ELEMENTS DIGITAL LTD

Company Registration Number:
13707785 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2022

Period of accounts

Start date: 27 October 2021

End date: 31 December 2022

ELEMENTS DIGITAL LTD

Contents of the Financial Statements

for the Period Ended 31 December 2022

Balance sheet
Notes

ELEMENTS DIGITAL LTD

Balance sheet

As at 31 December 2022


Notes

14 months to 31 December 2022


£
Fixed assets
Tangible assets: 3 14,013
Total fixed assets: 14,013
Current assets
Debtors: 4 484,215
Cash at bank and in hand: 6,207
Total current assets: 490,422
Creditors: amounts falling due within one year: 5 (120,366)
Net current assets (liabilities): 370,056
Total assets less current liabilities: 384,069
Creditors: amounts falling due after more than one year: 6 (384,091)
Total net assets (liabilities): (22)
Capital and reserves
Called up share capital: 1,000
Profit and loss account: (1,022)
Shareholders funds: (22)

The notes form part of these financial statements

ELEMENTS DIGITAL LTD

Balance sheet statements

For the year ending 31 December 2022 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 17 January 2024
and signed on behalf of the board by:

Name: Alexander Grebnev
Status: Director

The notes form part of these financial statements

ELEMENTS DIGITAL LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

ELEMENTS DIGITAL LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

2. Employees

14 months to 31 December 2022
Average number of employees during the period 4

ELEMENTS DIGITAL LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

3. Tangible Assets

Total
Cost £
Additions 15,298
At 31 December 2022 15,298
Depreciation
Charge for year 1,285
At 31 December 2022 1,285
Net book value
At 31 December 2022 14,013

ELEMENTS DIGITAL LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

4. Debtors

Other debtors includes the following amounts due from related parties.Amounts due from parent company £ 345,394Amounts due from related company £ 20,940Total £ 366,334

ELEMENTS DIGITAL LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

5. Creditors: amounts falling due within one year note

Accounts payableAmounts are payable within one year

ELEMENTS DIGITAL LTD

Notes to the Financial Statements

for the Period Ended 31 December 2022

6. Creditors: amounts falling due after more than one year note

LoansLong term loan amounts dueAmounts due to parent company £ 152,000Amounts due to shareholder £ 232,091Total £ 384,091