Company Registration No. 08058248 (England and Wales)
Electric Essence Ltd
Unaudited accounts
for the year ended 31 May 2026
Electric Essence Ltd
Unaudited accounts
Contents
Electric Essence Ltd
Company Information
for the year ended 31 May 2026
Company Number
08058248 (England and Wales)
Registered Office
214 Mortlake Road
Ilford
IG1 2TB
United Kingdom
Electric Essence Ltd
Statement of financial position
as at 31 May 2026
Tangible assets
5,771
7,695
Cash at bank and in hand
2,545
1,806
Creditors: amounts falling due within one year
(20,653)
(12,927)
Net current assets
17,963
16,580
Total assets less current liabilities
23,734
24,275
Creditors: amounts falling due after more than one year
(21,361)
(21,953)
Called up share capital
1
1
Profit and loss account
2,372
2,321
Shareholders' funds
2,373
2,322
For the year ending 31 May 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 19 September 2026 and were signed on its behalf by
Aamir Mushtaq
Director
Company Registration No. 08058248
Electric Essence Ltd
Notes to the Accounts
for the year ended 31 May 2026
Electric Essence Ltd is a private company, limited by shares, registered in England and Wales, registration number 08058248. The registered office is 214 Mortlake Road, Ilford, IG1 2TB, 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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
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
25% RBM
The accounts are presented in £ sterling.
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 June 2025
13,000
680
13,680
At 31 May 2026
13,000
680
13,680
At 1 June 2025
5,687
298
5,985
Charge for the year
1,828
96
1,924
At 31 May 2026
7,515
394
7,909
At 31 May 2026
5,485
286
5,771
At 31 May 2025
7,313
382
7,695
Electric Essence Ltd
Notes to the Accounts
for the year ended 31 May 2026
Amounts falling due within one year
Other debtors
36,071
27,701
6
Creditors: amounts falling due within one year
2026
2025
Bank loans and overdrafts
5,220
5,220
Taxes and social security
2,682
2,219
Other creditors
9,893
2,672
Loans from directors
(527)
16
7
Creditors: amounts falling due after more than one year
2026
2025
8
Average number of employees
During the year the average number of employees was 0 (2025: 0).