ACCOUNTS - Final Accounts preparation

Cash and cash equivalents

Registered number: 02936613

EBS LTD

DIRECTORS' REPORT AND FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 12 NOVEMBER 2025

EBS LTD

COMPANY INFORMATION

Directors	Kulvindar Kaur Badh (appointed 18 March 2022)
	Annemarie Charlotte Visser (appointed 15 December 2025)


Registered number	02936613


Registered office	Innovation Centre
	Gallows Hill
	Warwick
	Warwickshire
	CV34 6UW

EBS LTD

CONTENTS

	Page
Directors' Report	1
Statement of Comprehensive Income	2
Statement of Financial Position	3 - 4
Notes to the Financial Statements	5 - 12

EBS LTD

DIRECTORS' REPORT

FOR THE PERIOD ENDED 12 NOVEMBER 2025

The directors present their report and the financial statements for the period ended 12 November 2025.

Director

The director who served during the period was:

Kulvindar Kaur Badh (appointed 18 March 2022)

Small companies note

In preparing this report, the directors have taken advantage of the small companies exemptions provided by section 415A of the Companies Act 2006.

This report was approved by the board and signed on its behalf.

................................................

K Badh

Director

Date: 11 August 2026

Page 1

EBS LTD

STATEMENT OF COMPREHENSIVE INCOME

FOR THE PERIOD ENDED 12 NOVEMBER 2025

	12 November	30 November
	2025	2024
Note	£	£


Turnover	1.157.778	1.104.664
Cost of sales	(532.513)	(496.519)
Gross profit	625.265	608.145
Distribution costs	(17.957)	(33.358)
Administrative expenses	(500.925)	(457.208)
Other operating income	3.008	3.410
Other operating charges	(21.551)	(413)
Operating profit	87.840	120.576
Interest receivable and similar income	28	4.254
Interest payable and similar expenses	(23.326)	(22.232)
Profit before tax	64.542	102.598
Tax on profit	-	(27.526)
Profit for the financial period	64.542	75.072

There was no other comprehensive income for 2025 (2024:£NIL).

The notes on pages 5 to 12 form part of these financial statements.

Page 2

EBS LTD

REGISTERED NUMBER: 02936613

STATEMENT OF FINANCIAL POSITION

AS AT 12 NOVEMBER 2025

	12 November	30 November
	2025	2024
Note	£	£

Fixed assets
Intangible assets	4		15.208		17.500
Tangible assets	5		37.982		66.251
Investments	6		70.000		70.000
			123.190		153.751
Current assets
Debtors: amounts falling due within one year	7	214.001		265.516
Cash at bank and in hand	8	43.714		26.263
		257.715		291.779
Creditors: amounts falling due within one year	9	(209.597)		(216.623)
Net current assets			48.118		75.156
Total assets less current liabilities			171.308		228.907
Creditors: amounts falling due after more than one year	10		(49.844)		(71.984)

Net assets			121.464		156.923

Capital and reserves
Called up share capital	1.000	1.000
Share premium account	49.950	49.950
Capital redemption reserve	50	50
Other reserves	105.922	127.351
Profit and loss account	(35.458)	(21.428)
	121.464	156.923

Page 3

EBS LTD

REGISTERED NUMBER: 02936613

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 12 NOVEMBER 2025

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements were approved and authorised for issue by the board and were signed on its behalf by:

................................................

Kulvindar Kaur Badh

Director

Date: 11 August 2026

The notes on pages 5 to 12 form part of these financial statements.

Page 4

EBS LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 12 NOVEMBER 2025

1.	General information

These financial statements are presented in Pounds (GBP), as that is the currency in which the majority
of the company's transactions are denominated. They comprise the financial statements of the company
for the year ended 12 November 2025 and presented to the nearest pound.
The company has determined that the GBP is its functional currency, as this is the currency of the
economic environment in which the Company predominantly operates.
The principal activity of the company during the year was that of corporate management and fudiciary
services provider.
The company is a United Kingdom company limited by shares. It is both incorporated and domiciled in
England and Wales. The registered office address is Innovation Centre, Gallows Hill, Warwick, Warwickshire, CV34 6UW.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the requirements and the Companies Act 2006 and the requirements of the Statement of Recommended Practice 'Accounting by Limited Liabilities Partnerships'. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of Comprehensive Income within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

Page 5

EBS LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 12 NOVEMBER 2025

2.Accounting policies (continued)

2.3

Revenue

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the Company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before turnover is recognised:

Rendering of services

Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of turnover can be measured reliably;

∙it is probable that the Company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

2.4

Operating leases: the Company as lessee

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

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

2.5

Government grants

Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income.
Grants of a revenue nature are recognised in the Statement of Comprehensive Income in the same period as the related expenditure.

2.6

Interest income

Interest income is recognised in profit or loss using the effective interest method.

2.7

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

2.8

Borrowing costs

All borrowing costs are recognised in profit or loss in the period in which they are incurred.

Page 6

EBS LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 12 NOVEMBER 2025

2.Accounting policies (continued)

2.9

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.

2.10

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

2.11

Intangible assets

Goodwill

Goodwill represents the difference between amounts paid on the cost of a business combination and the acquirer’s interest in the fair value of its identifiable assets and liabilities of the acquiree at the date of acquisition. Subsequent to initial recognition, goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight-line basis to the Statement of Comprehensive Income over its useful economic life.

Other intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

2.12

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 7

EBS LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 12 NOVEMBER 2025

2.Accounting policies (continued)

2.12

Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

The estimated useful lives range as follows:

Long-term leasehold property	-	Straight line over 3 years
Motor vehicles	-	15% Straight line over 3 years
Fixtures and fittings	-	Straight line over 3 years
Office equipment	-	Straight line over 3 years
Computer equipment	-	Straight line over 3 years

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.13

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.14

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.15

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2.16

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Employees

The average monthly number of employees, including directors, during the period was 15 (2024 - 16).

Page 8

EBS LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 12 NOVEMBER 2025

4.	Intangible assets

		Goodwill
		£
	Cost
	At 1 December 2024	50.000
	At 12 November 2025	50.000
	Amortisation
	At 1 December 2024	32.500
	Charge for the period on owned assets	2.292
	At 12 November 2025	34.792
	Net book value
	At 12 November 2025	15.208
	At 30 November 2024	17.500

Page 9

EBS LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 12 NOVEMBER 2025

5.	Tangible fixed assets

	Long-term leasehold property	Motor vehicles	Fixtures and fittings	Office equipment	Total
	£	£	£	£	£
Cost or valuation
At 1 December 2024	22.725	64.758	21.416	29.178	138.077
Additions	-	-	172	-	172
Disposals	-	(6.000)	-	-	(6.000)
At 12 November 2025	22.725	58.758	21.588	29.178	132.249
Depreciation
At 1 December 2024	18.035	8.814	18.471	26.506	71.826
Charge for the period on owned assets	-	8.814	4.169	2.465	15.448
Charge for the period on financed assets	6.993	-	-	-	6.993
At 12 November 2025	25.028	17.628	22.640	28.971	94.267
Net book value
At 12 November 2025	(2.303)	41.130	(1.052)	207	37.982
At 30 November 2024	4.690	55.944	2.945	2.672	66.251

6.	Fixed asset investments

		Trade investments
		£

	At 1 December 2024	70.000
	At 12 November 2025	70.000

Debtors

					12 November	30 November
					2025	2024

Page 10

EBS LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 12 NOVEMBER 2025

7.Debtors (continued)


Trade debtors	165.909	122.177
Amounts owed by associates	18.380	112.694
Prepayments and accrued income	29.712	30.645
	214.001	265.516

Cash at bank and in hand	43.714	26.263
	43.714	26.263

Trade creditors	32.151	41.671
Corporation tax	-	32.990
Other taxation and social security	140.240	93.322
Obligations under finance lease and hire purchase contracts	35.799	44.464
Other creditors	-	49
Accruals and deferred income	1.407	4.127
	209.597	216.623

Page 11

EBS LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 12 NOVEMBER 2025

Other loans	49.844	71.984
	49.844	71.984


Amounts falling due 1-2 years
Other loans	49.844	71.984
	49.844	71.984


	49.844	71.984

12.	Controlling party

EBS Ltd forms part of a group.

Page 12