Silverfin false false 30/06/2024 01/07/2023 30/06/2024 Mr E C Bowcott 24/06/2014 Mrs C T Bowcott 31/03/2016 14 March 2025 The principal activity of the company during the financial year was the provision of storage facilities and the management and supervision of such facilities. 09100591 2024-06-30 09100591 bus:Director1 2024-06-30 09100591 bus:Director2 2024-06-30 09100591 2023-06-30 09100591 core:CurrentFinancialInstruments 2024-06-30 09100591 core:CurrentFinancialInstruments 2023-06-30 09100591 core:ShareCapital 2024-06-30 09100591 core:ShareCapital 2023-06-30 09100591 core:RetainedEarningsAccumulatedLosses 2024-06-30 09100591 core:RetainedEarningsAccumulatedLosses 2023-06-30 09100591 core:FurnitureFittings 2023-06-30 09100591 core:FurnitureFittings 2024-06-30 09100591 bus:OrdinaryShareClass1 2024-06-30 09100591 2023-07-01 2024-06-30 09100591 bus:FilletedAccounts 2023-07-01 2024-06-30 09100591 bus:SmallEntities 2023-07-01 2024-06-30 09100591 bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 09100591 bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 09100591 bus:Director1 2023-07-01 2024-06-30 09100591 bus:Director2 2023-07-01 2024-06-30 09100591 core:FurnitureFittings 2023-07-01 2024-06-30 09100591 2022-07-01 2023-06-30 09100591 bus:OrdinaryShareClass1 2023-07-01 2024-06-30 09100591 bus:OrdinaryShareClass1 2022-07-01 2023-06-30 iso4217:GBP xbrli:pure xbrli:shares

Company No: 09100591 (England and Wales)

21E LIMITED

Unaudited Financial Statements
For the financial year ended 30 June 2024
Pages for filing with the registrar

21E LIMITED

Unaudited Financial Statements

For the financial year ended 30 June 2024

Contents

21E LIMITED

BALANCE SHEET

As at 30 June 2024
21E LIMITED

BALANCE SHEET (continued)

As at 30 June 2024
Note 2024 2023
£ £
Fixed assets
Tangible assets 3 916 1,224
916 1,224
Current assets
Debtors 4 15,692 18,562
Cash at bank and in hand 1,655 17,553
17,347 36,115
Creditors: amounts falling due within one year 5 ( 12,348) ( 17,854)
Net current assets 4,999 18,261
Total assets less current liabilities 5,915 19,485
Net assets 5,915 19,485
Capital and reserves
Called-up share capital 6 100 100
Profit and loss account 5,815 19,385
Total shareholders' funds 5,915 19,485

For the financial year ending 30 June 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

These financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A – small entities. The financial statements of 21E Limited (registered number: 09100591) were approved and authorised for issue by the Board of Directors on 14 March 2025. They were signed on its behalf by:

Mr E C Bowcott
Director
21E LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 June 2024
21E LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 June 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

21E Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Sigma House Oak View Close, Edginswell Park, Torquay, TQ2 7FF, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors note that the business has net assets of £5,915. The Company is supported through loans from the directors. The directors have confirmed that the loan facilities will continue to be available for at least 12 months from the date of signing these financial statements and the directors will continue to support the Company. Given the current position, the directors believe that any foreseeable debts can be met for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Revenue from services is recognised as they are delivered.

Taxation

Current tax
Current tax is provided at amounts expected to be paid using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a reducing balance basis over its expected useful life, as follows:

Fixtures and fittings 25 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including directors 0 2

3. Tangible assets

Fixtures and fittings Total
£ £
Cost
At 01 July 2023 5,219 5,219
At 30 June 2024 5,219 5,219
Accumulated depreciation
At 01 July 2023 3,995 3,995
Charge for the financial year 308 308
At 30 June 2024 4,303 4,303
Net book value
At 30 June 2024 916 916
At 30 June 2023 1,224 1,224

4. Debtors

2024 2023
£ £
Trade debtors 7,735 5,959
Other debtors 7,957 12,603
15,692 18,562

5. Creditors: amounts falling due within one year

2024 2023
£ £
Corporation tax 1,441 4,949
Other creditors 10,907 12,905
12,348 17,854

6. Called-up share capital

2024 2023
£ £
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each 100 100