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REGISTERED NUMBER: 06506186 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2022

FOR

EARTH SYSTEMS LIMITED

EARTH SYSTEMS LIMITED (REGISTERED NUMBER: 06506186)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


EARTH SYSTEMS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2022







DIRECTORS: J J O'Rourke
Mrs M J O'Rourke





REGISTERED OFFICE: Aquis House
49-51 Blagrave Street
Reading
Berkshire
RG1 1PL





REGISTERED NUMBER: 06506186 (England and Wales)





ACCOUNTANTS: Crowe U.K. LLP
Aquis House
49-51 Blagrave Street
Reading
Berkshire
RG1 1PL

EARTH SYSTEMS LIMITED (REGISTERED NUMBER: 06506186)

BALANCE SHEET
31 DECEMBER 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 12,279 1,691

CURRENT ASSETS
Stocks 122,965 144,109
Debtors 5 18,354 28,528
Cash at bank 38,253 55,756
179,572 228,393
CREDITORS
Amounts falling due within one year 6 18,175 45,365
NET CURRENT ASSETS 161,397 183,028
TOTAL ASSETS LESS CURRENT
LIABILITIES

173,676

184,719

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 173,576 184,619
173,676 184,719

EARTH SYSTEMS LIMITED (REGISTERED NUMBER: 06506186)

BALANCE SHEET - continued
31 DECEMBER 2022


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 October 2023 and were signed on its behalf by:





J J O'Rourke - Director


EARTH SYSTEMS LIMITED (REGISTERED NUMBER: 06506186)

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


1. STATUTORY INFORMATION

Earth Systems 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.

Going concern
The financial statements of the company have been prepared on a going concern basis dependent of the continued support of its directors. They do not intend to withdraw their support within a period of at least 12 months from the date on which the balance sheet was signed.

Having regard to the above, the directors believe it appropriate to adopt the going concern basis of accounting in preparing the financial statements.

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 equipment - 20% on cost
Motor vehicles - 25% on cost

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 tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current 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.

Debtors
Short-term debtors are measured at transaction price, less any impairment.

Creditors
Short-term creditors are measured at the transaction price.

EARTH SYSTEMS LIMITED (REGISTERED NUMBER: 06506186)

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


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2021 - 2 ) .

4. TANGIBLE FIXED ASSETS
Office Motor
equipment vehicles Totals
£    £    £   
COST
At 1 January 2022 13,438 - 13,438
Additions - 15,000 15,000
At 31 December 2022 13,438 15,000 28,438
DEPRECIATION
At 1 January 2022 11,747 - 11,747
Charge for year 662 3,750 4,412
At 31 December 2022 12,409 3,750 16,159
NET BOOK VALUE
At 31 December 2022 1,029 11,250 12,279
At 31 December 2021 1,691 - 1,691

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade debtors 17,950 28,249
Bad debt provision (596 ) (721 )
Other debtors 1,000 1,000
18,354 28,528

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade creditors 10,636 8,077
VAT 866 2,099
Directors' current accounts 3 31,089
Accruals and deferred income 6,670 4,100
18,175 45,365