Eastbrook Group Ltd - Accounts to registrar (filleted) - small 22.3

REGISTERED NUMBER: 09436013 (England and Wales)

Unaudited Financial Statements for the Year Ended 28 February 2022

for

Eastbrook Group Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

Mr J Cohen

REGISTERED OFFICE:

The Retreat

406 Roding Lane South

Woodford Green

Essex

IG8 8EY

REGISTERED NUMBER:

09436013 (England and Wales)

ACCOUNTANTS:

Nordens

The Retreat

406 Roding Lane South

Woodford Green

Essex

IG8 8EY

FIXED ASSETS

Tangible assets

4

6,705

8,045

CURRENT ASSETS

Debtors

5

78,629

100,120

Investments

6

1

-

Cash at bank

239,289

132,982

317,919

233,102

CREDITORS

Amounts falling due within one year

7

85,715

55,796

NET CURRENT ASSETS

232,204

177,306

TOTAL ASSETS LESS CURRENT LIABILITIES

238,909

185,351

CREDITORS

Amounts falling due after more than one year

8

41,258

46,321

NET ASSETS

197,651

139,030

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

197,650

139,029

SHAREHOLDERS' FUNDS

197,651

139,030

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 4 July 2022 and were signed by:

Mr J Cohen - Director

1.	STATUTORY INFORMATION

Eastbrook Group Ltd 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Going concern without material uncertainties

COVID-19 is not expected to have a significant impact on the entity. Management has determined that there is no material uncertainty that casts doubt on the entity's ability to continue as a going concern. It expects that COVID-19 might have some impact, though not significant, for example, in relation to expected future performance, or the effects on some future asset valuations.

Government grants

Government grants represents income received in the form of Job Retention Scheme (JRS), money received from the Government during the COVID-19 pandemic.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2021 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 March 2021

and 28 February 2022

9,084

4,879

2,989

16,952

DEPRECIATION

At 1 March 2021

4,613

2,632

1,662

8,907

Charge for year

671

337

332

1,340

At 28 February 2022

5,284

2,969

1,994

10,247

NET BOOK VALUE

At 28 February 2022

3,800

1,910

995

6,705

At 28 February 2021

4,471

2,247

1,327

8,045

5.

DEBTORS

28.2.22

28.2.21

£

£

Amounts falling due within one year:

Other debtors

78,509

100,000

Amounts falling due after more than one year:

Amounts owed by related parties

120

120

Aggregate amounts

78,629

100,120

6.	CURRENT ASSET INVESTMENTS

28.2.22

28.2.21

£

£

Unlisted investments

1

-

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.22

28.2.21

£

£

Bank loans and overdrafts

5,063

3,679

Taxation and social security

21,041

16,623

Other creditors

59,611

35,494

85,715

55,796

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

28.2.22

28.2.21

£

£

Bank loans

41,258

46,321

9.	RELATED PARTY DISCLOSURES

The Director Mr J Cohen is considered to be key management personnel.