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REGISTERED NUMBER: 13651429 (England and Wales)















Financial Statements for the Year Ended 31 August 2024

for

Ersey Limited

Ersey Limited (Registered number: 13651429)






Contents of the Financial Statements
for the Year Ended 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Ersey Limited

Company Information
for the Year Ended 31 August 2024







DIRECTORS: E Kuran
Mrs S Temel





REGISTERED OFFICE: 48 Stround Crescent
Putney
London
SW15 3EJ





REGISTERED NUMBER: 13651429 (England and Wales)





ACCOUNTANTS: Musalar & Co Accountants
International Accountant &Tax Consultant
FAIA, FFA, FIPA,,FFTA
536 Lordship Lane
London
N22 5BY

Ersey Limited (Registered number: 13651429)

Balance Sheet
31 August 2024

31.8.24 31.8.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 2,592 2,059

CURRENT ASSETS
Stocks 5 31,575 30,000
Debtors 6 53,747 38,162
Cash at bank 16,835 81,702
102,157 149,864
CREDITORS
Amounts falling due within one year 7 12,168 45,056
NET CURRENT ASSETS 89,989 104,808
TOTAL ASSETS LESS CURRENT
LIABILITIES

92,581

106,867

CAPITAL AND RESERVES
Called up share capital 8 1,000 1,000
Retained earnings 9 91,581 105,867
SHAREHOLDERS' FUNDS 92,581 106,867

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

Ersey Limited (Registered number: 13651429)

Balance Sheet - continued
31 August 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 14 April 2025 and were signed on its behalf by:





Mrs S Temel - Director


Ersey Limited (Registered number: 13651429)

Notes to the Financial Statements
for the Year Ended 31 August 2024

1. STATUTORY INFORMATION

Ersey 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.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year 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 year 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
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Ersey Limited (Registered number: 13651429)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 September 2023 2,837
Additions 1,376
At 31 August 2024 4,213
DEPRECIATION
At 1 September 2023 778
Charge for year 843
At 31 August 2024 1,621
NET BOOK VALUE
At 31 August 2024 2,592
At 31 August 2023 2,059

5. STOCKS
31.8.24 31.8.23
£    £   
Stocks 31,575 30,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade debtors 53,511 38,162
Other debtors 236 -
53,747 38,162

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade creditors - 2,295
Tax 9,264 26,631
VAT 2,904 16,130
12,168 45,056

Ersey Limited (Registered number: 13651429)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.8.24 31.8.23
value: £    £   
1,000 Ordinary shares class A 1.00 1,000 1,000

9. RESERVES
Retained
earnings
£   

At 1 September 2023 105,867
Profit for the year 39,762
Dividends (54,048 )
At 31 August 2024 91,581