EXPERT MAINTENANCE SOLUTIONS LTD
Registered number: 07803307
Balance Sheet
as at 30 September 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 60,807 77,320
Current assets
Debtors 4 66,302 80,699
Cash at bank and in hand 551,689 428,098
617,991 508,797
Creditors: amounts falling due within one year 5 (201,819) (126,530)
Net current assets 416,172 382,267
Net assets 476,979 459,587
Capital and reserves
Called up share capital 100 100
Profit and loss account 476,879 459,487
Shareholders' funds 476,979 459,587
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr Giorgio Acanfora
Director
Approved by the board on 16 June 2024
EXPERT MAINTENANCE SOLUTIONS LTD
Notes to the Accounts
for the year ended 30 September 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery over 5 years 20% reducing bal
Motor Vehicle over 5 years 20% reducing bal
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 3 3
3 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 October 2022 14,951 116,862 131,813
Additions 3,755 - 3,755
At 30 September 2023 18,706 116,862 135,568
Depreciation
At 1 October 2022 9,568 44,925 54,493
Charge for the year 2,284 17,984 20,268
At 30 September 2023 11,852 62,909 74,761
Net book value
At 30 September 2023 6,854 53,953 60,807
At 30 September 2022 5,383 71,937 77,320
4 Debtors 2023 2022
£ £
Trade debtors 7,118 20,863
Loans - UK companies 47,937 41,380
Other debtors 11,247 18,456
66,302 80,699
5 Creditors: amounts falling due within one year 2023 2022
£ £
Bank loans and overdrafts 3,589 3,589
Trade creditors 134,722 111,610
Corporation tax 20,307 -
Other taxes and social security costs 27,085 5,510
Director account 8,986 5,821
Other creditors 7,130 -
201,819 126,530
6 Other information
EXPERT MAINTENANCE SOLUTIONS LTD is a private company limited by shares and incorporated in England. Its registered office is:
216 Moorside Road
Bromley
England
BR1 5EZ
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