E-ACCOUNTING SOLUTIONS LIMITED

Company Registration Number:
04808929 (England and Wales)

Unaudited abridged accounts for the year ended 30 April 2024

Period of accounts

Start date: 01 May 2023

End date: 30 April 2024

E-ACCOUNTING SOLUTIONS LIMITED

Contents of the Financial Statements

for the Period Ended 30 April 2024

Balance sheet
Notes

E-ACCOUNTING SOLUTIONS LIMITED

Balance sheet

As at 30 April 2024


Notes

2024

2023


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets: 3 0 2,550
Tangible assets: 4 2,354 3,409
Investments: 5 3 3
Total fixed assets: 2,357 5,962
Current assets
Stocks: 0 0
Debtors:   428,247 358,054
Cash at bank and in hand: 385,952 580,505
Investments:   0 0
Total current assets: 814,199 938,559
Creditors: amounts falling due within one year: 6 (797,886) (740,205)
Net current assets (liabilities): 16,313 198,354
Total assets less current liabilities: 18,670 204,316
Creditors: amounts falling due after more than one year: 7 (10,833) (20,833)
Provision for liabilities: 0 0
Total net assets (liabilities): 7,837 183,483
Capital and reserves
Called up share capital: 2 2
Share premium account: 0 0
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: 7,835 183,481
Shareholders funds: 7,837 183,483

The notes form part of these financial statements

E-ACCOUNTING SOLUTIONS LIMITED

Balance sheet statements

For the year ending 30 April 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 31 December 2024
and signed on behalf of the board by:

Name: Mr V P Sheth
Status: Director

The notes form part of these financial statements

E-ACCOUNTING SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets and depreciation policy

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Plant and machinery etc - 33% on cost

Intangible fixed assets and amortisation policy

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. Computer software is being amortised evenly over its estimated useful life of four years.

Other accounting policies

Taxation Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. Current or deferred taxation assets and liabilities are not discounted. Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. Deferred tax Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

E-ACCOUNTING SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

2. Employees

2024 2023
Average number of employees during the period 3 3

E-ACCOUNTING SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

3. Intangible Assets

Total
Cost £
At 01 May 2023 196,383
Additions 0
Disposals 0
Revaluations 0
Transfers 0
At 30 April 2024 196,383
Amortisation
At 01 May 2023 193,833
Charge for year 2,550
On disposals 0
Other adjustments 0
At 30 April 2024 196,383
Net book value
At 30 April 2024 0
At 30 April 2023 2,550

E-ACCOUNTING SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

4. Tangible Assets

Total
Cost £
At 01 May 2023 8,734
Additions 0
Disposals 0
Revaluations 0
Transfers 0
At 30 April 2024 8,734
Depreciation
At 01 May 2023 5,325
Charge for year 1,055
On disposals 0
Other adjustments 0
At 30 April 2024 6,380
Net book value
At 30 April 2024 2,354
At 30 April 2023 3,409

E-ACCOUNTING SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

5. Fixed investments

Cost at 1 May 2023 and 30 April 2024. £3 Net Book Value At 30 April 2024. £3 At 30 April 2023. £3

E-ACCOUNTING SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

6. Creditors: amounts falling due within one year note

30.4.24. 30.4.23 Bank loans and overdrafts. 10,000 10,000 Trade Creditors. 494,164 486,773 Taxation and Social Security. 279,370 230,794 Other Creditors. 14,352 12,638 Total. 797,886 740,205

E-ACCOUNTING SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

7. Creditors: amounts falling due after more than one year note

30.4.24. 30.4.23 £. £ Bank loans. 10,833. 20,833

E-ACCOUNTING SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

8. Related party transactions

The company is controlled by Mr V P Sheth. The company paid the following dividends in the financial reporting periods: 30.4.24 Dividends totalling £480,000 (including a special dividend of £250,000 paid in the year) 30.4.23 Dividends totalling £110,000 These were paid to the controlling shareholder.