Company Registration No. 03507095 (England and Wales)
Ebico Limited
Unaudited accounts
for the year ended 31 December 2025
Ebico Limited
Unaudited accounts
Contents
Ebico Limited
Company Information
for the year ended 31 December 2025
Directors
R G T Stenhouse (Chairman)
P J C Levermore
C A Young
M Bjelic
Company Number
03507095 (England and Wales)
Registered Office
Office 16
Hexagon House Avenue 4
Station Lane
Witney
OX28 4BN
Ebico Limited
Statement of financial position
as at 31 December 2025
Investments
198,180
75,104
Investments
2,565,889
2,489,425
Cash at bank and in hand
714,587
921,433
Creditors: amounts falling due within one year
(10,479)
(15,369)
Net current assets
3,282,680
3,429,089
Net assets
3,480,860
3,504,193
Profit and loss account
3,480,860
3,504,193
Members' funds
3,480,860
3,504,193
For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 25 June 2026 and were signed on its behalf by
R G T Stenhouse (Chairman)
Director
Company Registration No. 03507095
Ebico Limited
Notes to the Accounts
for the year ended 31 December 2025
Ebico Limited is a private company, limited by guarantee, registered in England and Wales, registration number 03507095. The registered office is Office 16, Hexagon House Avenue 4, Station Lane, Witney, OX28 4BN.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the special provisions in part 15 of the Companies Act 2006 relating to small companies, and in accordance with the provisions of FRS 102 Section 1A small entities. There are no material departures from this standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention.
The company and its subsidiary undertakings comprise a small group. The company has therefore taken advantage of the exemption provided by Section 398 of the Companies Act 2006 not to prepare group accounts.
UK Corporation tax payable is provided at amounts expected to be paid (or recovered) using the tax rates and laws that have been enacted or substantially enacted by the balance sheet date. Deferred taxation is provided using the liability method on all timing differences which are expected to reverse in the future without being replaced, calculated at the rate at which it is anticipated the timing differences will reverse. Where the future recoverability of a deferred tax asset is uncertain, then the relevant deferred tax asset is not recognised.
Investments in subsidiary undertakings and associated companies are stated at cost, less any provisions for impairment.
Impact investments comprise investments in unquoted equity instruments and are carried at cost less impairment. Impairment losses recognised in prior periods are assessed at each reporting date for any indication that the loss has decreased or no longer exists. An impairment loss is only reversed to the extent that the asset's carrying amount does not exceed the carrying amount that would have been determined had no impairment been recognised.
Current assets investments comprise investments in Stock Exchange listed funds or equities which are readily realisable. Current assets are held at fair value on the reporting date with changes recognised in the profit and loss account.
Trade and other debtors/creditors
Trade and other debtors are recognised initially at transaction price less attributable transaction costs. Trade and other creditors are recognised initially at transaction price plus attributable transaction costs. Subsequent to initial recognition they are measured at amortised cost using the effective interest method, less any impairment losses in the case of trade debtors.
Cash and cash equivalents
Cash and cash equivalents comprise cash balances and call deposits.
Turnover represents the amounts invoiced for goods and services, stated net of value added tax.
Ebico Limited
Notes to the Accounts
for the year ended 31 December 2025
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The directors have considered a period of twelve months from the date of approval of the financial statements. Having taken account of all available information about the future, including the company's most recent trading results, budgets and cash flow forecasts, the directors continue to adopt the going concern basis of accounting in preparing the financial statements.
4
Investments
Subsidiary undertakings
Other investments
Total
Valuation at 1 January 2025
101
75,003
75,104
Additions
-
173,103
173,103
Fair value adjustments
-
(50,027)
(50,027)
Valuation at 31 December 2025
101
198,079
198,180
The company owns 100% of the issued ordinary share capital of Ebico Trading Limited and of Ebico Energy Ltd. Both companies are registered in the UK at the address shown in note 1.
Other investments comprise social impact investments, less provisions for impairment.
Amounts falling due within one year
Amounts due from group undertakings etc.
8,804
33,600
Accrued income and prepayments
1,775
-
6
Investments held as current assets
2025
2024
Listed investments
2,565,889
2,489,425
Current asset investments comprise investments in Stock Exchange listed funds or equities which are readily realisable.
7
Creditors: amounts falling due within one year
2025
2024
Trade creditors
4,402
1,917
Amounts owed to group undertakings and other participating interests
-
12,207
Taxes and social security
5,327
-
8
Company limited by guarantee
The company is a private company limited by guarantee and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of a liquidation.
Ebico Limited
Notes to the Accounts
for the year ended 31 December 2025
9
Transactions with related parties
The Company has taken advantage of the exemption in FRS102 Section 1AC.35 "Related Party Disclosures" from the requirement to disclose transactions with group companies on the grounds that all group companies are wholly owned.
During the year fees totalling £17,180 (2024: £17,271) for the services of Mr C A Young as a director, were charged to the company.
10
Average number of employees
During the year the average number of employees was 3 (2024: 0).