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REGISTERED NUMBER: 05747883 (England and Wales)















Abridged Financial Statements for the Year Ended 31 March 2023

for

E R SYSTEM DESIGN LIMITED

E R SYSTEM DESIGN LIMITED (REGISTERED NUMBER: 05747883)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


E R SYSTEM DESIGN LIMITED

Company Information
for the Year Ended 31 March 2023







DIRECTOR: ER Rayner





REGISTERED OFFICE: Galleon's Reach
Boughspring
Chepstow
Blaenau Gwent
NP16 7JJ





REGISTERED NUMBER: 05747883 (England and Wales)





ACCOUNTANTS: West Country Accounting Services Limited
Chartered Accountants
BS15 1NT

E R SYSTEM DESIGN LIMITED (REGISTERED NUMBER: 05747883)

Abridged Balance Sheet
31 March 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 30,000 30,000
Tangible assets 5 21,753 25,592
51,753 55,592

CURRENT ASSETS
Debtors 10,552 13,605
Cash at bank 9,142 16,468
19,694 30,073
CREDITORS
Amounts falling due within one year 31,798 36,635
NET CURRENT LIABILITIES (12,104 ) (6,562 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

39,649

49,030

PROVISIONS FOR LIABILITIES 4,133 4,862
NET ASSETS 35,516 44,168

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 6 35,416 44,068
SHAREHOLDERS' FUNDS 35,516 44,168

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

E R SYSTEM DESIGN LIMITED (REGISTERED NUMBER: 05747883)

Abridged Balance Sheet - continued
31 March 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 March 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 31 July 2023 and were signed by:





ER Rayner - Director


E R SYSTEM DESIGN LIMITED (REGISTERED NUMBER: 05747883)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

E R SYSTEM DESIGN LIMITED is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance
Computer equipment - 15% on reducing balance

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2022
and 31 March 2023 30,000
NET BOOK VALUE

At 31 March 2023 30,000
At 31 March 2022 30,000

E R SYSTEM DESIGN LIMITED (REGISTERED NUMBER: 05747883)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2022
and 31 March 2023 64,177
DEPRECIATION
At 1 April 2022 38,585
Charge for year 3,839
At 31 March 2023 42,424
NET BOOK VALUE
At 31 March 2023 21,753
At 31 March 2022 25,592

6. RESERVES
Retained
earnings
£   

At 1 April 2022 44,068
Profit for the year 33,068
Dividends (41,720 )
At 31 March 2023 35,416