ELECSIS LIMITED

Company Registration Number:
04314228 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

ELECSIS LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

ELECSIS LIMITED

Balance sheet

As at 31 December 2024


Notes

2024

2023


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 435,202 213,657
Investments:   0 0
Total fixed assets: 435,202 213,657
Current assets
Stocks: 724,847 669,437
Debtors:   389,554 476,805
Cash at bank and in hand: 154,272 132,314
Investments:   0 0
Total current assets: 1,268,673 1,278,556
Creditors: amounts falling due within one year:   (1,028,011) (1,217,955)
Net current assets (liabilities): 240,662 60,601
Total assets less current liabilities: 675,864 274,258
Creditors: amounts falling due after more than one year:   (521,324) (320,424)
Total net assets (liabilities): 154,540 (46,166)
Capital and reserves
Called up share capital: 220,000 220,000
Share premium account: 0 0
Revaluation reserve: 00
Other reserves: (266,166) (372,999)
Profit and loss account: 200,706 106,833
Shareholders funds: 154,540 (46,166)

The notes form part of these financial statements

ELECSIS LIMITED

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 19 February 2025
and signed on behalf of the board by:

Name: Christopher Pratt
Status: Director

The notes form part of these financial statements

ELECSIS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

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.

Tangible fixed assets and depreciation policy

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Plant and machinery - 10% on reducing balance on a month to month basis but this has been suspended whilst the value is substantially in excess of book value

Intangible fixed assets and amortisation policy

Not Applicable

Valuation and information policy

Not Applicable

Other accounting policies

Not Applicable

ELECSIS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 2023
Average number of employees during the period 34 32

ELECSIS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible Assets

Total
Cost £
At 01 January 2024 240,748
Additions 221,545
Disposals 0
Revaluations 0
Transfers 0
At 31 December 2024 462,293
Depreciation
At 01 January 2024 27,091
Charge for year 0
On disposals 0
Other adjustments 0
At 31 December 2024 27,091
Net book value
At 31 December 2024 435,202
At 31 December 2023 213,657

ELECSIS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Related party transactions

Name of the related party: KTE Co Ltd
Relationship:
Parent
Description of the Transaction: Sale of Goods and Services
£
Balance at 01 January 2024 242,133
Balance at 31 December 2024 0