2023-09-01 02527103 2024-08-31 02527103 2023-09-01 2024-08-31 02527103 2023-08-31 02527103 2022-09-01 2023-08-31 02527103 uk-core:WithinOneYear 2023-08-31 02527103 uk-core:WithinOneYear 2024-08-31 02527103 uk-core:ShareCapital 2024-08-31 02527103 uk-core:ShareCapital 2023-08-31 02527103 uk-core:RetainedEarningsAccumulatedLosses 2024-08-31 02527103 uk-core:RetainedEarningsAccumulatedLosses 2023-08-31 02527103 uk-bus:Director1 2023-09-01 2024-08-31 02527103 uk-core:PlantMachinery 2023-09-01 2024-08-31 02527103 uk-core:ToolsEquipment 2023-09-01 2024-08-31 02527103 uk-core:CommercialMotorVehicles 2023-09-01 2024-08-31 02527103 uk-core:FurnitureFittings 2023-09-01 2024-08-31 02527103 uk-core:ToolsEquipment 2023-08-31 02527103 uk-core:FurnitureFittings 2023-08-31 02527103 uk-core:CommercialMotorVehicles 2023-08-31 02527103 uk-core:PlantMachinery 2023-08-31 02527103 uk-core:CommercialMotorVehicles 2024-08-31 02527103 uk-core:FurnitureFittings 2024-08-31 02527103 uk-core:ToolsEquipment 2024-08-31 02527103 uk-core:PlantMachinery 2024-08-31 iso4217:GBP xbrli:pure 02527103 uk-bus:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 02527103 uk-bus:FRS102 2023-09-01 2024-08-31 02527103 uk-bus:FilletedAccounts 2023-09-01 2024-08-31 02527103 uk-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31
Earthing Equipment Supplies (Southern) Ltd
Registered Number:02527103
For the year ended 31 August 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 August 2024
Earthing Equipment Supplies (Southern) Ltd
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
02527103
As at 31 August 2024
Earthing Equipment Supplies (Southern) Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
10,084
13,259
2
10,084
13,259
Current assets
Inventories
26,412
26,000
3
Trade and other receivables
60,670
34,556
4
79,793
Cash and cash equivalents
95,782
156,338
166,875
Trade and other payables: amounts falling due within one
year
(66,250)
(52,450)
5
100,625
103,888
Net current assets
Total assets less current liabilities
113,972
113,884
(1,916)
(2,519)
Provisions for liabilities
112,056
Net assets
111,365
Capital and reserves
Called up share capital
100
100
Retained earnings
111,956
111,265
112,056
111,365
Shareholders' funds
For the year ended 31 August 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 of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Michael Dicker Director
These financial statements were approved and authorised for issue by the Board on 27 January 2025 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 August 2024
Earthing Equipment Supplies (Southern) Ltd
Notes to the Financial Statements
Statutory Information
Earthing Equipment Supplies (Southern) Ltd is a private limited company, limited by shares, domiciled in England and
Wales, registration number 02527103.
Registered address:
Lavender House
Church Lane
Arborfield
Berkshire
RG2 9JA
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and machinery
10 Year Straight line
5 Year Straight line
Computer equipment
25% Reducing balance
Motor vehicles
10 Year Straight line
Fixtures and fittings
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term. The finance element of the rental payment is charged to the profit and loss account on a straight line basis.
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5
For the year ended 31 August 2024
Earthing Equipment Supplies (Southern) Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
equipment
Fixtures and
fittings
Motor vehicles
Plant and
machinery
£
£
£
£
£
Cost or
valuation
At 01 September 2023
80,319
226
239
74,875
4,979
-
-
-
(667)
Disposals
(667)
At 31 August 2024
74,875
239
226
79,652
4,312
Provision for depreciation and impairment
At 01 September 2023
67,060
136
116
64,180
2,628
Charge for year
3,175
45
24
2,674
432
(667)
-
-
-
(667)
On disposal
At 31 August 2024
69,568
181
140
66,854
2,393
At 31 August 2024
Net book value
1,919
8,021
99
45
10,084
At 31 August 2023
2,351
10,695
123
90
13,259
3. Inventories
2023
2024
£
£
Stocks
26,000
26,412
4. Trade and other receivables
2023
2024
£
£
Trade debtors
30,754
56,363
Other debtors
3,802
4,307
60,670
34,556
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Trade creditors
10,138
16,070
Taxation and social security
20,445
42,045
Other creditors
21,867
8,135
52,450
66,250
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6
For the year ended 31 August 2024
Earthing Equipment Supplies (Southern) Ltd
Notes to the Financial Statements Continued
6. Guarantees and other financial commitments
7. Average number of persons employed
During the year the average number of employees was 5 (2023 : 7)
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