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Company Registration No. 08387042 (England and Wales)
EFT Consultancy Services Limited Unaudited accounts for the year ended 31 March 2024
EFT Consultancy Services Limited Unaudited accounts Contents
Page
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EFT Consultancy Services Limited Company Information for the year ended 31 March 2024
Directors
Mr Andrew Williams Mr Nathan Goddard
Company Number
08387042 (England and Wales)
Registered Office
11b Yarborough Road Southsea Hants PO5 3DZ
Accountants
Pure Accounts 3 Cutlers Lane Stubbington Fareham Hants PO14 2JN
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EFT Consultancy Services Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Debtors
- 
2,114 
Cash at bank and in hand
115,154 
109,257 
115,154 
111,371 
Creditors: amounts falling due within one year
(43,622)
(42,294)
Net current assets
71,532 
69,077 
Total assets less current liabilities
71,532 
69,077 
Creditors: amounts falling due after more than one year
- 
(15,414)
Net assets
71,532 
53,663 
Capital and reserves
Called up share capital
166 
166 
Profit and loss account
71,366 
53,497 
Shareholders' funds
71,532 
53,663 
For the year ending 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 of Directors and authorised for issue on 9 August 2024 and were signed on its behalf by
Mr Andrew Williams Director Company Registration No. 08387042
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EFT Consultancy Services Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
EFT Consultancy Services Limited is a private company, limited by shares, registered in England and Wales, registration number 08387042. The registered office is 11b Yarborough Road, Southsea, Hants, PO5 3DZ.
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:
Going concern
After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis of accounting in preparing its financial statements.
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 April 2023
1,011 
At 31 March 2024
1,011 
Depreciation
At 1 April 2023
1,011 
At 31 March 2024
1,011 
Net book value
At 31 March 2024
- 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
2,114 
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EFT Consultancy Services Limited Notes to the Accounts for the year ended 31 March 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
36,839 
42,294 
Taxes and social security
12,238 
- 
Loans from directors
(5,455)
- 
43,622 
42,294 
Corporation Tax - Corporation Tax payble comes to £ 12,238 as computed in the relevant sheet with the taxable profit of £ 60,332. Director's Current Account - There is debit closing balance of the director current account of £ 5,455 which was adjustment of opening bank balance difference as compared to Bank statement and Filed accounts. Loans payable - Loan payable at the year end is £36,839 after adjusting Loan interest of the period.
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Taxes and social security
- 
15,414 
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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