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REGISTERED NUMBER: 08906159 (England and Wales)















Unaudited Financial Statements for the Year Ended 29 February 2024

for

Etherwulf Communications Limited

Etherwulf Communications Limited (Registered number: 08906159)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Etherwulf Communications Limited

Company Information
for the Year Ended 29 February 2024







DIRECTOR: D Ball





REGISTERED OFFICE: Tenby Place
102 Selby Road
West Bridgford
Nottingham
NG2 7BA





REGISTERED NUMBER: 08906159 (England and Wales)





ACCOUNTANTS: Global Payroll Services Ltd
Tenby Place
102 Selby Road
West Bridgford
Nottingham
NG2 7BA

Etherwulf Communications Limited (Registered number: 08906159)

Balance Sheet
29 February 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 54,184 5,749

CURRENT ASSETS
Debtors 5 51,247 40,676
Cash at bank 14,074 12,265
65,321 52,941
CREDITORS
Amounts falling due within one year 6 80,481 57,174
NET CURRENT LIABILITIES (15,160 ) (4,233 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

39,024

1,516

CREDITORS
Amounts falling due after more than one
year

7

38,384

-
NET ASSETS 640 1,516

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 630 1,506
SHAREHOLDERS' FUNDS 640 1,516

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

Etherwulf Communications Limited (Registered number: 08906159)

Balance Sheet - continued
29 February 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 November 2024 and were signed by:





D Ball - Director


Etherwulf Communications Limited (Registered number: 08906159)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

Etherwulf Communications Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 33% straight line

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

Etherwulf Communications Limited (Registered number: 08906159)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2023 18,689
Additions 61,370
At 29 February 2024 80,059
DEPRECIATION
At 1 March 2023 12,940
Charge for year 12,935
At 29 February 2024 25,875
NET BOOK VALUE
At 29 February 2024 54,184
At 28 February 2023 5,749

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
Additions 61,370
At 29 February 2024 61,370
DEPRECIATION
Charge for year 10,126
At 29 February 2024 10,126
NET BOOK VALUE
At 29 February 2024 51,244

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade debtors 20,159 19,981
Other debtors 1,695 20,695
Directors' loan account 29,393 -
51,247 40,676

Etherwulf Communications Limited (Registered number: 08906159)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Bank loans and overdrafts 27,306 30,974
Hire purchase contracts 7,755 -
Taxation and social security 45,407 25,785
Other creditors 13 415
80,481 57,174

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
29.2.24 28.2.23
£    £   
Hire purchase contracts 38,384 -