Company Registration No. 14717251 (England and Wales)
Ekiva Limited
Unaudited accounts
for the year ended 31 December 2024
Ekiva Limited
Unaudited accounts
Contents
Ekiva Limited
Company Information
for the year ended 31 December 2024
Company Number
14717251 (England and Wales)
Registered Office
Blays House
Wick Road
Englefield Green
Egham
TW20 0HJ
United Kingdom
Ekiva Limited
Statement of financial position
as at 31 December 2024
Inventories
675,521
542,970
Cash at bank and in hand
1,924,656
3,279,800
Creditors: amounts falling due within one year
(209,248)
(56,624)
Net current assets
2,614,376
6,094,178
Net assets
2,828,410
6,094,178
Called up share capital
412,275
412,275
Share premium
6,200,517
6,200,517
Profit and loss account
(3,784,382)
(518,614)
Shareholders' funds
2,828,410
6,094,178
For the year ending 31 December 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 29 September 2025 and were signed on its behalf by
Laxman Karnam
Director
Company Registration No. 14717251
Ekiva Limited
Notes to the Accounts
for the year ended 31 December 2024
Ekiva Limited is a private company, limited by shares, registered in England and Wales, registration number 14717251. The registered office is Blays House, Wick Road, Englefield Green, Egham, TW20 0HJ, 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Monetary 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 rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Ekiva Limited
Notes to the Accounts
for the year ended 31 December 2024
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Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
Additions
44,661
225,673
270,334
At 31 December 2024
44,661
225,673
270,334
Charge for the year
11,165
45,135
56,300
At 31 December 2024
11,165
45,135
56,300
At 31 December 2024
33,496
180,538
214,034
Amounts falling due within one year
Accrued income and prepayments
45,127
-
Other debtors
68,650
2,327,200
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
168,282
40,727
Taxes and social security
30,644
15,721
Other creditors
3,388
1,876
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Average number of employees
During the year the average number of employees was 10 (2023: 5).