REGISTERED NUMBER: 10287367 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 August 2025

for

Eggersmann Design Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

G R M Elliott

G Singer

SECRETARY:

G R M Elliott

REGISTERED OFFICE:

Unit 6 & 7

Design Centre North

London

SW10 0HG

REGISTERED NUMBER:

10287367 (England and Wales)

ACCOUNTANTS:

RAA Ward Mackenzie Ltd

Chartered Accountants

Thatcher House

12 Mount Ephraim

Tunbridge Wells

Kent

TN4 8AS

FIXED ASSETS

Tangible assets

4

553,043

774,385

CURRENT ASSETS

Debtors

5

190,816

294,445

Cash at bank and in hand

126,702

99,522

317,518

393,967

CREDITORS

Amounts falling due within one year

6

(406,087

)

(598,442

)

NET CURRENT LIABILITIES

(88,569

)

(204,475

)

TOTAL ASSETS LESS CURRENT LIABILITIES

464,474

569,910

CREDITORS

Amounts falling due after more than one year

7

(398,787

)

(521,919

)

NET ASSETS

65,687

47,991

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

9

65,685

47,989

SHAREHOLDERS' FUNDS

65,687

47,991

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 3 June 2026 and were signed on its behalf by:

G R M Elliott - Director

1.	STATUTORY INFORMATION

Eggersmann Design 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 (£).

The principal activity of the company in the year under review was that of Manufacture of kitchen furniture and design activities.

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.

SIGNIFICANT JUDGEMENTS AND ESTIMATES

During the year ended 31 August 2023, the company changed its accounting policy for depreciating furniture and fixtures. Previously, the company depreciated these assets using the 25% as per Reducing balance method. From 01 September 2022, the company has started to depreciate furniture and fixtures using the 10% Reducing balance method, to align with the best practices and ensure the financial statements provide a true and fair view of the assets' value.

TURNOVER

Turnover represents net invoiced sales of goods, excluding value added tax.

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% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

33.33% on cost

DEFERRED TAX

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

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.

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 4 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 September 2024

3,519

967,078

17,235

987,832

Additions

-

-

2,349

2,349

Disposals

-

(200,634

)

-

(200,634

)

At 31 August 2025

3,519

766,444

19,584

789,547

DEPRECIATION

At 1 September 2024

2,112

195,739

15,596

213,447

Charge for year

352

77,134

1,576

79,062

Eliminated on disposal

-

(56,005

)

-

(56,005

)

At 31 August 2025

2,464

216,868

17,172

236,504

NET BOOK VALUE

At 31 August 2025

1,055

549,576

2,412

553,043

At 31 August 2024

1,407

771,339

1,639

774,385

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

86,126

27,505

Other debtors

1

1

CIS Receivable

517

-

Directors' current accounts

1,324

-

VAT

10,975

42,585

Prepayments and accrued income

11,873

66,854

Accrued Income

80,000

157,500

190,816

294,445

The directors consider the carrying value of trade and other receivables approximate to their fair values.

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

62,191

375,572

Corporation tax

(11

)

-

Social security and other tax

165,671

106,002

Other creditors

4,754

6,519

CIS liability

67,400

35,446

Directors' current accounts

104,242

71,639

Accrued expenses

1,840

3,264

406,087

598,442

The directors consider the carrying amounts of current liabilities approximate to their fair values.

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

259,475

363,334

Bank loans - 2-5 years

139,312

158,585

398,787

521,919

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

131,520

131,520

Between one and five years

526,080

526,080

In more than five years

32,880

164,400

690,480

822,000

9.

RESERVES

Retained

earnings

£

At 1 September 2024

47,989

Profit for the year

17,696

At 31 August 2025

65,685

The Profit and loss account comprises all current and prior period retained profit and losses after deducting any distributions made to the company's shareholders. This is a distributable reserve.

10.	PENSION COMMITMENTS

The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension costs charge represents contributions payable by the company to the fund and amounted to £2,294 (2024 - £3,712).

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 August 2025 and 31 August 2024:

2025

2024

£

£

G Singer

Balance outstanding at start of year

(7,956

)

(6,142

)

Amounts advanced

29,771

32,362

Amounts repaid

(20,492

)

(34,176

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

1,323

(7,956

)

G R M Elliott

Balance outstanding at start of year

(63,683

)

(69,333

)

Amounts advanced

1,000

29,685

Amounts repaid

(41,558

)

(24,035

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(104,241

)

(63,683

)

12.	RELATED PARTY DISCLOSURES

As at the balance sheet date, included in debtors are amounts due from the director G Singer of £1,323 (2024 - £7,956 in creditors). This loan is interest free and repayable on demand.

As at the balance sheet date, included in creditors are amounts due from the director G R M Elliott of £104,241 (2024 - £63,683). This loan is interest free and repayable on demand.

During the year £28,333 was paid to G Elliott & Co Limited, a company under the control of director G Elliott, for Management costs.

13.	SECURED DEBTS

Security is held by Lloyds bank PLC and The Trustees of the Eggersmann Design Pension Scheme in the form of charges held over all assets of the company , incorporating a fixed charge and negative pledge.