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REGISTERED NUMBER: 05084227 (England and Wales)














Financial Statements for the Year Ended 31 March 2024

for

Easy Action Recordings Limited

Easy Action Recordings Limited (Registered number: 05084227)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


Easy Action Recordings Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: Mr C Sandercock





REGISTERED OFFICE: The Retreat
406 Roding Lane South
Woodford Green
Essex
IG8 8EY





REGISTERED NUMBER: 05084227 (England and Wales)





ACCOUNTANTS: Nordens
The Retreat
406 Roding Lane South
Woodford Green
Essex
IG8 8EY

Easy Action Recordings Limited (Registered number: 05084227)

Statement of Financial Position
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 1,200 1,601

CURRENT ASSETS
Inventories 121,000 96,000
Debtors 5 860 297
Cash at bank 1,293 3,310
123,153 99,607
CREDITORS
Amounts falling due within one year 6 183,014 180,023
NET CURRENT LIABILITIES (59,861 ) (80,416 )
TOTAL ASSETS LESS CURRENT LIABILITIES (58,661 ) (78,815 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (58,761 ) (78,915 )
SHAREHOLDERS' FUNDS (58,661 ) (78,815 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 2 October 2024 and were signed by:




Mr C Sandercock - Director


Easy Action Recordings Limited (Registered number: 05084227)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Easy Action Recordings 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
Revenue 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.
Computer equipment - 25% on reducing balance

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

Going concern
The financial statements have been prepared on the going concern basis. The director is of the opinion that the shareholders will continue to support it, and provide adequate funding when necessary to enable it to meet its obligations for the foreseeable future, being for a period of at least twelve months from the date of approval of the financial statements.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Computer
equipment
£   
COST
At 1 April 2023
and 31 March 2024 15,516
DEPRECIATION
At 1 April 2023 13,915
Charge for year 401
At 31 March 2024 14,316
NET BOOK VALUE
At 31 March 2024 1,200
At 31 March 2023 1,601

Easy Action Recordings Limited (Registered number: 05084227)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Other debtors 860 297

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 60,339 16,945
Taxation and social security 4,745 2,526
Other creditors 117,930 160,552
183,014 180,023

7. RELATED PARTY DISCLOSURES

The Director, Mr C Sandercock is considered to be the key management personnel.