Company Registration No. 11738158 (England and Wales)
EHO Crafted Interiors Ltd
Unaudited accounts
for the year ended 31 December 2024
EHO Crafted Interiors Ltd
Unaudited accounts
Contents
EHO Crafted Interiors Ltd
Company Information
for the year ended 31 December 2024
Director
Michal Wierzchowski
Company Number
11738158 (England and Wales)
Registered Office
20 Staplehurst
Bracknell
Berkshire
RG12 8DB
UK
EHO Crafted Interiors Ltd
Statement of financial position
as at 31 December 2024
Tangible assets
1,070
1,379
Cash at bank and in hand
2,424
8,352
Creditors: amounts falling due within one year
(82,284)
(74,197)
Net current liabilities
(28,101)
(657)
Total assets less current liabilities
(27,031)
722
Creditors: amounts falling due after more than one year
(3,109)
(7,950)
Net liabilities
(30,140)
(7,228)
Called up share capital
100
100
Profit and loss account
(30,240)
(7,328)
Shareholders' funds
(30,140)
(7,228)
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 25 September 2025 and were signed on its behalf by
Michal Wierzchowski
Director
Company Registration No. 11738158
EHO Crafted Interiors Ltd
Notes to the Accounts
for the year ended 31 December 2024
EHO Crafted Interiors Ltd is a private company, limited by shares, registered in England and Wales, registration number 11738158. The registered office is 20 Staplehurst, Bracknell, Berkshire, RG12 8DB, UK.
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.
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the income statement, 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.
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.
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:
Computer equipment
20% on cost
EHO Crafted Interiors Ltd
Notes to the Accounts
for the year ended 31 December 2024
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss.
Judgements in applying accounting policies and key sources of estimation uncertainty
The preparation of financial statements in compliance with FRS 102 Section 1A requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the company's accounting policies. In preparing these financial statements, the director has made the following judgements:
Determine whether there are indicators of impairment of the company's tangible fixed assets. Factors taken into consideration in reaching such a decision include the economic viability and expected future financial performance of the asset and where it is a component of a larger cash-generating unit, the viability and expected future performance of that unit.
Other key sources of estimation uncertainty:
Tangible fixed assets (note 4)
Tangible fixed assets are depreciated over their useful lives taking into account residual values, where appropriate. The actual lives of the assets and residual values are assessed annually and may vary depending on a number of factors. In re-assessing asset lives, factors such as technological innovation, product life cycles and maintenance programmes are taken into account. Residual value assessments consider issues such as future market conditions, the remaining life of the asset and projected disposal values.
4
Tangible fixed assets
Computer equipment
Amounts falling due within one year
Other debtors
51,084
60,493
EHO Crafted Interiors Ltd
Notes to the Accounts
for the year ended 31 December 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
5,300
5,300
Trade creditors
12,678
21,975
Taxes and social security
39,090
30,925
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Creditors: amounts falling due after more than one year
2024
2023
The bank loan held comprises a Coronavirus bounce back loan which the company withdrew on 11 May 2020 for a facility of £16,500 and 30 March 2021 for a facility of £10,000 which were fully drawn down. The loan bears interest at 2.5% pa. The loan is unsecured and repayable in monthly instalments from 11 June 2021, with the final instalment due on 11 June 2026.
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director's loan account
50,118
27,910
37,108
40,920
50,118
27,910
37,108
40,920
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Average number of employees
During the year the average number of employees was 1 (2023: 1).