ELECTRONIC ALARMS LTD
Statement of financial position
as at 30 September 2022
Tangible assets
17,081
21,352
Cash at bank and in hand
2,807
915
Creditors: amounts falling due within one year
(32,940)
(67,252)
Net current assets
32,024
23,178
Total assets less current liabilities
49,105
44,530
Creditors: amounts falling due after more than one year
(25,389)
(34,140)
Called up share capital
10
10
Profit and loss account
23,706
10,380
Shareholders' funds
23,716
10,390
For the year ending 30 September 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 1 September 2023 and were signed on its behalf by
Khawar Sultan
Director
Company Registration No. 08711409
ELECTRONIC ALARMS LTD
Notes to the Accounts
for the year ended 30 September 2022
ELECTRONIC ALARMS LTD is a private company, limited by shares, registered in England and Wales, registration number 08711409. The registered office is 522 Hyde Road, Manchester, M18 7AA.
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:
Motor vehicles
20% on straight line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 October 2021
121,220
21,665
142,885
At 30 September 2022
121,220
21,665
142,885
At 1 October 2021
105,687
15,846
121,533
Charge for the year
3,107
1,164
4,271
At 30 September 2022
108,794
17,010
125,804
At 30 September 2022
12,426
4,655
17,081
At 30 September 2021
15,533
5,819
21,352
Amounts falling due within one year
Trade debtors
49,657
78,015
ELECTRONIC ALARMS LTD
Notes to the Accounts
for the year ended 30 September 2022
6
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
8,830
5,773
Trade creditors
12,243
18,522
Taxes and social security
3,137
7,585
Loans from directors
-
32,161
7
Creditors: amounts falling due after more than one year
2022
2021
8
Average number of employees
During the year the average number of employees was 4 (2021: 4).