Registered number: 05197900 | ||||||||
FOR THE YEAR ENDED 30/04/2024 | ||||||||
E2C Limited | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 30/04/2024 | ||||||||
DIRECTORS | ||||||||
REGISTERED OFFICE | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 05197900 | ||||||||
E2C Limited | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED30/04/2024 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | 3 | |||||||
Statement Of Comprehensive Income | 4 | |||||||
Balance Sheet | 5 | |||||||
Notes To The Accounts | 6 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | 10 | |||||||
Profit And Loss Account Summaries | 11 |
E2C Limited | ||||||||
DIRECTORS' REPORT | ||||||||
FOR THEYEARENDED | ||||||||
The directors present their report and accounts for theyearended | ||||||||
DIRECTORS | ||||||||
The directors who served during theyearwere as follows: | ||||||||
STATEMENT OF DIRECTORS RESPONSIBILITIES | ||||||||
The directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulation. | ||||||||
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements the directors are required to: | ||||||||
- Select suitable accounting policies and then apply them consistently; | ||||||||
- Make judgements and accounting estimates that are reasonable and prudent; | ||||||||
- Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business. | ||||||||
The directors are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. | ||||||||
The report of the directors has been prepared in accordance with the special provisions within Part 15 of the Companies Act 2006. | ||||||||
This report was approved by the board on | ||||||||
Director |
E2C Limited | ||||||||
STATEMENT OF COMPREHENSIVE INCOME | ||||||||
FOR THEYEARENDED | ||||||||
Notes | 2024 | 2023 | ||||||
£ | £ | |||||||
TURNOVER | ||||||||
Cost of sales | ( | |||||||
GROSS PROFIT | ||||||||
Administrative expenses | ( | ( | ||||||
Other operating income | ||||||||
OPERATING PROFIT | ||||||||
Interest payable and similar charges | ( | ( | ||||||
PROFIT ON ORDINARY ACTIVITIES BEFORE TAXATION | 39,460 | 103,584 | ||||||
Tax on profit on ordinary activities | 3 | (46,798) | - | |||||
(LOSS) / PROFIT ON ORDINARY ACTIVITIES AFTER TAXATION | ( | |||||||
E2C Limited | ||||||||
BALANCE SHEET AT | ||||||||||
2024 | 2023 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
CURRENT ASSETS | ||||||||||
Debtors | 5 | |||||||||
Cash at bank and in hand | ||||||||||
197,896 | 652,761 | |||||||||
CREDITORS: Amounts falling due within one year | 6 | |||||||||
NET CURRENT ASSETS | 199,034 | |||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
NET ASSETS | ||||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 9 | |||||||||
Revaluation reserve | 1e,10 | (8,800) | (8,800) | |||||||
Profit and loss account | 190,496 | 197,834 | ||||||||
SHAREHOLDERS' FUNDS | ||||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
E2C Limited | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 30/04/2024 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Depreciation | ||||||||
1c. Taxation | ||||||||
Taxation represents the sum of tax currently payable and deferred tax. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. Deferred tax is recognised on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. |
1d. Turnover | ||||||||
Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts. |
1e. Revaluation Reserve | ||||||||
Surpluses or deficits arising on the revaluation of individual fixed assets other than investment properties are credited or debited to a non-distributible reserve known as the revaluation reserve (see also note 10). | ||||||||
Revaluation deficits in excess of the amount of prior revaluation surpluses on the same asset are charged to the profit and loss account. |
E2C Limited | ||||||||
2. EMPLOYEES | ||||||
2024 | 2023 | |||||
No. | No. | |||||
Average number of employees | - | |||||
3. TAX ON ORDINARY ACTIVITIES | ||||||||
2024 | 2023 | |||||||
£ | £ | |||||||
Deferred tax 1 | 46,798 | - | ||||||
46,798 | - | |||||||
4. TANGIBLE FIXED ASSETS | ||||
Fixtures | ||||
and Fittings | Total | |||
£ | £ | |||
Cost | ||||
At 01/05/2023 | 246,471 | 246,471 | ||
At 30/04/2024 | 246,471 | 246,471 | ||
Depreciation | ||||
At 01/05/2023 | 246,471 | 246,471 | ||
At 30/04/2024 | 246,471 | 246,471 | ||
Net Book Amounts | ||||
At 30/04/2024 | - | |||
5. DEBTORS | 2024 | 2023 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
VAT | 161 | - | ||||||
Other debtors | 142,504 | 489,116 | ||||||
Amounts due from group companies | 4,294 | - | ||||||
Prepayments | - | 458 | ||||||
Accrued income | 50,000 | - | ||||||
Directors current account | - | 114,232 | ||||||
Directors current account | - | 1,746 | ||||||
Deferred taxation | - | 46,798 | ||||||
196,959 | 652,350 | |||||||
E2C Limited | ||||||||
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2024 | 2023 | |||||||
£ | £ | |||||||
VAT | - | 29,981 | ||||||
Loans | - | 199,923 | ||||||
Trade creditors | 6,200 | 6,551 | ||||||
Other creditors | - | 216,155 | ||||||
Accruals | - | 1,117 | ||||||
6,200 | 453,727 | |||||||
7. PROVISIONS FOR LIABILITIES | 2024 | 2023 | ||||||
£ | £ | |||||||
Deferred taxation | - | (46,798) | ||||||
8. DEFERRED TAXATION | 2024 | 2023 | ||||||
£ | £ | |||||||
Provision at the start of the period | 46,798 | 46,798 | ||||||
Deferred tax charge in profit and loss account due to: | ||||||||
Deferred tax 1 | (46,798) | - | ||||||
Provision at the end of the period | - | 46,798 | ||||||
9. SHARE CAPITAL | 2024 | 2023 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
10000 | 10000 | |||||||
10,000 | 10,000 | |||||||
E2C Limited | ||||||||
10. REVALUATION RESERVE | 2024 | 2023 | ||||||
£ | £ | |||||||
Revaluation reserve | (8,800) | (8,800) | ||||||
(8,800) | (8,800) | |||||||
E2C Limited | ||||||||
TRADING AND PROFIT AND LOSS ACCOUNT | ||||||||||
FOR THE YEAR ENDED 30/04/2024 | ||||||||||
2024 | 2023 | |||||||||
£ | £ | |||||||||
Turnover | ||||||||||
Cost of Sales: | ||||||||||
Purchases | - | 96 | ||||||||
- | 96 | |||||||||
- | 96 | |||||||||
Gross Profit | ||||||||||
Other operating income | ||||||||||
69,656 | 158,242 | |||||||||
Less: | ||||||||||
Administrative expenses | ||||||||||
Interest payable and similar charges | ||||||||||
30,196 | 54,658 | |||||||||
Net profit for the year before taxation | 39,460 | 103,584 | ||||||||
Taxation | 46,798 | - | ||||||||
Net (loss) / profit for the year after taxation | (7,338) | 103,584 | ||||||||
Retained profits brought forward | 197,834 | 94,250 | ||||||||
Retained profits carried forward | 190,496 | 197,834 | ||||||||
This page does not form part of the Company's Statutory Accounts and is prepared for the information of the Directors only. |
E2C Limited | ||||||||
PROFIT AND LOSS ACCOUNT SUMMARIES | ||||||||||
FOR THE YEAR ENDED 30/04/2024 | ||||||||||
2024 | 2023 | |||||||||
£ | £ | |||||||||
Cost of sales - purchases: | ||||||||||
Purchases | - | 96 | ||||||||
- | 96 | |||||||||
Interest payable and similar charges: | ||||||||||
Bank interest | ||||||||||
458 | 26,066 | |||||||||
Administrative Expenses: | ||||||||||
Accountancy fees | ||||||||||
Professional fees | ||||||||||
Consultancy fees | ||||||||||
Telephone | ||||||||||
Bank charges | ||||||||||
29,738 | 28,592 | |||||||||
This page does not form part of the Company's Statutory Accounts and is prepared for the information of the Directors only. |