E F Solutions (North) Ltd |
Registered Number:10857132 |
For the year ended 31 July 2023
England and Wales
Unaudited Financial Statements
For the year ended 31 July 2023
E F Solutions (North) Ltd
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
E F Solutions (North) Ltd
Statement of Financial Position
2022
2023
Property, plant and equipment |
1,766
1,133
2
1,766
1,133
Trade and other receivables |
164
137
3
83,937
Cash and cash equivalents |
68,309
68,446
84,101
Trade and other payables: amounts falling due within one |
year |
(32,271)
(17,684)
4
51,830
50,762
Net current assets
Total assets less current liabilities |
52,528
52,963
(442)
(215)
Provisions for liabilities |
52,086
Net assets
52,748
2
2
52,084
52,746
52,086
52,748
Shareholders' funds
For the year ended 31 July 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 July 2023 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his 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. |
These financial statements were approved and authorised for issue by the Board on 03 April 2024 and were signed by: |
The notes form part of these financial statements |
1 of 4
For the year ended 31 July 2023
E F Solutions (North) Ltd
Notes to the Financial Statements
Statutory Information
E F Solutions (North) Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration |
number 10857132. |
The Oast, Emr Centre
New Road
East Malling
Kent
ME19 6BJ
The presentation currency is £ sterling. |
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. The |
principal accounting policies adopted are set out below. |
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for services provided.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and anyprovision 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: |
Computer Equipment
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 paid under operating leases are charged to profit or loss on a straightline basis over the period of the lease.
2 of 4
For the year ended 31 July 2023
E F Solutions (North) Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment |
4,984
2,357
(699)
6,642
Provision for depreciation and impairment |
3,851
Charge for year
1,025
4,876
1,766
1,133
3. Trade and other receivables |
2022
2023
137
164
4. Trade and other payables: amounts falling due within one year |
2022
2023
Taxation and social security |
16,118
21,687
1,566
10,584
17,684
32,271
5. Guarantees and other financial commitments |
At 31 July 2023 the company had annual commitments under non-cancellable operating leases as set out below: |
2022
2023
Operating leases which expire: |
4,461
1,551
-
6,692
11,153
1,551
3 of 4
For the year ended 31 July 2023
E F Solutions (North) Ltd
Notes to the Financial Statements Continued
6. Average number of persons employed |
During the year the average number of employees was 2 (2022 : 2)
4 of 4