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REGISTERED NUMBER: 11324929 (England and Wales)









UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 APRIL 2023 TO 30 SEPTEMBER 2024

FOR

ETHELBERT SERVICES LIMITED

ETHELBERT SERVICES LIMITED (REGISTERED NUMBER: 11324929)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 APRIL 2023 TO 30 SEPTEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ETHELBERT SERVICES LIMITED

COMPANY INFORMATION
FOR THE PERIOD 1 APRIL 2023 TO 30 SEPTEMBER 2024







DIRECTORS: D Leach
G Leach





REGISTERED OFFICE: 4th Floor Tuition House
27-37 St George's Road
Wimbledon
London
SW19 4EU





REGISTERED NUMBER: 11324929 (England and Wales)





ACCOUNTANTS: Hartley Fowler LLP
Chartered Accountants
4th Floor Tuition House
27-37 St George's Road
Wimbledon
London
SW19 4EU

ETHELBERT SERVICES LIMITED (REGISTERED NUMBER: 11324929)

BALANCE SHEET
30 SEPTEMBER 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 - 32,500
Tangible assets 5 121,758 56,468
121,758 88,968

CURRENT ASSETS
Debtors 6 456,574 481,002
Cash at bank 122,242 2,458
578,816 483,460
CREDITORS
Amounts falling due within one year 7 179,555 116,344
NET CURRENT ASSETS 399,261 367,116
TOTAL ASSETS LESS CURRENT
LIABILITIES

521,019

456,084

CREDITORS
Amounts falling due after more than one
year

8

(61,152

)

(37,323

)

PROVISIONS FOR LIABILITIES 9 (20,654 ) -
NET ASSETS 439,213 418,761

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 439,113 418,661
439,213 418,761

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

ETHELBERT SERVICES LIMITED (REGISTERED NUMBER: 11324929)

BALANCE SHEET - continued
30 SEPTEMBER 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 May 2025 and were signed on its behalf by:





D Leach - Director


ETHELBERT SERVICES LIMITED (REGISTERED NUMBER: 11324929)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 APRIL 2023 TO 30 SEPTEMBER 2024


1. STATUTORY INFORMATION

Ethelbert Services Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of five years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Improvements to property - 5% on cost
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 20% on cost
Computer equipment - 20% on cost

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

ETHELBERT SERVICES LIMITED (REGISTERED NUMBER: 11324929)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 APRIL 2023 TO 30 SEPTEMBER 2024


2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Debtors and creditors receivable/payable within one year
Debtors and creditors with no stated interest rate and receivables or payables within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Impairment
Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 5 (2023 - 4 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 April 2023
and 30 September 2024 130,000
AMORTISATION
At 1 April 2023 97,500
Charge for period 32,500
At 30 September 2024 130,000
NET BOOK VALUE
At 30 September 2024 -
At 31 March 2023 32,500

ETHELBERT SERVICES LIMITED (REGISTERED NUMBER: 11324929)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 APRIL 2023 TO 30 SEPTEMBER 2024


5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and Computer
property machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1 April 2023 - 63,282 1,366 5,884 70,532
Additions 36,488 72,346 - - 108,834
Disposals - (17,440 ) - - (17,440 )
At 30 September 2024 36,488 118,188 1,366 5,884 161,926
DEPRECIATION
At 1 April 2023 - 9,393 965 3,706 14,064
Charge for period - 30,423 369 891 31,683
Eliminated on disposal - (5,579 ) - - (5,579 )
At 30 September 2024 - 34,237 1,334 4,597 40,168
NET BOOK VALUE
At 30 September 2024 36,488 83,951 32 1,287 121,758
At 31 March 2023 - 53,889 401 2,178 56,468

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and
machinery
£   
COST
At 1 April 2023
and 30 September 2024 43,950
DEPRECIATION
At 1 April 2023 916
Charge for period 24,035
At 30 September 2024 24,951
NET BOOK VALUE
At 30 September 2024 18,999
At 31 March 2023 43,034

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 8,601
Other debtors 456,574 472,401
456,574 481,002

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 7,841 1,827
Taxation and social security 168,855 108,916
Other creditors 2,859 5,601
179,555 116,344

ETHELBERT SERVICES LIMITED (REGISTERED NUMBER: 11324929)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 APRIL 2023 TO 30 SEPTEMBER 2024


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 61,152 37,323

9. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 20,654 -

Deferred
tax
£   
Provided during period 20,654
Balance at 30 September 2024 20,654

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date the directors owed the company £402,865 (2023- £430,534). The loan owed to company bears interest at 2.25% (2023: 2%), is not secured and there are no repayment terms.