EZPCTV Ltd 13112784 false 2023-02-01 2024-01-31 2024-01-31 The principal activity of the company is that of being television engineers. Digita Accounts Production Advanced 6.30.9574.0 Software true 13112784 2023-02-01 2024-01-31 13112784 2024-01-31 13112784 core:RetainedEarningsAccumulatedLosses 2024-01-31 13112784 core:ShareCapital 2024-01-31 13112784 core:CurrentFinancialInstruments core:WithinOneYear 2024-01-31 13112784 core:OfficeEquipment 2024-01-31 13112784 bus:SmallEntities 2023-02-01 2024-01-31 13112784 bus:AuditExemptWithAccountantsReport 2023-02-01 2024-01-31 13112784 bus:FullAccounts 2023-02-01 2024-01-31 13112784 bus:RegisteredOffice 2023-02-01 2024-01-31 13112784 bus:Director1 2023-02-01 2024-01-31 13112784 bus:Director2 2023-02-01 2024-01-31 13112784 bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 13112784 bus:Agent1 2023-02-01 2024-01-31 13112784 core:OfficeEquipment 2023-02-01 2024-01-31 13112784 countries:AllCountries 2023-02-01 2024-01-31 13112784 2023-01-31 13112784 core:OfficeEquipment 2023-01-31 13112784 2022-02-01 2023-01-31 13112784 2023-01-31 13112784 core:RetainedEarningsAccumulatedLosses 2023-01-31 13112784 core:ShareCapital 2023-01-31 13112784 core:CurrentFinancialInstruments core:WithinOneYear 2023-01-31 13112784 core:OfficeEquipment 2023-01-31 iso4217:GBP xbrli:pure

Registration number: 13112784

EZPCTV Ltd

Annual Report and

Unaudited Financial Statements


for the Year Ended 31 January 2024

 

EZPCTV Ltd

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Financial Statements

4 to 6

 

EZPCTV Ltd

Company Information

Directors

Mr N J Hattingh

Mrs J D Hattingh

Registered office

The Mill
Tregoyd Mill
Three Cocks
Brecon
Powys
LD3 0SW

 

Bankers

Starling Bank
3rd Floor
2 Finsbury Avenue
London
EC2M 2PP

Accountants

W J James & Co
Chartered Accountants
Bishop House
10 Wheat Street
Brecon
Powys
LD3 7DG

 

EZPCTV Ltd

(Registration number: 13112784)

Balance Sheet
as at 31 January 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

316

422

Current assets

 

Debtors

-

400

Cash at bank and in hand

 

15,759

29,548

 

15,759

29,948

Creditors: Amounts falling due within one year

5

(6,022)

(7,624)

Net current assets

 

9,737

22,324

Net assets

 

10,053

22,746

Capital and reserves

 

Called up share capital

1

1

Profit and loss account

10,052

22,745

Total equity

 

10,053

22,746

For the financial year ending 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

The profit and loss account and directors' report have not been delivered to the Registrar of Companies in accordance with the special provisions applicable to companies subject to the small companies regime.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

 

EZPCTV Ltd

(Registration number: 13112784)

Balance Sheet
as at 31 January 2024

Approved and authorised by the Board on 8 March 2024 and signed on its behalf by:
 

.........................................

Mr N J Hattingh

Director

 

EZPCTV Ltd

Notes to the Financial Statements
for the Year Ended 31 January 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
The Mill
Tregoyd Mill
Three Cocks
Brecon
Powys
LD3 0SW

These financial statements were authorised for issue by the Board on 8 March 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are presented in sterling, which is the functional currency of the company, and rounded up to the nearest £1.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of services in the ordinary course of the company’s activities.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

EZPCTV Ltd

Notes to the Financial Statements
for the Year Ended 31 January 2024

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Office equipment

25% reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

 

EZPCTV Ltd

Notes to the Financial Statements
for the Year Ended 31 January 2024

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2023 - 0).

4

Tangible assets

Office equipment
£

Total
£

Cost or valuation

At 1 February 2023

699

699

At 31 January 2024

699

699

Depreciation

At 1 February 2023

277

277

Charge for the year

106

106

At 31 January 2024

383

383

Carrying amount

At 31 January 2024

316

316

At 31 January 2023

422

422

5

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Accruals and deferred income

990

946

Other creditors

5,032

6,678

6,022

7,624