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Company Registration No. 05407590 (England and Wales)
East-West Debt Limited Unaudited accounts for the year ended 31 May 2023
East-West Debt Limited Unaudited accounts Contents
Page
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East-West Debt Limited Company Information for the year ended 31 May 2023
Director
Joris Theodorus Maria Van Dijk
Company Number
05407590 (England and Wales)
Registered Office
7 Salon Way Huntingdon PE29 6UG England
Accountants
Richard Kenny Ltd 7 Salon Way Huntingdon Cambs PE29 6UG
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East-West Debt Limited Statement of financial position as at 31 May 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Cash at bank and in hand
- 
324,868 
Creditors: amounts falling due within one year
- 
1,055 
Net current assets
- 
325,923 
Total assets less current liabilities
- 
325,923 
Creditors: amounts falling due after more than one year
- 
(25,247)
Net assets
- 
300,676 
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
(1,000)
299,676 
Shareholders' funds
- 
300,676 
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 director acknowledges his 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 and authorised for issue on 21 February 2024 and were signed on its behalf by
Joris Theodorus Maria Van Dijk Director Company Registration No. 05407590
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East-West Debt Limited Notes to the Accounts for the year ended 31 May 2023
1
Statutory information
East-West Debt Limited is a private company, limited by shares, registered in England and Wales, registration number 05407590. The registered office is 7 Salon Way, Huntingdon, PE29 6UG, England.
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.
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:
Computer equipment
25% Reducing Balance
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 June 2022
2,820 
Disposals
(2,820)
At 31 May 2023
- 
Depreciation
At 1 June 2022
2,820 
On disposals
(2,820)
At 31 May 2023
- 
Net book value
At 31 May 2023
- 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
- 
776 
Taxes and social security
- 
(1,831)
- 
(1,055)
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East-West Debt Limited Notes to the Accounts for the year ended 31 May 2023
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Loans from directors
- 
25,247 
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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