EASY GOODS LTD

	Page
Balance Sheet	1
Notes to the Financial Statements	2—3

Registered number: 08810646

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		217		272

			217		272
CURRENT ASSETS
Stocks	5	5,700		7,643
Debtors	6	1,260		1,260
Cash at bank and in hand		2,371		1,209

		9,331		10,112
Creditors: Amounts Falling Due Within One Year	7	(15,449 )		(16,388 )

NET CURRENT ASSETS (LIABILITIES)			(6,118 )		(6,276 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(5,901 )		(6,004 )

NET LIABILITIES			(5,901 )		(6,004 )

CAPITAL AND RESERVES
Called up share capital	8		100		100
Profit and Loss Account			(6,001 )		(6,104 )

SHAREHOLDERS' FUNDS			(5,901)		(6,004)

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr M SHAHZAD

Director

24/12/2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

EASY GOODS LTD is a private company, limited by shares, incorporated in England & Wales, registered number 08810646 . The registered office is Unit 4 Hobson Street, Stoke-On-Trent, ST6 2AW.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings	20% reducing balance
Computer Equipment	20% reducing balance

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was:

	2025	2024
Sales, marketing and distribution	1	1

	1	1

4. Tangible Assets

	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost
As at 1 April 2024	720	1,800	2,520

As at 31 March 2025	720	1,800	2,520

Depreciation
As at 1 April 2024	642	1,606	2,248
Provided during the period	16	39	55

As at 31 March 2025	658	1,645	2,303

...CONTINUED

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EASY GOODS LTD

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

Net Book Value
As at 31 March 2025	62	155	217

As at 1 April 2024	78	194	272

5. Stocks

	2025	2024
	£	£
Finished goods	5,700	7,643

6. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	1,260	1,260

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	3,094	4,124
Corporation tax	1	1
Other taxes and social security	130	178
Accruals and deferred income	650	650
Director's loan account	11,574	11,435

	15,449	16,388

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

9. Ultimate Controlling Party

The company's ultimate controlling party is the director by virtue of his ownership of 100% of the issued share capital in the company.

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