2023-02-01 10585913 2024-01-31 10585913 2023-02-01 2024-01-31 10585913 2023-01-31 10585913 2022-02-01 2023-01-31 10585913 uk-core:WithinOneYear 2023-01-31 10585913 uk-core:WithinOneYear 2024-01-31 10585913 uk-core:ShareCapital 2024-01-31 10585913 uk-core:ShareCapital 2023-01-31 10585913 uk-bus:Director1 2023-02-01 2024-01-31 10585913 uk-core:ComputerEquipment 2023-02-01 2024-01-31 iso4217:GBP xbrli:pure 10585913 uk-bus:AuditExemptWithAccountantsReport 2023-02-01 2024-01-31 10585913 uk-bus:FRS102 2023-02-01 2024-01-31 10585913 uk-bus:FilletedAccounts 2023-02-01 2024-01-31 10585913 uk-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31
European Lean Solutions Ltd
Registered Number:10585913
For the year ended 31 January 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 January 2024
European Lean Solutions Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
10585913
As at 31 January 2024
European Lean Solutions Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
802
1,140
2
802
1,140
Current assets
Trade and other receivables
19,576
38,377
3
29,308
Cash and cash equivalents
27,716
66,093
48,884
Trade and other payables: amounts falling due within one
year
(49,806)
(66,710)
4
(922)
(617)
Net current liabilities
Total assets less current liabilities
185
218
(184)
(217)
Provisions for liabilities
1
Net assets
1
Capital and reserves
Called up share capital
1
1
1
1
Shareholders' funds
For the year ended 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 of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr S F Carroll Director
These financial statements were approved and authorised for issue by the Board on 23 October 2024 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 January 2024
European Lean Solutions Ltd
Notes to the Financial Statements
Statutory Information
European Lean Solutions Ltd is a private limited company, limited by shares, domiciled in England and Wales,
registration number 10585913.
Principal place of business:
11 Hazelnut Way
Whitchurch
Shropshire
SY13 4JN
Registered address:
The Old Police Station
Halkyn Street
Holywell
Flintshire
CH8 7TX
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
20% Straight line
Computer Equipment
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
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5
For the year ended 31 January 2024
European Lean Solutions Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment
Computer
Equipment
£
Cost or
valuation
At 01 February 2023
1,816
At 31 January 2024
1,816
Provision for depreciation and impairment
At 01 February 2023
676
Charge for year
338
At 31 January 2024
1,014
At 31 January 2024
Net book value
802
At 31 January 2023
1,140
3. Trade and other receivables
2023
2024
£
£
Prepayments and accrued income
15,792
17,169
Amounts owed by directors
22,585
2,407
19,576
38,377
4. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Taxation and social security
66,710
49,806
5. Average number of persons employed
During the year the average number of employees was 1 (2023 : 1)
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