Company Registration No. 03184751 (England and Wales)
Electronic Power Systems Limited
Unaudited accounts
for the year ended 30 April 2024
Electronic Power Systems Limited
Unaudited accounts
Contents
Electronic Power Systems Limited
Company Information
for the year ended 30 April 2024
Directors
Ian Craythorne
Guy D'Arcy Evans
Christopher Paul Riley
Sean Paul O'Sullivan
Company Number
03184751 (England and Wales)
Registered Office
7 Spillbutters
Doddinghurst
Brentwood
Essex
CM150LT
United Kingdom
Accountants
Aces Accounts and Taxation Ltd
195
High Street
Chipping Ongar
Essex
CM5 9JG
Electronic Power Systems Limited
Statement of financial position
as at 30 April 2024
Tangible assets
124,736
105,732
Cash at bank and in hand
665,660
168,547
Creditors: amounts falling due within one year
(335,145)
(261,414)
Net current assets
730,417
349,562
Total assets less current liabilities
855,153
455,294
Provisions for liabilities
Deferred tax
(27,514)
(18,636)
Net assets
827,639
436,658
Called up share capital
100
100
Profit and loss account
827,539
436,558
Shareholders' funds
827,639
436,658
For the year ending 30 April 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 2 December 2024 and were signed on its behalf by
Ian Craythorne
Director
Company Registration No. 03184751
Electronic Power Systems Limited
Notes to the Accounts
for the year ended 30 April 2024
Electronic Power Systems Limited is a private company, limited by shares, registered in England and Wales, registration number 03184751. The registered office is 7 Spillbutters, Doddinghurst, Brentwood, Essex, CM150LT, United Kingdom.
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:
Plant & machinery
25% reducing
Motor vehicles
25% reducing
Fixtures & fittings
25% reducing
Computer equipment
25% reducing
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 May 2023
7,397
192,044
69,787
5,604
2,662
277,494
Additions
-
10,319
30,836
-
4,422
45,577
At 30 April 2024
7,397
202,363
100,623
5,604
7,084
323,071
At 1 May 2023
-
145,927
19,793
6,042
-
171,762
Charge for the year
148
13,112
13,128
(1,731)
1,916
26,573
At 30 April 2024
148
159,039
32,921
4,311
1,916
198,335
At 30 April 2024
7,249
43,324
67,702
1,293
5,168
124,736
At 30 April 2023
7,397
46,117
49,994
(438)
2,662
105,732
Electronic Power Systems Limited
Notes to the Accounts
for the year ended 30 April 2024
Amounts falling due within one year
Trade debtors
395,211
144,001
Accrued income and prepayments
(47,516)
235,703
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
92,151
36,121
Taxes and social security
203,514
153,582
Loans from directors
39,480
66,456
7
Average number of employees
During the year the average number of employees was 10 (2023: 10).