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REGISTERED NUMBER: 03782326 (England and Wales)













FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2022

FOR

ELECTROMATIC TELE-LINK LIMITED

ELECTROMATIC TELE-LINK LIMITED (REGISTERED NUMBER: 03782326)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


ELECTROMATIC TELE-LINK LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2022







DIRECTORS: M Roesaas
M S Goddard
E C Parker F.C.C.A.





SECRETARY: E C Parker F.C.C.A.





REGISTERED OFFICE: 3 Dawn Close
Chandlers Quay
Maldon
Essex
CM9 5LB





REGISTERED NUMBER: 03782326 (England and Wales)





ACCOUNTANTS: Connah Goldsworthy
Chartered Certified Accountants
12 Station Court
Station Approach
Wickford
Essex
SS11 7AT

ELECTROMATIC TELE-LINK LIMITED (REGISTERED NUMBER: 03782326)

BALANCE SHEET
31 DECEMBER 2022

31.12.22 31.12.21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 749 454

CURRENT ASSETS
Stocks 5 15,695 23,678
Debtors 6 110,639 132,206
Cash at bank 27,659 34,274
153,993 190,158
CREDITORS
Amounts falling due within one year 7 48,581 73,064
NET CURRENT ASSETS 105,412 117,094
TOTAL ASSETS LESS CURRENT
LIABILITIES

106,161

117,548

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 106,061 117,448
SHAREHOLDERS' FUNDS 106,161 117,548

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 29 September 2023 and were signed on its behalf by:





E C Parker F.C.C.A. - Director


ELECTROMATIC TELE-LINK LIMITED (REGISTERED NUMBER: 03782326)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

1. STATUTORY INFORMATION

Electromatic Tele-Link 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Office & computer equip - 25% 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.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

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

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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.

Bank factored debtors
Factored debt in which full recourse lies with the lender is recognised as a liability and included in Creditors: amounts falling due within one year while the related receivables continue to be reported separately in trade debtors until the related account balances are collected.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2021 - 3 ) .

ELECTROMATIC TELE-LINK LIMITED (REGISTERED NUMBER: 03782326)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2022

4. TANGIBLE FIXED ASSETS
Office &
computer
equip
£   
COST
At 1 January 2022 12,988
Additions 697
At 31 December 2022 13,685
DEPRECIATION
At 1 January 2022 12,534
Charge for year 402
At 31 December 2022 12,936
NET BOOK VALUE
At 31 December 2022 749
At 31 December 2021 454

5. STOCKS
31.12.22 31.12.21
£    £   
Stocks 15,695 23,678

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.22 31.12.21
£    £   
Trade debtors 51,563 53,306
Other debtors 59,076 78,900
110,639 132,206

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.22 31.12.21
£    £   
Trade creditors 19,861 20,953
Taxation and social security 27,132 46,827
Other creditors 1,588 5,284
48,581 73,064

8. ULTIMATE CONTROLLING PARTY

The controlling party is M S Goddard.

The ultimate controlling party is M S Goddard.