Eghb 118 Limited - Accounts to registrar (filleted) - small 22.3

REGISTERED NUMBER: 04115561 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2022

for

EGHB 118 LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Director:

J Newton

Registered office:

10 Stadium Business Court

Millennium Way

Pride Park

Derby

DE24 8HP

Registered number:

04115561 (England and Wales)

Accountants:

Haines Watts

Chartered Accountants

10 Stadium Business Court

Millennium Way

Pride Park

Derby

DE24 8HP

Fixed assets

Investments

4

3,016,942

2,882,404

Current assets

Cash at bank

67,840

65,650

Creditors

Amounts falling due within one year

5

12,749

12,752

Net current assets

55,091

52,898

Total assets less current liabilities

3,072,033

2,935,302

Provisions for liabilities

6

104,040

92,316

Net assets

2,967,993

2,842,986

Capital and reserves

Called up share capital

7

1,500,100

1,500,100

Fair value reserve

8

815,938

703,895

Retained earnings

651,955

638,991

Shareholders' funds

2,967,993

2,842,986

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 15 December 2022 and were signed by:

J Newton - Director

1.	STATUTORY INFORMATION

Eghb 118 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 as modified by the revaluation of certain assets.

Investments

Investments are measured at fair value with changes in fair value being recognised in the statement of comprehensive income.

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different

from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply

to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that

they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

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

4.	FIXED ASSET INVESTMENTS

Listed

investments

£

Cost or valuation

At 1 April 2021

2,882,404

Additions

10,772

Revaluations

123,766

At 31 March 2022

3,016,942

Net book value

At 31 March 2022

3,016,942

At 31 March 2021

2,882,404

Listed investments have a historical cost of £2,096,965 (2021: £2,086,193).

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Tax

11,550

11,552

Accruals and deferred income

1,199

1,200

12,749

12,752

6.	PROVISIONS FOR LIABILITIES

2022

2021

£

£

Deferred tax

104,040

92,316

Deferred tax

£

Balance at 1 April 2021

92,316

Provided during year

11,724

Balance at 31 March 2022

104,040

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2022

2021

value:

£

£

100

Ordinary

£1

100

100

1,500,000

Preference Shares

£1

1,500,000

1,500,000

1,500,100

1,500,100

8.

RESERVES

Fair value

reserve

£

At 1 April 2021

703,895

Reserve transfers

112,043

At 31 March 2022

815,938

9.	RELATED PARTY TRANSACTIONS

The Company was under the control of J Newton throughout the current and previous period. J Newton is the managing director and majority shareholder.

No transactions with related parties were undertaken such as are required to be disclosed under FRS 102 Section 1A.