Company Registration No. 09827627 (England and Wales)
EARWORKS LIMITED
Unaudited accounts
for the year ended 31 October 2024
EARWORKS LIMITED
Unaudited accounts
Contents
EARWORKS LIMITED
Company Information
for the year ended 31 October 2024
Company Number
09827627 (England and Wales)
Registered Office
239 RIBBLETON LANE
PRESTON
LANCASHIRE
PR1 5EA
UNITED KINGDOM
Accountants
SMART ACCOUNTING (NW) LTD
239 RIBBLETON LANE
PRESTON
PR1 5EA
EARWORKS LIMITED
Statement of financial position
as at 31 October 2024
Tangible assets
1,193,949
360,486
Cash at bank and in hand
4,286
7,233
Creditors: amounts falling due within one year
(1,233,052)
(409,917)
Net current liabilities
(1,228,766)
(402,648)
Net liabilities
(34,817)
(42,162)
Called up share capital
100
100
Profit and loss account
(34,917)
(42,262)
Shareholders' funds
(34,817)
(42,162)
For the year ending 31 October 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 director acknowledges his 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 and authorised for issue on 18 February 2025 and were signed on its behalf by
Paul Nand
Director
Company Registration No. 09827627
EARWORKS LIMITED
Notes to the Accounts
for the year ended 31 October 2024
EARWORKS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09827627. The registered office is 239 RIBBLETON LANE, PRESTON, LANCASHIRE, PR1 5EA, UNITED KINGDOM.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
18% on Reducing method
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 November 2023
357,589
4,192
1,925
363,706
Additions
833,984
-
-
833,984
At 31 October 2024
1,191,573
4,192
1,925
1,197,690
At 1 November 2023
-
1,881
1,339
3,220
Charge for the year
-
416
105
521
At 31 October 2024
-
2,297
1,444
3,741
At 31 October 2024
1,191,573
1,895
481
1,193,949
At 31 October 2023
357,589
2,311
586
360,486
EARWORKS LIMITED
Notes to the Accounts
for the year ended 31 October 2024
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
487,250
24,266
Other creditors
738,817
378,917
Loans from directors
7,484
6,734
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).