2022-09-01 02527103 2023-08-31 02527103 2022-09-01 2023-08-31 02527103 2022-08-31 02527103 2021-09-01 2022-08-31 02527103 uk-core:WithinOneYear 2022-08-31 02527103 uk-core:WithinOneYear 2023-08-31 02527103 uk-core:AfterOneYear 2022-08-31 02527103 uk-core:AfterOneYear 2023-08-31 02527103 uk-core:ShareCapital 2023-08-31 02527103 uk-core:ShareCapital 2022-08-31 02527103 uk-core:RetainedEarningsAccumulatedLosses 2023-08-31 02527103 uk-core:RetainedEarningsAccumulatedLosses 2022-08-31 02527103 uk-bus:Director1 2022-09-01 2023-08-31 02527103 uk-core:PlantMachinery 2022-09-01 2023-08-31 02527103 uk-core:ToolsEquipment 2022-09-01 2023-08-31 02527103 uk-core:CommercialMotorVehicles 2022-09-01 2023-08-31 02527103 uk-core:FurnitureFittings 2022-09-01 2023-08-31 02527103 uk-core:ToolsEquipment 2022-08-31 02527103 uk-core:FurnitureFittings 2022-08-31 02527103 uk-core:CommercialMotorVehicles 2022-08-31 02527103 uk-core:PlantMachinery 2022-08-31 02527103 uk-core:CommercialMotorVehicles 2023-08-31 02527103 uk-core:FurnitureFittings 2023-08-31 02527103 uk-core:ToolsEquipment 2023-08-31 02527103 uk-core:PlantMachinery 2023-08-31 iso4217:GBP xbrli:pure 02527103 uk-bus:AuditExemptWithAccountantsReport 2022-09-01 2023-08-31 02527103 uk-bus:FRS102 2022-09-01 2023-08-31 02527103 uk-bus:FullAccounts 2022-09-01 2023-08-31 02527103 uk-bus:PrivateLimitedCompanyLtd 2022-09-01 2023-08-31
Draft
Earthing Equipment Supplies (Southern) Ltd
Registered Number:02527103
For the year ended 31 August 2023
England and Wales
Unaudited Financial Statements
2
Draft
For the year ended 31 August 2023
Earthing Equipment Supplies (Southern) Ltd
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
3
Draft
Registered Number :
02527103
As at 31 August 2023
Earthing Equipment Supplies (Southern) Ltd
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
13,259
18,250
2
13,259
18,250
Current assets
Inventories
26,412
26,412
3
Trade and other receivables
50,700
60,670
4
25,541
Cash and cash equivalents
79,793
166,875
102,653
Trade and other payables: amounts falling due within one
year
(41,698)
(66,250)
5
60,955
100,625
Net current assets
Total assets less current liabilities
113,884
79,205
Trade and other payables: amounts falling due after more
than one year
(5,262)
-
6
(2,519)
(3,468)
Provisions for liabilities
111,365
Net assets
70,475
Capital and reserves
Called up share capital
100
100
Retained earnings
111,265
70,375
111,365
70,475
Shareholders' funds
For the year ended 31 August 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 of its financial statements for the year ended 31 August 2023 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
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Draft
Registered Number :
02527103
For the year ended 31 August 2023
Earthing Equipment Supplies (Southern) Ltd
Statement of Financial Position Continued
Michael Dicker Director
These financial statements were approved and authorised for issue by the Board on 02 February 2024 and were signed by:
The notes form part of these financial statements
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5
Draft
For the year ended 31 August 2023
Earthing Equipment Supplies (Southern) Ltd
Notes to the Financial Statements
Statutory Information
Earthing Equipment Supplies (Southern) Ltd is a private limited company, limited by shares, domiciled in England and
Wales, registration number 02527103.
Registered address:
Lavender House
Church Lane
Arborfield
Berkshire
RG2 9JA
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and machinery
10 Year Straight line
5 Year Straight line
Computer equipment
25% Reducing balance
Motor vehicles
10 Year Straight line
Fixtures and fittings
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term. The finance element of the rental payment is charged to the profit and loss account on a straight line basis.
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Draft
For the year ended 31 August 2023
Earthing Equipment Supplies (Southern) Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
equipment
Fixtures and
fittings
Motor vehicles
Plant and
machinery
£
£
£
£
£
Cost or
valuation
At 01 September 2022
95,798
455
239
90,125
4,979
28,990
-
-
28,990
-
Additions
(229)
-
(44,240)
-
Disposals
(44,469)
At 31 August 2023
74,875
239
226
80,319
4,979
Provision for depreciation and impairment
At 01 September 2022
77,548
319
92
75,007
2,130
Charge for year
4,132
45
24
3,565
498
(14,620)
(228)
-
(14,392)
-
On disposal
At 31 August 2023
67,060
136
116
64,180
2,628
At 31 August 2023
Net book value
2,351
10,695
123
90
13,259
At 31 August 2022
2,849
15,118
147
136
18,250
3. Inventories
2022
2023
£
£
Stocks
26,412
26,412
4. Trade and other receivables
2022
2023
£
£
Trade debtors
56,363
45,222
Other debtors
4,307
5,478
50,700
60,670
5. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Trade creditors
16,070
16,231
Taxation and social security
42,045
17,436
Other creditors
8,135
8,031
66,250
41,698
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Draft
For the year ended 31 August 2023
Earthing Equipment Supplies (Southern) Ltd
Notes to the Financial Statements Continued
6. Trade and other payables: amounts falling due after more than one year
2022
2023
£
£
Other creditors
-
5,262
7. Guarantees and other financial commitments
8. Average number of persons employed
During the year the average number of employees was 7 (2022 : 6)
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