Registered number
14673069
Eddys Concept Solutions Services Limited
Filleted Accounts
28 February 2025
Eddys Concept Solutions Services Limited
Registered number: 14673069
Balance Sheet
as at 28 February 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 3 12,114 1,035
Current assets
Debtors 4 4,447 -
Cash at bank and in hand 17,492 1,486
21,939 1,486
Creditors: amounts falling due within one year 5 (15,130) (1,622)
Net current assets/(liabilities) 6,809 (136)
Total assets less current liabilities 18,923 899
Creditors: amounts falling due after more than one year 6 (17,294) -
Net assets 1,629 899
Capital and reserves
Called up share capital 1 1
Profit and loss account 1,628 898
Shareholders' funds 1,629 899
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Olawale Idris Bello
Director
Approved by the board on 8 May 2025
Eddys Concept Solutions Services Limited
Notes to the Accounts
for the year ended 28 February 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts. Turnover includes revenue earned from the 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.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery 10% RBM
Motor Vehicles over 5 years
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 0 0
3 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 March 2024 1,150 - 1,150
Additions - 13,979 13,979
At 28 February 2025 1,150 13,979 15,129
Depreciation
At 1 March 2024 115 - 115
Charge for the year 104 2,796 2,900
At 28 February 2025 219 2,796 3,015
Net book value
At 28 February 2025 931 11,183 12,114
At 29 February 2024 1,035 - 1,035
4 Debtors 2025 2024
£ £
Other debtors 4,447 -
5 Creditors: amounts falling due within one year 2025 2024
£ £
Bank loans and overdrafts 885 -
Trade creditors 700 600
Taxation and social security costs 3,549 1,020
Other creditors 9,996 2
15,130 1,622
6 Creditors: amounts falling due after one year 2025 2024
£ £
Obligations under finance lease and hire purchase contracts 16,142 -
Other creditors 1,152 -
17,294 -
7 Other information
Eddys Concept Solutions Services Limited is a private company limited by shares and incorporated in England. Its registered office is:
13 Aldington Close
Dagenham
England
RM8 1YQ
Eddys Concept Solutions Services Limited 14673069 false 2024-03-01 2025-02-28 2025-02-28 VT Final Accounts April 2024 Olawale Idris Bello No description of principal activity 14673069 2023-03-01 2024-02-29 14673069 core:WithinOneYear 2024-02-29 14673069 core:AfterOneYear 2024-02-29 14673069 core:ShareCapital 2024-02-29 14673069 core:RetainedEarningsAccumulatedLosses 2024-02-29 14673069 2024-03-01 2025-02-28 14673069 bus:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 14673069 bus:AuditExemptWithAccountantsReport 2024-03-01 2025-02-28 14673069 bus:Director40 2024-03-01 2025-02-28 14673069 1 2024-03-01 2025-02-28 14673069 2 2024-03-01 2025-02-28 14673069 core:PlantMachinery 2024-03-01 2025-02-28 14673069 core:Vehicles 2024-03-01 2025-02-28 14673069 countries:England 2024-03-01 2025-02-28 14673069 bus:FRS102 2024-03-01 2025-02-28 14673069 bus:FilletedAccounts 2024-03-01 2025-02-28 14673069 2025-02-28 14673069 core:WithinOneYear 2025-02-28 14673069 core:AfterOneYear 2025-02-28 14673069 core:ShareCapital 2025-02-28 14673069 core:RetainedEarningsAccumulatedLosses 2025-02-28 14673069 core:PlantMachinery 2025-02-28 14673069 core:Vehicles 2025-02-28 14673069 2024-02-29 14673069 core:PlantMachinery 2024-02-29 14673069 core:Vehicles 2024-02-29 iso4217:GBP xbrli:pure