Electronic Technicians Holdings Limited 12166132 false 2022-07-01 2023-06-30 2023-06-30 The principal activity of the company is that of a holding company. Digita Accounts Production Advanced 6.30.9574.0 true false false 12166132 2022-07-01 2023-06-30 12166132 2023-06-30 12166132 core:RetainedEarningsAccumulatedLosses 2023-06-30 12166132 core:ShareCapital 2023-06-30 12166132 core:CurrentFinancialInstruments 2023-06-30 12166132 core:CurrentFinancialInstruments core:WithinOneYear 2023-06-30 12166132 core:Non-currentFinancialInstruments 2023-06-30 12166132 core:Non-currentFinancialInstruments core:AfterOneYear 2023-06-30 12166132 core:CostValuation 2023-06-30 12166132 core:ProvisionsForImpairmentInvestments 2023-06-30 12166132 bus:SmallEntities 2022-07-01 2023-06-30 12166132 bus:AuditExemptWithAccountantsReport 2022-07-01 2023-06-30 12166132 bus:FullAccounts 2022-07-01 2023-06-30 12166132 bus:SmallCompaniesRegimeForAccounts 2022-07-01 2023-06-30 12166132 bus:RegisteredOffice 2022-07-01 2023-06-30 12166132 bus:Director1 2022-07-01 2023-06-30 12166132 bus:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30 12166132 core:Subsidiary1 2022-07-01 2023-06-30 12166132 core:Subsidiary1 1 2022-07-01 2023-06-30 12166132 core:Subsidiary1 countries:UnitedKingdom 2022-07-01 2023-06-30 12166132 countries:UnitedKingdom 2022-07-01 2023-06-30 12166132 core:CostValuation 2022-06-30 12166132 core:ProvisionsForImpairmentInvestments 2022-06-30 12166132 2021-07-01 2022-06-30 12166132 2022-06-30 12166132 core:RetainedEarningsAccumulatedLosses 2022-06-30 12166132 core:ShareCapital 2022-06-30 12166132 core:CurrentFinancialInstruments 2022-06-30 12166132 core:CurrentFinancialInstruments core:WithinOneYear 2022-06-30 12166132 core:Non-currentFinancialInstruments 2022-06-30 12166132 core:Non-currentFinancialInstruments core:AfterOneYear 2022-06-30 12166132 core:Subsidiary1 1 2021-07-01 2022-06-30 iso4217:GBP xbrli:pure

Electronic Technicians Holdings Limited

Annual Report and Unaudited Financial Statements
Year Ended 30 June 2023

Registration number: 12166132

 

Electronic Technicians Holdings Limited

Contents

Balance Sheet

1 to 2

Notes to the Unaudited Financial Statements

3 to 6

 

Electronic Technicians Holdings Limited

Balance Sheet

30 June 2023

Note

2023
£

2022
£

Fixed assets

 

Investments

4

402,458

402,458

Current assets

 

Debtors

5

2

2

Creditors: Amounts falling due within one year

6

(119,360)

(100,360)

Net current liabilities

 

(119,358)

(100,358)

Total assets less current liabilities

 

283,100

302,100

Creditors: Amounts falling due after more than one year

6

-

(52,500)

Net assets

 

283,100

249,600

Capital and reserves

 

Called up share capital

100

100

Profit and loss account

283,000

249,500

Shareholders' funds

 

283,100

249,600

 

Electronic Technicians Holdings Limited

Balance Sheet

30 June 2023

For the financial year ending 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the Board on 1 November 2023 and signed on its behalf by:
 

.........................................
J Arnold
Director

Company Registration Number: 12166132

 

Electronic Technicians Holdings Limited

Notes to the Unaudited Financial Statements

Year Ended 30 June 2023

1

General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
41/43 Cobham Road
Ferndown Industrial Estate
Wimborne
Dorset
BH21 7QZ

These financial statements were authorised for issue by the Board on 1 November 2023.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are presented in Sterling (£) and rounded to the nearest pound.

Group accounts not prepared

The company heads a small group. The company has taken advantage of the exemption provided by Section 398 of the Companies Act 2006 and has not prepared group accounts.

Investments

Fixed asset investments are stated at historical cost less provision for any diminution in value.

 

Electronic Technicians Holdings Limited

Notes to the Unaudited Financial Statements

Year Ended 30 June 2023

Financial instruments

Classification
The company holds the following financial instruments:

• Short term trade and other debtors and creditors;
• Bank loans; and
• Cash and bank balances.

All financial instruments are classified as basic.

 Recognition and measurement
The company has chosen to apply the recognition and measurement principles in FRS102.

Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument and derecognised when in the case of assets, the contractual rights to cash flows from the assets expire or substantially all the risks and rewards of ownership are transferred to another party, or in the case of liabilities, when the company’s obligations are discharged, expire or are cancelled.

Except for bank loans, such instruments are initially measured at transaction price, including transaction costs, and are subsequently carried at the undiscounted amount of the cash or other consideration expected to be paid or received, after taking account of impairment adjustments.

Bank loans are initially measured at transaction price, including transaction costs, and are subsequently carried at amortised cost using the effective interest method.


 

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2022 - 0).

 

Electronic Technicians Holdings Limited

Notes to the Unaudited Financial Statements

Year Ended 30 June 2023

4

Investments

2023
£

2022
£

Investments in subsidiaries

402,458

402,458

Subsidiaries

£

Cost or valuation

At 1 July 2022

402,458

At 30 June 2023

402,458

Provision

At 1 July 2022

-

At 30 June 2023

-

Carrying amount

At 30 June 2023

402,458

At 30 June 2022

402,458

Details of undertakings

Details of the investments (including principal place of business of unincorporated entities) in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

Undertaking

Registered office

Holding

Proportion of voting rights and shares held

     

2023

2022

Subsidiary undertakings

Electronic Technicians Limited

41/43 Cobham Road, Ferndown Industrial Estate, Wimborne, Dorset, BH21 7QZ

United Kingdom

Ordinary

100%

100%

Subsidiary undertakings

Electronic Technicians Limited

The principal activity of Electronic Technicians Limited is the supply of electronic wiring and assembly services.

 

Electronic Technicians Holdings Limited

Notes to the Unaudited Financial Statements

Year Ended 30 June 2023

5

Debtors

2023
£

2022
£

Other debtors

2

2

2

2

6

Creditors

Creditors: amounts falling due within one year

Note

2023
£

2022
£

Due within one year

 

Loans and borrowings

7

52,500

90,000

Amounts owed to group undertakings

 

62,860

6,360

Other creditors

 

4,000

4,000

 

119,360

100,360

Creditors: amounts falling due after more than one year

Note

2023
£

2022
£

Due after one year

 

Loans and borrowings

7

-

52,500

7

Loans and borrowings

2023
£

2022
£

Loans and borrowings due after one year

Other borrowings

-

52,500

2023
£

2022
£

Current loans and borrowings

Other borrowings

52,500

90,000