The Ebor Jetworks Limited - Accounts to registrar (filleted) - small 22.3

REGISTERED NUMBER: 07534699 (England and Wales)

Unaudited Financial Statements for the Year Ended 28 February 2022

for

The Ebor Jetworks Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D J Steele

S Caldwell - Steele

REGISTERED OFFICE:

2 Clifton Moor Business Village

James Nicolson Link

York

North Yorkshire

YO30 4XG

REGISTERED NUMBER:

07534699 (England and Wales)

ACCOUNTANTS:

Beckingtons

2 Clifton Moor Business

Village

James Nicolson Link

York

North Yorkshire

YO30 4XG

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

7,752

6,131

7,752

6,131

CURRENT ASSETS

Stocks

18,200

16,500

Debtors

6

6,703

2,644

Cash at bank and in hand

61,537

54,409

86,440

73,553

CREDITORS

Amounts falling due within one year

7

35,756

23,395

NET CURRENT ASSETS

50,684

50,158

TOTAL ASSETS LESS CURRENT LIABILITIES

58,436

56,289

CREDITORS

Amounts falling due after more than one year

8

40,278

50,000

NET ASSETS

18,158

6,289

CAPITAL AND RESERVES

Called up share capital

9

2

2

Retained earnings

18,156

6,287

SHAREHOLDERS' FUNDS

18,158

6,289

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2022 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 applicable to companies subject to the small companies regime.

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 and authorised for issue on 21 November 2022 and were signed on its behalf by:

D J Steele - Director

S Caldwell - Steele - Director

1.	STATUTORY INFORMATION

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

33% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2021 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 March 2021

and 28 February 2022

20,000

AMORTISATION

At 1 March 2021

and 28 February 2022

20,000

NET BOOK VALUE

At 28 February 2022

-

At 28 February 2021

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 March 2021

6,555

4,807

5,297

16,659

Additions

1,477

916

1,327

3,720

At 28 February 2022

8,032

5,723

6,624

20,379

DEPRECIATION

At 1 March 2021

3,149

2,886

4,493

10,528

Charge for year

734

424

941

2,099

At 28 February 2022

3,883

3,310

5,434

12,627

NET BOOK VALUE

At 28 February 2022

4,149

2,413

1,190

7,752

At 28 February 2021

3,406

1,921

804

6,131

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.22

28.2.21

£

£

Other debtors

6,703

2,644

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.22

28.2.21

£

£

Bank loans and overdrafts

5,556

-

Trade creditors

1,519

5,168

Taxation and social security

24,321

15,169

Other creditors

4,360

3,058

35,756

23,395

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

28.2.22

28.2.21

£

£

Bank loans

40,278

50,000

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

28.2.22

28.2.21

value:

£

£

2

Ordinary

£1

2

2

10.	RELATED PARTY DISCLOSURES

The following advances and credits to directors subsisted during the years ended 28 February 2022 and 28 February 2021:

28.2.22

28.2.21

£

£

S Caldwell - Steele and D J Steele

Balance outstanding at start of year

-

-

Amounts advanced

5,799

-

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

5,799

-

The loan was repaid in full within 9 months of the year-end.