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Company Registration No. 05101195 (England and Wales)
Ease Technology Limited Unaudited accounts for the year ended 30 April 2024
Ease Technology Limited Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,433 
2,149 
Current assets
Debtors
4,951 
10,497 
Cash at bank and in hand
409,163 
339,835 
414,114 
350,332 
Creditors: amounts falling due within one year
(121,480)
(104,391)
Net current assets
292,634 
245,941 
Total assets less current liabilities
294,067 
248,090 
Creditors: amounts falling due after more than one year
(6,786)
(10,850)
Provisions for liabilities
Deferred tax
(272)
- 
Net assets
287,009 
237,240 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
286,909 
237,140 
Shareholders' funds
287,009 
237,240 
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 31 January 2025 and were signed on its behalf by
Jonathan Eftichiou Director Company Registration No. 05101195
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Ease Technology Limited Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
Ease Technology Limited is a private company, limited by shares, registered in England and Wales, registration number 05101195. The registered office is 9 Cox Close, Bidford-On-Avon, Alcester, B50 4EF, England.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Research and development
Expenditure on research and development is written off in the year in which it is incurred.
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:
Fixtures & fittings
3 years
- 3 -
Ease Technology Limited Notes to the Accounts for the year ended 30 April 2024
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 May 2023
2,149 
At 30 April 2024
2,149 
Depreciation
Charge for the year
716 
At 30 April 2024
716 
Net book value
At 30 April 2024
1,433 
At 30 April 2023
2,149 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
5,503 
10,497 
Other debtors
(552)
- 
4,951 
10,497 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
4,200 
4,200 
VAT
9,855 
11,322 
Taxes and social security
19,624 
22,296 
Loans from directors
86,671 
66,073 
Accruals
1,130 
500 
121,480 
104,391 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
6,786 
10,850 
8
Deferred taxation
2024 
2023 
£ 
£ 
Accelerated capital allowances
272 
- 
2024 
2023 
£ 
£ 
Charged to the profit and loss account
272 
- 
Provision at end of year
272 
- 
- 4 -
Ease Technology Limited Notes to the Accounts for the year ended 30 April 2024
9
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
10
Average number of employees
During the year the average number of employees was 3 (2023: 3).
- 5 -