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
Eye for Detail Limited
Statement of financial position
as at 31 May 2023
Cash at bank and in hand
87,851
50,856
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)
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
Eye for Detail Limited
Notes to the Accounts
for the year ended 31 May 2023
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.
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.
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
Eye for Detail Limited
Notes to the Accounts
for the year ended 31 May 2023
Amounts falling due within one year
Trade debtors
53,786
72,377
Other debtors
89,030
65,967
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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
Loans from directors
51,213
42,513
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Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).