Company Registration No. 11114843 (England and Wales)
Erbiller Angel Ltd
Unaudited accounts
for the year ended 31 December 2023
Erbiller Angel Ltd
Unaudited accounts
Contents
Erbiller Angel Ltd
Company Information
for the year ended 31 December 2023
Company Number
11114843 (England and Wales)
Registered Office
157 Fore Street
London
N18 2XB
England
Accountants
DNG Associates
214 Baker Street
Enfield
London
EN1 3JT
Erbiller Angel Ltd
Statement of financial position
as at 31 December 2023
Tangible assets
32,605
38,884
Cash at bank and in hand
5,409
10,585
Creditors: amounts falling due within one year
(42,250)
(62,283)
Net current (liabilities)/assets
(866)
1,972
Total assets less current liabilities
31,739
40,856
Creditors: amounts falling due after more than one year
(14,001)
(23,381)
Called up share capital
100
100
Profit and loss account
17,638
17,375
Shareholders' funds
17,738
17,475
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 18 September 2024 and were signed on its behalf by
Mr M Erbil
Director
Company Registration No. 11114843
Erbiller Angel Ltd
Notes to the Accounts
for the year ended 31 December 2023
Erbiller Angel Ltd is a private company, limited by shares, registered in England and Wales, registration number 11114843. The registered office and principal place of business is 157 Fore Street, London, N18 2XB, 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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.
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:
Plant & machinery
18% - reducing line method
Fixtures & fittings
18% - reducing line method
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Erbiller Angel Ltd
Notes to the Accounts
for the year ended 31 December 2023
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2023
4,000
6,000
45,690
55,690
At 31 December 2023
4,000
6,000
45,690
55,690
At 1 January 2023
-
1,966
14,840
16,806
Charge for the year
-
726
5,553
6,279
At 31 December 2023
-
2,692
20,393
23,085
At 31 December 2023
4,000
3,308
25,297
32,605
At 31 December 2022
4,000
4,034
30,850
38,884
Amounts falling due within one year
Other debtors
20,175
29,670
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
10,000
10,000
Taxes and social security
-
979
Loans from directors
31,850
51,304
7
Creditors: amounts falling due after more than one year
2023
2022
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Transactions with related parties
Included within other creditors is an amount of £31,850 (2022;£51,304) due to its director. There are no terms as to interest or repayment in respect of this balance.
Erbiller Angel Ltd
Notes to the Accounts
for the year ended 31 December 2023
10
Average number of employees
During the year the average number of employees was 4 (2022: 4).