Company Registration No. 10705383 (England and Wales)
Eru Electrics Ltd
Unaudited accounts
for the year ended 30 April 2024
Eru Electrics Ltd
Unaudited accounts
Contents
Eru Electrics Ltd
Company Information
for the year ended 30 April 2024
Director
Mr G Papachristodoulou
Company Number
10705383 (England and Wales)
Registered Office
Unit 4B, Ashford House
Beaufort Court,
Sir Thomas Longley Road,
Rochester
Kent
ME2 4FA
United Kingdom
Eru Electrics Ltd
Statement of financial position
as at 30 April 2024
Tangible assets
10,183
139
Cash at bank and in hand
4,405
5,219
Creditors: amounts falling due within one year
(31,525)
(20,910)
Net current liabilities
(10,123)
(120)
Called up share capital
1
1
Profit and loss account
59
18
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 director acknowledges his 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 and authorised for issue on 21 January 2025 and were signed on its behalf by
Mr G Papachristodoulou
Director
Company Registration No. 10705383
Eru Electrics Ltd
Notes to the Accounts
for the year ended 30 April 2024
Eru Electrics Ltd is a private company, limited by shares, registered in England and Wales, registration number 10705383. The registered office is Unit 4B, Ashford House, Beaufort Court,, Sir Thomas Longley Road,, Rochester, Kent, ME2 4FA, 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:
Motor vehicles
4 years straight line
Computer equipment
4 years straight line
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 May 2023
2,995
908
3,903
At 30 April 2024
16,573
908
17,481
At 1 May 2023
2,996
768
3,764
Charge for the year
3,395
139
3,534
At 30 April 2024
6,391
907
7,298
At 30 April 2024
10,182
1
10,183
At 30 April 2023
(1)
140
139
Eru Electrics Ltd
Notes to the Accounts
for the year ended 30 April 2024
Amounts falling due within one year
Other debtors
15,617
13,924
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
27,312
22,861
Obligations under finance leases and hire purchase contracts
12,114
-
Taxes and social security
38,371
27,799
Loans from directors
(46,272)
(39,501)
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).