Company Registration No. 11061003 (England and Wales)
ETA Money Limited
Unaudited accounts
for the year ended 30 November 2021
ETA Money Limited
Unaudited accounts
Contents
ETA Money Limited
Company Information
for the year ended 30 November 2021
Directors
Vladimirs Pankratovs
Kristine Sestaka
Company Number
11061003 (England and Wales)
Registered Office
SPACES MOORGATE
30 MOORGATE
LONDON
EC2R 6PJ
ENGLAND
ETA Money Limited
Statement of financial position
as at
30 November 2021
Cash at bank and in hand
363,428
313,640
Creditors: amounts falling due within one year
(56,682)
(6,467)
Net current assets
312,439
321,012
Net assets
312,439
321,012
Called up share capital
110
110
Share premium
315,048
315,048
Profit and loss account
(2,719)
5,854
Shareholders' funds
312,439
321,012
For the year ending 30 November 2021 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 directors acknowledge their 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 of Directors and authorised for issue on 3 August 2022 and were signed on its behalf by
Kristine Sestaka
Director
Company Registration No. 11061003
ETA Money Limited
Notes to the Accounts
for the year ended 30 November 2021
ETA Money Limited is a private company, limited by shares, registered in England and Wales, registration number 11061003. The registered office is SPACES MOORGATE, 30 MOORGATE, LONDON, EC2R 6PJ, ENGLAND.
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.
The accounts are presented in £ sterling.
Cash and cash equivalents
Cash is represented by cash in hand and deposits held with regulated financial institutions.
Cash held in trust for customers is held in safeguarded bank accounts under the requirements of the FCA Electronic Money Regulations 2011 and are subject to separate mandates agreed and governed by the company together with the company's bankers in order to segregate such funds from other company assets.
4
Debtors: amounts falling due within one year
2021
2020
Trade debtors
4,649
13,361
Accrued income and prepayments
1,044
478
5
Creditors: amounts falling due within one year
2021
2020
Taxes and social security
-
1,345
Other creditors
51,733
1,867
Loans from directors
2,605
3,255
Short term creditors are measured at the transaction price.
£51,733 included in Other creditors are customer liabilities for e-money outstanding.
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Average number of employees
During the year the average number of employees was 2 (2020: 1).