Acorah Software Products - Accounts Production 16.4.675 false true 31 October 2023 1 November 2022 false 1 November 2023 31 October 2024 31 October 2024 05588294 Mr Robert Adkins Mrs Charlotte Adkins Mrs Charlotte Adkins iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 05588294 2023-10-31 05588294 2024-10-31 05588294 2023-11-01 2024-10-31 05588294 frs-core:CurrentFinancialInstruments 2024-10-31 05588294 frs-core:MotorVehicles 2024-10-31 05588294 frs-core:MotorVehicles 2023-11-01 2024-10-31 05588294 frs-core:MotorVehicles 2023-10-31 05588294 frs-core:PlantMachinery 2024-10-31 05588294 frs-core:PlantMachinery 2023-11-01 2024-10-31 05588294 frs-core:PlantMachinery 2023-10-31 05588294 frs-core:ShareCapital 2024-10-31 05588294 frs-core:RetainedEarningsAccumulatedLosses 2024-10-31 05588294 frs-bus:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 05588294 frs-bus:FilletedAccounts 2023-11-01 2024-10-31 05588294 frs-bus:SmallEntities 2023-11-01 2024-10-31 05588294 frs-bus:AuditExempt-NoAccountantsReport 2023-11-01 2024-10-31 05588294 frs-bus:SmallCompaniesRegimeForAccounts 2023-11-01 2024-10-31 05588294 frs-bus:Director1 2023-11-01 2024-10-31 05588294 frs-bus:Director2 2023-11-01 2024-10-31 05588294 frs-bus:CompanySecretary1 2023-11-01 2024-10-31 05588294 frs-countries:EnglandWales 2023-11-01 2024-10-31 05588294 2022-10-31 05588294 2023-10-31 05588294 2022-11-01 2023-10-31 05588294 frs-core:CurrentFinancialInstruments 2023-10-31 05588294 frs-core:ShareCapital 2023-10-31 05588294 frs-core:RetainedEarningsAccumulatedLosses 2023-10-31
Registered number: 05588294
East Essex IT Ltd
Unaudited Financial Statements
For The Year Ended 31 October 2024
CLIVE G. CHADNEY LIMITED
108 Sandford Road
Chelmsford
CM2 6DH
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 05588294
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 9,577 11,549
9,577 11,549
CURRENT ASSETS
Debtors 5 22,724 20,063
Cash at bank and in hand 29,450 5,947
52,174 26,010
Creditors: Amounts Falling Due Within One Year 6 (37,468 ) (36,894 )
NET CURRENT ASSETS (LIABILITIES) 14,706 (10,884 )
TOTAL ASSETS LESS CURRENT LIABILITIES 24,283 665
NET ASSETS 24,283 665
CAPITAL AND RESERVES
Called up share capital 7 2 2
Profit and Loss Account 24,281 663
SHAREHOLDERS' FUNDS 24,283 665
Page 1
Page 2
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 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mrs Charlotte Adkins
Director
18 March 2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
East Essex IT Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 05588294 . The registered office is 108 Sandford Road, Chelmsford, Essex, CM2 6DH.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 15% Reducing balance
Motor Vehicles 25% Reducing balance
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2023: 2)
2 2
4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 November 2023 24,291 21,554 45,845
As at 31 October 2024 24,291 21,554 45,845
...CONTINUED
Page 3
Page 4
Depreciation
As at 1 November 2023 15,142 19,154 34,296
Provided during the period 1,372 600 1,972
As at 31 October 2024 16,514 19,754 36,268
Net Book Value
As at 31 October 2024 7,777 1,800 9,577
As at 1 November 2023 9,149 2,400 11,549
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 22,724 20,063
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 1,531 3,117
Other creditors 12,753 7,066
Taxation and social security 23,184 26,711
37,468 36,894
7. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 2 2
8. Dividends
2024 2023
£ £
On equity shares:
Final dividend paid 40,000 70,000
Page 4