East London Factory Surplus Buyers Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 01318765

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		8,396		8,422

			8,396		8,422
CURRENT ASSETS
Stocks	5	33,000		33,000
Cash at bank and in hand		24,880		20,505

		57,880		53,505
Creditors: Amounts Falling Due Within One Year	6	(49,496 )		(51,657 )

NET CURRENT ASSETS (LIABILITIES)			8,384		1,848

TOTAL ASSETS LESS CURRENT LIABILITIES			16,780		10,270

NET ASSETS			16,780		10,270

CAPITAL AND RESERVES
Called up share capital	7		100		100
Profit and Loss Account			16,680		10,170

SHAREHOLDERS' FUNDS			16,780		10,270

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East London Factory Surplus Buyers Limited

Balance Sheet (continued)

As At 31 August 2025

For the year ending 31 August 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 John Green

Director

28 May 2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

East London Factory Surplus Buyers Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01318765 . The registered office is 669a Lea Bridge Road, London, E10 6AL.

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 measured at cost less accumulated depreciation and any accumulated impairment losses. 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:

Freehold	not provided
Motor Vehicles	25% 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: 1 (2024: 1)

4. Tangible Assets

	Land & Property
	Freehold	Motor Vehicles	Total
	£	£	£
Cost
As at 1 September 2024	8,396	6,488	14,884

As at 31 August 2025	8,396	6,488	14,884

...CONTINUED

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East London Factory Surplus Buyers Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

Depreciation
As at 1 September 2024	-	6,462	6,462
Provided during the period	-	26	26

As at 31 August 2025	-	6,488	6,488

Net Book Value
As at 31 August 2025	8,396	-	8,396

As at 1 September 2024	8,396	26	8,422

5. Stocks

	2025	2024
	£	£
Stock	33,000	33,000

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	9,433	16,250
Other taxes and social security	8,614	4,083
Accruals and deferred income	2,650	3,280
Director's loan account	28,799	28,044

	49,496	51,657

7. Share Capital

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

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