ERNST & ERNST LIMITED

Company Registration Number:
03128896 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

ERNST & ERNST LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Company Information - 3
Report of the Directors - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 10

ERNST & ERNST LIMITED

Company Information

for the Period Ended 31 December 2023




Director: Robert Ernst
Registered office: 87
Cowden Road
Orpington
Kent
BR6 0TP
Company Registration Number: 03128896 (England and Wales)

ERNST & ERNST LIMITED

Directors' Report Period Ended 31 December 2023

The directors present their report with the financial statements of the company for the period ended 31 December 2023

Principal Activities

The principal activity of the company in the year under review was the provision of IT services

Political and charitable donations

No political or charitable donations were made during the year (2022 Nil)

Directors

The directors shown below have held office during the whole of the period from 01 January 2023 to 31 December 2023
Robert Ernst

This report was approved by the board of directors on 3 September 2024
And Signed On Behalf Of The Board By:

Name: Robert Ernst
Status: Director

ERNST & ERNST LIMITED

Balance sheet

As at 31 December 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 3,948 4,493
Total fixed assets: 3,948 4,493
Current assets
Stocks: 56 56
Debtors: 265 1,355
Cash at bank and in hand: 50,972 40,379
Total current assets: 51,293 41,790
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: ( 37,267 ) ( 35,590 )
Net current assets (liabilities): 14,026 6,200
Total assets less current liabilities: 17,974 10,693
Creditors: amounts falling due after more than one year: ( 0 ) ( 0 )
Provision for liabilities: ( 0 ) ( 0 )
Accruals and deferred income: ( 0 ) ( 0 )
Total net assets (liabilities): 17,974 10,693

The notes form part of these financial statements

ERNST & ERNST LIMITED

Balance sheet continued

As at 31 December 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 15,000 15,000
Profit and loss account: 2,974 ( 4,307 )
Shareholders funds: 17,974 10,693

For the year ending 31 December 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 3 September 2024
And Signed On Behalf Of The Board By:

Name: Robert Ernst
Status: Director

The notes form part of these financial statements

ERNST & ERNST LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

ERNST & ERNST LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 1 1

ERNST & ERNST LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 3. Off balance sheet disclosure

    No

ERNST & ERNST LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Tangible Assets

Total
Cost £
At 01 January 2023 51,216
Additions 513
Disposals -
Revaluations -
Transfers -
At 31 December 2023 51,729
Depreciation
At 01 January 2023 46,723
Charge for year 1,058
On disposals -
Other adjustments -
At 31 December 2023 47,781
Net book value
At 31 December 2023 3,948
At 31 December 2022 4,493

Depreciation has been provided to write off the cost or valuation, less estimated residual values, of all fixed assets, evenly over their expected
useful lives.
Depreciation is calculated at the following rates:
Computer equipment - 25% Reducing Balance
Software - 25% Reducing Balance
Other equipment - 20% Reducing Balance
Furniture - 20% Reducing Balance
Fixtures & Fittings - 10% Reducing Balance

ERNST & ERNST LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

5.1. Loans to Directors

Name of director receiving advance or credit: Robert Ernst
Description of the transaction:
The creditors figure in the balance sheet includes £33,629 owed by the company to a director, in relation to a loan made by the director
Balance at 01 January 2023 ( 32,335 )
Advances or credits made: ( 1,294 )
Balance at 31 December 2023 ( 33,629 )