1 September 2023 false No description of principal activity Taxfiler 2024.6 04250830 business:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 04250830 2023-08-31 04250830 2023-09-01 2024-08-31 04250830 business:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 04250830 business:FilletedAccounts 2023-09-01 2024-08-31 04250830 2024-08-31 04250830 business:Director1 2023-09-01 2024-08-31 04250830 business:Director2 2023-09-01 2024-08-31 04250830 business:Director3 2023-09-01 2024-08-31 04250830 business:RegisteredOffice 2023-09-01 2024-08-31 04250830 2023-08-31 04250830 core:WithinOneYear 2024-08-31 04250830 core:WithinOneYear 2023-08-31 04250830 core:AfterOneYear 2024-08-31 04250830 core:AfterOneYear 2023-08-31 04250830 core:ShareCapital core:PreviouslyStatedAmount 2024-08-31 04250830 core:ShareCapital core:PreviouslyStatedAmount 2023-08-31 04250830 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-08-31 04250830 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2023-08-31 04250830 core:PreviouslyStatedAmount 2024-08-31 04250830 core:PreviouslyStatedAmount 2023-08-31 04250830 business:SmallEntities 2023-09-01 2024-08-31 04250830 countries:EnglandWales 2023-09-01 2024-08-31 04250830 core:PlantMachinery 2023-09-01 2024-08-31 04250830 core:ComputerEquipment 2023-09-01 2024-08-31 04250830 core:PlantMachinery 2023-08-31 04250830 core:ComputerEquipment 2023-08-31 04250830 core:PlantMachinery 2024-08-31 04250830 core:ComputerEquipment 2024-08-31 04250830 2022-09-01 2023-08-31 iso4217:GBP xbrli:pure
Company Registration No. 04250830 (England and Wales)
Easyline Communications Limited Unaudited accounts for the year ended 31 August 2024
Easyline Communications Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Easyline Communications Limited Company Information for the year ended 31 August 2024
Directors
C W Jackson N Jackson Mrs D K Jackson
Company Number
04250830 (England and Wales)
Registered Office
3 Lane Close Broadbridge Heath Horsham West Sussex RH12 3UF
Accountants
G Schulz & Company Ltd Chartered Management Accountants G W Schulz FCMA CGMA 3 Lane Close Horsham, West Sussex RH12 3UF
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Easyline Communications Limited Statement of financial position as at 31 August 2024
2024
2023
Notes
£
£
Fixed assets
Tangible assets
4
5
5
Current assets
Debtors
5
392
2,866
Cash at bank and in hand
28,909
17,439
29,301
20,305
Creditors: amounts falling due within one year
6
(9,485)
(8,799)
Net current assets
19,816
11,506
Total assets less current liabilities
19,821
11,511
Creditors: amounts falling due after more than one year
7
(83,250)
(83,250)
Net liabilities
(63,429)
(71,739)
Capital and reserves
Called up share capital
200
200
Profit and loss account
(63,629)
(71,939)
Shareholders' funds
(63,429)
(71,739)
For the year ending 31 August 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 15 May 2025 and were signed on its behalf by
C W Jackson Director Company Registration No. 04250830
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Easyline Communications Limited Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
Easyline Communications Limited is a private company, limited by shares, registered in England and Wales, registration number 04250830. The registered office is 3 Lane Close, Broadbridge Heath, Horsham, West Sussex, RH12 3UF.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% on reducing balance
Computer equipment
33% on reducing balance
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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Easyline Communications Limited Notes to the Accounts for the year ended 31 August 2024
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 September 2023
316
2,561
2,877
At 31 August 2024
316
2,561
2,877
Depreciation
At 1 September 2023
315
2,557
2,872
At 31 August 2024
315
2,557
2,872
Net book value
At 31 August 2024
1
4
5
At 31 August 2023
1
4
5
5
Debtors
2024
2023
£
£
Amounts falling due within one year
Trade debtors
392
2,866
6
Creditors: amounts falling due within one year
2024
2023
£
£
VAT
1,860
1,263
Taxes and social security
1,991
-
Other creditors
1,819
2,070
Loans from directors
3,465
5,116
Accruals
350
350
9,485
8,799
7
Creditors: amounts falling due after more than one year
2024
2023
£
£
Other creditors
83,250
83,250
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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