2022-07-01 2023-06-30 03497611 EFCIS LIMITED false 03497611 2022-07-01 2023-06-30 03497611 uk-bus:Director1 2022-07-01 2023-06-30 03497611 uk-bus:AuditExempt-NoAccountantsReport 2022-07-01 2023-06-30 03497611 uk-bus:SmallEntities 2022-07-01 2023-06-30 03497611 uk-bus:FullAccounts 2022-07-01 2023-06-30 03497611 uk-bus:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30 03497611 2022-07-01 03497611 2023-06-30 03497611 2022-06-30 xbrli:pure iso4217:GBP 03497611 2021-07-01 2022-06-30
Company Registration Number : 03497611 (England and Wales)
03497611
This company is a private limited company
This company sells stuff to other companies
The company was trading for the entire period
Full Accounts
2023-06-30
false
EFCIS LIMITED
The accounts were prepared in accordance with FRS102A
The accounts have been audited
2022-07-01
EFCIS LIMITED
Unaudited filleted financial statements
For the year ended 30 June 2023
EFCIS LIMITED
Contents
For the year ended 30 June 2023

CONTENTS PAGE
Company Information 3
Statement of Financial Position 4
Notes to the Financial Statements 5 - 6


EFCIS LIMITED
Company Information
For the year ended 30 June 2023

Company registration number 03497611 (England and Wales)
Directors L GARDEN
A W MOYLAN
Registered office address The Office Mill House Farm
Mill Street
Harlow
Essex
CM17 9JF
UK
Accountant Phil Bessant Limited
Chartered Management Accountants
Agincourt House
14 Clytha Park Road,
Newport
NP20 4PB
UK
EFCIS LIMITED
Statement of Financial Position
For the year ended 30 June 2023

2023 2022
Notes £ £
Fixed assets
Investment Property 12,040 18,060
5 12,040 18,060
Current assets
Debtors 542,146 298,983
Cash and cash equivalents 656,023 494,893
1,198,169 793,876
Current liabilities
Creditors: Amounts falling due within one year (476,447) (137,821)
Corporation tax payable (79,412) (69,849)
(555,859) (207,670)
Net current assets/(liabilities) 642,310 586,206
Total assets less current liabilities 654,350 604,266
Net assets/(liabilities) 654,350 604,266
Capital and reserves
Called up share capital 270 270
Retained earnings 654,080 603,996
Shareholder's funds 654,350 604,266
For the year ended 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
The directors have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibility for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the special provisions of the Companies Act 2006 applicable to companies subject to the small companies' regime and in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A.
The profit and loss account has not been delivered to the Registrar of Companies in accordance with the special provisions applicable to companies subject to the small entities regime. All the members of the company have consented to the drawing up of the abridged balance sheet.
  • For the year ended 30 June 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 directors acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared 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.
Approved by the Board on 15 March 2024
.............................
A W MOYLAN (Director)
Company registration number: 03497611
/* == Copy of Frs105 Balance Sheet for XML COntent ============================================================ */
Balance sheet at 2023-06-30 30 June 2023
2023 2022
£ £
Fixed Assets 12,040 18,060
Current Assets 1,190,855 782,301
Prepayments and accrued income 7,314 11,575
Creditors: amounts falling due within one year (555,859) (207,670)
Net current assets (liabilities) 642,310 586,206
Total assets less current liabilities 654,350 604,266
Net Assets (liabilities) 654,350 604,266
Capital and Reserves 654,350 604,266
For the year ending 30/06/2023 the company was entitled to exemption 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. For the year ending 30-06-2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit for the year in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the small companies provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the board of directors on 15 March 2024 2024-03-15 and signed on behalf of the board,
.............................
A W MOYLAN
Director
Company registration number: 03497611
EFCIS LIMITED
Notes to the Financial Statements
For the year ended 30 June 2023

(1) General Information
The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is The Office Mill House Farm, Mill Street, Harlow, Essex, CM17 9JF.

(2) Statement of compliance
These individual financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A and Companies Act 2006, as applicable to companies subject to the small companies' regime.

(3) Significant Accounting Policies
Basis of Preparation
The financial statements have been prepared on the historical cost basis and in accordance with the Companies Act 2006. The presentation and functional currency of the company is pounds sterling. The financial statements are presented in pound units (£) unless stated otherwise.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax. The company recognises revenue when the amount of revenue can be measured reliably, when it is probable that future economic benefits will flow to the entity and when specific criteria have been met as described below.
Sale of goods
Sales of goods are recognised when the company has delivered the goods to the customer, no other significant obligation remains unfulfilled that may affect the customer's acceptance of the products and risks and rewards of ownership have transferred to them.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Goodwill
Goodwill arises on business acquisitions and represents the excess of the cost of the acquisition over the company's interest in the net amount of the identifiable assets, liabilities and contingent liabilities of the acquired business.

Goodwill recognised at acquisition is measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight-line basis over its useful life, which is estimated to be {nil} years. Goodwill amortisation is included within administration expenses.
Taxation
Taxation expense represents the aggregate amount of current tax and deferred tax recognised in the reporting period.
Current Tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit before tax as reported in the income statement because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Employee benefits
Payments to defined contribution retirement benefit plans are recognised as an expense when employees have rendered service entitling them to the contributions.

The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received.

(4) Employees
During the year, the average number of employees including director was 2 (2022 : 2).

(5) Fixed assets
Intangible

£
Tangible

£
Investments
Property
£
Totals

£
Cost
As at 01 July 202230,023185,50945,150260,682
As at 30 June 202330,023185,50945,150260,682
Depreciation/Amortisation
As at 01 July 202230,023185,50927,090242,622
For the year--6,0206,020
As at 30 June 202330,023185,50933,110248,642
Net book value
As at 30 June 2023--12,04012,040
As at 30 June 2022--18,06018,060