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REGISTERED NUMBER: 03711095 (England and Wales)















ETPS Limited

Unaudited Financial Statements For The Year Ended 31 December 2024






ETPS Limited (Registered number: 03711095)






Contents of the Financial Statements
For The Year Ended 31 December 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3


ETPS Limited

Company Information
For The Year Ended 31 December 2024







DIRECTORS: R J McDonald
L M Fiore





SECRETARY: R J McDonald





REGISTERED OFFICE: Unit 14, Beresford Way
The Bridge Business Centre
Dunston Road
Chesterfield
S41 9FG





REGISTERED NUMBER: 03711095 (England and Wales)





ACCOUNTANTS: Kingswood Allotts Limited
Chartered Accountants
Sidings Court
Lakeside
Doncaster
South Yorkshire
DN4 5NU
Page 1
ETPS Limited (Registered number: 03711095)

Abridged Balance Sheet
31 December 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 191,361 215,941
Investments 6 - -
191,361 215,941

CURRENT ASSETS
Stocks 50,269 1,000
Debtors 535,970 418,220
Cash at bank 889,481 2,074,421
1,475,720 2,493,641
CREDITORS
Amounts falling due within one year 1,061,391 726,065
NET CURRENT ASSETS 414,329 1,767,576
TOTAL ASSETS LESS CURRENT LIABILITIES 605,690 1,983,517

PROVISIONS FOR LIABILITIES 45,190 51,170
NET ASSETS 560,500 1,932,347

CAPITAL AND RESERVES
Called up share capital 10,100 10,100
Capital redemption reserve 10,000 10,000
Retained earnings 540,400 1,912,247
SHAREHOLDERS' FUNDS 560,500 1,932,347

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

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

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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 December 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1 September 2025 and were signed on its behalf by:




R J McDonald - Director


The notes form part of these financial statements

Page 2
ETPS Limited (Registered number: 03711095)

Notes to the Financial Statements
For The Year Ended 31 December 2024

1. STATUTORY INFORMATION

ETPS 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.

Preparation of consolidated financial statements
The financial statements contain information about ETPS Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.

Computer software is being amortised evenly over its estimated useful life of three years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on cost
Fixtures and fittings - 25% on cost
Motor vehicles - 25% on cost
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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.

Investments
Investments in subsidiary undertakings are stated at cost in the financial statements of the company. Provision against the value of investment is made where, in the opinion of the directors, there is a permanent diminution in the value of the investment.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 6 ) .

Page 3 continued...
ETPS Limited (Registered number: 03711095)

Notes to the Financial Statements - continued
For The Year Ended 31 December 2024

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2024
and 31 December 2024 6,960
AMORTISATION
At 1 January 2024
and 31 December 2024 6,960
NET BOOK VALUE

At 31 December 2024 -
At 31 December 2023 -

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2024 644,720
Additions 61,799
At 31 December 2024 706,519
DEPRECIATION
At 1 January 2024 428,779
Charge for year 86,379
At 31 December 2024 515,158
NET BOOK VALUE
At 31 December 2024 191,361
At 31 December 2023 215,941

6. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST
At 1 January 2024
and 31 December 2024 30,475
PROVISIONS
At 1 January 2024
and 31 December 2024 30,475
NET BOOK VALUE
At 31 December 2024 -
At 31 December 2023 -

Page 4 continued...
ETPS Limited (Registered number: 03711095)

Notes to the Financial Statements - continued
For The Year Ended 31 December 2024

7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 20,004 20,004
Between one and five years 55,011 75,015
75,015 95,019

8. RELATED PARTY DISCLOSURES

Directors current accounts

As at the year end the company owed the directors £27 (2023: £27) in respect of the directors loan accounts. The loans are interest free with no formal repayment terms.

9. ULTIMATE CONTROLLING PARTY

In the opinion of the directors there is no one party which has ultimate control of the company.

Page 5