EKM Global Limited

EKM Global Limited

EKM GLOBAL LIMITED - Company Information

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1 February 2021 false No description of principal activity Taxfiler 2022.8.3 04165970business:PrivateLimitedCompanyLtd2021-02-012022-01-31 041659702021-01-31 041659702021-02-012022-01-31 04165970business:AuditExemptWithAccountantsReport2021-02-012022-01-31 04165970business:FullAccounts2021-02-012022-01-31 041659702022-01-31 04165970business:Director12021-02-012022-01-31 04165970business:Director32021-02-012022-01-31 04165970business:Director42021-02-012022-01-31 04165970business:Director52021-02-012022-01-31 04165970business:RegisteredOffice2021-02-012022-01-31 041659702021-01-31 04165970core:WithinOneYear2022-01-31 04165970core:WithinOneYear2021-01-31 04165970core:ShareCapital2022-01-31 04165970core:ShareCapital2021-01-31 04165970core:CapitalRedemptionReserve2022-01-31 04165970core:CapitalRedemptionReserve2021-01-31 04165970core:RetainedEarningsAccumulatedLosses2022-01-31 04165970core:RetainedEarningsAccumulatedLosses2021-01-31 04165970business:SmallEntities2021-02-012022-01-31 04165970countries:EnglandWales2021-02-012022-01-31 04165970core:FurnitureFittings2021-02-012022-01-31 04165970core:ComputerEquipment2021-02-012022-01-31 04165970core:FurnitureFittings2021-01-31 04165970core:ComputerEquipment2021-01-31 04165970core:FurnitureFittings2022-01-31 04165970core:ComputerEquipment2022-01-31 041659702020-02-012021-01-31 iso4217:GBP xbrli:pure
Company Registration No. 04165970 (England and Wales)
EKM Global Limited Unaudited accounts for the year ended 31 January 2022
EKM Global Limited Unaudited accounts Contents
Page
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EKM Global Limited Company Information for the year ended 31 January 2022
Directors
Mr C Bosher Mr J F Lambe Mr S M Nolan Mr S D Philp
Company Number
04165970 (England and Wales)
Registered Office
Redwood 2 Crockford Lane Chineham Business Park Chineham, Basingstoke Hampshire RG24 8WQ
Accountants
Anthistle Craven Moreton House 31 High Street Buckingham Bucks MK18 1NU
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EKM Global Limited Statement of financial position as at 31 January 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
4,951 
7,103 
Current assets
Debtors
5
1,252,585 
1,207,620 
Cash at bank and in hand
172,382 
98,787 
1,424,967 
1,306,407 
Creditors: amounts falling due within one year
6
(145,126)
(159,272)
Net current assets
1,279,841 
1,147,135 
Net assets
1,284,792 
1,154,238 
Capital and reserves
Called up share capital
750 
750 
Capital redemption reserve
250 
250 
Profit and loss account
1,283,792 
1,153,238 
Shareholders' funds
1,284,792 
1,154,238 
For the year ending 31 January 2022 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 6 September 2022 and were signed on its behalf by
Mr S D Philp Director Company Registration No. 04165970
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EKM Global Limited Notes to the Accounts for the year ended 31 January 2022
1
Statutory information
EKM Global Limited is a private company, limited by shares, registered in England and Wales, registration number 04165970. The registered office is Redwood 2 Crockford Lane, Chineham Business Park, Chineham, Basingstoke, Hampshire, RG24 8WQ.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Fixtures & fittings
15% reducing balance
Computer equipment
33% reducing balance
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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EKM Global Limited Notes to the Accounts for the year ended 31 January 2022
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 February 2021
546 
26,028 
26,574 
Additions
- 
193 
193 
At 31 January 2022
546 
26,221 
26,767 
Depreciation
At 1 February 2021
199 
19,272 
19,471 
Charge for the year
52 
2,293 
2,345 
At 31 January 2022
251 
21,565 
21,816 
Net book value
At 31 January 2022
295 
4,656 
4,951 
At 31 January 2021
347 
6,756 
7,103 
5
Debtors: amounts falling due within one year
2022 
2021 
£ 
£ 
Trade debtors
255,171 
294,805 
Amounts due from group undertakings etc.
917,265 
839,981 
Accrued income and prepayments
74,380 
67,467 
Other debtors
5,769 
5,367 
1,252,585 
1,207,620 
6
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
VAT
13,247 
59,270 
Trade creditors
56,494 
34,042 
Taxes and social security
36,220 
31,647 
Other creditors
17,897 
30,663 
Accruals
21,268 
3,650 
145,126 
159,272 
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EKM Global Limited Notes to the Accounts for the year ended 31 January 2022
7
Transactions with related parties
Included in Turnover in the current year there are £732,293, (2021 £619,798), cross charged invoices relating Advanced Technology Trading Company Limited, the parent company of EKM Global Limited. Included in Turnover in the current year there are sales with related companies who form part of the TD-Synnex Group, as follows:- Tech Data International Sarl - £48,778 Tech Data Limited - £16,721 Included in Other Direct Costs in the current year there are £93,186, (2021 £90,915), cross charged expenses relating Advanced Technology Trading Company Limited, the parent company of EKM Global Limited. Included in Software expenses in the current year are £775 relating to invoices from Tech Data Limited, a related company part of the TD-Synnex Group. At 31 January 2022, £985,625, (2021 £896,648) was owed to EKM Global Limited from its parent company Advanced Technology Trading Company Limited. At 31 January 2022, £11,052.16, (2021 £0 ) was owed to EKM Global Limited from Tech Data International Sarl, a related company part of the TD-Synnex Group. At 31 January 2022, £77.51, (2021 £0 ) was owed by EKM Global Limited to Tech Data Limited, a related company part of the TD-Synnex Group.
8
Controlling party
The parent company of EKM Global Limited is Advanced Technology Trading Company Limited and both are part of the TD-Synnex group. The company registered office address is Redwood 2 Crockford Lane, Chineham Business Park, Chineham, Basingstoke, Hampshire, RG24 8WQ.
9
Average number of employees
During the year the average number of employees was 21 (2021: 21).
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