Company Registration No. 10406012 (England and Wales)
E & M Lifts Ltd
Unaudited accounts
for the year ended 31 October 2023
E & M Lifts Ltd
Unaudited accounts
Contents
E & M Lifts Ltd
Company Information
for the year ended 31 October 2023
Directors
Mr R Evans
Mrs L Evans
Company Number
10406012 (England and Wales)
Registered Office
4 Narwhal Crescent
Wouldham
Rochester
ME1 3GL
England
E & M Lifts Ltd
Statement of financial position
as at 31 October 2023
Cash at bank and in hand
56,982
7,025
Creditors: amounts falling due within one year
124,200
186,656
Net current assets
199,537
373,830
Total assets less current liabilities
205,098
373,830
Creditors: amounts falling due after more than one year
(204,637)
(202,884)
Called up share capital
100
100
Capital contribution reserve
(150,040)
-
Profit and loss account
150,401
170,846
Shareholders' funds
461
170,946
For the year ending 31 October 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 directors acknowledge their 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 of Directors and authorised for issue on 13 September 2024 and were signed on its behalf by
Mr R Evans
Director
Company Registration No. 10406012
E & M Lifts Ltd
Notes to the Accounts
for the year ended 31 October 2023
E & M Lifts Ltd is a private company, limited by shares, registered in England and Wales, registration number 10406012. The registered office is 4 Narwhal Crescent, Wouldham, Rochester, ME1 3GL, 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.
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
Amounts falling due within one year
Trade debtors
16,455
124,274
Accrued income and prepayments
-
45,000
Other debtors
1,900
10,875
E & M Lifts Ltd
Notes to the Accounts
for the year ended 31 October 2023
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
71,355
36,808
Taxes and social security
101,593
118,267
Loans from directors
(385,256)
(344,946)
7
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
204,637
202,884
8
Average number of employees
During the year the average number of employees was 11 (2022: 11).