EPF MANAGEMENT LTD

Company Registration Number:
04459222 (England and Wales)

Unaudited statutory accounts for the year ended 30 June 2024

Period of accounts

Start date: 01 July 2023

End date: 30 June 2024

EPF MANAGEMENT LTD

Contents of the Financial Statements

for the Period Ended 30 June 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

EPF MANAGEMENT LTD

Company Information

for the Period Ended 30 June 2024




Director: Emmanuel Foster
Registered office: International House
10 Beaufort Court
Admirals Way
London
England
E14 9XL
Company Registration Number: 04459222 (England and Wales)

EPF MANAGEMENT LTD

Directors' Report Period Ended 30 June 2024

The directors present their report with the financial statements of the company for the period ended 30 June 2024

Principal Activities

The company’s principal activities continued to be providing Management Consultancy Services within Human Resources Specialism and Sports Athlete Intermediaries

Political and charitable donations

During the year, the company made political contribution of £0 to the 0 parties and various charitable contributions totalling £0.

Directors

The directors shown below have held office during the whole of the period from 01 July 2023 to 30 June 2024
Emmanuel Foster

This report was approved by the board of directors on 12 February 2025
And Signed On Behalf Of The Board By:

Name: Emmanuel Foster
Status: Director

EPF MANAGEMENT LTD

Profit and Loss Account

for the Period Ended 30 June 2024


Notes

2024
£

2023
£
Turnover 32,885 33,335
Gross Profit or (Loss) 32,885 33,335
Administrative Expenses ( 27,013 ) ( 27,466 )
Operating Profit or (Loss) 5,872 5,869
Interest Payable and Similar Charges ( 3,040 ) ( 2,381 )
Profit or (Loss) Before Tax 2,832 3,488
Profit or (Loss) for Period 2,832 3,488

The notes form part of these financial statements

EPF MANAGEMENT LTD

Balance sheet

As at 30 June 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 740 2,747
Total fixed assets: 740 2,747
Current assets
Debtors: 5 805 3,010
Cash at bank and in hand: 218 547
Total current assets: 1,023 3,557
Creditors: amounts falling due within one year: 6 ( 10,397 ) ( 8,154 )
Net current assets (liabilities): ( 9,374 ) ( 4,597 )
Total assets less current liabilities: ( 8,634 ) ( 1,850 )
Creditors: amounts falling due after more than one year: 7 ( 9,791 ) ( 19,407 )
Total net assets (liabilities): ( 18,425 ) ( 21,257 )

The notes form part of these financial statements

EPF MANAGEMENT LTD

Balance sheet continued

As at 30 June 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: ( 18,426 ) ( 21,258 )
Shareholders funds: ( 18,425 ) ( 21,257 )

For the year ending 30 June 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.

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

This report was approved by the board of directors on 12 February 2025
And Signed On Behalf Of The Board By:

Name: Emmanuel Foster
Status: Director

The notes form part of these financial statements

EPF MANAGEMENT LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 1. Accounting policies

    Basis of measurement and preparation

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

    Turnover policy

    Turnover represents net invoiced sales of goods, excluding value added tax.

    Tangible fixed assets depreciation policy

    Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

    Depreciation is provided, after taking account of any grants receivable, at the following annual rates in order to write off each asset over its estimated useful life. Freehold buildings - 2% on cost or revalued amounts, Plant and Machinery - 15% on cost, Office Equipment -20%, Fixtures and fittings - 20% on cost, Motor vehicles - 25% on cost.

    Other accounting policies

    Deferred Taxation Provision is made at the current rates for taxation deferred in respect of all material timing differences except to the extent that, in opinion of the directors, there is reasonable profitability that the liability will not rise in the foreseeable future.

EPF MANAGEMENT LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 1 1

EPF MANAGEMENT LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 3. Off balance sheet disclosure

    No

EPF MANAGEMENT LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

4. Tangible assets

Fixtures & fittings Total
Cost £ £
At 01 July 2023 2,747 2,747
Additions 926 926
Disposals ( 2,747 ) ( 2,747 )
Revaluations - -
Transfers - -
At 30 June 2024 926 926
Depreciation
At 01 July 2023 - -
Charge for year 186 186
On disposals - -
Other adjustments - -
At 30 June 2024 186 186
Net book value
At 30 June 2024 740 740
At 30 June 2023 2,747 2,747

EPF MANAGEMENT LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

5. Debtors


2024
£

2023
£
Trade debtors 805 3,010
Total 805 3,010

EPF MANAGEMENT LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

6.Creditors: amounts falling due within one year note


2024
£

2023
£
Bank loans and overdrafts 7,132 5,803
Other creditors 3,265 2,351
Total 10,397 8,154

EPF MANAGEMENT LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

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


2024
£

2023
£
Bank loans and overdrafts 15,554
Other creditors 9,791 3,853
Total 9,791 19,407

EPF MANAGEMENT LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

8.1. Loans to Directors

Name of director receiving advance or credit: Emmanuel Foster
Description of the transaction:
Loan repayments made to the Director represent funds owed to the Director by the Company for cash introduced to the Company by the Director for day to day running of the Company and purchase of assets where required
Balance at 01 July 2023 ( 3,853 )
Advances or credits made: 3,265
Advances or credits repaid: 12,031
Balance at 30 June 2024 ( 12,619 )

The minus balance taken forward represents the amount owed to the director by the company for operating costs.

No interest shall be accrued by the Company on any loan owed to the Director. Repayment terms will change in every financial year and will be based on the Company's ability to make repayments to the Director.