REGISTERED NUMBER: 06082932 (England and Wales)

EASTGALAXY LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 26 MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

M A True

REGISTERED OFFICE:

Purfleet Truck Wash

Beacon Hill Industrial Estate

Botany Way

Purfleet

Essex

RM19 1SR

REGISTERED NUMBER:

06082932 (England and Wales)

ACCOUNTANTS:

Spurling Cannon

King Arthur's Court

Maidstone Road

Charing

Kent

TN27 0JS

FIXED ASSETS

Intangible assets

4

29,871

35,844

Tangible assets

5

418,516

416,817

Investments

6

18,042

18,042

466,429

470,703

CURRENT ASSETS

Debtors

7

1,029,097

468,766

Cash at bank

-

20,487

1,029,097

489,253

CREDITORS

Amounts falling due within one year

8

(1,111,383

)

(699,616

)

NET CURRENT LIABILITIES

(82,286

)

(210,363

)

TOTAL ASSETS LESS CURRENT LIABILITIES

384,143

260,340

CREDITORS

Amounts falling due after more than one year

9

(50,268

)

(90,496

)

NET ASSETS

333,875

169,844

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

333,873

169,842

333,875

169,844

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 26 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 26 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 5 December 2025 and were signed by:

M A True - Director

1.	STATUTORY INFORMATION

Eastgalaxy Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

20% on reducing balance

Fixture & Fittings

-

20% on reducing balance

Motor vehicles

-

20% on reducing balance

Computer equipment

-

20% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 26 (2024 - 20 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 27 March 2024

and 26 March 2025

119,471

AMORTISATION

At 27 March 2024

83,627

Amortisation for year

5,973

At 26 March 2025

89,600

NET BOOK VALUE

At 26 March 2025

29,871

At 26 March 2024

35,844

5.	TANGIBLE FIXED ASSETS

Plant and

Fixture &

Motor

Computer

machinery

Fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 27 March 2024

913,883

111,726

120,413

6,409

1,152,431

Additions

105,236

634

-

-

105,870

At 26 March 2025

1,019,119

112,360

120,413

6,409

1,258,301

DEPRECIATION

At 27 March 2024

603,118

43,087

86,423

2,986

735,614

Charge for year

83,200

13,867

6,798

306

104,171

At 26 March 2025

686,318

56,954

93,221

3,292

839,785

NET BOOK VALUE

At 26 March 2025

332,801

55,406

27,192

3,117

418,516

At 26 March 2024

310,765

68,639

33,990

3,423

416,817

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 27 March 2024

and 26 March 2025

18,042

NET BOOK VALUE

At 26 March 2025

18,042

At 26 March 2024

18,042

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

59,727

55,391

Amounts owed by group undertakings

969,370

413,375

1,029,097

468,766

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

16,976

-

Hire purchase contracts

40,229

37,650

Trade creditors

227,315

201,184

Corporation Tax

100,501

23,177

Social security and other taxes

17,213

104,821

Pension Payable

555

529

VAT

45,344

22,548

Sundry creditors

3,385

3,167

Directors' current accounts

574,173

196,279

Accruals and deferred income

85,692

110,261

1,111,383

699,616

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

50,268

90,496