Eggersmann Design Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 10287367 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 August 2019

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 1

555 Kings Road

London

SW6 2EB

REGISTERED NUMBER:

10287367 (England and Wales)

ACCOUNTANTS:

Ward Mackenzie Ltd

Chartered Accountants

Oxford House

15-17 Mount Ephraim Road

Tunbridge Wells

Kent

TN1 1EN

FIXED ASSETS

Tangible assets

3

49,068

64,480

CURRENT ASSETS

Debtors

4

117,442

170,071

Cash at bank

52,627

26,272

170,069

196,343

CREDITORS

Amounts falling due within one year

5

(166,979

)

(216,297

)

NET CURRENT ASSETS/(LIABILITIES)

3,090

(19,954

)

TOTAL ASSETS LESS CURRENT LIABILITIES

52,158

44,526

CAPITAL AND RESERVES

Called up share capital

6

2

2

Retained earnings

7

52,156

44,524

SHAREHOLDERS' FUNDS

52,158

44,526

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2019 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 22 April 2020 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.

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.

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.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 September 2018

1,942

90,821

4,548

97,311

Additions

103

1,485

-

1,588

At 31 August 2019

2,045

92,306

4,548

98,899

DEPRECIATION

At 1 September 2018

488

30,518

1,825

32,831

Charge for year

377

15,107

1,516

17,000

At 31 August 2019

865

45,625

3,341

49,831

NET BOOK VALUE

At 31 August 2019

1,180

46,681

1,207

49,068

At 31 August 2018

1,454

60,303

2,723

64,480

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Trade debtors

67,044

94,665

Other debtors

(779

)

1,464

CIS Deduction - Asset

(1,990

)

-

Rent Deposit

31,200

31,200

Prepayments and accrued income

21,967

42,742

117,442

170,071

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2019

2018

£

£

Other loans

34,509

-

Trade creditors

40,142

65,302

Tax

2,453

-

Social security and other taxes

9,363

4,869

VAT

45,644

14,443

Other creditors

1,325

916

Directors' current accounts

349

848

Deferred income

20,185

111,724

Accrued expenses

13,009

18,195

166,979

216,297

6.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

2019

2018

value:

£

£

2

Share capital 1

£1

2

2

7.

RESERVES

Retained

earnings

£

At 1 September 2018

44,524

Profit for the year

7,632

At 31 August 2019

52,156

8.	RELATED PARTY DISCLOSURES

During the year payment of £20,000 is made towards management consultancy charges to G Elliott & Co Limited

having common director and shareholder Mr G R M Ellliott.

9.	ULTIMATE CONTROLLING PARTY

The controlling parties are Mr. Giles Roderick Mcgregor Elliott and Mr. Gary Singer both being directors and share

holders.

10.	SECURED DEBTS

Security is held by Lloyds bank PLC in the form of charges held over all assets of the company , incorporating a

fixed charge and negative pledge.