EAGLEBEAM_LIMITED - Accounts

EAGLEBEAM LIMITED - Company Information

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Company Registration No. 03959836 (England and Wales)

EAGLEBEAM LIMITED

UNAUDITED ABBREVIATED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2016

EAGLEBEAM LIMITED

CONTENTS

Page

Abbreviated balance sheet

1 - 2

Notes to the abbreviated accounts

3 - 5

EAGLEBEAM LIMITED

ABBREVIATED BALANCE SHEET

AS AT

30 JUNE 2016

- 1 -

2016

2015

Notes

Fixed assets

Tangible assets

92,004

66,966

Investments

3,587,376

3,679,380

3,654,342

Current assets

Stocks

4,331,471

Debtors

150,377

107,684

Cash at bank and in hand

66,178

34,568

4,548,026

4,473,723

Creditors: amounts falling due within one year

(2,550,220)

(2,670,081)

Net current assets

1,997,806

1,803,642

Total assets less current liabilities

5,677,186

5,457,984

Creditors: amounts falling due after more than one year

(2,006,705)

(2,207,477)

Provisions for liabilities

(9,830)

(12,949)

3,660,651

3,237,558

Capital and reserves

Called up share capital

3,000

300

Share premium account

82,892

Other reserves

250

Profit and loss account

3,574,509

3,154,116

Shareholders' funds

3,660,651

3,237,558

EAGLEBEAM LIMITED

ABBREVIATED BALANCE SHEET (CONTINUED)

AS AT

30 JUNE 2016

- 2 -

For the financial year ended 30 June 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

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;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 28 March 2017

Mr N McLean

Director

Company Registration No. 03959836

EAGLEBEAM LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 30 JUNE 2016

- 3 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1.2

Compliance with accounting standards

The financial statements are prepared in accordance with applicable United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), which have been applied consistently (except as otherwise stated).

1.3

Turnover

There are two principal activities. Turnover represents amounts receivable for goods and services net of VAT provided at the pub and the rental income receivable.

1.4

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Land and buildings Leasehold

15% Reducing balance

Plant and machinery

15% Reducing balance

Fixtures, fittings & equipment

15% Reducing balance

1.5

Investments

Fixed asset investments are stated at cost less provision for diminution in value.

1.6

Stock and work in progress

Stock and work in progress are valued at the lower of cost and net realisable value.

1.7

Deferred taxation

Deferred taxation is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.

EAGLEBEAM LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 30 JUNE 2016

- 4 -

Fixed assets

Tangible assets

Investments

Total

Cost

At 1 July 2015

90,905

3,587,376

3,678,281

Additions

58,457

Disposals

(18,000)

At 30 June 2016

131,362

3,587,376

3,718,738

Depreciation

At 1 July 2015

23,939

On disposals

(3,000)

Charge for the year

18,419

At 30 June 2016

39,358

Net book value

At 30 June 2016

92,004

3,587,376

3,679,380

At 30 June 2015

66,966

3,587,376

3,654,342

Holdings of more than 20%

The company holds more than 20% of the share capital of the following companies:

Company

Country of registration or

Shares held

incorporation

Class

Subsidiary undertakings

Matchams Leisure Limited

England

Ordinary

100.00

The aggregate amount of capital and reserves and the results of these undertakings for the last relevant financial year were as follows:

Capital and reserves

Profit/(loss) for the year

2016

Principal activity

Matchams Leisure Limited

Dormant from 1st April 2012

Creditors: amounts falling due after more than one year

2016

2015

Analysis of loans repayable in more than five years

Total not repayable by instalments and due in more than five years

2,020,158

2,207,477

EAGLEBEAM LIMITED

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 30 JUNE 2016

- 5 -

Share capital

2016

2015

Allotted, called up and fully paid

3,000 Ordinary shares of £1 each

3,000

300

During the year 2700 ordinary shares of £1 each were allotted and fully paid at par for cash consideration.