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Company Registration No. 05706163 (England and Wales)
Easy2PC Limited Unaudited accounts for the year ended 31 July 2024
Easy2PC Limited Unaudited accounts Contents
Page
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Easy2PC Limited Company Information for the year ended 31 July 2024
Director
John Smith
Company Number
05706163 (England and Wales)
Registered Office
UNIT 5 CUNLIFFE DRIVE KETTERING NORTHANTS NN16 8LD UNITED KINGDOM
Accountants
Kingsbrook Accounting and Tax Services Limited 2 Kingsbrook Corby Northants NN189HY
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Easy2PC Limited Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
15,925 
21,233 
Investment property
170,916 
170,916 
186,841 
192,149 
Current assets
Inventories
40,000 
40,000 
Debtors
27,482 
27,482 
Cash at bank and in hand
72,206 
62,051 
139,688 
129,533 
Creditors: amounts falling due within one year
(176,059)
(177,786)
Net current liabilities
(36,371)
(48,253)
Total assets less current liabilities
150,470 
143,896 
Creditors: amounts falling due after more than one year
(11,166)
(23,018)
Net assets
139,304 
120,878 
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
138,304 
119,878 
Shareholders' funds
139,304 
120,878 
For the year ending 31 July 2024 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 8 August 2024 and were signed on its behalf by
John Smith Director Company Registration No. 05706163
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Easy2PC Limited Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
Easy2PC Limited is a private company, limited by shares, registered in England and Wales, registration number 05706163. The registered office is UNIT 5, CUNLIFFE DRIVE, KETTERING, NORTHANTS, NN16 8LD, UNITED KINGDOM.
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:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
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Easy2PC Limited Notes to the Accounts for the year ended 31 July 2024
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 August 2023
13,177 
30,615 
4,712 
48,504 
At 31 July 2024
13,177 
30,615 
4,712 
48,504 
Depreciation
At 1 August 2023
12,422 
11,745 
3,104 
27,271 
Charge for the year
189 
4,717 
402 
5,308 
At 31 July 2024
12,611 
16,462 
3,506 
32,579 
Net book value
At 31 July 2024
566 
14,153 
1,206 
15,925 
At 31 July 2023
755 
18,870 
1,608 
21,233 
5
Investment property
2024 
£ 
Fair value at 1 August 2023
170,916 
At 31 July 2024
170,916 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
27,482 
27,482 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
6,000 
6,000 
VAT
4,142 
7,741 
Obligations under finance leases and hire purchase contracts
5,500 
5,500 
Taxes and social security
6,147 
1,260 
Other creditors
153,970 
156,985 
Accruals
300 
300 
176,059 
177,786 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
- 
5,500 
Obligations under finance leases and hire purchase contracts
11,166 
17,518 
11,166 
23,018 
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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