Company Registration No. 10519193 (England and Wales)
Erol Holding UK Ltd
Unaudited accounts
for the year ended 31 December 2023
Erol Holding UK Ltd
Unaudited accounts
Contents
Erol Holding UK Ltd
Company Information
for the year ended 31 December 2023
Company Number
10519193 (England and Wales)
Registered Office
3 Hutton Place
Hutton
Brentwood
Essex
CM13 1HE
England
Accountants
Kore Consulting
85 Great Portland Street
London
W1W 7LT
Erol Holding UK Ltd
Statement of financial position
as at 31 December 2023
Cash at bank and in hand
2,000
-
Creditors: amounts falling due within one year
(1,795)
(1,743)
Net current assets/(liabilities)
205
(1,743)
Net assets/(liabilities)
207
(1,743)
Called up share capital
1
1
Profit and loss account
206
(1,744)
Shareholders' funds
207
(1,743)
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 12 September 2024 and were signed on its behalf by
Yigit Erol
Director
Company Registration No. 10519193
Erol Holding UK Ltd
Notes to the Accounts
for the year ended 31 December 2023
Erol Holding UK Ltd is a private company, limited by shares, registered in England and Wales, registration number 10519193. The registered office is 3 Hutton Place, Hutton, Brentwood, Essex, CM13 1HE, 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.
These financial statements for the year ended 31 December 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 January 2022.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
Investments in subsidiaries
Investments in subsidiaries are included at fair value.
The accounts have been prepared on going concern basis. The Directors have confirmed that the company is a going concern. There are no material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue to adopt the going concern basis of accounting.
4
Investments
Subsidiary undertakings
Valuation at 1 January 2023
-
Valuation at 31 December 2023
2
5
Creditors: amounts falling due within one year
2023
2022
Other creditors
1,548
1,548
Loans from directors
247
195
6
Average number of employees
During the year the average number of employees was 0 (2022: 0).