Company Registration No. 11762330 (England and Wales)
100 Effects Ltd
Unaudited accounts
for the year ended 31 January 2024
100 Effects Ltd
Unaudited accounts
Contents
100 Effects Ltd
Company Information
for the year ended 31 January 2024
Director
Mindaugas Lukosevicius
Company Number
11762330 (England and Wales)
Registered Office
12 WARREN AVENUE
SOUTH CROYDON
CR2 8HU
UNITED KINGDOM
100 Effects Ltd
Statement of financial position
as at 31 January 2024
Tangible assets
14,234
16,564
Cash at bank and in hand
43
17
Creditors: amounts falling due within one year
-
(4,511)
Net current assets/(liabilities)
3,182
(4,494)
Total assets less current liabilities
17,416
12,070
Creditors: amounts falling due after more than one year
(10,988)
(12,689)
Net assets/(liabilities)
6,428
(619)
Called up share capital
2
2
Profit and loss account
6,426
(621)
Shareholders' funds
6,428
(619)
For the year ending 31 January 2024 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 17 October 2024 and were signed on its behalf by
Mindaugas Lukosevicius
Director
Company Registration No. 11762330
100 Effects Ltd
Notes to the Accounts
for the year ended 31 January 2024
100 Effects Ltd is a private company, limited by shares, registered in England and Wales, registration number 11762330. The registered office is 12 WARREN AVENUE, SOUTH CROYDON, CR2 8HU, UNITED KINGDOM.
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
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 February 2023
22,794
811
23,605
At 31 January 2024
22,794
811
23,605
At 1 February 2023
6,837
204
7,041
Charge for the year
2,279
51
2,330
At 31 January 2024
9,116
255
9,371
At 31 January 2024
13,678
556
14,234
At 31 January 2023
15,957
607
16,564
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
-
4,511
100 Effects Ltd
Notes to the Accounts
for the year ended 31 January 2024
7
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
6,461
6,405
8
Average number of employees
During the year the average number of employees was 1 (2023: 0).