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Company Registration No. 02451700
Epsilon Engineering Limited Unaudited accounts for the year ended 31 January 2024
Epsilon Engineering Limited Unaudited accounts Contents
Page
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Epsilon Engineering Limited Company Information for the year ended 31 January 2024
Director
Graeme Leno
Company Number
02451700
Registered Office
25 Baroque Gardens Grand Canal Avenue London London SE16 7EH England
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Epsilon Engineering Limited Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
11,174 
11,174 
Current assets
Inventories
65,513 
77,500 
Cash at bank and in hand
72,632 
47,463 
138,145 
124,963 
Creditors: amounts falling due within one year
(128,018)
(114,320)
Net current assets
10,127 
10,643 
Total assets less current liabilities
21,301 
21,817 
Provisions for liabilities
Deferred tax
(901)
(901)
Net assets
20,400 
20,916 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
20,398 
20,914 
Shareholders' funds
20,400 
20,916 
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 25 October 2024 and were signed on its behalf by
Graeme Leno Director Company Registration No. 02451700
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Epsilon Engineering Limited Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
Epsilon Engineering Limited is a private company, limited by shares, , registration number 02451700. The registered office is 25 Baroque Gardens, Grand Canal Avenue, London, London, SE16 7EH, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Land & buildings
10
Plant & machinery
4
Motor vehicles
5
Fixtures & fittings
4
Computer equipment
4
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 February 2023
14,296 
60,326 
27,201 
101,823 
At 31 January 2024
14,296 
60,326 
27,201 
101,823 
Depreciation
At 1 February 2023
6,003 
57,900 
26,746 
90,649 
At 31 January 2024
6,003 
57,900 
26,746 
90,649 
Net book value
At 31 January 2024
8,293 
2,426 
455 
11,174 
At 31 January 2023
8,293 
2,426 
455 
11,174 
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Epsilon Engineering Limited Notes to the Accounts for the year ended 31 January 2024
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
69,622 
69,185 
VAT
6,659 
(6,939)
Taxes and social security
555 
- 
Other creditors
588 
585 
Loans from directors
50,594 
51,489 
128,018 
114,320 
6
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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