2022-07-01 04459937 2023-06-30 04459937 2022-07-01 2023-06-30 04459937 2022-06-30 04459937 2021-07-01 2022-06-30 04459937 uk-core:WithinOneYear 2022-06-30 04459937 uk-core:WithinOneYear 2023-06-30 04459937 uk-core:ShareCapital 2023-06-30 04459937 uk-core:ShareCapital 2022-06-30 04459937 uk-core:RetainedEarningsAccumulatedLosses 2023-06-30 04459937 uk-core:RetainedEarningsAccumulatedLosses 2022-06-30 04459937 uk-bus:Director1 2022-07-01 2023-06-30 04459937 uk-core:PlantMachinery 2022-07-01 2023-06-30 04459937 uk-core:ToolsEquipment 2022-07-01 2023-06-30 04459937 uk-core:FurnitureFittingsToolsEquipment 2022-07-01 2023-06-30 04459937 uk-core:ToolsEquipment 2022-06-30 04459937 uk-core:FurnitureFittingsToolsEquipment 2022-06-30 04459937 uk-core:PlantMachinery 2022-06-30 04459937 uk-core:PlantMachinery 2023-06-30 04459937 uk-core:FurnitureFittingsToolsEquipment 2023-06-30 04459937 uk-core:ToolsEquipment 2023-06-30 04459937 uk-core:WithinOneYear 2023-06-30 04459937 uk-core:WithinOneYear 2022-06-30 iso4217:GBP xbrli:pure 04459937 uk-bus:AuditExemptWithAccountantsReport 2022-07-01 2023-06-30 04459937 uk-bus:FRS102 2022-07-01 2023-06-30 04459937 uk-bus:FullAccounts 2022-07-01 2023-06-30 04459937 uk-bus:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30
E. ILAN LIMITED
Registered Number:04459937
For the year ended 30 June 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 30 June 2023
E. ILAN LIMITED
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
04459937
As at 30 June 2023
E. ILAN LIMITED
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
11,684
6,198
2
11,684
6,198
Current assets
Inventories
342,000
296,500
3
Trade and other receivables
17,571
4,634
4
180,409
Cash and cash equivalents
207,706
508,840
539,980
Trade and other payables: amounts falling due within one
year
(268,470)
(195,987)
5
271,510
312,853
Net current assets
Total assets less current liabilities
324,537
277,708
324,537
Net assets
277,708
Capital and reserves
Called up share capital
100
100
Retained earnings
324,437
277,608
324,537
277,708
Shareholders' funds
For the year ended 30 June 2023 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 of its financial statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
DAVID ILAN Director
These financial statements were approved and authorised for issue by the Board on 13 October 2023 and were signed by:
The notes form part of these financial statements
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4
For the year ended 30 June 2023
E. ILAN LIMITED
Notes to the Financial Statements
Statutory Information
E. ILAN LIMITED is a private limited company, limited by shares, domiciled in England and Wales, registration number
04459937.
Principal place of business:
498 ROMAN ROAD
LONDON
UK
E3 5LU
Registered address:
Unit 9, 98-101 Peregrine Road
Ilford
Essex
IG6 3XH
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and machinery
15% Reducing balance
15% Reducing balance
Computer equipment
15% Reducing balance
Fixtures and fittings
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
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5
For the year ended 30 June 2023
E. ILAN LIMITED
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
equipment
Fixtures and
fittings
Plant and
machinery
£
£
£
£
Cost or
valuation
At 01 July 2022
27,066
10,901
16,165
-
7,548
-
3,207
4,341
Additions
At 30 June 2023
4,341
19,372
10,901
34,614
Provision for depreciation and impairment
At 01 July 2022
20,868
6,416
14,452
-
Charge for year
2,062
673
738
651
At 30 June 2023
22,930
7,089
15,190
651
At 30 June 2023
Net book value
3,690
4,182
3,812
11,684
At 30 June 2022
-
1,713
4,485
6,198
3. Inventories
2022
2023
£
£
Stocks
296,500
342,000
4. Trade and other receivables
2022
2023
£
£
Trade debtors
1,836
379
Other debtors
2,798
17,192
17,571
4,634
5. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Bank loans and overdraft
5,137
4,355
Trade creditors
23,652
33,217
Taxation and social security
9,680
12,048
Other creditors
157,518
218,850
195,987
268,470
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6
For the year ended 30 June 2023
E. ILAN LIMITED
Notes to the Financial Statements Continued
6. Average number of persons employed
During the year the average number of employees was 0 (2022 : 2)
4 of 4