REGISTERED NUMBER: 08945881 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Eagle Art Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

C Joffe

SECRETARY:

C Joffe

REGISTERED OFFICE:

2 Leman Street

London

E1W 9US

REGISTERED NUMBER:

08945881 (England and Wales)

ACCOUNTANTS:

.

FIXED ASSETS

Tangible assets

4

2,442,755

1,201,027

CURRENT ASSETS

Stocks

13,165

13,165

Debtors

5

6,011

343,674

Cash at bank

193,660

591,591

212,836

948,430

CREDITORS

Amounts falling due within one year

6

269,055

276,798

NET CURRENT (LIABILITIES)/ASSETS

(56,219

)

671,632

TOTAL ASSETS LESS CURRENT LIABILITIES

2,386,536

1,872,659

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

2,386,436

1,872,559

2,386,536

1,872,659

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 her 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 17 December 2025 and were signed by:

C Joffe - Director

1.	STATUTORY INFORMATION

Eagle Art 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.

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.

Tangible fixed assets

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

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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.

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 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2024

1,189,739

63,864

1,253,603

Additions

1,254,938

23,184

1,278,122

At 31 March 2025

2,444,677

87,048

2,531,725

DEPRECIATION

At 1 April 2024

24,034

28,542

52,576

Charge for year

24,693

11,701

36,394

At 31 March 2025

48,727

40,243

88,970

NET BOOK VALUE

At 31 March 2025

2,395,950

46,805

2,442,755

At 31 March 2024

1,165,705

35,322

1,201,027

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

6,011

342,775

Other debtors

-

899

6,011

343,674

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

4,074

1,907

Taxation and social security

258,936

265,241

Other creditors

6,045

9,650

269,055

276,798