Company Registration No. 11660155 (England and Wales)
ELECTRIC INK (LEEDS) LTD
Unaudited accounts
for the year ended 30 November 2024
ELECTRIC INK (LEEDS) LTD
Unaudited accounts
Contents
ELECTRIC INK (LEEDS) LTD
Company Information
for the year ended 30 November 2024
Company Number
11660155 (England and Wales)
Registered Office
66b Low Street
Sherbun In Elmet
LS25 6BA
ENGLAND
ELECTRIC INK (LEEDS) LTD
Statement of financial position
as at 30 November 2024
Tangible assets
60,985
14,646
Cash at bank and in hand
941
15,038
Creditors: amounts falling due within one year
(12,800)
5,205
Net current (liabilities)/assets
(10,968)
21,570
Total assets less current liabilities
50,017
36,216
Creditors: amounts falling due after more than one year
(11,262)
(13,973)
Called up share capital
1
1
Profit and loss account
38,754
22,242
Shareholders' funds
38,755
22,243
For the year ending 30 November 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 10 March 2025 and were signed on its behalf by
Matt Talbot
Director
Company Registration No. 11660155
ELECTRIC INK (LEEDS) LTD
Notes to the Accounts
for the year ended 30 November 2024
ELECTRIC INK (LEEDS) LTD is a private company, limited by shares, registered in England and Wales, registration number 11660155. The registered office is 66b Low Street, Sherbun In Elmet, LS25 6BA, 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.
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.
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.
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:
Government grants in relation to local authority grant are credited to profit and loss account , whereas those in relation to expenditure are charged to profit and loss.
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 December 2023
-
24,630
24,630
At 30 November 2024
50,000
24,630
74,630
At 1 December 2023
-
9,984
9,984
Charge for the year
-
3,661
3,661
At 30 November 2024
-
13,645
13,645
At 30 November 2024
50,000
10,985
60,985
At 30 November 2023
-
14,646
14,646
ELECTRIC INK (LEEDS) LTD
Notes to the Accounts
for the year ended 30 November 2024
Amounts falling due within one year
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
11,000
73
Loans from directors
-
(6,749)
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).