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Company Registration No. 11730756 (England and Wales)
ELECSAN LTD Unaudited accounts for the year ended 31 December 2023
ELECSAN LTD Unaudited accounts Contents
Page
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ELECSAN LTD Company Information for the year ended 31 December 2023
Director
Sasan GHOLIZADEGAN
Company Number
11730756 (England and Wales)
Registered Office
36 STONEY LANE QUINTON BIRMINGHAM B32 1AN ENGLAND
Accountants
Fouladi and Co Accountants 30 High Street Cradley Heath West Midlands B64 5HL
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ELECSAN LTD Accountants' report
Accountants' report to the director of ELECSAN LTD on the preparation of the unaudited statutory accounts for the year ended 31 December 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of ELECSAN LTD for the year ended 31 December 2023 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of ELECSAN LTD, as a body, in accordance with the terms of our engagement letter dated 9 September 2024. Our work has been undertaken solely to prepare for your approval the accounts of ELECSAN LTD and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than ELECSAN LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that ELECSAN LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of ELECSAN LTD. You consider that ELECSAN LTD is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of ELECSAN LTD. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Fouladi and Co Accountants 30 High Street Cradley Heath West Midlands B64 5HL 9 September 2024
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ELECSAN LTD Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
16,981 
18,868 
Current assets
Inventories
300 
- 
Cash at bank and in hand
150 
1,479 
450 
1,479 
Creditors: amounts falling due within one year
(8,863)
(10,244)
Net current liabilities
(8,413)
(8,765)
Total assets less current liabilities
8,568 
10,103 
Creditors: amounts falling due after more than one year
(4,350)
(6,240)
Net assets
4,218 
3,863 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
4,217 
3,862 
Shareholders' funds
4,218 
3,863 
For the year ending 31 December 2023 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 9 September 2024 and were signed on its behalf by
Sasan GHOLIZADEGAN Director Company Registration No. 11730756
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ELECSAN LTD Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
ELECSAN LTD is a private company, limited by shares, registered in England and Wales, registration number 11730756. The registered office is 36 STONEY LANE, QUINTON, BIRMINGHAM, B32 1AN, 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.
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:
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 January 2023
22,198 
At 31 December 2023
22,198 
Depreciation
At 1 January 2023
3,330 
Charge for the year
1,887 
At 31 December 2023
5,217 
Net book value
At 31 December 2023
16,981 
At 31 December 2022
18,868 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
595 
595 
Taxes and social security
83 
- 
Loans from directors
8,185 
9,649 
8,863 
10,244 
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ELECSAN LTD Notes to the Accounts for the year ended 31 December 2023
6
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
4,350 
6,240 
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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