Company Registration No. 08915958 (England and Wales)
EFEDS SERVICES LIMITED
Unaudited accounts
for the year ended 28 February 2023
EFEDS SERVICES LIMITED
Unaudited accounts
Contents
EFEDS SERVICES LIMITED
Statement of financial position
as at 28 February 2023
Cash at bank and in hand
34,328
38,089
Creditors: amounts falling due within one year
-
(221)
Net current assets
34,328
37,868
Called up share capital
100
100
Profit and loss account
35,016
39,066
Shareholders' funds
35,116
39,166
For the year ending 28 February 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 her 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 24 November 2023 and were signed on its behalf by
Dr Bassey Efiom OKON
Director
Company Registration No. 08915958
EFEDS SERVICES LIMITED
Notes to the Accounts
for the year ended 28 February 2023
EFEDS SERVICES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08915958. The registered office is Sawkins Villa, Beehive Lane, Chelsford, Essex, CM2 9SG, 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:
Fixtures & fittings
8.8% on straight line depreciation
Computer equipment
25% on straight line depreciation
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 March 2022
2,385
1,576
3,961
At 28 February 2023
2,385
1,576
3,961
At 1 March 2022
2,269
394
2,663
Charge for the year
116
394
510
At 28 February 2023
2,385
788
3,173
At 28 February 2023
-
788
788
At 28 February 2022
116
1,182
1,298
5
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
-
221
EFEDS SERVICES LIMITED
Notes to the Accounts
for the year ended 28 February 2023
6
Average number of employees
During the year the average number of employees was 0 (2022: 0).