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Company Registration No. 10775885 (England and Wales)
Eye for Detail Limited Unaudited accounts for the year ended 31 May 2023
Eye for Detail Limited Unaudited accounts Contents
Page
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Eye for Detail Limited Statement of financial position as at 31 May 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
330 
- 
Current assets
Debtors
142,816 
138,344 
Cash at bank and in hand
87,851 
50,856 
230,667 
189,200 
Creditors: amounts falling due within one year
(210,043)
(152,870)
Net current assets
20,624 
36,330 
Total assets less current liabilities
20,954 
36,330 
Creditors: amounts falling due after more than one year
(12,500)
(18,500)
Net assets
8,454 
17,830 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
8,354 
17,730 
Shareholders' funds
8,454 
17,830 
For the year ending 31 May 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 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 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 of Directors and authorised for issue on 30 November 2023 and were signed on its behalf by
C J Bambury Director Company Registration No. 10775885
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Eye for Detail Limited Notes to the Accounts for the year ended 31 May 2023
1
Statutory information
Eye for Detail Limited is a private company, limited by shares, registered in England and Wales, registration number 10775885. The registered office is 6 Furze Glade, Langdon Hills, Basildon, Essex, SS16 6AW.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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 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:
Plant & machinery
20% Reducing balance
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 June 2022
1,261 
Additions
413 
At 31 May 2023
1,674 
Depreciation
At 1 June 2022
1,261 
Charge for the year
83 
At 31 May 2023
1,344 
Net book value
At 31 May 2023
330 
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Eye for Detail Limited Notes to the Accounts for the year ended 31 May 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
53,786 
72,377 
Other debtors
89,030 
65,967 
142,816 
138,344 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
6,000 
6,000 
Trade creditors
16,521 
8,875 
Taxes and social security
44,100 
37,480 
Other creditors
2,185 
132 
Loans from directors
51,213 
42,513 
Accruals
90,024 
57,870 
210,043 
152,870 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
12,500 
18,500 
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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