Company Registration No. 11173037 (England and Wales)
EAST ENGINEERING COMPONENTS LIMITED
Unaudited accounts
for the year ended 31 January 2024
EAST ENGINEERING COMPONENTS LIMITED
Unaudited accounts
Contents
EAST ENGINEERING COMPONENTS LIMITED
Company Information
for the year ended 31 January 2024
Company Number
11173037 (England and Wales)
Registered Office
16 NETHER GROVE
SHENLEY BROOK END
MILTON KEYNES
MK5 7BQ
UNITED KINGDOM
EAST ENGINEERING COMPONENTS LIMITED
Statement of financial position
as at 31 January 2024
Tangible assets
7,801
14,016
Inventories
100,000
70,000
Cash at bank and in hand
82,904
62,669
Creditors: amounts falling due within one year
(167,373)
(114,321)
Net current assets
395,214
347,913
Net assets
403,015
361,929
Called up share capital
100
100
Profit and loss account
402,915
361,829
Shareholders' funds
403,015
361,929
For the 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. 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 13 August 2024 and were signed on its behalf by
Mark East
Director
Company Registration No. 11173037
EAST ENGINEERING COMPONENTS LIMITED
Notes to the Accounts
for the year ended 31 January 2024
EAST ENGINEERING COMPONENTS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11173037. The registered office is 16 NETHER GROVE, SHENLEY BROOK END, MILTON KEYNES, MK5 7BQ, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Motor vehicles
20% Straight Line
Computer equipment
33% Straight Line
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Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 February 2023
55,853
841
56,694
At 31 January 2024
55,853
841
56,694
At 1 February 2023
41,837
841
42,678
Charge for the year
6,215
-
6,215
At 31 January 2024
48,052
841
48,893
At 31 January 2024
7,801
-
7,801
At 31 January 2023
14,016
-
14,016
Amounts falling due within one year
Trade debtors
379,683
329,565
EAST ENGINEERING COMPONENTS LIMITED
Notes to the Accounts
for the year ended 31 January 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
21,232
31,681
Trade creditors
112,807
40,099
Taxes and social security
15,478
21,223
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Average number of employees
During the year the average number of employees was 7 (2023: 8).