2023-04-01 08365056 2024-03-31 08365056 2023-04-01 2024-03-31 08365056 2023-03-31 08365056 2022-04-01 2023-03-31 08365056 uk-core:WithinOneYear 2023-03-31 08365056 uk-core:WithinOneYear 2024-03-31 08365056 uk-core:AfterOneYear 2023-03-31 08365056 uk-core:AfterOneYear 2024-03-31 08365056 uk-core:ShareCapital 2024-03-31 08365056 uk-core:ShareCapital 2023-03-31 08365056 uk-core:RetainedEarningsAccumulatedLosses 2024-03-31 08365056 uk-core:RetainedEarningsAccumulatedLosses 2023-03-31 08365056 uk-bus:Director1 2023-04-01 2024-03-31 08365056 uk-core:NetGoodwill 2023-04-01 2024-03-31 08365056 uk-core:ToolsEquipment 2023-04-01 2024-03-31 08365056 uk-core:FurnitureFittings 2023-04-01 2024-03-31 08365056 uk-core:Goodwill 2023-03-31 08365056 uk-core:Goodwill 2024-03-31 08365056 uk-core:ToolsEquipment 2023-03-31 08365056 uk-core:FurnitureFittings 2023-03-31 08365056 uk-core:FurnitureFittings 2024-03-31 08365056 uk-core:ToolsEquipment 2024-03-31 08365056 uk-core:WithinOneYear 2024-03-31 08365056 uk-core:WithinOneYear 2023-03-31 08365056 uk-core:AfterOneYear uk-core:Secured 2024-03-31 08365056 uk-core:AfterOneYear uk-core:Secured 2023-03-31 iso4217:GBP xbrli:pure 08365056 uk-bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 08365056 uk-bus:FRS102 2023-04-01 2024-03-31 08365056 uk-bus:FilletedAccounts 2023-04-01 2024-03-31 08365056 uk-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31
Eaton Acton Limited
Registered Number:08365056
For the year ended 31 March 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 March 2024
Eaton Acton Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
3
Registered Number :
08365056
As at 31 March 2024
Eaton Acton Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
326
470
3
326
470
Current assets
Trade and other receivables
21,623
26,987
4
44,365
Cash and cash equivalents
39,324
66,311
65,988
Trade and other payables: amounts falling due within one year
(20,250)
(24,671)
5
45,738
41,640
Net current assets
Total assets less current liabilities
41,966
46,208
Trade and other payables: amounts falling due after more than
one year
(10,833)
(5,833)
6
(86)
(89)
Provisions for liabilities
36,047
Net assets
35,286
Capital and reserves
Called up share capital
100
100
Retained earnings
35,947
35,186
36,047
35,286
Shareholders' funds
For the year ended 31 March 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 March 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 Damien Acton Director
These financial statements were approved and authorised for issue by the Board on 04 November 2024 and were signed by:
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4
Registered Number :
08365056
For the year ended 31 March 2024
Eaton Acton Limited
Statement of Financial Position Continued
The notes form part of these financial statements
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5
For the year ended 31 March 2024
Eaton Acton Limited
Notes to the Financial Statements
Statutory Information
Eaton Acton Limited is a private limited company, limited by shares, domiciled in England and Wales, registration number
08365056.
Registered address:
Suite 1, Old Stables Court
6a Queen Street
Newcastle under Lyme
Staffordshire
ST5 1ED
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.
Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2013, has being amortised evenly over its estimated useful life of 1 years.
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:
33% Reducing balance
Computer equipment
25% Reducing balance
Fixtures and fittings
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.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straightline basis over the period of the lease.
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6
For the year ended 31 March 2024
Eaton Acton Limited
Notes to the Financial Statements Continued
2. Intangible fixed assets
Goodwill
Cost or valuation
£
At 01 April 2023
11,119
At 31 March 2024
11,119
Amortisation
At 01 April 2023
11,119
At 31 March 2024
11,119
Net book value
At 31 March 2024
-
At 31 March 2023
-
3. Property, plant and equipment
Total
Computer
equipment
Fixtures and
fittings
£
£
£
Cost or valuation
At 01 April 2023
2,869
1,804
1,065
At 31 March 2024
1,065
1,804
2,869
Provision for depreciation and impairment
At 01 April 2023
2,399
1,486
913
Charge for year
144
104
40
At 31 March 2024
2,543
1,590
953
At 31 March 2024
Net book value
112
214
326
At 31 March 2023
152
318
470
4. Trade and other receivables
2023
2024
£
£
Trade debtors
24,718
18,813
Other debtors
2,269
2,810
21,623
26,987
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7
For the year ended 31 March 2024
Eaton Acton Limited
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Bank loans and overdraft
5,000
5,000
Taxation and social security
19,671
15,250
24,671
20,250
6. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Bank loans and overdraft
5,833
10,833
7. Average number of persons employed
During the year the average number of employees was 3 (2023 : 3)
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