REGISTERED NUMBER: 08791200 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

EASTBAY CONSTRUCTION LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

M N Ramsden

REGISTERED OFFICE:

Mayrhofen

Holton Road

Tetney

GRIMSBY

DN36 5PB

REGISTERED NUMBER:

08791200 (England and Wales)

ACCOUNTANTS:

Smethurst & Co

12 Abbey Road

GRIMSBY

DN32 0HL

FIXED ASSETS

Tangible assets

4

64,762

76,939

CURRENT ASSETS

Stocks

5

39,718

101,758

Debtors

6

1,001,405

292,830

Cash at bank

153,708

133,494

1,194,831

528,082

CREDITORS

Amounts falling due within one year

7

712,344

80,279

NET CURRENT ASSETS

482,487

447,803

TOTAL ASSETS LESS CURRENT LIABILITIES

547,249

524,742

PROVISIONS FOR LIABILITIES

12,702

6,752

NET ASSETS

534,547

517,990

CAPITAL AND RESERVES

Allotted, called up and

fully paid share capital

1

1

Profit and loss account

534,546

517,989

534,547

517,990

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 23 December 2025 and were signed by:

M N Ramsden - Director

1.	STATUTORY INFORMATION

Eastbay Construction 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 from the rendering of services is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover 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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

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

-

25% Reducing Balance and 15% Reducing Balance

Fixtures and fittings

-

15% Reducing Balance

Computer equipment

-

20% Reducing Balance

Work in progress

Work in progress is valued at the lower of cost and estimated selling price.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Debtors and creditors

Debtors and creditors with no interest rate and receivable or payable within one year are recognised at transaction price. And losses arising from impairment are recognised in the profit and loss account.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 April 2024

190,121

6,554

7,126

203,801

Additions

907

-

-

907

At 31 March 2025

191,028

6,554

7,126

204,708

DEPRECIATION

At 1 April 2024

119,944

3,305

3,613

126,862

Charge for year

11,893

488

703

13,084

At 31 March 2025

131,837

3,793

4,316

139,946

NET BOOK VALUE

At 31 March 2025

59,191

2,761

2,810

64,762

At 31 March 2024

70,177

3,249

3,513

76,939

5.

STOCKS

31.3.25

31.3.24

£

£

Work-in-progress

39,718

101,758

6.

DEBTORS

31.3.25

31.3.24

£

£

Amounts falling due within one year:

Trade debtors

935,053

14,563

Amounts owed by group undertakings

-

118,906

VAT and other taxation receivable

9,241

2,371

Prepayments

7,111

6,990

951,405

142,830

Amounts falling due after more than one year:

Other debtors

50,000

150,000

Aggregate amounts

1,001,405

292,830

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

40,191

41,368

Amounts owed to group undertakings

388,116

-

Social security and other taxes

1,822

4,035

Other creditors

281,015

33,876

Accrued expenses

1,200

1,000

712,344

80,279