E.B.G. (UK) LIMITED

E.B.G. (UK) LIMITED

E.B.G. (UK) LIMITED - Company Information

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E.B.G. (UK) LIMITED

Company Registration Number:
02796584 (England and Wales)

Unaudited abridged accounts for the year ended 31 October 2019

Period of accounts

Start date: 01 November 2018

End date: 31 October 2019

E.B.G. (UK) LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2019

Balance sheet
Notes

E.B.G. (UK) LIMITED

Balance sheet

As at 31 October 2019


Notes
2019
2018


£
£
Fixed assets
Tangible assets: 2 6,542 9,104
Total fixed assets: 6,542 9,104
Current assets
Stocks: 85,008 85,008
Debtors:   186,758 5,251
Cash at bank and in hand: 6,665 17,536
Total current assets: 278,431 107,795
Creditors: amounts falling due within one year:   (170,624) (31,099)
Net current assets (liabilities): 107,807 76,696
Total assets less current liabilities: 114,349 85,800
Total net assets (liabilities): 114,349 85,800
Capital and reserves
Called up share capital: 211 211
Revaluation reserve:3126,909126,909
Profit and loss account: (12,771) (41,320)
Shareholders funds: 114,349 85,800

The notes form part of these financial statements

E.B.G. (UK) LIMITED

Balance sheet statements

For the year ending 31 October 2019 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 07 January 2020
and signed on behalf of the board by:

Name: Mark Anthony
Status: Director

The notes form part of these financial statements

E.B.G. (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2019

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover represents amounts receivable for goods and services net of VAT and tradediscounts

Tangible fixed assets and depreciation policy

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, by depreciating all assets by twenty five per cent reducing balance.

Valuation and information policy

Stock is valued at the lower of cost and net realisable value

Other accounting policies

Deferred tax is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes.

E.B.G. (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2019

2. Tangible Assets

Total
Cost £
At 01 November 2018 124,155
At 31 October 2019 124,155
Depreciation
At 01 November 2018 115,051
Charge for year 2,562
At 31 October 2019 117,613
Net book value
At 31 October 2019 6,542
At 31 October 2018 9,104

E.B.G. (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2019

3. Revaluation reserve

2019
£
Balance at 01 November 2018 126,909
Surplus or deficit after revaluation 0
Balance at 31 October 2019 126,909

E.B.G. (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2019

4. Related party transactions

Name of the related party: Mark Anthony
Relationship:
Consultant
Description of the Transaction: Consultancy fees paid to director
£
Balance at 01 November 2018 0
Balance at 31 October 2019 9,962