E-Burn Ltd - Filleted accounts

Registered number

09420266

E-Burn Ltd

Filleted Accounts

30 November 2024

E-Burn Ltd
Registered number:		09420266
Balance Sheet
as at 30 November 2024

Notes			2024			2023
£				£
Fixed assets
Tangible assets	3		16,730			22,303

Current assets
Stocks		79,122			130,000
Debtors	4	18,645			353,572
Cash at bank and in hand		173,574			13,004
		271,341			496,576

Creditors: amounts falling due within one year	5	(201,695)			(77,195)

Net current assets			69,646			419,381

Total assets less current liabilities			86,376			441,684


Provisions for liabilities			(4,761)			(4,761)


Net assets			81,615			436,923

Capital and reserves
Called up share capital			501			1,000
Profit and loss account			81,114			435,923

Shareholders' funds			81,615			436,923

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




D Hayley
Director
Approved by the board on 30 June 2025

E-Burn Ltd
Notes to the Accounts
for the year ended 30 November 2024


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings	over 50 years
	Leasehold land and buildings	over the lease term
	Plant and machinery	25% on reducing balance
	Fixtures, fittings, tools and equipment	25% on reducing balance

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.

2	Employees			2024		2023
Number					Number

	Average number of persons employed by the company			5		5

3	Tangible fixed assets
		Plant and machinery etc		Motor vehicles		Total
£			£		£
	Cost
	At 1 December 2023	10,413		42,230		52,643
	At 30 November 2024	10,413		42,230		52,643

	Depreciation
	At 1 December 2023	5,876		24,464		30,340
	Charge for the year	1,133		4,440		5,573
	At 30 November 2024	7,009		28,904		35,913

	Net book value
	At 30 November 2024	3,404		13,326		16,730
	At 30 November 2023	4,537		17,766		22,303


4	Debtors			2024		2023
£					£

	Trade debtors			-		83,580
	Other debtors			18,645		269,992
				18,645		353,572


5	Creditors: amounts falling due within one year			2024		2023
£					£

	Bank loans and overdrafts			4,676		28,579
	Trade creditors			155,269		-
	Taxation and social security costs			37,066		49,617
	Other creditors			4,684		(1,001)
				201,695		77,195


6	Other information

	E-Burn Ltd is a private company limited by shares and incorporated in England. Its registered office is: Units 3 & 5, Swordfish Way, Sherburn in Elmet, Leeds, LS25 6NG