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REGISTERED NUMBER: 14857239 (England and Wales)















Unaudited Financial Statements

for the Period 9 May 2023 to 31 May 2024

for

ETE Engineering Ltd

ETE Engineering Ltd (Registered number: 14857239)






Contents of the Financial Statements
for the Period 9 May 2023 to 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


ETE Engineering Ltd

Company Information
for the Period 9 May 2023 to 31 May 2024







DIRECTOR: Thomas Handford





REGISTERED OFFICE: 8 Acrefield Road
Birkenhead
Merseyside
CH42 8LD





REGISTERED NUMBER: 14857239 (England and Wales)





ACCOUNTANTS: Cheryl Bostock & Company Accountants Limited
395-397 Woodchurch Road
Prenton
Birkenhead
Merseyside

ETE Engineering Ltd (Registered number: 14857239)

Balance Sheet
31 May 2024

Notes £    £   
FIXED ASSETS
Tangible assets 4 319

CURRENT ASSETS
Stocks 2,010
Debtors 5 13,528
Cash at bank 33,270
48,808
CREDITORS
Amounts falling due within one year 6 46,143
NET CURRENT ASSETS 2,665
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,984

PROVISIONS FOR LIABILITIES 75
NET ASSETS 2,909

CAPITAL AND RESERVES
Called up share capital 7 101
Retained earnings 2,808
SHAREHOLDERS' FUNDS 2,909

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 May 2024 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.

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

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 17 July 2024 and were signed by:




Thomas Handford - Director


ETE Engineering Ltd (Registered number: 14857239)

Notes to the Financial Statements
for the Period 9 May 2023 to 31 May 2024

1. STATUTORY INFORMATION

ETE Engineering Ltd 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Computer equipment - 33% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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 period was NIL.

ETE Engineering Ltd (Registered number: 14857239)

Notes to the Financial Statements - continued
for the Period 9 May 2023 to 31 May 2024

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
Additions 479
At 31 May 2024 479
DEPRECIATION
Charge for period 160
At 31 May 2024 160
NET BOOK VALUE
At 31 May 2024 319

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 12,846
Prepayments 682
13,528

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Tax 31,208
VAT 6,548
Other creditors 759
Directors' current accounts 7,388
Accrued expenses 240
46,143

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
100 Ordinary 1 100
1 Ordinary A 1 1
101

The following shares were allotted and fully paid for cash at par during the period:

100 Ordinary shares of 1 each
1 Ordinary A shares of 1 each