Egolinsky Limited
Unaudited Financial Statements
For the year ended 31 August 2024
Pages for Filing with Registrar
Company Registration No. 09189334 (England and Wales)
Egolinsky Limited
Company Information
Director
Mr E M Lynne
Company number
09189334
Registered office
Charlotte Building
17 Gresse Street
London
W1T 1QL
Accountants
Moore Kingston Smith LLP
Charlotte Building
17 Gresse Street
London
W1T 1QL
Business address
Charlotte Building
17 Gresse Street
London
W1T 1QL
Egolinsky Limited
Contents
Page
Balance sheet
1
Notes to the financial statements
2 - 4
Egolinsky Limited
Balance Sheet
As at 31 August 2024
Page 1
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
3
-
0
558
Current assets
Debtors
4
12,697
7,570
Cash at bank and in hand
172,586
229,982
185,283
237,552
Creditors: amounts falling due within one year
5
(5,210)
(2,520)
Net current assets
180,073
235,032
Total assets less current liabilities
180,073
235,590
Capital and reserves
Called up share capital
6
1
1
Profit and loss reserves
180,072
235,589
Total equity
180,073
235,590

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

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

The financial statements were approved and signed by the director and authorised for issue on 2 June 2025
Mr E M Lynne
Director
Company Registration No. 09189334
Egolinsky Limited
Notes to the Financial Statements
For the year ended 31 August 2024
Page 2
1
Accounting policies
Company information

Egolinsky Limited is a private company limited by shares incorporated in England and Wales. The registered office is Charlotte Building, 17 Gresse Street, London, W1T 1QL.

1.1
Accounting convention

These financial statements have been prepared in accordance with Section 1A of FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

These financial statements are prepared on a going concern basis. The director believes that the company will have sufficient funds to settle all of its liabilities as they fall due for at least 12 months from signing the accounts.true

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and machinery
33% straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Cash at bank and in hand

Cash at bank and in hand are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less.

1.5
Financial instruments

The company only has basic financial instruments measured at amortised cost, with no financial instruments classified as other or basic instruments measured at fair value.

1.6
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

Changes in the fair value of derivatives that are designated and qualify as fair value hedges are recognised in profit or loss immediately, together with any changes in the fair value of the hedged asset or liability that are attributable to the hedged risk.

Egolinsky Limited
Notes to the Financial Statements (Continued)
For the year ended 31 August 2024
1
Accounting policies
(Continued)
Page 3
1.7
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

 

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

 

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was 1 (2023 - 1).

2024
2023
Number
Number
Total
1
1
3
Tangible fixed assets
Total
£
Cost
At 1 September 2023 and 31 August 2024
4,238
Depreciation and impairment
At 1 September 2023
3,680
Depreciation charged in the year
558
At 31 August 2024
4,238
Carrying amount
At 31 August 2024
-
0
At 31 August 2023
558
4
Debtors
2024
2023
Amounts falling due within one year:
£
£
Other debtors
12,697
7,570
Egolinsky Limited
Notes to the Financial Statements (Continued)
For the year ended 31 August 2024
Page 4
5
Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
2,460
-
0
Accruals and deferred income
2,750
2,520
5,210
2,520
6
Called up share capital
2024
2023
2024
2023
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary share of £1 each
1
1
1
1
7
Related party transactions

At the year end £11,702 (2023: £6,754) was owed by E Lynne, the company's director, to the company. Interest is charged on this amount at a commercial rate. The amount is included in other debtors.

8
Controlling party

E Lynne is the ultimate controlling party by virtue of his majority shareholding in the company.

 

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