REGISTERED NUMBER: 08317827 (England and Wales)

E K L Builders Limited

Unaudited Financial Statements for the Year Ended 31 December 2024

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

J King

REGISTERED OFFICE:

5 London Road

Rainham

Gillingham

Kent

ME8 7RG

REGISTERED NUMBER:

08317827 (England and Wales)

ACCOUNTANTS:

Aggarwal & Co

Chartered Accountants

5 London Road

Rainham

Gillingham

Kent

ME8 7RG

FIXED ASSETS

Tangible assets

4

14,918

2,936

Investments

5

100

100

15,018

3,036

CURRENT ASSETS

Inventories

155,354

769,046

Debtors

6

51,915

44,489

Cash at bank

39,616

101

246,885

813,636

CREDITORS

Amounts falling due within one year

7

32,024

686,319

NET CURRENT ASSETS

214,861

127,317

TOTAL ASSETS LESS CURRENT LIABILITIES

229,879

130,353

CREDITORS

Amounts falling due after more than one year

8

(50,451

)

(39,558

)

PROVISIONS FOR LIABILITIES

(3,431

)

-

NET ASSETS

175,997

90,795

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

175,897

90,695

SHAREHOLDERS' FUNDS

175,997

90,795

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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 9 December 2025 and were signed by:

J King - Director

1.	STATUTORY INFORMATION

E K L Builders Limited 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.

Preparation of consolidated financial statements

The financial statements contain information about E K L Builders Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Income recognition

Income represents rents received, and amounts receivable from the sale of properties. Income from sale of properties is recognised in the income statement when contracts of sale are exchanged.

Tangible fixed assets

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

Plant and machinery etc

-

25% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Inventories

Inventories are measured at the lower of cost and estimated selling price less costs to complete and sell.

In respect of work in progress and finished goods, cost includes an appropriate proportion of attributable overheads according to the stage of manufacture/completion.

Financial instruments

The Company enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties and loans to related parties.

Basic financial instruments are recognised at amortised cost with changes recognised in profit or loss.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

9,891

Additions

13,269

At 31 December 2024

23,160

DEPRECIATION

At 1 January 2024

6,955

Charge for year

1,287

At 31 December 2024

8,242

NET BOOK VALUE

At 31 December 2024

14,918

At 31 December 2023

2,936

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 January 2024

and 31 December 2024

100

NET BOOK VALUE

At 31 December 2024

100

At 31 December 2023

100

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Amounts owed by group undertakings

34,584

40,603

Other debtors

17,331

3,886

51,915

44,489

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

10,000

10,000

Hire purchase contracts (see note 9)

2,149

-

Trade creditors

2,518

8,515

Taxation and social security

12,376

-

Other creditors

4,981

667,804

32,024

686,319

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

40,811

39,558

Hire purchase contracts (see note 9)

9,640

-

50,451

39,558

9.	LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

2024

2023

£

£

Net obligations repayable:

Within one year

2,149

-

Between one and five years

9,640

-

11,789

-

The hire purchase liabilities are secured on the particular financed assets.

10.	SECURED DEBTS

The following secured debts are included within creditors:

2024

2023

£

£

Other loans

-

565,147

Other loans have been repaid during the year, and are secured by fixed and floating charges over all the property or undertaking of the company.