Registered number
03589720
Elliott Personnel Development Limited
Filleted Accounts for the year ended
31 March 2023
Elliott Personnel Development Limited
Registered number: 03589720
Balance Sheet
as at 31 March 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 7 10
Current assets
Cash at bank and in hand 189 5
Creditors: amounts falling due within one year 4 (22,478) (20,159)
Net current liabilities (22,289) (20,154)
Net liabilities (22,282) (20,144)
Capital and reserves
Called up share capital 2 2
Profit and loss account (22,284) (20,146)
Shareholder's funds (22,282) (20,144)
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr L Forsberg
Director
Approved by the board on 5 November 2023
Elliott Personnel Development Limited
Notes to the Accounts
for the year ended 31 March 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services which 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.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery 25% Reducing balance
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price).
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 April 2022 3,010
At 31 March 2023 3,010
Depreciation
At 1 April 2022 3,000
Charge for the year 3
At 31 March 2023 3,003
Net book value
At 31 March 2023 7
At 31 March 2022 10
4 Creditors: amounts falling due within one year 2023 2022
£ £
Taxation and social security costs 351 236
Directors loan 21,777 19,573
Other creditors 350 350
22,478 20,159
5 Transactions with the director
As at 31 March 2023, V Elliott, the 100% shareholder had loaned the company £21,777 (2022 - £19,573) on an interest free basis and this is included in creditors. There is no set repayment date for this loan.
6 Controlling party
The company is controlled by V Elliott, a shareholder, who owns 100% of the issued share capital.
7 Other information
Elliott Personnel Development Limited is a private company limited by shares and incorporated in England. Its registered office is:
1 Old Court Mews
311 Chase Road
London N14 6JS
Elliott Personnel Development Limited 03589720 false 2022-04-01 2023-03-31 2023-03-31 VT Final Accounts April 2022 Mr L Forsberg No description of principal activity 03589720 2021-04-01 2022-03-31 03589720 core:WithinOneYear 2022-03-31 03589720 core:ShareCapital 2022-03-31 03589720 core:RetainedEarningsAccumulatedLosses 2022-03-31 03589720 2022-04-01 2023-03-31 03589720 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 03589720 bus:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 03589720 bus:Director40 2022-04-01 2023-03-31 03589720 1 2022-04-01 2023-03-31 03589720 2 2022-04-01 2023-03-31 03589720 core:PlantMachinery 2022-04-01 2023-03-31 03589720 countries:England 2022-04-01 2023-03-31 03589720 bus:FRS102 2022-04-01 2023-03-31 03589720 bus:FullAccounts 2022-04-01 2023-03-31 03589720 2023-03-31 03589720 core:WithinOneYear 2023-03-31 03589720 core:ShareCapital 2023-03-31 03589720 core:RetainedEarningsAccumulatedLosses 2023-03-31 03589720 core:PlantMachinery 2023-03-31 03589720 2022-03-31 03589720 core:PlantMachinery 2022-03-31 iso4217:GBP xbrli:pure