1 August 2021 false No description of principal activity Taxfiler 2022.8.3 05706163business:PrivateLimitedCompanyLtd2021-08-012022-07-31 057061632021-07-31 057061632021-08-012022-07-31 05706163business:AuditExemptWithAccountantsReport2021-08-012022-07-31 05706163business:FullAccounts2021-08-012022-07-31 057061632022-07-31 05706163business:Director12021-08-012022-07-31 05706163business:RegisteredOffice2021-08-012022-07-31 057061632021-07-31 05706163core:WithinOneYear2022-07-31 05706163core:WithinOneYear2021-07-31 05706163core:AfterOneYear2022-07-31 05706163core:AfterOneYear2021-07-31 05706163core:ShareCapital2022-07-31 05706163core:ShareCapital2021-07-31 05706163core:RetainedEarningsAccumulatedLosses2022-07-31 05706163core:RetainedEarningsAccumulatedLosses2021-07-31 05706163business:SmallEntities2021-08-012022-07-31 05706163countries:EnglandWales2021-08-012022-07-31 05706163core:PlantMachinery2021-08-012022-07-31 05706163core:MotorVehicles2021-08-012022-07-31 05706163core:FurnitureFittings2021-08-012022-07-31 05706163core:PlantMachinery2021-07-31 05706163core:MotorVehicles2021-07-31 05706163core:FurnitureFittings2021-07-31 05706163core:PlantMachinery2022-07-31 05706163core:MotorVehicles2022-07-31 05706163core:FurnitureFittings2022-07-31 057061632020-08-012021-07-31 iso4217:GBP xbrli:pure
Company Registration No. 05706163 (England and Wales)
Easy2PC Limited Unaudited accounts for the year ended 31 July 2022
Easy2PC Limited Unaudited accounts Contents
Page
- 2 -
Easy2PC Limited Company Information for the year ended 31 July 2022
Director
John Smith
Company Number
05706163 (England and Wales)
Registered Office
UNIT 5 CUNLIFFE DRIVE KETTERING NORTHANTS NN16 8LD UNITED KINGDOM
Accountants
Kingsbrook Accounting and Tax Services Limited 2 Kingsbrook Corby Northants NN189HY
- 3 -
Easy2PC Limited Statement of financial position as at 31 July 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Tangible assets
20,772 
3,376 
Investment property
170,916 
170,916 
191,688 
174,292 
Current assets
Inventories
40,000 
40,000 
Debtors
27,482 
27,482 
Cash at bank and in hand
28,124 
43,394 
95,606 
110,876 
Creditors: amounts falling due within one year
(160,954)
(181,032)
Net current liabilities
(65,348)
(70,156)
Total assets less current liabilities
126,340 
104,136 
Creditors: amounts falling due after more than one year
(27,268)
(28,000)
Net assets
99,072 
76,136 
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
98,072 
75,136 
Shareholders' funds
99,072 
76,136 
For the year ending 31 July 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 12 August 2022 and were signed on its behalf by
John Smith Director Company Registration No. 05706163
- 4 -
Easy2PC Limited Notes to the Accounts for the year ended 31 July 2022
1
Statutory information
Easy2PC Limited is a private company, limited by shares, registered in England and Wales, registration number 05706163. The registered office is UNIT 5, CUNLIFFE DRIVE, KETTERING, NORTHANTS, NN16 8LD, UNITED KINGDOM.
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.
3
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
- 5 -
Easy2PC Limited Notes to the Accounts for the year ended 31 July 2022
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 August 2021
13,177 
17,957 
2,036 
33,170 
Additions
- 
21,815 
2,676 
24,491 
At 31 July 2022
13,177 
39,772 
4,712 
57,661 
Depreciation
At 1 August 2021
11,666 
16,276 
1,852 
29,794 
Charge for the year
504 
5,875 
716 
7,095 
At 31 July 2022
12,170 
22,151 
2,568 
36,889 
Net book value
At 31 July 2022
1,007 
17,621 
2,144 
20,772 
At 31 July 2021
1,511 
1,681 
184 
3,376 
5
Investment property
2022 
£ 
Fair value at 1 August 2021
170,916 
At 31 July 2022
170,916 
6
Debtors: amounts falling due within one year
2022 
2021 
£ 
£ 
Other debtors
27,482 
27,482 
7
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Bank loans and overdrafts
6,000 
7,500 
VAT
640 
2,751 
Obligations under finance leases and hire purchase contracts
4,500 
- 
Taxes and social security
1,300 
4,332 
Other creditors
137,406 
135,566 
Loans from directors
10,808 
30,583 
Accruals
300 
300 
160,954 
181,032 
8
Creditors: amounts falling due after more than one year
2022 
2021 
£ 
£ 
Bank loans
11,500 
28,000 
Obligations under finance leases and hire purchase contracts
15,768 
- 
27,268 
28,000 
9
Average number of employees
During the year the average number of employees was 0 (2021: 0).
- 6 -