Acorah Software Products - Accounts Production 16.3.350 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 01304178 Mr J Fiedorowicz Mrs M Fiedorowicz true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 01304178 2023-12-31 01304178 2024-12-31 01304178 2024-01-01 2024-12-31 01304178 frs-core:CurrentFinancialInstruments 2024-12-31 01304178 frs-core:FurnitureFittings 2024-01-01 2024-12-31 01304178 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-12-31 01304178 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2024-01-01 2024-12-31 01304178 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-12-31 01304178 frs-core:MotorVehicles 2024-01-01 2024-12-31 01304178 frs-core:PlantMachinery 2024-01-01 2024-12-31 01304178 frs-core:ShareCapital 2024-12-31 01304178 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 01304178 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 01304178 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 01304178 frs-bus:SmallEntities 2024-01-01 2024-12-31 01304178 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 01304178 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 01304178 1 2024-01-01 2024-12-31 01304178 frs-bus:Director1 2024-01-01 2024-12-31 01304178 frs-bus:Director2 2024-01-01 2024-12-31 01304178 frs-countries:EnglandWales 2024-01-01 2024-12-31 01304178 2022-12-31 01304178 2023-12-31 01304178 2023-01-01 2023-12-31 01304178 frs-core:CurrentFinancialInstruments 2023-12-31 01304178 frs-core:ShareCapital 2023-12-31 01304178 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 01304178
Electric Engineering Co. Ltd
Unaudited Financial Statements
For The Year Ended 31 December 2024
Modus Accountants Ltd
Unit 1c Church Green
Witney
OX28 4YR
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 01304178
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 316,836 333,512
316,836 333,512
CURRENT ASSETS
Debtors 5 - 72
Cash at bank and in hand 11,591 11,012
11,591 11,084
Creditors: Amounts Falling Due Within One Year 6 (11,656 ) (11,747 )
NET CURRENT ASSETS (LIABILITIES) (65 ) (663 )
TOTAL ASSETS LESS CURRENT LIABILITIES 316,771 332,849
NET ASSETS 316,771 332,849
CAPITAL AND RESERVES
Called up share capital 7 10,000 10,000
Profit and Loss Account 306,771 322,849
SHAREHOLDERS' FUNDS 316,771 332,849
For the year ending 31 December 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 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr J Fiedorowicz
Director
15 April 2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Electric Engineering Co. Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 1304178. The registered office is Unit 1c Eagle Industrial Estate, Church Green, Witney, Oxfordshire, United Kingdom, OX28 4YR .
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Leasehold 15% Reducing Balance
Plant & Machinery 15% Reducing Balance
Motor Vehicles 25% Reducing Balance
Fixtures & Fittings 15% Reducing Balance
3. Average Number of Employees
Average number of employees, excluding directors, during the year was: NIL (2023: NIL)
- -
4. Tangible Assets
Land & Property
Leasehold
£
Cost
As at 1 January 2024 1,295,885
As at 31 December 2024 1,295,885
Depreciation
As at 1 January 2024 962,373
Provided during the period 16,676
As at 31 December 2024 979,049
Net Book Value
As at 31 December 2024 316,836
As at 1 January 2024 333,512
Page 2
Page 3
5. Debtors
2024 2023
£ £
Due within one year
Other debtors - 72
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 121 212
Other creditors 11,360 11,535
Taxation and social security 175 -
11,656 11,747
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 10,000 10,000
8. Ultimate Controlling Party
The company's ultimate controlling party is Mr J Fiedorowicz by virtue of his ownership of 95% of the issued share capital in the company.
Page 3