IRIS Accounts Production v25.1.3.33 03758465 Board of Directors 1.11.23 31.10.24 31.10.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh037584652023-10-31037584652024-10-31037584652023-11-012024-10-31037584652022-10-31037584652022-11-012023-10-31037584652023-10-3103758465ns15:EnglandWales2023-11-012024-10-3103758465ns14:PoundSterling2023-11-012024-10-3103758465ns10:Director12023-11-012024-10-3103758465ns10:PrivateLimitedCompanyLtd2023-11-012024-10-3103758465ns10:SmallEntities2023-11-012024-10-3103758465ns10:AuditExempt-NoAccountantsReport2023-11-012024-10-3103758465ns10:SmallCompaniesRegimeForDirectorsReport2023-11-012024-10-3103758465ns10:SmallCompaniesRegimeForAccounts2023-11-012024-10-3103758465ns10:FullAccounts2023-11-012024-10-310375846512023-11-012024-10-3103758465ns10:Director22023-11-012024-10-3103758465ns10:RegisteredOffice2023-11-012024-10-3103758465ns5:CurrentFinancialInstruments2024-10-3103758465ns5:CurrentFinancialInstruments2023-10-3103758465ns5:ShareCapital2024-10-3103758465ns5:ShareCapital2023-10-3103758465ns5:RetainedEarningsAccumulatedLosses2024-10-3103758465ns5:RetainedEarningsAccumulatedLosses2023-10-3103758465ns5:IntangibleAssetsOtherThanGoodwill2023-11-012024-10-3103758465ns5:DevelopmentCostsCapitalisedDevelopmentExpenditure2023-11-012024-10-3103758465ns5:FurnitureFittings2023-11-012024-10-3103758465ns5:MotorVehicles2023-11-012024-10-3103758465ns5:ComputerEquipment2023-11-012024-10-3103758465ns5:DevelopmentCostsCapitalisedDevelopmentExpenditure2023-10-3103758465ns5:DevelopmentCostsCapitalisedDevelopmentExpenditure2024-10-3103758465ns5:DevelopmentCostsCapitalisedDevelopmentExpenditure2023-10-3103758465ns5:FurnitureFittings2023-10-3103758465ns5:MotorVehicles2023-10-3103758465ns5:ComputerEquipment2023-10-3103758465ns5:FurnitureFittings2024-10-3103758465ns5:MotorVehicles2024-10-3103758465ns5:ComputerEquipment2024-10-3103758465ns5:FurnitureFittings2023-10-3103758465ns5:MotorVehicles2023-10-3103758465ns5:ComputerEquipment2023-10-3103758465ns5:WithinOneYearns5:CurrentFinancialInstruments2024-10-3103758465ns5:WithinOneYearns5:CurrentFinancialInstruments2023-10-31037584651ns10:Director12023-10-31037584651ns10:Director12022-10-31037584651ns10:Director12023-11-012024-10-31037584651ns10:Director12022-11-012023-10-31037584651ns10:Director12024-10-31037584651ns10:Director12023-10-31
REGISTERED NUMBER: 03758465 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31 October 2024

for

Ei World Limited

Ei World Limited (Registered number: 03758465)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Ei World Limited

Company Information
for the Year Ended 31 October 2024







DIRECTORS: Ms G Bharwaney
Mr M A Bishop





REGISTERED OFFICE: Reedham House
31 King Street West
Manchester
M3 2PJ





REGISTERED NUMBER: 03758465 (England and Wales)





ACCOUNTANTS: Freedman Frankl & Taylor
Chartered Accountants
Reedham House
31 King Street West
Manchester
M3 2PJ

Ei World Limited (Registered number: 03758465)

Balance Sheet
31 October 2024

2024 2023
Notes £    £   
FIXED ASSETS
Intangible assets 4 48,364 72,313
Tangible assets 5 8,709 72,007
57,073 144,320

CURRENT ASSETS
Stocks 600 600
Debtors 6 67,176 25,477
Cash at bank 193,684 355,246
261,460 381,323
CREDITORS
Amounts falling due within one year 7 (18,882 ) (21,396 )
NET CURRENT ASSETS 242,578 359,927
TOTAL ASSETS LESS CURRENT
LIABILITIES

299,651

504,247

PROVISIONS FOR LIABILITIES - (20,511 )
NET ASSETS 299,651 483,736

CAPITAL AND RESERVES
Called up share capital 6 6
Retained earnings 299,645 483,730
SHAREHOLDERS' FUNDS 299,651 483,736

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

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

Ei World Limited (Registered number: 03758465)

Balance Sheet - continued
31 October 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 July 2025 and were signed on its behalf by:





Ms G Bharwaney - Director


Ei World Limited (Registered number: 03758465)

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

1. STATUTORY INFORMATION

Ei World 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 as modified by the revaluation of certain assets.

Turnover
Turnover represents the invoice value of services provided, net of value added tax.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of five years.

Development cost is recorded at cost less any tax, discounts and rebates. Subsequently they are recorded at cost less accumulated amortisation and impairment.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 15% on reducing balance
Computer equipment - 20% on cost

Tangible fixed assets are recorded at cost less any tax, discounts and rebates. Subsequently they are recorded at cost less accumulated depreciation and impairment.

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 Statement of Income and Retained Earnings, 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.


Ei World Limited (Registered number: 03758465)

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

2. ACCOUNTING POLICIES - continued
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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives.

The interest element of these obligations is charge to the profit and loss account over the relevant period. The capital element of the future payments is treated as a liability.

Rental paid under operating leases are charged to the profit and loss account as incurred.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern
The company's financial statements for the year ended 31 October 2024 have been prepared on a going concern basis as, after making appropriate enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 7 ) .

4. INTANGIBLE FIXED ASSETS
Development
costs
£   
COST
At 1 November 2023
and 31 October 2024 119,745
AMORTISATION
At 1 November 2023 47,432
Amortisation for year 23,949
At 31 October 2024 71,381
NET BOOK VALUE
At 31 October 2024 48,364
At 31 October 2023 72,313

Ei World Limited (Registered number: 03758465)

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

5. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 November 2023 61,485 65,378 12,758 139,621
Additions 1,129 17,233 - 18,362
Disposals - (82,611 ) - (82,611 )
At 31 October 2024 62,614 - 12,758 75,372
DEPRECIATION
At 1 November 2023 54,368 3,942 9,304 67,614
Charge for year 1,237 6,912 1,754 9,903
Eliminated on disposal - (10,854 ) - (10,854 )
At 31 October 2024 55,605 - 11,058 66,663
NET BOOK VALUE
At 31 October 2024 7,009 - 1,700 8,709
At 31 October 2023 7,117 61,436 3,454 72,007

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 9,835 1,922
Other debtors 57,341 23,555
67,176 25,477

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 7,170 10,092
Amounts owed to group undertakings 5,012 4,730
Taxation and social security 1,296 (231 )
Other creditors 5,404 6,805
18,882 21,396

Ei World Limited (Registered number: 03758465)

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

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 October 2024 and 31 October 2023:

2024 2023
£    £   
Ms G Bharwaney
Balance outstanding at start of year - -
Amounts advanced 42,000 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 42,000 -

During the year interest amounting to £722 was charged on this overdrawn balance.

9. ULTIMATE CONTROLLING PARTY

The company's parent undertaking at the balance sheet was of Evolving Ambitions Limited, a company registered in England and Wales.

Registered OfficeReedham House
31 King Street West
Manchester
United Kingdom
M3 2PJ