Company Registration No. 02451700
Epsilon Engineering Limited
Unaudited accounts
for the year ended 31 January 2024
Epsilon Engineering Limited
Unaudited accounts
Contents
Epsilon Engineering Limited
Company Information
for the year ended 31 January 2024
Registered Office
25 Baroque Gardens
Grand Canal Avenue
London
London
SE16 7EH
England
Epsilon Engineering Limited
Statement of financial position
as at 31 January 2024
Tangible assets
11,174
11,174
Cash at bank and in hand
72,632
47,463
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
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
Epsilon Engineering Limited
Notes to the Accounts
for the year ended 31 January 2024
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.
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
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
At 1 February 2023
6,003
57,900
26,746
90,649
At 31 January 2024
6,003
57,900
26,746
90,649
At 31 January 2024
8,293
2,426
455
11,174
At 31 January 2023
8,293
2,426
455
11,174
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
Taxes and social security
555
-
Loans from directors
50,594
51,489
6
Average number of employees
During the year the average number of employees was 1 (2023: 1).