Eapen & Co. Ltd - Filleted accounts

Registered number

07187995

Eapen & Co. Ltd

Filleted Accounts

31 March 2026

Eapen & Co. Ltd
Registered number:		07187995
Balance Sheet
as at 31 March 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	4		70,799			40,820

Current assets
Debtors	5	280,281			585,359
Cash at bank and in hand		4,002			21,629
		284,283			606,988

Creditors: amounts falling due within one year	6	(58,132)			(263,730)

Net current assets			226,151			343,258

Total assets less current liabilities			296,950			384,078

Creditors: amounts falling due after more than one year	7		(37,762)			-

Net assets			259,188			384,078

Capital and reserves
Called up share capital			100			100
Profit and loss account			259,088			383,978

Shareholders' funds			259,188			384,078




The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.



Dr E. Eapen
Director
Approved by the board on 10 September 2026

Eapen & Co. Ltd
Notes to the Accounts
for the year ended 31 March 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Funriture, fixtures, fittings and equipment	over 4 years
	Motor vehicles	over 4 years

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.


	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only 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 and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.



2	Employees			2026		2025
Number					Number

	Average number of persons employed by the company			3		6






3	Intangible fixed assets					£
	Goodwill:

	Cost
	At 1 April 2025					100,000
	At 31 March 2026					100,000

	Amortisation
	At 1 April 2025					100,000
	At 31 March 2026					100,000

	Net book value
	At 31 March 2026					-

	The goodwill has been written off in annual instalments over its estimated economic life of 5 years.



4	Tangible fixed assets
		Fixtures, fittings & equipment		Motor vehicles		Total
£			£		£
	Cost
	At 1 April 2025	89,104		86,823		175,927
	Additions	-		78,750		78,750
	Disposals	-		(86,823)		(86,823)
	At 31 March 2026	89,104		78,750		167,854

	Depreciation
	At 1 April 2025	82,651		52,456		135,107
	Charge for the year	4,560		20,696		25,256
	On disposals	-		(63,308)		(63,308)
	At 31 March 2026	87,211		9,844		97,055

	Net book value
	At 31 March 2026	1,893		68,906		70,799
	At 31 March 2025	6,453		34,367		40,820




5	Debtors			2026		2025
£					£

	Trade debtors			17,930		120,837
	Other debtors and prepayments			262,351		464,522
				280,281		585,359





6	Creditors: amounts falling due within one year			2026		2025
£					£

	Obligations under finance lease and hire purchase contracts			22,134		50,458
	Trade creditors			360		8,679
	Taxation and social security costs			15,350		196,290
	Other creditors and accruals			20,288		8,303
				58,132		263,730


7	Creditors: amounts falling due after one year			2026		2025
£					£

	Obligations under finance lease and hire purchase contracts			37,762		-


8	Other information

	Eapen & Co. Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	Monks Tower
	Honeywood Lane
	Okewood Hill, Dorking
	Surrey
	RH5 5PZ