Eggs-Port Limited 31/08/2022 iXBRL
Eggs-Port Limited 31/08/2022 iXBRL
Company registration number:
02907898
Pages for filing with Registrar
Contents
Statement of financial position
Notes to the financial statements
Statement of financial position
31 August 2022
2022 | 2021 | ||||||||
Note | £ | £ | £ | £ | |||||
Current assets | |||||||||
Stocks |
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Debtors | 6 |
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Cash at bank and in hand |
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_______ | _______ | ||||||||
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Creditors: amounts falling due | |||||||||
within one year | 7 |
(
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(
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_______ | _______ | ||||||||
Net current assets |
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_______ | _______ | ||||||||
Total assets less current liabilities |
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_______ | _______ | ||||||||
Net assets |
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_______ | _______ | ||||||||
Capital and reserves | |||||||||
Called up share capital |
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Profit and loss account |
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_______ | _______ | ||||||||
Shareholders funds |
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_______ | _______ | ||||||||
Director's responsibilities:
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The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
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The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
These financial statements were approved by the
board of directors
and authorised for issue on
17 August 2023
, and are signed on behalf of the board by:
Director
Company registration number:
02907898
Notes to the financial statements
Year ended 31 August 2022
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Hexham Mart, Tyne Green, Hexham, Northumberland, NE46 3SG.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Taxation
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Plant and machinery | - |
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If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
Stocks
Financial instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Debt instruments are subsequently measured at amortised cost.
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
2
(2021:
1
).
5.
Tangible assets
Plant and machinery | Total | ||
£ | £ | ||
Cost | |||
At 1 September 2021 and 31 August 2022 |
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_______ | _______ | ||
Depreciation | |||
At 1 September 2021 and 31 August 2022 |
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_______ | _______ | ||
Carrying amount | |||
At 31 August 2022 | - | - | |
_______ | _______ | ||
At 31 August 2021 | - | - | |
_______ | _______ | ||
6.
Debtors
2022 | 2021 | |||
£ | £ | |||
Trade debtors |
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Other debtors |
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_______ | _______ | |||
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_______ | _______ | |||
7.
Creditors: amounts falling due within one year
2022 | 2021 | |||
£ | £ | |||
Bank loans and overdrafts | - |
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Trade creditors |
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Corporation tax |
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Social security and other taxes | - |
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Other creditors |
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_______ | _______ | |||
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_______ | _______ | |||
8.
Directors advances, credits and guarantees
During the year the director entered into the following advances and credits with the company: | ||||
2022 | ||||
Balance brought forward | Amounts repaid | Balance o/standing | ||
£ | £ | £ | ||
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(
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_______ | _______ | _______ | ||
2021 | ||||
Balance brought forward | Amounts repaid | Balance o/standing | ||
£ | £ | £ | ||
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- |
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_______ | _______ | _______ | ||