Company Registration No. 11686087 (England and Wales)
ERP Accountants Limited
Unaudited accounts
for the year ended 31 March 2024
ERP Accountants Limited
Unaudited accounts
Contents
ERP Accountants Limited
Company Information
for the year ended 31 March 2024
Directors
Claire Bailey
Alasdair Bailey
Company Number
11686087 (England and Wales)
Registered Office
22 Neneside Close
Weedon
Northampton
Northamptonshire
NN7 4QH
England
Accountants
Robins & Co
35 St Leonards Road
Northampton
NN4 8DL
ERP Accountants Limited
Statement of financial position
as at 31 March 2024
Tangible assets
28,448
18,559
Cash at bank and in hand
359,365
177,370
Creditors: amounts falling due within one year
(183,109)
(141,296)
Net current assets
253,430
122,664
Total assets less current liabilities
281,878
141,223
Provisions for liabilities
Deferred tax
(7,539)
(4,918)
Net assets
274,339
136,305
Called up share capital
10
10
Profit and loss account
274,329
136,295
Shareholders' funds
274,339
136,305
For the year ending 31 March 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 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 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 of Directors and authorised for issue on 5 August 2024 and were signed on its behalf by
Claire Bailey
Director
Company Registration No. 11686087
ERP Accountants Limited
Notes to the Accounts
for the year ended 31 March 2024
ERP Accountants Limited is a private company, limited by shares, registered in England and Wales, registration number 11686087. The registered office is 22 Neneside Close, Weedon, Northampton, Northamptonshire, NN7 4QH, England.
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:
Fixtures & fittings
25% Reducing Balance
Computer equipment
25% Reducing Balance
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2023
28,865
11,182
40,047
Additions
12,707
3,947
16,654
Disposals
-
(3,742)
(3,742)
At 31 March 2024
41,572
11,387
52,959
At 1 April 2023
15,616
5,872
21,488
Charge for the year
3,854
1,194
5,048
On disposals
-
(2,025)
(2,025)
At 31 March 2024
19,470
5,041
24,511
At 31 March 2024
22,102
6,346
28,448
At 31 March 2023
13,249
5,310
18,559
ERP Accountants Limited
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
Accrued income and prepayments
38,750
86,590
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
121,559
78,172
Loans from directors
7,721
13,565
7
Average number of employees
During the year the average number of employees was 6 (2023: 6).