Company Registration No. 06352478 (England and Wales)
eCentury Limited
Unaudited accounts
for the year ended 31 August 2020
eCentury Limited
Unaudited accounts
Contents
eCentury Limited
Company Information
for the year ended 31 August 2020
Company Number
06352478 (England and Wales)
Registered Office
9 Devon Road
Wolverhampton
WV1 4BE
Accountants
R M Accountancy Services Ltd
The Old Post Office
137-139 Long Street
Dordon
Staffordshire
B78 1SH
eCentury Limited
Statement of financial position
as at
31 August 2020
Cash at bank and in hand
5,712
7,916
Creditors: amounts falling due within one year
(2,163)
(3,002)
Net current assets
4,119
4,947
Called up share capital
100
100
Profit and loss account
4,121
4,983
Shareholders' funds
4,221
5,083
For the year ending 31 August 2020 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 12 April 2021 and were signed on its behalf by
D R Walker
Director
Company Registration No. 06352478
eCentury Limited
Notes to the Accounts
for the year ended 31 August 2020
eCentury Limited is a private company, limited by shares, registered in England and Wales, registration number 06352478. The registered office is 9 Devon Road, Wolverhampton, WV1 4BE.
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. 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.
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:
Fixtures & fittings
25% Reducing balance
Computer equipment
33.3% Straight line
The accounts are presented in £ sterling.
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Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 September 2019
3,482
11,222
14,704
At 31 August 2020
3,482
11,222
14,704
At 1 September 2019
3,346
11,222
14,568
Charge for the year
34
-
34
At 31 August 2020
3,380
11,222
14,602
At 31 August 2020
102
-
102
At 31 August 2019
136
-
136
eCentury Limited
Notes to the Accounts
for the year ended 31 August 2020
6
Creditors: amounts falling due within one year
2020
2019
Taxes and social security
39
1,177
Loans from directors
1,764
1,465
7
Average number of employees
During the year the average number of employees was 1 (2019: 1).