2022-02-012023-01-312023-01-31falseSC619707ERLES LIMITED2023-10-2655100iso4217:GBPxbrli:pureSC6197072022-02-01SC6197072023-01-31SC6197072022-02-012023-01-31SC6197072021-02-01SC6197072022-01-31SC6197072021-02-012022-01-31SC619707bus:SmallEntities2022-02-012023-01-31SC619707bus:AuditExempt-NoAccountantsReport2022-02-012023-01-31SC619707bus:AbridgedAccounts2022-02-012023-01-31SC619707bus:PrivateLimitedCompanyLtd2022-02-012023-01-31SC619707core:WithinOneYear2023-01-31SC619707core:AfterOneYear2023-01-31SC619707core:WithinOneYear2022-01-31SC619707core:AfterOneYear2022-01-31SC619707core:ShareCapital2023-01-31SC619707core:SharePremium2023-01-31SC619707core:RevaluationReserve2023-01-31SC619707core:OtherReservesSubtotal2023-01-31SC619707core:RetainedEarningsAccumulatedLosses2023-01-31SC619707core:ShareCapital2022-01-31SC619707core:SharePremium2022-01-31SC619707core:RevaluationReserve2022-01-31SC619707core:OtherReservesSubtotal2022-01-31SC619707core:RetainedEarningsAccumulatedLosses2022-01-31SC619707core:LandBuildings2023-01-31SC619707core:PlantMachinery2023-01-31SC619707core:Vehicles2023-01-31SC619707core:FurnitureFittings2023-01-31SC619707core:OfficeEquipment2023-01-31SC619707core:NetGoodwill2023-01-31SC619707core:IntangibleAssetsOtherThanGoodwill2023-01-31SC619707core:ListedExchangeTraded2023-01-31SC619707core:UnlistedNon-exchangeTraded2023-01-31SC619707core:LandBuildings2022-01-31SC619707core:PlantMachinery2022-01-31SC619707core:Vehicles2022-01-31SC619707core:FurnitureFittings2022-01-31SC619707core:OfficeEquipment2022-01-31SC619707core:NetGoodwill2022-01-31SC619707core:IntangibleAssetsOtherThanGoodwill2022-01-31SC619707core:ListedExchangeTraded2022-01-31SC619707core:UnlistedNon-exchangeTraded2022-01-31SC619707core:LandBuildings2022-02-012023-01-31SC619707core:PlantMachinery2022-02-012023-01-31SC619707core:Vehicles2022-02-012023-01-31SC619707core:FurnitureFittings2022-02-012023-01-31SC619707core:OfficeEquipment2022-02-012023-01-31SC619707core:NetGoodwill2022-02-012023-01-31SC619707core:IntangibleAssetsOtherThanGoodwill2022-02-012023-01-31SC619707core:ListedExchangeTraded2022-02-012023-01-31SC619707core:UnlistedNon-exchangeTraded2022-02-012023-01-31SC619707core:MoreThanFiveYears2022-02-012023-01-31SC619707core:Non-currentFinancialInstruments2023-01-31SC619707core:Non-currentFinancialInstruments2022-01-31SC619707dpl:CostSales2022-02-012023-01-31SC619707dpl:DistributionCosts2022-02-012023-01-31SC619707dpl:AdministrativeExpenses2022-02-012023-01-31SC619707core:LandBuildings2022-02-012023-01-31SC619707core:PlantMachinery2022-02-012023-01-31SC619707core:Vehicles2022-02-012023-01-31SC619707core:FurnitureFittings2022-02-012023-01-31SC619707core:OfficeEquipment2022-02-012023-01-31SC619707core:NetGoodwill2022-02-012023-01-31SC619707core:IntangibleAssetsOtherThanGoodwill2022-02-012023-01-31SC619707dpl:GroupUndertakings2022-02-012023-01-31SC619707dpl:ParticipatingInterests2022-02-012023-01-31SC619707dpl:GroupUndertakingscore:ListedExchangeTraded2022-02-012023-01-31SC619707core:ListedExchangeTraded2022-02-012023-01-31SC619707dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-02-012023-01-31SC619707core:UnlistedNon-exchangeTraded2022-02-012023-01-31SC619707dpl:CostSales2021-02-012022-01-31SC619707dpl:DistributionCosts2021-02-012022-01-31SC619707dpl:AdministrativeExpenses2021-02-012022-01-31SC619707core:LandBuildings2021-02-012022-01-31SC619707core:PlantMachinery2021-02-012022-01-31SC619707core:Vehicles2021-02-012022-01-31SC619707core:FurnitureFittings2021-02-012022-01-31SC619707core:OfficeEquipment2021-02-012022-01-31SC619707core:NetGoodwill2021-02-012022-01-31SC619707core:IntangibleAssetsOtherThanGoodwill2021-02-012022-01-31SC619707dpl:GroupUndertakings2021-02-012022-01-31SC619707dpl:ParticipatingInterests2021-02-012022-01-31SC619707dpl:GroupUndertakingscore:ListedExchangeTraded2021-02-012022-01-31SC619707core:ListedExchangeTraded2021-02-012022-01-31SC619707dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-02-012022-01-31SC619707core:UnlistedNon-exchangeTraded2021-02-012022-01-31SC619707core:NetGoodwill2023-01-31SC619707core:IntangibleAssetsOtherThanGoodwill2023-01-31SC619707core:LandBuildings2023-01-31SC619707core:PlantMachinery2023-01-31SC619707core:Vehicles2023-01-31SC619707core:FurnitureFittings2023-01-31SC619707core:OfficeEquipment2023-01-31SC619707core:AfterOneYear2023-01-31SC619707core:WithinOneYear2023-01-31SC619707core:ListedExchangeTraded2023-01-31SC619707core:UnlistedNon-exchangeTraded2023-01-31SC619707core:ShareCapital2023-01-31SC619707core:SharePremium2023-01-31SC619707core:RevaluationReserve2023-01-31SC619707core:OtherReservesSubtotal2023-01-31SC619707core:RetainedEarningsAccumulatedLosses2023-01-31SC619707core:NetGoodwill2022-01-31SC619707core:IntangibleAssetsOtherThanGoodwill2022-01-31SC619707core:LandBuildings2022-01-31SC619707core:PlantMachinery2022-01-31SC619707core:Vehicles2022-01-31SC619707core:FurnitureFittings2022-01-31SC619707core:OfficeEquipment2022-01-31SC619707core:AfterOneYear2022-01-31SC619707core:WithinOneYear2022-01-31SC619707core:ListedExchangeTraded2022-01-31SC619707core:UnlistedNon-exchangeTraded2022-01-31SC619707core:ShareCapital2022-01-31SC619707core:SharePremium2022-01-31SC619707core:RevaluationReserve2022-01-31SC619707core:OtherReservesSubtotal2022-01-31SC619707core:RetainedEarningsAccumulatedLosses2022-01-31SC619707core:NetGoodwill2021-02-01SC619707core:IntangibleAssetsOtherThanGoodwill2021-02-01SC619707core:LandBuildings2021-02-01SC619707core:PlantMachinery2021-02-01SC619707core:Vehicles2021-02-01SC619707core:FurnitureFittings2021-02-01SC619707core:OfficeEquipment2021-02-01SC619707core:AfterOneYear2021-02-01SC619707core:WithinOneYear2021-02-01SC619707core:ListedExchangeTraded2021-02-01SC619707core:UnlistedNon-exchangeTraded2021-02-01SC619707core:ShareCapital2021-02-01SC619707core:SharePremium2021-02-01SC619707core:RevaluationReserve2021-02-01SC619707core:OtherReservesSubtotal2021-02-01SC619707core:RetainedEarningsAccumulatedLosses2021-02-01SC619707core:AfterOneYear2022-02-012023-01-31SC619707core:WithinOneYear2022-02-012023-01-31SC619707core:Non-currentFinancialInstrumentscore:CostValuation2022-02-012023-01-31SC619707core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-02-012023-01-31SC619707core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-02-012023-01-31SC619707core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-02-012023-01-31SC619707core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-02-012023-01-31SC619707core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-02-012023-01-31SC619707core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-02-012023-01-31SC619707core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-02-012023-01-31SC619707core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-02-012023-01-31SC619707core:Non-currentFinancialInstrumentscore:CostValuation2023-01-31SC619707core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-01-31SC619707core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-01-31SC619707core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-01-31SC619707core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-01-31SC619707core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-01-31SC619707core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-01-31SC619707core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-01-31SC619707core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-01-31SC619707core:Non-currentFinancialInstrumentscore:CostValuation2022-01-31SC619707core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-01-31SC619707core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-01-31SC619707core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-01-31SC619707core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-01-31SC619707core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-01-31SC619707core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-01-31SC619707core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-01-31SC619707core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-01-31SC619707bus:Director12022-02-012023-01-31SC619707bus:Director22022-02-012023-01-31

ERLES LIMITED

Registered Number
SC619707
(Scotland)

Unaudited Financial Statements for the Year ended
31 January 2023

ERLES LIMITED
Company Information
for the year from 1 February 2022 to 31 January 2023

Directors

WILSON, Eric Bryce
WILSON, Leslie Carol

Registered Address

Trinity House
31 Lynedoch Street
Glasgow
G3 6EF

Place of Business

6 Seton Terrace

Glasgow

G31 2HU


Registered Number

SC619707 (Scotland)
ERLES LIMITED
Balance Sheet as at
31 January 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets5447,630466,732
447,630466,732
Current assets
Cash at bank and on hand27,00111,971
27,00111,971
Creditors amounts falling due within one year8(333,891)(301,691)
Net current assets (liabilities)(306,890)(289,720)
Total assets less current liabilities140,740177,012
Creditors amounts falling due after one year9(193,968)(236,858)
Net assets(53,228)(59,846)
Capital and reserves
Called up share capital200200
Profit and loss account(53,428)(60,046)
Shareholders' funds(53,228)(59,846)
The financial statements were approved and authorised for issue by the Board of Directors on 26 October 2023, and are signed on its behalf by:
WILSON, Eric Bryce
Director
WILSON, Leslie Carol
Director

Registered Company No. SC619707
ERLES LIMITED
Notes to the Financial Statements
for the year ended 31 January 2023

1.Statutory information
The company is a private company limited by shares and registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Accounting policies
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:
Revenue recognition policy
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Taxation policy
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Employee benefits policy
Contributions to defined contribution plans are expensed in the period to which they relate.
4.Employee information

20232022
Average number of employees during the year44
5.Property, plant and equipment

Total

£
Cost or valuation
At 01 February 22512,031
At 31 January 23512,031
Depreciation and impairment
At 01 February 2245,299
Charge for year19,102
At 31 January 2364,401
Net book value
At 31 January 23447,630
At 31 January 22466,732
6.Further information regarding the company's financial position
The company has net liabilities of £53,228 in the year. This includes a directors loan of £303,170 which the directors do not plan to recall until there is sufficient funds to do so and therefore the accounts have been prepared on a going concern basis
7.Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
8.Creditors within one year

2023

2022

££
Trade creditors / trade payables79-
Bank borrowings and overdrafts25,800-
Amounts owed to related parties303,170299,469
Taxation and social security1,728-
Accrued liabilities and deferred income3,1142,222
Total333,891301,691
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
9.Creditors after one year

2023

2022

££
Bank borrowings and overdrafts193,968236,858
Total193,968236,858