Company Registration No. 12975449 (England and Wales)
Engtech Solutions Ltd
Unaudited accounts
for the year ended 31 October 2023
Engtech Solutions Ltd
Unaudited accounts
Contents
Engtech Solutions Ltd
Company Information
for the year ended 31 October 2023
Company Number
12975449 (England and Wales)
Registered Office
11 TREVANCE PARK
TYWARDREATH
PAR
CORNWALL
PL24 2PY
UNITED KINGDOM
Accountants
Chynance Accountancy Services Ltd
2 King Mark House
Stret Constantine
Newquay
Cornwall
TR7 1GF
Engtech Solutions Ltd
Statement of financial position
as at 31 October 2023
Tangible assets
11,513
5,732
Cash at bank and in hand
11,739
971
Creditors: amounts falling due within one year
(3,562)
(369)
Net current assets
14,983
602
Total assets less current liabilities
26,496
6,334
Creditors: amounts falling due after more than one year
(4,360)
(10,242)
Net assets/(liabilities)
22,136
(3,908)
Called up share capital
1
1
Profit and loss account
22,135
(3,909)
Shareholders' funds
22,136
(3,908)
For the year ending 31 October 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 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 30 November 2023 and were signed on its behalf by
John Boulton
Director
Company Registration No. 12975449
Engtech Solutions Ltd
Notes to the Accounts
for the year ended 31 October 2023
Engtech Solutions Ltd is a private company, limited by shares, registered in England and Wales, registration number 12975449. The registered office is 11 TREVANCE PARK, TYWARDREATH, PAR, CORNWALL, PL24 2PY, UNITED KINGDOM.
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
25% Reducing balance
Computer equipment
25% Reducing balance
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 November 2022
8,500
1,691
10,191
Disposals
(8,500)
-
(8,500)
At 31 October 2023
14,400
1,691
16,091
At 1 November 2022
3,719
740
4,459
Charge for the year
3,600
238
3,838
On disposals
(3,719)
-
(3,719)
At 31 October 2023
3,600
978
4,578
At 31 October 2023
10,800
713
11,513
At 31 October 2022
4,781
951
5,732
Engtech Solutions Ltd
Notes to the Accounts
for the year ended 31 October 2023
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
2,968
-
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
3,248
-
Loans from directors
1,112
10,242
8
Average number of employees
During the year the average number of employees was 1 (2022: 0).