1 December 2024 v2026.27.1 limited_company_frs_102_section_1a_v1_1_3 companies_house Software false true true true No description of principal activity false true xbrli:pure xbrli:shares iso4217:GBP 08777753 2024-12-01 2025-11-30 08777753 2025-11-30 08777753 2024-11-30 08777753 core:WithinOneYear 2025-11-30 08777753 core:WithinOneYear 2024-11-30 08777753 core:ShareCapital 2025-11-30 08777753 core:ShareCapital 2024-11-30 08777753 core:RetainedEarningsAccumulatedLosses 2025-11-30 08777753 core:RetainedEarningsAccumulatedLosses 2024-11-30 08777753 bus:Director1 2024-12-01 2025-11-30 08777753 bus:RegisteredOffice 2024-12-01 2025-11-30 08777753 2023-12-01 2024-11-30 08777753 core:CostValuation 2024-12-01 08777753 core:OtherIncreaseDecreaseInInvestments 2025-11-30 08777753 core:CostValuation 2025-11-30 08777753 1 2024-12-01 2025-11-30 08777753 countries:EnglandWales 2024-12-01 2025-11-30 08777753 bus:AuditExempt-NoAccountantsReport 2024-12-01 2025-11-30 08777753 bus:PrivateLimitedCompanyLtd 2024-12-01 2025-11-30 08777753 bus:SmallEntities 2024-12-01 2025-11-30 08777753 bus:FullAccounts 2024-12-01 2025-11-30
Company registration number:
08777753
ERASMOS CONSULTING ENGINEERING LTD.
Unaudited Filleted Financial Statements for the year ended
30 November 2025
ERASMOS CONSULTING ENGINEERING LTD.
Statement of Financial Position
30 November 2025

|  | 2025 | 2024
--- | --- | --- | ---
| Note | £ | £
Fixed assets |  |  |  |  |
Investments | 5 | 112,545 |  | 115,812 |
Current assets |  |  |  |  |
Debtors | 6 | 273,247 |  | 1,871 |
Cash at bank and in hand |  | 1,089,739 |  | 1,165,328 |
|  | 1,362,986 |  | 1,167,199 |
Creditors: amounts falling due within one year | 7 | (33,782 | ) | (52,064 | )
Net current assets |  | 1,329,204 |  | 1,115,135 |
Total assets less current liabilities |  | 1,441,749 |  | 1,230,947 |
Capital and reserves |  |  |  |  |
Called up share capital |  | 1,000 |  | 1,000 |
Profit and loss account |  | 1,440,749 |  | 1,229,947 |
Shareholders funds |  | 1,441,749 |  | 1,230,947 |

For the year ending
30 November 2025
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These
financial statements
have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies’ regime.
In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered.
These
financial statements
were approved by the board of directors and authorised for issue on
7 July 2026
, and are signed on behalf of the board by:

M Zinonos
Director

Company registration number:
08777753
ERASMOS CONSULTING ENGINEERING LTD.
Notes to the Financial Statements
Year ended
30 November 2025

## 1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
Unit 17, Mill Mead Industrial Centre
,
Mill Mead Road
,
London
,
N17 9QU
, United Kingdom.
The principal activity of the company was that consultancy services.

## 2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

## 3 Accounting policies

## Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the presentation and functional currency of the company.

## Judgements and key sources of estimation uncertainty

In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimates is revised where the revision affects only that period or in the period of the revision and future periods where the revision affects both current and future periods.
There were no judgements and estimates that had significant effect on the amounts recognised in the financial statements.

## Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

## Current tax

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.

## Fixed asset investments

Investments in subsidiaries, associates and joint ventures accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses.
Investments in subsidiaries, associates and joint ventures accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value recognised in other comprehensive income or profit or loss. Where it is impracticable to measure fair value reliably without undue cost or effort, the cost model will be adopted.
Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the associate arising before or after the date of acquisition.
Other fixed asset investments which are listed are measured at fair value with changes in fair value being recognised in profit or loss.
All other Investments held as fixed assets are initially recorded at cost, and are subsequently stated at cost less any accumulated impairment losses.

## Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

## Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price and are subsequently measured as follows: Debt instruments are subsequently measured at amortised cost and commitments to receive a loan and to make a loan to another entity are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment.
All other financial instruments, including derivatives, are initially recognised at fair value, which is normally the transaction price and are subsequently measured at fair value, with any changes recognised in profit or loss.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.
All equity instruments regardless of significance, and other financial assets that are individually significant, are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics.
Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

## 4 Average number of employees

The average number of persons employed by the company during the year was
1
(2024:
1
).

## 5 Investments

| Other investments other than loans
--- | ---
| £
Cost |  |
At 1 December 2024 | 115,812 |
Other movements | (3,267 | )
At 30 November 2025 | 112,545 |
Impairment |  |
At 1 December 2024 and 30 November 2025 | - |
Carrying amount |  |
At 30 November 2025 | 112,545 |
At 30 November 2024 | 115,812 |

During the year, the company invested $150,000 (equivalent to £116,722) in a non-convertible, non-guaranteed, redeemable callable bond maturing on 30 July 2027. The investment is measured at cost and retranslated at each reporting date. At 30 November 2025, the carrying amount was £112,545 , with an unrealised exchange loss of £3,267 recognised in profit or loss. The investment is exposed to foreign currency risk.

## 6 Debtors

| 2025 | 2024
--- | --- | ---
| £ | £
Trade debtors | 117,780 |  | - |
Other debtors | 155,467 |  | 1,871 |
| 273,247 |  | 1,871 |

## 7 Creditors: amounts falling due within one year

| 2025 | 2024
--- | --- | ---
| £ | £
Trade creditors | 1,944 |  | 30,398 |
Taxation and social security | 22,246 |  | 12,338 |
Other creditors | 9,592 |  | 9,328 |
| 33,782 |  | 52,064 |

## 8 Controlling party

The controlling party of the company is the director, M Zinonos.