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← Ego Performance Company Ltd

2024-12-31-accounts

Company Reg. No. 06579286

EGO Performance Company Ltd

Annual Report

and

Accounts

31st December 2024

Cromwell Accounting Ltd

18c Main Street Bilton Rugby CV22 7ND

EGO Performance Company Ltd

Accounts for the year ended 31st Dectember 2024

Full financial statements for shareholders for the year ended 31st December 2024 were approved

by the Board of Directors on 20th March 2025.

The Directors have prepared the attached financial statements for the year ended

31st December 2024 in compliance with the Companies Act 2006 for filing with Companies

House.

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EGO Performance Company Ltd

Annual Report of the Directors and

Statement of Accounts for the year ended 31st December 2024

The Directors present their Annual Report together with the financial statements for the year ended 31st December 2024.

Principal Activities

The principal activity of the Company during the year remained that of the provision of Theatre Training and Workshops.

Directors

The Directors during the year were as follows:-

Mr D. Greene Mrs K. Low Ms K. Klaassen Mr P. Taylor Mr K. Wilson K. Shankle C. Henrywood P E Illene B J Kirk I H Millar Mr O Diallo (Appointed 18th November 2024)

The Report of the Directors has been prepared in accordance with part 15 of the Companies Act 2006 relating to small Companies.

By Order of the Board

Director (On behalf of the Board of Directors)

Jesson House Tower Street Coventry CV1 1JN 20th March 2025

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EGO Performance Company Ltd

Report of the Accountants to the Directors of

EGO Performance Company Ltd

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31st December 2024 set out on Pages 3 to 9 and you consider that the Company is exempt from an audit.

In accordance with your instructions we have compiled these unaudited financial statements in order t assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Cromwell Accounting Ltd

18c Main Street Bilton Rugby CV22 7ND

20th March 2025

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EGO Performance Company Ltd

Accounting Policies

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.

1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

2. Fixed Assets

Depreciation is calculated to write off the cost or valuation of the fixed assets over their estimated useful lives as follows:-

Computer equipment at 20% of the written down value Fixtures and equipment at 15% of the written down value

3. Stock and Work in Progress

Stocks and Work in Progress are valued at the lower of cost or net realisable value after making due allowances for obsolete and slow moving items.

4. Turnover

Turnover is based on the invoiced value of sales excluding Value Added Tax where applicable.

5. Surplus or Deficit on Trading

Surplus or deficit on trading reflects surpluses or deficits arising from the trading activities during the year. Extraordinary items arising outside the normal trading activities are shown separately in the Profit and Loss Account.

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EGO Performance Company Ltd

Balance Sheet 31st December 2024

Note
FIXED ASSETS
Tangible assets
1
CURRENT ASSETS
Stock and work in progress
Debtors
2
Cash funds
CREDITORS: Amounts falling due
within one year
3
NET CURRENT ASSETS
Total Assets less Current Liabilities
Creditors : Amounts falling due after more than one year
4
RESERVES
Income and expenditure account		 31st December
31st December
2024
2023
£
£
£
£
44,875
44,131
29,215
35,357
4,647
0
167,227
75,324
201,089
110,681
77,348
34,304
123,741
76,377
168,616
120,508
2,007
5,903
166,609
114,605
166,609
114,605
166,609
114,605		 31st December
31st December
2024
2023
£
£
£
£
44,875
44,131
29,215
35,357
4,647
0
167,227
75,324
201,089
110,681
77,348
34,304
123,741
76,377
168,616
120,508
2,007
5,903
166,609
114,605
166,609
114,605
166,609
114,605
120,508
5,903
114,605
114,605
114,605

The company is entitled to exemption from audit under section 477 of the Companies Act 2006 for the period ended 31st December 2024.

Directors responsibilities;

The members have not required the company to obtain an audit of its financial statements for the period ended 31st December 2024 in accordance with section 476 of the Companies Act 2006

These accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board on 20th March 2025

On behalf of the Board

……………………………………....………

Ms K Klaassen

(Director)

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EGO Performance Company Ltd

Notes to Balance Sheet 31st December 2024

Fixtures &
1. TANGIBLE ASSETS
Website
Equipment
£
£
at cost less depreciation
Cost
To 1st January 2024
19,549
57,254
Expenditure during period
0
7,195
Elimination of cost of disposals
0
0
To 31st December 2024
19,549
64,449
Deprecaition
To 1st January 2024
3498
33,544
Provision for period
1,605
3,972
On disposals
0
0
To 31st December 2024
5,103
37,516
Net Book Value
At 31st December 2024
14,446
26,933
At 1st January 2024
16,051
23,710
2. DEBTORS
Amounts falling due within one year:-
Trade debtors
Other debtors
Prepayments
3. CREDITORS ( Amounts falling due within one year )
Trade creditors
Loan
Other taxation and social security payable
Other creditors
Accruals
Grants received in advance		 Fixtures &
Website
Equipment
£
£
19,549
57,254
0
7,195
0
0		 Computer
Equipment
Total
£
£
21,533
98,336
0
7,195
0
0
19,549
64,449		 21,533
105,531
3498
33,544
1,605
3,972
0
0		 17,163
54,205
874
6,451
0
0
5,103
37,516		 18,037
60,656
14,446
26,933		 3,496
44,875
16,051
23,710		 4,370
44,131
31st
31st
December December
2024
2023
.
£
£
0
0
0
0
4,647
0
4,647
0
0
20,165
4,259
4,259
8,669
8,640
40
40
1,200
1,200
63,180
0
77,348
34,304

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Ego Performance Company Ltd

Notes to Balance Sheet 31st December 2024

( Continued )

4. CREDITORS ( Amounts falling due after more than one year )
Loan
Other creditors		 2024
2023
£
£
2,007
5,903
0
0
2,007
5,903

The company took out a bounceback loan in June 2020 to facilitate cash flow. The loan is repayable over 5 years.

5. Reserves
At 1st January 2024
Surplus for the year
Closing reserves		 114,605
102,779
52,004
11,826
166,609
114,605

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EGO Performance Company Ltd

Income and Expenditure Account for the year ended 31st December 2024

Surplus on ordinary activities before taxation
Comprising:-
Turnover
Administrative expenses
Operating Surplus
Interest receivable and similar income
Surplus on ordinary activities before taxation
Taxation on surplus on ordinary activities
Surplus for the financial period		 year ended
year ended
31st December
31st December
2024
2023
£
£
£
£
52,004
11,826
622,295
526,447
570,291
514,621
52,004
11,826
0
0
52,004
11,826
0
0
52,004
11,826		 year ended
year ended
31st December
31st December
2024
2023
£
£
£
£
52,004
11,826
622,295
526,447
570,291
514,621
52,004
11,826
0
0
52,004
11,826
0
0
52,004
11,826
11,826

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EGO Performance Company Ltd

Notes to Profit and Loss Account 31st December 2024

1. Operating Surplus/ (Deficit)

31st 31st
December December
2024 2023
£ £
The operating surplus is stated after charging:-
Depreciation of tangible assets 6,451 6,930
Director's remuneration and other benefits etc 0 0

2. Taxation

No liability to UK corporation tax arose on ordinary activities for the year ended 31st December 2024 nor for the year ended 31st December 2023.

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EGO Performance Company Ltd

Detailed Income and Expenditure Account for the year ended 31st December 2024

Turnover
Other income
Deposit account interest
Rent and rates
Equipment hire
Insurance
R & D
Academy costs
Freelance practitioners
Wages and national insurance
Production costs
Volunteer expenses
Consultancy fees
CPD
Legal fees
Subscriptions and licences
Staff and trustee training
Telephone, computer, carraige
Storage
Merchandise costs
Stationery
Marketing and advertising
Travel expenses
Miscellaneous
Repairs
Loan interest
Bank charges
Initial Trading Surplus
deduct:
Depreciation
Surplus for the year
deduct:Expenditure		 year ended
year ended
31st December
31st December
2024
2023
£
£
£
£
622,295
526,447
2,881
938
625,176
527,385
35,347
22,550
400
3,855
5,245
4,756
6,726
1,757
6,417
8,737
24,941
44,786
384,327
353,378
53,684
29,408
654
1,550
4,245
5,762
1,665
288
4,700
1,990
2,396
4,334
4,140
7,356
4,888
3,561
4,200
1,500
4,694
3,559
151
261
5,820
4,711
1,169
1,249
819
303
9,211
2,533
385
324
497
121
566,721
508,629
58,455
18,756
6,451
6,930
6,451
6,930
52,004
11,826		 year ended
year ended
31st December
31st December
2024
2023
£
£
£
£
622,295
526,447
2,881
938
625,176
527,385
35,347
22,550
400
3,855
5,245
4,756
6,726
1,757
6,417
8,737
24,941
44,786
384,327
353,378
53,684
29,408
654
1,550
4,245
5,762
1,665
288
4,700
1,990
2,396
4,334
4,140
7,356
4,888
3,561
4,200
1,500
4,694
3,559
151
261
5,820
4,711
1,169
1,249
819
303
9,211
2,533
385
324
497
121
566,721
508,629
58,455
18,756
6,451
6,930
6,451
6,930
52,004
11,826
11,826

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EGO Performance Company Ltd

Detailed Income and Expenditure Account for the year ended 31st December 2024

Continued

year ended year ended
31st December 31st December
2024 2023
£ £ £ £
nover
Grants 477500 446420
Donations 1744 1159
Fees received 36387 13931
Academy income 85210 52716
Box office takings 8104 8338
Miscellaneous Income 9150 500
Merchandise takings 4200 3383

Turnover

622,295 526,447

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