Company Registration No. 11161066 (England and Wales)
Eternal Design Studio Ltd
Unaudited accounts
for the year ended 31 January 2020
Eternal Design Studio Ltd
Unaudited accounts
Contents
Eternal Design Studio Ltd
Company Information
for the year ended 31 January 2020
Director
Mr Bharat Karavadra
Company Number
11161066 (England and Wales)
Registered Office
3 SPALDING STREET
LEICESTER
LE5 4PH
UNITED KINGDOM
Accountants
BK ACCOUNTANCY
2C Elizabeth Street
Leicester
LE5 4FL
Eternal Design Studio Ltd
Statement of financial position
as at
31 January 2020
Tangible assets
13,346
15,743
Inventories
408,502
65,000
Cash at bank and in hand
75,924
41,855
Creditors: amounts falling due within one year
(707,363)
(428,001)
Net current assets
10,288
83,112
Total assets less current liabilities
23,634
98,855
Creditors: amounts falling due after more than one year
-
(86,929)
Called up share capital
120
120
Profit and loss account
23,514
11,806
Shareholders' funds
23,634
11,926
For the year ending 31 January 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 January 2021 and were signed on its behalf by
Mr Bharat Karavadra
Director
Company Registration No. 11161066
Eternal Design Studio Ltd
Notes to the Accounts
for the year ended 31 January 2020
Eternal Design Studio Ltd is a private company, limited by shares, registered in England and Wales, registration number 11161066. The registered office is 3 SPALDING STREET, LEICESTER, LE5 4PH, 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.
The accounts are presented in £ sterling.
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:
Plant & machinery
33% on cost
Fixtures & fittings
33% on cost
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Tangible fixed assets
Total
At 1 February 2019
17,995
At 31 January 2020
22,891
Charge for the year
7,293
At 31 January 2020
13,346
At 31 January 2019
15,743
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Average number of employees
During the year the average number of employees was 6 (2019: 1).