ELECSOT LTD

Company Registration Number:
06074863 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2023

Period of accounts

Start date: 01 April 2022

End date: 31 March 2023

ELECSOT LTD

Contents of the Financial Statements

for the Period Ended 31 March 2023

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 10

ELECSOT LTD

Company Information

for the Period Ended 31 March 2023




Director: Sotir Tanev
Registered office: 18
Rochford Way
Croydon
CR0 3AD
Company Registration Number: 06074863 (England and Wales)

ELECSOT LTD

Balance sheet

As at 31 March 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 5 24,376
Total fixed assets: 24,376
Current assets
Debtors: 6 2,716 4,449
Cash at bank and in hand: 35,661 19,604
Total current assets: 38,377 24,053
Creditors: amounts falling due within one year: 7 ( 45,346 ) ( 2,657 )
Net current assets (liabilities): ( 6,969 ) 21,396
Total assets less current liabilities: 17,407 21,396
Creditors: amounts falling due after more than one year: 8 ( 9,676 ) ( 12,870 )
Total net assets (liabilities): 7,731 8,526

The notes form part of these financial statements

ELECSOT LTD

Balance sheet continued

As at 31 March 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 10 10
Profit and loss account: 7,721 8,516
Shareholders funds: 7,731 8,526

For the year ending 31 March 2023 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 8 November 2023
And Signed On Behalf Of The Board By:

Name: Sotir Tanev
Status: Director

The notes form part of these financial statements

ELECSOT LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

ELECSOT LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 2 2

ELECSOT LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 3. Off balance sheet disclosure

    No

ELECSOT LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Dividends


2023
£

2022
£
Dividends paid 6,000 4,700

ELECSOT LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

5. Tangible assets

Plant & machinery Total
Cost £ £
At 01 April 2022 - -
Additions 40,626 40,626
Disposals - -
Revaluations - -
Transfers - -
At 31 March 2023 40,626 40,626
Depreciation
At 01 April 2022 - -
Charge for year 16,250 16,250
On disposals - -
Other adjustments - -
At 31 March 2023 16,250 16,250
Net book value
At 31 March 2023 24,376 24,376
At 31 March 2022 - -

ELECSOT LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

6. Debtors


2023
£

2022
£
Trade debtors 2,716 4,449
Total 2,716 4,449

ELECSOT LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

7.Creditors: amounts falling due within one year note


2023
£

2022
£
Trade creditors 18,567
Taxation and social security 4,016 2,194
Accruals and deferred income 783 463
Other creditors 21,980
Total 45,346 2,657

ELECSOT LTD

Notes to the Financial Statements

for the Period Ended 31 March 2023

8.Creditors: amounts falling due after more than one year


2023
£

2022
£
Bank loans and overdrafts 9,676 12,870
Total 9,676 12,870