IRIS Accounts Production v24.2.0.383 03782326 Board of Directors 1.1.23 31.12.23 31.12.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh037823262022-12-31037823262023-12-31037823262023-01-012023-12-31037823262021-12-31037823262022-01-012022-12-31037823262022-12-3103782326ns15:EnglandWales2023-01-012023-12-3103782326ns14:PoundSterling2023-01-012023-12-3103782326ns10:Director12023-01-012023-12-3103782326ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3103782326ns10:SmallEntities2023-01-012023-12-3103782326ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3103782326ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3103782326ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3103782326ns10:FullAccounts2023-01-012023-12-3103782326ns10:Director22023-01-012023-12-3103782326ns10:Director32023-01-012023-12-3103782326ns10:CompanySecretary12023-01-012023-12-3103782326ns10:RegisteredOffice2023-01-012023-12-3103782326ns5:CurrentFinancialInstruments2023-12-3103782326ns5:CurrentFinancialInstruments2022-12-3103782326ns5:ShareCapital2023-12-3103782326ns5:ShareCapital2022-12-3103782326ns5:RetainedEarningsAccumulatedLosses2023-12-3103782326ns5:RetainedEarningsAccumulatedLosses2022-12-3103782326ns5:ComputerEquipment2023-01-012023-12-3103782326ns5:ComputerEquipment2022-12-3103782326ns5:ComputerEquipment2023-12-3103782326ns5:ComputerEquipment2022-12-3103782326ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-3103782326ns5:WithinOneYearns5:CurrentFinancialInstruments2022-12-31
REGISTERED NUMBER: 03782326 (England and Wales)













FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

ELECTROMATIC TELE-LINK LIMITED

ELECTROMATIC TELE-LINK LIMITED (REGISTERED NUMBER: 03782326)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


ELECTROMATIC TELE-LINK LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: M Roesaas
M S Goddard
E C Parker F.C.C.A.





SECRETARY: E C Parker F.C.C.A.





REGISTERED OFFICE: 3 Dawn Close
Chandlers Quay
Maldon
Essex
CM9 5LB





REGISTERED NUMBER: 03782326 (England and Wales)





ACCOUNTANTS: Connah Goldsworthy
Chartered Certified Accountants
12 Station Court
Station Approach
Wickford
Essex
SS11 7AT

ELECTROMATIC TELE-LINK LIMITED (REGISTERED NUMBER: 03782326)

BALANCE SHEET
31 DECEMBER 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,086 749

CURRENT ASSETS
Stocks 5 15,802 15,695
Debtors 6 66,200 110,639
Cash at bank and in hand 46,814 27,659
128,816 153,993
CREDITORS
Amounts falling due within one year 7 62,320 48,581
NET CURRENT ASSETS 66,496 105,412
TOTAL ASSETS LESS CURRENT
LIABILITIES

67,582

106,161

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 67,482 106,061
SHAREHOLDERS' FUNDS 67,582 106,161

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 September 2024 and were signed on its behalf by:





E C Parker F.C.C.A. - Director


ELECTROMATIC TELE-LINK LIMITED (REGISTERED NUMBER: 03782326)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1. STATUTORY INFORMATION

Electromatic Tele-Link Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Office & computer equip - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Bank factored debtors
Factored debt in which full recourse lies with the lender is recognised as a liability and included in Creditors: amounts falling due within one year while the related receivables continue to be reported separately in trade debtors until the related account balances are collected.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 4 ) .

ELECTROMATIC TELE-LINK LIMITED (REGISTERED NUMBER: 03782326)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

4. TANGIBLE FIXED ASSETS
Office &
computer
equip
£   
COST
At 1 January 2023 13,685
Additions 700
At 31 December 2023 14,385
DEPRECIATION
At 1 January 2023 12,936
Charge for year 363
At 31 December 2023 13,299
NET BOOK VALUE
At 31 December 2023 1,086
At 31 December 2022 749

5. STOCKS
31.12.23 31.12.22
£    £   
Stocks 15,802 15,695

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 51,994 51,563
Other debtors 14,206 59,076
66,200 110,639

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 31,282 19,861
Taxation and social security 29,257 27,132
Other creditors 1,781 1,588
62,320 48,581

8. ULTIMATE CONTROLLING PARTY

The controlling party is M S Goddard.

The ultimate controlling party is M S Goddard.