ACCOUNTS - Final Accounts preparation

Caseware UK (AP4) 2023.0.135 2023.0.135 2023-07-312023-07-312022-08-01falseHolding company11falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 13194632 2022-08-01 2023-07-31 13194632 2021-08-01 2022-07-31 13194632 2023-07-31 13194632 2022-07-31 13194632 c:Director1 2022-08-01 2023-07-31 13194632 c:RegisteredOffice 2022-08-01 2023-07-31 13194632 d:CurrentFinancialInstruments 2023-07-31 13194632 d:CurrentFinancialInstruments 2022-07-31 13194632 d:Non-currentFinancialInstruments 2023-07-31 13194632 d:Non-currentFinancialInstruments 2022-07-31 13194632 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-31 13194632 d:CurrentFinancialInstruments d:WithinOneYear 2022-07-31 13194632 d:ShareCapital 2023-07-31 13194632 d:ShareCapital 2022-07-31 13194632 d:RetainedEarningsAccumulatedLosses 2023-07-31 13194632 d:RetainedEarningsAccumulatedLosses 2022-07-31 13194632 c:OrdinaryShareClass1 2022-08-01 2023-07-31 13194632 c:OrdinaryShareClass1 2023-07-31 13194632 c:OrdinaryShareClass1 2022-07-31 13194632 c:FRS102 2022-08-01 2023-07-31 13194632 c:AuditExemptWithAccountantsReport 2022-08-01 2023-07-31 13194632 c:FullAccounts 2022-08-01 2023-07-31 13194632 c:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 13194632 2 2022-08-01 2023-07-31 13194632 e:PoundSterling 2022-08-01 2023-07-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 13194632

EBA FINANCE LTD

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JULY 2023

EBA FINANCE LTD

COMPANY INFORMATION

Director	A D Chambers


Registered number	13194632


Registered office	6 High Street
	Chelmsford
	CM1 1BE


Accountants	MA Partners LLP
	7 The Close
	Norwich
	NR1 4DJ

EBA FINANCE LTD

CONTENTS

	Page
Accountants' report	1
Balance sheet	2 - 3
Notes to the financial statements	4 - 6

EBA FINANCE LTD

CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF EBA FINANCE LTD
FOR THE YEAR ENDED 31 JULY 2023

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of EBA Finance Ltd for the year ended 31 July 2023 which comprise the Balance sheet and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the director of EBA Finance Ltd in accordance with the terms of our engagement letter dated 29 March 2022. Our work has been undertaken solely to prepare for your approval the financial statements of EBA Finance Ltd and state those matters that we have agreed to state to the director of EBA Finance Ltd in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than EBA Finance Ltd and its director for our work or for this report.

It is your duty to ensure that EBA Finance Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of EBA Finance Ltd. You consider that EBA Finance Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of EBA Finance Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

MA Partners LLP

7 The Close

Norwich

NR1 4DJ

25 April 2024

Page 1

EBA FINANCE LTD

REGISTERED NUMBER: 13194632

BALANCE SHEET

AS AT 31 JULY 2023

		2023		2022
Note		£		£


Current assets
Debtors: amounts falling due after more than one year	4	250,000		-
Debtors: amounts falling due within one year	4	3,225		100
Cash at bank and in hand		50		-
		253,275		100
Creditors: amounts falling due within one year	5	(250,550)		-
Net current assets			2,725		100
Total assets less current liabilities			2,725		100

Net assets			2,725		100

Capital and reserves
Called up share capital	6	100	100
Profit and loss account		2,625	-
		2,725	100

Page 2

EBA FINANCE LTD

REGISTERED NUMBER: 13194632

BALANCE SHEET (CONTINUED)

AS AT 31 JULY 2023

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

A D Chambers

Director

Date: 25 April 2024

The notes on pages 4 to 6 form part of these financial statements.

Page 3

EBA FINANCE LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2023

1.	General information

EBA Finance Ltd is a private limited Company incorporated in England and Wales. Its registered office is 6a High Street, Chelmsford, CM1 1BE.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

2.2

Interest income

Interest income is recognised in profit or loss using the effective interest method.

2.3

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.4

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.5

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 4

EBA FINANCE LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2023

2.Accounting policies (continued)

2.6

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade debtors and creditors, loans from banks and loans to and from related parties. Debt instruments that are payable or receivable within one year are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.

Employees

The average monthly number of employees, including the director, during the year was as follows:

	2023	2022
	No.	No.

Directors	1	1

4.	Debtors
		2023	2022
		£	£

Due after more than one year
Other debtors	250,000	-
	250,000	-

					2023	2022
					£	£

Due within one year
Other debtors	3,125	-
Called up share capital not paid	100	100
	3,225	100

Page 5

EBA FINANCE LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2023

5.	Creditors: Amounts falling due within one year
		2023	2022
		£	£

Amounts owed to group undertakings	250,000	-
Other creditors	50	-
Accruals and deferred income	500	-
	250,550	-

6.	Share capital
		2023	2022
		£	£

Allotted, called up and partly paid

100 (2022 - 100) Ordinary shares shares of £1.00 each	100	100

Page 6