2024-02-01 08868903 2025-01-31 08868903 2024-02-01 2025-01-31 08868903 2024-01-31 08868903 2023-02-01 2024-01-31 08868903 uk-core:WithinOneYear 2024-01-31 08868903 uk-core:WithinOneYear 2025-01-31 08868903 uk-core:ShareCapital 2025-01-31 08868903 uk-core:ShareCapital 2024-01-31 08868903 uk-core:RetainedEarningsAccumulatedLosses 2025-01-31 08868903 uk-core:RetainedEarningsAccumulatedLosses 2024-01-31 08868903 uk-bus:Director1 2024-02-01 2025-01-31 08868903 uk-core:OfficeEquipment 2024-02-01 2025-01-31 08868903 uk-core:CommercialMotorVehicles 2024-02-01 2025-01-31 08868903 uk-core:FurnitureFittings 2024-02-01 2025-01-31 08868903 uk-core:OfficeEquipment 2024-01-31 08868903 uk-core:FurnitureFittings 2024-01-31 08868903 uk-core:FurnitureFittings 2025-01-31 08868903 uk-core:OfficeEquipment 2025-01-31 iso4217:GBP xbrli:pure 08868903 uk-bus:AuditExemptWithAccountantsReport 2024-02-01 2025-01-31 08868903 uk-bus:FRS102 2024-02-01 2025-01-31 08868903 uk-bus:FilletedAccounts 2024-02-01 2025-01-31 08868903 uk-bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31
Michael Earle Associates Ltd
Registered Number:08868903
For the year ended 31 January 2025
England and Wales
Unaudited Financial Statements
2
For the year ended 31 January 2025
Michael Earle Associates Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
08868903
As at 31 January 2025
Michael Earle Associates Ltd
Statement of Financial Position
£
£
2024
2025
Notes
Fixed assets
Property, plant and equipment
553
1,084
2
553
1,084
Current assets
Trade and other receivables
65,895
41,271
3
217,390
Cash and cash equivalents
196,375
237,646
283,285
Trade and other payables: amounts falling due within one year
(90,682)
(56,479)
4
192,603
181,167
Net current assets
Total assets less current liabilities
181,720
193,687
181,720
Net assets
193,687
Capital and reserves
Called up share capital
100
100
Retained earnings
181,620
193,587
181,720
193,687
Shareholders' funds
For the year ended 31 January 2025 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 January 2025 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.
Mr Michael Andrew Earle Director
These financial statements were approved and authorised for issue by the Board on 11 March 2025 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 January 2025
Michael Earle Associates Ltd
Notes to the Financial Statements
Statutory Information
Michael Earle Associates Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number
08868903.
Registered address:
Hillcrest
Brighton Road
Handcross
West Sussex
RH17 6BZ
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:
25% Reducing balance
Computer equipment
25% Reducing balance
Motor vehicles
25% Reducing balance
Fixtures and fittings
2. Property, plant and equipment
Total
Computer
equipment
Fixtures and
fittings
£
£
£
Cost or valuation
At 01 February 2024
6,782
4,515
2,267
At 31 January 2025
2,267
4,515
6,782
Provision for depreciation and impairment
At 01 February 2024
5,698
3,558
2,140
Charge for year
531
499
32
At 31 January 2025
6,229
4,057
2,172
At 31 January 2025
Net book value
95
458
553
At 31 January 2024
127
957
1,084
2 of 3
5
For the year ended 31 January 2025
Michael Earle Associates Ltd
Notes to the Financial Statements Continued
3. Trade and other receivables
2024
2025
£
£
Trade debtors
41,271
65,895
4. Trade and other payables: amounts falling due within one year
2024
2025
£
£
Taxation and social security
54,613
63,625
Other creditors
1,866
27,057
56,479
90,682
5. Average number of persons employed
During the year the average number of employees was 1 (2024 : 2)
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