1 false false false false false false false false false false true false false false false false false No description of principal activity 2023-07-01 Sage Accounts Production Advanced 2023 - FRS102_2023 6,000 6,000 6,000 6,000 xbrli:pure xbrli:shares iso4217:GBP 04464296 2023-07-01 2024-06-30 04464296 2024-06-30 04464296 2023-06-30 04464296 2022-07-01 2023-06-30 04464296 2023-06-30 04464296 2022-06-30 04464296 core:FurnitureFittings 2023-07-01 2024-06-30 04464296 bus:Director1 2023-07-01 2024-06-30 04464296 core:NetGoodwill 2023-06-30 04464296 core:FurnitureFittings 2023-06-30 04464296 core:FurnitureFittings 2024-06-30 04464296 core:WithinOneYear 2024-06-30 04464296 core:WithinOneYear 2023-06-30 04464296 core:ShareCapital 2024-06-30 04464296 core:ShareCapital 2023-06-30 04464296 core:RetainedEarningsAccumulatedLosses 2024-06-30 04464296 core:RetainedEarningsAccumulatedLosses 2023-06-30 04464296 core:NetGoodwill 2023-07-01 2024-06-30 04464296 core:FurnitureFittings 2023-06-30 04464296 bus:Director1 2024-06-30 04464296 bus:SmallEntities 2023-07-01 2024-06-30 04464296 bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 04464296 bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 04464296 bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 04464296 bus:FullAccounts 2023-07-01 2024-06-30 04464296 core:ComputerEquipment 2023-07-01 2024-06-30 04464296 core:ComputerEquipment 2023-06-30 04464296 core:ComputerEquipment 2024-06-30
COMPANY REGISTRATION NUMBER: 04464296
ELECTRONIC ARCHITECTURE LIMITED
FILLETED UNAUDITED FINANCIAL STATEMENTS
30 June 2024
ELECTRONIC ARCHITECTURE LIMITED
STATEMENT OF FINANCIAL POSITION
30 June 2024
2024
2023
Note
£
£
£
£
FIXED ASSETS
Tangible assets
6
19,014
21,399
CURRENT ASSETS
Debtors
7
47,262
44,092
Cash at bank and in hand
157,317
101,137
---------
---------
204,579
145,229
CREDITORS: amounts falling due within one year
8
35,400
18,725
---------
---------
NET CURRENT ASSETS
169,179
126,504
---------
---------
TOTAL ASSETS LESS CURRENT LIABILITIES
188,193
147,903
PROVISIONS
4,152
5,350
---------
---------
NET ASSETS
184,041
142,553
---------
---------
CAPITAL AND RESERVES
Called up share capital
100
100
Profit and loss account
183,941
142,453
---------
---------
SHAREHOLDERS FUNDS
184,041
142,553
---------
---------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the 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.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
ELECTRONIC ARCHITECTURE LIMITED
STATEMENT OF FINANCIAL POSITION (continued)
30 June 2024
These financial statements were approved by the board of directors and authorised for issue on 27 March 2025 , and are signed on behalf of the board by:
G C Everitt
Director
Company registration number: 04464296
ELECTRONIC ARCHITECTURE LIMITED
NOTES TO THE FINANCIAL STATEMENTS
Year ended 30 June 2024
1. GENERAL INFORMATION
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Third Floor, Regent House, Bath Avenue, Wolverhampton, WV1 4EG, England.
2. STATEMENT OF COMPLIANCE
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. ACCOUNTING POLICIES
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of discounts and of Value Added Tax.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Fixtures and fittings
-
25% reducing balance
Computer equipment
-
25% straight line
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided.
4. EMPLOYEE NUMBERS
The average number of persons employed by the company during the year amounted to 1 (2023: 1 ).
5. INTANGIBLE ASSETS
Goodwill
£
Cost
At 1 July 2023
6,000
Additions
Other movements
( 6,000)
-------
At 30 June 2024
-------
Amortisation
At 1 July 2023
6,000
Charge for the year
Other movements
( 6,000)
-------
At 30 June 2024
-------
Carrying amount
At 30 June 2024
-------
At 30 June 2023
-------
6. TANGIBLE ASSETS
Fixtures and fittings
Computer equipment
Total
£
£
£
Cost
At 1 July 2023
3,841
150,802
154,643
Additions
6,463
6,463
-------
---------
---------
At 30 June 2024
3,841
157,265
161,106
-------
---------
---------
Depreciation
At 1 July 2023
3,765
129,479
133,244
Charge for the year
19
8,829
8,848
-------
---------
---------
At 30 June 2024
3,784
138,308
142,092
-------
---------
---------
Carrying amount
At 30 June 2024
57
18,957
19,014
-------
---------
---------
At 30 June 2023
76
21,323
21,399
-------
---------
---------
7. DEBTORS
2024
2023
£
£
Trade debtors
25,085
25,010
Other debtors
22,177
19,082
--------
--------
47,262
44,092
--------
--------
8. CREDITORS: amounts falling due within one year
2024
2023
£
£
Trade creditors
3,342
1,571
Corporation tax
17,571
12,996
Social security and other taxes
11,487
53
Other creditors
3,000
4,105
--------
--------
35,400
18,725
--------
--------
9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES
During the year the director entered into the following advances and credits with the company:
2024
Balance brought forward
Advances/ (credits) to the director
Amounts repaid
Balance outstanding
£
£
£
£
G C Everitt
29,558
( 20,000)
9,558
----
--------
--------
-------
2023
Balance brought forward
Advances/ (credits) to the director
Amounts repaid
Balance outstanding
£
£
£
£
G C Everitt
----
----
----
----
Loans to the director are repayable on demand. Interest is charged to the director at HM Revenue & Customs official rates for beneficial loans.