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Company Registration No. 05392907 (England and Wales)
ERUD I.T LIMITED Unaudited accounts for the year ended 31 March 2026
ERUD I.T LIMITED Unaudited accounts Contents
Page
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ERUD I.T LIMITED Company Information for the year ended 31 March 2026
Director
Scott Phillips
Company Number
05392907 (England and Wales)
Registered Office
CHURCH FARM OFFICES CHURCH FARM WILKINSON LANE ELMESTHORPE LEICS LE9 7SP
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ERUD I.T LIMITED Statement of financial position as at 31 March 2026
2026 
2025 
Notes
£ 
£ 
Fixed assets
Tangible assets
71,237 
11,745 
Current assets
Inventories
90 
- 
Debtors
41,517 
79,159 
Cash at bank and in hand
88,554 
39,543 
130,161 
118,702 
Creditors: amounts falling due within one year
(84,264)
(56,815)
Net current assets
45,897 
61,887 
Total assets less current liabilities
117,134 
73,632 
Creditors: amounts falling due after more than one year
(49,631)
(29,762)
Net assets
67,503 
43,870 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
67,403 
43,770 
Shareholders' funds
67,503 
43,870 
For the year ending 31 March 2026 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 May 2026 and were signed on its behalf by
Scott Phillips Director Company Registration No. 05392907
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ERUD I.T LIMITED Notes to the Accounts for the year ended 31 March 2026
1
Statutory information
ERUD I.T LIMITED is a private company, limited by shares, registered in England and Wales, registration number 05392907. The registered office is CHURCH FARM OFFICES CHURCH FARM, WILKINSON LANE, ELMESTHORPE, LEICS, LE9 7SP.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
Motor vehicles
25% reducing balance
Computer equipment
33% reducing balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2025
- 
28,489 
26,977 
55,466 
Additions
1,200 
90,125 
- 
91,325 
Disposals
- 
(28,489)
(16,858)
(45,347)
At 31 March 2026
1,200 
90,125 
10,119 
101,444 
Depreciation
At 1 April 2025
- 
21,008 
22,713 
43,721 
Charge for the year
400 
22,531 
1,421 
24,352 
On disposals
- 
(21,008)
(16,858)
(37,866)
At 31 March 2026
400 
22,531 
7,276 
30,207 
Net book value
At 31 March 2026
800 
67,594 
2,843 
71,237 
At 31 March 2025
- 
7,481 
4,264 
11,745 
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ERUD I.T LIMITED Notes to the Accounts for the year ended 31 March 2026
5
Debtors
2026 
2025 
£ 
£ 
Amounts falling due within one year
Trade debtors
40,717 
39,118 
Amounts falling due after more than one year
Accrued income and prepayments
800 
- 
Other debtors
- 
40,041 
800 
40,041 
6
Creditors: amounts falling due within one year
2026 
2025 
£ 
£ 
Bank loans and overdrafts
15,096 
7,143 
VAT
22,518 
17,669 
Trade creditors
30,583 
20,389 
Taxes and social security
14,817 
10,364 
Accruals
1,250 
1,250 
84,264 
56,815 
7
Creditors: amounts falling due after more than one year
2026 
2025 
£ 
£ 
Bank loans
49,631 
29,762 
8
Average number of employees
During the year the average number of employees was 9 (2025: 9).
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