0 01/04/2024 31/03/2025 2025-03-31 false false false false false false false true false false true false false false false false true false No description of principal activities is disclosed 2024-04-01 Sage Accounts Production 23.0 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 14703216 2024-04-01 2025-03-31 14703216 2025-03-31 14703216 2024-03-31 14703216 bus:RegisteredOffice 2024-04-01 2025-03-31 14703216 bus:LeadAgentIfApplicable 2024-04-01 2025-03-31 14703216 bus:Director1 2024-04-01 2025-03-31 14703216 bus:Director2 2024-04-01 2025-03-31 14703216 bus:CompanySecretary1 2024-04-01 2025-03-31 14703216 core:RetainedEarningsAccumulatedLosses 2024-04-01 2025-03-31 14703216 core:WithinOneYear 2025-03-31 14703216 core:ShareCapital 2025-03-31 14703216 core:RetainedEarningsAccumulatedLosses 2025-03-31 14703216 core:PreviouslyStatedAmount core:ShareCapital 2025-03-31 14703216 bus:Director1 2024-03-31 14703216 bus:Director1 2025-03-31 14703216 bus:Director2 2024-03-31 14703216 bus:Director2 2025-03-31 14703216 bus:SmallEntities 2024-04-01 2025-03-31 14703216 bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 14703216 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 14703216 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 14703216 bus:FullAccounts 2024-04-01 2025-03-31
Company registration number: 14703216
ER Contracts Ltd
Unaudited filleted financial statements
31 March 2025
ER Contracts Ltd
Contents
Directors and other information
Statement of financial position
Statement of changes in equity
Notes to the financial statements
ER Contracts Ltd
Directors and other information
Directors Mr Jamie Rule
Mrs Leanne St George Mckenzie
Secretary Leanne St George Mckenzie
Company number 14703216
Registered office 2A Connaught Avenue
London
E4 7AA
Accountants Hicks And Company
Chartered Accountants
83 High Street
Hemel Hempstead
Herts
HP1 3AH
ER Contracts Ltd
Statement of financial position
31 March 2025
2025
Note £ £
Current assets
Debtors 4 14,351
Cash at bank and in hand 8,640
_______
22,991
Creditors: amounts falling due
within one year 5 ( 4,961)
_______
Net current assets 18,030
_______
Total assets less current liabilities 18,030
_______
Net assets 18,030
_______
Capital and reserves
Called up share capital 2
Profit and loss account 18,028
_______
Shareholders funds 18,030
_______
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities:
- 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;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 23 June 2025 , and are signed on behalf of the board by:
Mrs Leanne St George Mckenzie
Director
Company registration number: 14703216
ER Contracts Ltd
Statement of changes in equity
Year ended 31 March 2025
Called up share capital Profit and loss account Total
£ £ £
Issue of shares 2 2
_______ _______ _______
Total investments by and distributions to owners 2 - 2
At 1 April 2024 2 (560) (558)
Profit/(loss) for the year 18,588 18,588
_______ _______ _______
Total comprehensive income for the year - 18,588 18,588
_______ _______ _______
At 31 March 2025 2 18,028 18,030
_______ _______ _______
ER Contracts Ltd
Notes to the financial statements
Year ended 31 March 2025
1. General information
The company is a private company limited by shares, registered in England & WAles. The address of the registered office is 2A Connaught Avenue, London, E4 7AA.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.Debt instruments are subsequently measured at amortised cost.
4. Debtors
2025
£
Trade debtors 6,628
Other debtors 7,723
_______
14,351
_______
5. Creditors: amounts falling due within one year
2025
£
Corporation tax 4,372
Other creditors 589
_______
4,961
_______
6. Directors advances, credits and guarantees
During the year the directors entered into the following advances and credits with the company:
2025
Balance brought forward Advances /(credits) to the directors Balance o/standing
£ £ £
Mr Jamie Rule ( 324) 8 ( 316)
Mrs Leanne St George Mckenzie ( 73) - ( 73)
_______ _______ _______
( 397) 8 ( 389)
_______ _______ _______