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REGISTERED NUMBER: 04758507 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2023

FOR

R J ELDER ASSOCIATES LIMITED

R J ELDER ASSOCIATES LIMITED (REGISTERED NUMBER: 04758507)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


R J ELDER ASSOCIATES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2023







DIRECTORS: R S Elder
E J Elder





SECRETARY: E J Elder





REGISTERED OFFICE: C/o Crowe U.K. LLP 3rd Floor
The Lexicon
Mount Street
Manchester
M2 5NT





REGISTERED NUMBER: 04758507 (England and Wales)





ACCOUNTANTS: Crowe U.K. LLP
The Lexicon
10-12 Mount Street
Manchester
M2 5NT

R J ELDER ASSOCIATES LIMITED (REGISTERED NUMBER: 04758507)

BALANCE SHEET
31 MAY 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Debtors 5 222,923 223,218
Cash at bank 120,849 148,249
343,772 371,467
CREDITORS
Amounts falling due within one year 6 4,307 3,919
NET CURRENT ASSETS 339,465 367,548
TOTAL ASSETS LESS CURRENT
LIABILITIES

339,465

367,548

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 339,365 367,448
339,465 367,548

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

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 5 February 2024 and were signed on its behalf by:





R S Elder - Director


R J ELDER ASSOCIATES LIMITED (REGISTERED NUMBER: 04758507)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023


1. STATUTORY INFORMATION

R J Elder Associates Limited 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33.3% 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Going concern
The directors have brought forward their retirement date and proceed with liquidating the business when outstanding receivables are collected and current contracts permit. This means there is no new business activity and the business is no longer trading.

Due to the directors' decision to liquidate the company, these accounts are not being prepared on a going concern basis.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

R J ELDER ASSOCIATES LIMITED (REGISTERED NUMBER: 04758507)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2023


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 June 2022
and 31 May 2023 5,204
DEPRECIATION
At 1 June 2022
and 31 May 2023 5,204
NET BOOK VALUE
At 31 May 2023 -

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 221,311 221,310
Other debtors 1,612 1,908
222,923 223,218

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 246 220
Other creditors 4,061 3,699
4,307 3,919

7. DIRECTOR'S TRANSACTIONS

During the year the company operated a loan account with its director, Mr R S Elder. As at 31 May 2023, the Company owed £1,960 (2022: £1,648) to Mr R S Elder, this amount is included within other creditors due within one year.

There are no repayment terms on these loans and no interest was charged during the period.