Company Registration No. 09839385 (England and Wales)
Eagle 4x4 Limited
Unaudited accounts
for the year ended 31 October 2022
Eagle 4x4 Limited
Unaudited accounts
Contents
Eagle 4x4 Limited
Company Information
for the year ended 31 October 2022
Director
Martin David Whitfield
Secretary
Martin Whitfield
Company Number
09839385 (England and Wales)
Registered Office
UNIT 7 PRECISION WAY
TYTHING ROAD WEST
ALCESTER
B49 6FZ
ENGLAND
Accountants
Rachael Miles
2 Brook Lane
Charlton
Pershore
Worcestershire
WR10 3LG
Eagle 4x4 Limited
Statement of financial position
as at 31 October 2022
Tangible assets
1,010,723
958,863
Inventories
225,123
187,000
Cash at bank and in hand
1,886,682
1,693,777
Creditors: amounts falling due within one year
(327,519)
(532,396)
Net current assets
2,314,872
1,729,512
Total assets less current liabilities
3,325,595
2,688,375
Provisions for liabilities
Deferred tax
(30,300)
(19,959)
Net assets
3,295,295
2,668,416
Called up share capital
1
1
Profit and loss account
3,295,294
2,668,415
Shareholders' funds
3,295,295
2,668,416
For the year ending 31 October 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 18 April 2023 and were signed on its behalf by
Martin David Whitfield
Director
Company Registration No. 09839385
Eagle 4x4 Limited
Notes to the Accounts
for the year ended 31 October 2022
Eagle 4x4 Limited is a private company, limited by shares, registered in England and Wales, registration number 09839385. The registered office is UNIT 7 PRECISION WAY, TYTHING ROAD WEST, ALCESTER, B49 6FZ, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Property 2% on cost, Improvements 5 % on cost
Plant & machinery
15% reducing balance
Motor vehicles
20% reducing balance
Fixtures & fittings
20% reducing balance
Computer equipment
25% reducing balance
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 November 2021
846,100
14,330
152,447
6,115
13,517
1,032,509
Additions
2,468
11,809
81,851
3,854
3,900
103,882
Disposals
-
-
(21,474)
-
-
(21,474)
At 31 October 2022
848,568
26,139
212,824
9,969
17,417
1,114,917
At 1 November 2021
6,897
6,016
52,634
1,392
6,707
73,646
Charge for the year
2,408
1,852
34,573
1,715
2,678
43,226
On disposals
-
-
(12,678)
-
-
(12,678)
At 31 October 2022
9,305
7,868
74,529
3,107
9,385
104,194
At 31 October 2022
839,263
18,271
138,295
6,862
8,032
1,010,723
At 31 October 2021
839,203
8,314
99,813
4,723
6,810
958,863
Eagle 4x4 Limited
Notes to the Accounts
for the year ended 31 October 2022
Amounts falling due within one year
Trade debtors
170,246
77,972
Amounts due from group undertakings etc.
3,545
515
Accrued income and prepayments
6,795
2,644
Amounts falling due after more than one year
Other debtors
350,000
300,000
6
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
-
205,647
Trade creditors
137,024
36,823
Taxes and social security
134,636
201,874
Other creditors
26,441
20,989
Loans from directors
2,471
(4,035)
7
Average number of employees
During the year the average number of employees was 5 (2021: 5).