Eggersmann Design Limited - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: 10287367 (England and Wales)

Unaudited Financial Statements

for the Period 20 July 2016 to 31 August 2017

for

EGGERSMANN DESIGN LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

G R M Elliott

G Singer

SECRETARY:

G R M Elliott

REGISTERED OFFICE:

Unit 1

555 Kings Road

London

SW6 2EB

REGISTERED NUMBER:

10287367 (England and Wales)

ACCOUNTANTS:

Ward Mackenzie Ltd

Chartered Accountants

Oxford House

15-17 Mount Ephraim Road

Tunbridge Wells

Kent

TN1 1EN

FIXED ASSETS

Tangible assets

3

65,866

CURRENT ASSETS

Debtors

4

195,277

Cash at bank

37,347

232,624

CREDITORS

Amounts falling due within one year

5

(264,236

)

NET CURRENT LIABILITIES

(31,612

)

TOTAL ASSETS LESS CURRENT LIABILITIES

34,254

CAPITAL AND RESERVES

Called up share capital

6

2

Retained earnings

7

34,252

SHAREHOLDERS' FUNDS

34,254

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 August 2017.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 August 2017 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 of Part 15 of the Companies Act 2006 relating to small companies.

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 on 19 April 2018 and were signed on its behalf by:

G R M Elliott - Director

1.	STATUTORY INFORMATION

Eggersmann Design 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

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

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

33.33% on cost

Deferred tax

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

sheet date as these are considered immaterial.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

Additions

1,290

74,923

2,027

78,240

At 31 August 2017

1,290

74,923

2,027

78,240

DEPRECIATION

Charge for period

110

11,893

371

12,374

At 31 August 2017

110

11,893

371

12,374

NET BOOK VALUE

At 31 August 2017

1,180

63,030

1,656

65,866

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade debtors

91,142

Other debtors

3,551

Rent Deposit

31,200

Performance bond

24,000

Prepayments and accrued income

45,384

195,277

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade creditors

64,049

Social security and other taxes

4,527

VAT

13,853

Directors' current accounts

537

Directors' loan accounts

40,255

Deferred income

110,822

Accrued expenses

30,193

264,236

6.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

value:

£

2

Share capital 1

£1

2

7.

RESERVES

Retained

earnings

£

Profit for the period

34,252

At 31 August 2017

34,252

8.	OTHER FINANCIAL COMMITMENTS

The following financial commitments are included within debtors -

Performance bond amounting to £24,000 for work contract of £236,173.

Lloyds Bank Plc holds a fixed charge over the assets of the company in respect of above bond agreed between

Eggersmann Design Limited with Od Developments & Projects Limited

9.	RELATED PARTY DISCLOSURES

During the year payment of £20,000 is made towards management consultancy charges to G Elliott & Co Limited

having common director and shareholder Mr G R M Ellliott.

10.	ULTIMATE CONTROLLING PARTY

The controlling parties are Mr. Giles Roderick Mcgregor Elliott and Mr. Gary Singer both being directors and share

holders.