Silverfin false false 30/06/2023 01/07/2022 30/06/2023 Mrs C T Bowcott 31/03/2016 Mr E C Bowcott 24/06/2014 13 March 2024 The principal activity of the company during the financial year was the provision of storage facilities and the management and supervision of such facilities. 09100591 2023-06-30 09100591 bus:Director1 2023-06-30 09100591 bus:Director2 2023-06-30 09100591 2022-06-30 09100591 core:CurrentFinancialInstruments 2023-06-30 09100591 core:CurrentFinancialInstruments 2022-06-30 09100591 core:ShareCapital 2023-06-30 09100591 core:ShareCapital 2022-06-30 09100591 core:RetainedEarningsAccumulatedLosses 2023-06-30 09100591 core:RetainedEarningsAccumulatedLosses 2022-06-30 09100591 core:OtherPropertyPlantEquipment 2022-06-30 09100591 core:OtherPropertyPlantEquipment 2023-06-30 09100591 bus:OrdinaryShareClass1 2023-06-30 09100591 2022-07-01 2023-06-30 09100591 bus:FilletedAccounts 2022-07-01 2023-06-30 09100591 bus:SmallEntities 2022-07-01 2023-06-30 09100591 bus:AuditExemptWithAccountantsReport 2022-07-01 2023-06-30 09100591 bus:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30 09100591 bus:Director1 2022-07-01 2023-06-30 09100591 bus:Director2 2022-07-01 2023-06-30 09100591 core:OtherPropertyPlantEquipment 2022-07-01 2023-06-30 09100591 2021-07-01 2022-06-30 09100591 bus:OrdinaryShareClass1 2022-07-01 2023-06-30 09100591 bus:OrdinaryShareClass1 2021-07-01 2022-06-30 iso4217:GBP xbrli:pure xbrli:shares

Company No: 09100591 (England and Wales)

21E LIMITED

Unaudited Financial Statements
For the financial year ended 30 June 2023
Pages for filing with the registrar

21E LIMITED

Unaudited Financial Statements

For the financial year ended 30 June 2023

Contents

21E LIMITED

COMPANY INFORMATION

For the financial year ended 30 June 2023
21E LIMITED

COMPANY INFORMATION (continued)

For the financial year ended 30 June 2023
DIRECTORS Mrs C T Bowcott
Mr E C Bowcott
REGISTERED OFFICE Sigma House Oak View Close
Edginswell Park
Torquay
TQ2 7FF
United Kingdom
COMPANY NUMBER 09100591 (England and Wales)
CHARTERED ACCOUNTANTS Francis Clark LLP
Sigma House
Oak View Close
Edginswell Park
Torquay
TQ2 7FF
21E LIMITED

BALANCE SHEET

As at 30 June 2023
21E LIMITED

BALANCE SHEET (continued)

As at 30 June 2023
Note 2023 2022
£ £
Fixed assets
Tangible assets 3 1,224 1,632
1,224 1,632
Current assets
Debtors 4 18,562 10,423
Cash at bank and in hand 17,553 12,733
36,115 23,156
Creditors: amounts falling due within one year 5 ( 17,854) ( 16,444)
Net current assets 18,261 6,712
Total assets less current liabilities 19,485 8,344
Net assets 19,485 8,344
Capital and reserves
Called-up share capital 6 100 100
Profit and loss account 19,385 8,244
Total shareholders' funds 19,485 8,344

For the financial year ending 30 June 2023 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of 21E Limited (registered number: 09100591) were approved and authorised for issue by the Board of Directors on 13 March 2024. They were signed on its behalf by:

Mr E C Bowcott
Director
21E LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 June 2023
21E LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 June 2023
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

21E Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Sigma House, Oak View Close, Edginswell Park, Torquay, TQ2 7FF.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Revenue from services is recognised as they are delivered.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a reducing balance basis over its expected useful life, as follows:

Plant and machinery etc. 25 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

2. Employees

2023 2022
Number Number
Monthly average number of persons employed by the Company during the year, including directors 2 2

3. Tangible assets

Plant and machinery etc. Total
£ £
Cost
At 01 July 2022 5,219 5,219
At 30 June 2023 5,219 5,219
Accumulated depreciation
At 01 July 2022 3,587 3,587
Charge for the financial year 408 408
At 30 June 2023 3,995 3,995
Net book value
At 30 June 2023 1,224 1,224
At 30 June 2022 1,632 1,632

4. Debtors

2023 2022
£ £
Trade debtors 5,959 5,988
Other debtors 12,603 4,435
18,562 10,423

5. Creditors: amounts falling due within one year

2023 2022
£ £
Corporation tax 4,949 2,692
Other creditors 12,905 13,752
17,854 16,444

6. Called-up share capital

2023 2022
£ £
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each 100 100