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REGISTERED NUMBER: NI602162 (Northern Ireland)















Financial Statements for the Year Ended 28 February 2024

for

ETimes2 Ltd

ETimes2 Ltd (Registered number: NI602162)






Contents of the Financial Statements
for the Year Ended 28 February 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


ETimes2 Ltd

Company Information
for the Year Ended 28 February 2024







DIRECTOR: N McPolin





REGISTERED OFFICE: 6 Glenveagh
Hilltown
Co. Down
BT34 5US





REGISTERED NUMBER: NI602162 (Northern Ireland)





ACCOUNTANTS: Farrell & Farrell
35 Main St
Hilltown
Newry
Co. Down
BT34 5UJ

ETimes2 Ltd (Registered number: NI602162)

Abridged Balance Sheet
28 February 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,008 2,196

CURRENT ASSETS
Debtors 8,204 2,532
Cash at bank 182 2,965
8,386 5,497
CREDITORS
Amounts falling due within one year 40,902 43,502
NET CURRENT LIABILITIES (32,516 ) (38,005 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(29,508

)

(35,809

)

CREDITORS
Amounts falling due after more than one
year

3,423

4,887
NET LIABILITIES (32,931 ) (40,696 )

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (32,932 ) (40,697 )
(32,931 ) (40,696 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 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.

ETimes2 Ltd (Registered number: NI602162)

Abridged Balance Sheet - continued
28 February 2024


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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 28 February 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 29 November 2024 and were signed by:





N McPolin - Director


ETimes2 Ltd (Registered number: NI602162)

Notes to the Financial Statements
for the Year Ended 28 February 2024

1. STATUTORY INFORMATION

ETimes2 Ltd is a private company, limited by shares , registered in Northern Ireland. 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.
Plant and machinery etc - 20% on reducing balance

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 March 2023 3,680
Additions 1,083
At 28 February 2024 4,763
DEPRECIATION
At 1 March 2023 1,484
Charge for year 271
At 28 February 2024 1,755
NET BOOK VALUE
At 28 February 2024 3,008
At 28 February 2023 2,196

5. RELATED PARTY DISCLOSURES

There were related party transactions with the director during the period. At 28th February 2024 the company owed £18,055 to Nigel McPolin. This balance is included within other creditors.