IRIS Accounts Production v23.3.0.418 10675014 Board of Directors 1.4.22 31.3.23 31.3.23 false true false false true false Ordinary shares 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh106750142022-03-31106750142023-03-31106750142022-04-012023-03-31106750142021-03-31106750142021-04-012022-03-31106750142022-03-3110675014ns10:Originalns15:EnglandWales2022-04-012023-03-3110675014ns14:PoundSterlingns10:Original2022-04-012023-03-3110675014ns10:Originalns10:Director12022-04-012023-03-3110675014ns10:Original2022-04-012023-03-3110675014ns10:Original2023-03-3110675014ns10:Originalns10:PrivateLimitedCompanyLtd2022-04-012023-03-3110675014ns10:Originalns10:SmallEntities2022-04-012023-03-3110675014ns10:Originalns10:AuditExemptWithAccountantsReport2022-04-012023-03-3110675014ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3110675014ns10:SmallCompaniesRegimeForAccountsns10:Original2022-04-012023-03-3110675014ns10:Originalns10:FullAccounts2022-04-012023-03-3110675014ns10:Originalns10:OrdinaryShareClass12022-04-012023-03-3110675014ns10:Originalns10:Director22022-04-012023-03-3110675014ns10:Originalns10:RegisteredOffice2022-04-012023-03-3110675014ns10:Original2022-03-3110675014ns10:Originalns5:CurrentFinancialInstruments2023-03-3110675014ns10:Originalns5:CurrentFinancialInstruments2022-03-3110675014ns10:Originalns5:Non-currentFinancialInstruments2023-03-3110675014ns10:Originalns5:Non-currentFinancialInstruments2022-03-3110675014ns5:ShareCapitalns10:Original2023-03-3110675014ns5:ShareCapitalns10:Original2022-03-3110675014ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-03-3110675014ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-03-3110675014ns10:Originalns5:PlantMachinery2022-04-012023-03-3110675014ns10:Original2021-04-012022-03-3110675014ns10:Originalns5:PlantMachinery2022-03-3110675014ns10:Originalns5:PlantMachinery2023-03-3110675014ns10:Originalns5:PlantMachinery2022-03-3110675014ns10:Originalns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2022-03-3110675014ns10:Originalns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2022-04-012023-03-3110675014ns10:Originalns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-03-3110675014ns10:Originalns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2022-03-3110675014ns10:Originalns5:CostValuation2022-03-3110675014ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3110675014ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-03-3110675014ns10:Originalns10:OrdinaryShareClass12023-03-31
REGISTERED NUMBER: 10675014 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2023

for

Elmwood Interiors Ltd

Elmwood Interiors Ltd (Registered number: 10675014)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Chartered Accountant's Report 2

Balance Sheet 3

Notes to the Financial Statements 5


Elmwood Interiors Ltd

Company Information
for the Year Ended 31 March 2023







DIRECTORS: John Paul Massey
Philip James Nevinson





REGISTERED OFFICE: Room 2
Unit H Catherine Street
Warrington
WA5 0LH





REGISTERED NUMBER: 10675014 (England and Wales)





ACCOUNTANT: Susan Ellison
30 Whitchurch Close
Padgate
Warrington
Cheshire
WA1 4JZ

Chartered Accountant's Report to the Board of Directors
on the Unaudited Financial Statements of
Elmwood Interiors Ltd

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the financial statements of Elmwood Interiors Ltd for the year ended 31 March 2023 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given me.

As a practising member of the Institute of Chartered Accountants in England and Wales (ICAEW), I am subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Elmwood Interiors Ltd, as a body, in accordance with my terms of engagement. My work has been undertaken solely to prepare for your approval the financial statements of Elmwood Interiors Ltd and state those matters that I have agreed to state to the Board of Directors of Elmwood Interiors Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than Elmwood Interiors Ltd and its Board of Directors, as a body, for my work or for this report.

It is your duty to ensure that Elmwood Interiors Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Elmwood Interiors Ltd. You consider that Elmwood Interiors Ltd is exempt from the statutory audit requirement for the year.

I have not been instructed to carry out an audit or a review of the financial statements of Elmwood Interiors Ltd. For this reason, I have not verified the accuracy or completeness of the accounting records or information and explanations you have given to me and I do not, therefore, express any opinion on the statutory financial statements.






Susan Ellison
30 Whitchurch Close
Padgate
Warrington
Cheshire
WA1 4JZ


1 November 2023

Elmwood Interiors Ltd (Registered number: 10675014)

Balance Sheet
31 March 2023

31/3/23 31/3/22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 10,061 6,093
Investments 5 50,000 50,000
60,061 56,093

CURRENT ASSETS
Debtors 6 140,137 47,354
Cash at bank and in hand 21,218 39,937
161,355 87,291
CREDITORS
Amounts falling due within one year 7 106,155 83,770
NET CURRENT ASSETS 55,200 3,521
TOTAL ASSETS LESS CURRENT
LIABILITIES

115,261

59,614

CREDITORS
Amounts falling due after more than
one year

8

35,057

44,489
NET ASSETS 80,204 15,125

CAPITAL AND RESERVES
Called up share capital 9 30 30
Retained earnings 80,174 15,095
SHAREHOLDERS' FUNDS 80,204 15,125

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Elmwood Interiors Ltd (Registered number: 10675014)

Balance Sheet - continued
31 March 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1 November 2023 and were signed on its behalf by:





Philip James Nevinson - Director


Elmwood Interiors Ltd (Registered number: 10675014)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

Elmwood Interiors Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 33% on cost and 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 3 ) .

Elmwood Interiors Ltd (Registered number: 10675014)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2022 38,146
Additions 7,219
At 31 March 2023 45,365
DEPRECIATION
At 1 April 2022 32,053
Charge for year 3,251
At 31 March 2023 35,304
NET BOOK VALUE
At 31 March 2023 10,061
At 31 March 2022 6,093

Fixed assets, included in the above, which are held under finance leases are as follows:

Plant and
machinery
etc
£   
COST
At 1 April 2022
and 31 March 2023 31,466
DEPRECIATION
At 1 April 2022 27,095
Charge for year 2,373
At 31 March 2023 29,468
NET BOOK VALUE
At 31 March 2023 1,998
At 31 March 2022 4,371

Elmwood Interiors Ltd (Registered number: 10675014)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

5. FIXED ASSET INVESTMENTS
Other
investment
£   
COST
At 1 April 2022
and 31 March 2023 50,000
NET BOOK VALUE
At 31 March 2023 50,000
At 31 March 2022 50,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/23 31/3/22
£    £   
Trade debtors 125,717 47,354
Other debtors 14,420 -
140,137 47,354

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/23 31/3/22
£    £   
Bank loans and overdrafts 17,622 10,569
Finance leases 3,018 2,814
Trade creditors 39,733 38,253
Taxation and social security 33,214 22,863
Other creditors 12,568 9,271
106,155 83,770

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31/3/23 31/3/22
£    £   
Bank loans 34,003 40,416
Finance leases 1,054 4,073
35,057 44,489

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 11,947 20,416

Elmwood Interiors Ltd (Registered number: 10675014)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31/3/23 31/3/22
value: £    £   
30 Ordinary shares £1 30 30