Eagle Sales Limited - Accounts to registrar (filleted) - small 22.3

Eagle Sales Limited - Accounts to registrar (filleted) - small 22.3

EAGLE SALES LIMITED - Company Information

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IRIS Accounts Production v22.4.0.132 08248670 Board of Directors 1.7.21 30.6.22 30.6.22 true false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure082486702021-06-30082486702022-06-30082486702021-07-012022-06-30082486702020-06-30082486702020-07-012021-06-30082486702021-06-3008248670ns16:EnglandWales2021-07-012022-06-3008248670ns15:PoundSterling2021-07-012022-06-3008248670ns11:Director12021-07-012022-06-3008248670ns11:PrivateLimitedCompanyLtd2021-07-012022-06-3008248670ns11:SmallEntities2021-07-012022-06-3008248670ns11:AuditExempt-NoAccountantsReport2021-07-012022-06-3008248670ns11:SmallCompaniesRegimeForDirectorsReport2021-07-012022-06-3008248670ns11:SmallCompaniesRegimeForAccounts2021-07-012022-06-3008248670ns11:FullAccounts2021-07-012022-06-3008248670ns11:Director22021-07-012022-06-3008248670ns11:RegisteredOffice2021-07-012022-06-3008248670ns6:CurrentFinancialInstruments2022-06-3008248670ns6:CurrentFinancialInstruments2021-06-3008248670ns6:ShareCapital2022-06-3008248670ns6:ShareCapital2021-06-3008248670ns6:RetainedEarningsAccumulatedLosses2022-06-3008248670ns6:RetainedEarningsAccumulatedLosses2021-06-3008248670ns6:PlantMachinery2021-07-012022-06-3008248670ns6:PlantMachinery2021-06-3008248670ns6:PlantMachinery2022-06-3008248670ns6:PlantMachinery2021-06-3008248670ns6:CostValuation2021-06-3008248670ns6:WithinOneYearns6:CurrentFinancialInstruments2022-06-3008248670ns6:WithinOneYearns6:CurrentFinancialInstruments2021-06-30
REGISTERED NUMBER: 08248670 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2022

FOR

EAGLE SALES LIMITED
EAGLE SALES LIMITED (REGISTERED NUMBER: 08248670)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


EAGLE SALES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2022







DIRECTORS: H J Pearman
Ms K J Ibberson





REGISTERED OFFICE: 150 High Street
Sevenoaks
Kent
TN13 1XE





REGISTERED NUMBER: 08248670 (England and Wales)





ACCOUNTANTS: Greenaway Chartered Accountants
150 High Street
Sevenoaks
Kent
TN13 1XE
Page 1
EAGLE SALES LIMITED (REGISTERED NUMBER: 08248670)

BALANCE SHEET
30 JUNE 2022

30/6/22 30/6/21
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 1,000 1,500
Investments 5 123 123
1,123 1,623

CURRENT ASSETS
Stocks 6 5,223,847 5,439,248
Debtors 7 4,645,389 1,957,000
Cash at bank 221,655 208,031
10,090,891 7,604,279
CREDITORS
Amounts falling due within one year 8 7,691,429 5,384,385
NET CURRENT ASSETS 2,399,462 2,219,894
TOTAL ASSETS LESS CURRENT
LIABILITIES
2,400,585
2,221,517

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 2,400,485 2,221,417
SHAREHOLDERS' FUNDS 2,400,585 2,221,517

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2022 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 March 2023 and were signed on its behalf by:




H J Pearman - Director


The notes form part of these financial statements

Page 2
EAGLE SALES LIMITED (REGISTERED NUMBER: 08248670)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2022

1. STATUTORY INFORMATION

Eagle Sales 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 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 etc - 25% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Stocks
Stocks and work in progress are valued at the lower of cost and net realiseble value, after making due allowance for obsolete and slow moving items.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2021 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£
COST
At 1 July 2021
and 30 June 2022 2,000
DEPRECIATION
At 1 July 2021 500
Charge for year 500
At 30 June 2022 1,000
NET BOOK VALUE
At 30 June 2022 1,000
At 30 June 2021 1,500

Page 3 continued...
EAGLE SALES LIMITED (REGISTERED NUMBER: 08248670)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2022

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£
COST
At 1 July 2021
and 30 June 2022 123
NET BOOK VALUE
At 30 June 2022 123
At 30 June 2021 123

6. STOCKS
30/6/22 30/6/21
£ £
Stocks 3,833,769 4,396,400
Work-in-progress 1,390,078 1,042,848
5,223,847 5,439,248

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/6/22 30/6/21
£ £
Trade debtors 696,675 146,675
Amounts owed by group undertakings 949,959 741,891
Other debtors 2,998,755 1,068,434
4,645,389 1,957,000

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/6/22 30/6/21
£ £
Trade creditors 218,038 219,262
Amounts owed to group undertakings 36,517 91,517
Taxation and social security 59,127 55,078
Other creditors 7,377,747 5,018,528
7,691,429 5,384,385

9. RELATED PARTY DISCLOSURES

Purchases of £800,368 (2021:£1,082,193) were made from Eagle E-types Limited, a subsidary of Eagle Sales Limited. £15,825 (2021: £65,239) was also charged by Eagle E-Types Limited for advertising.

At 30 June 2022 £949,959 (2021: £741,891) was owed by Eagle E-types Limited to Eagle Sales Limited.

At 30 June 2022 £36,517 (2021: £91,517) was owed to Eagle Speedster Limited, a subsidary of Eagle Sales Limited.

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