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REGISTERED NUMBER: SC742283 (Scotland)













UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

24 AUGUST 2022 TO 23 FEBRUARY 2024

FOR

ELRICK ACCOUNTANCY LIMITED

ELRICK ACCOUNTANCY LIMITED (REGISTERED NUMBER: SC742283)






CONTENTS OF THE FINANCIAL STATEMENTS
for the period 24 AUGUST 2022 TO 23 FEBRUARY 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3

Chartered Accountants' Report 6

ELRICK ACCOUNTANCY LIMITED

COMPANY INFORMATION
for the period 24 AUGUST 2022 TO 23 FEBRUARY 2024







DIRECTOR: Mrs F Elrick





REGISTERED OFFICE: 10 Roxburgh Street
Grangemouth
FK3 9AJ





REGISTERED NUMBER: SC742283 (Scotland)





ACCOUNTANTS: Thomas Barrie & Co LLP
Atlantic House
1a Cadogan Street
Glasgow
G2 6QE

ELRICK ACCOUNTANCY LIMITED (REGISTERED NUMBER: SC742283)

STATEMENT OF FINANCIAL POSITION
23 FEBRUARY 2024

Notes £   
CURRENT ASSETS
Cash at bank 15,733

CREDITORS
Amounts falling due within one year 5 (3,712 )
NET CURRENT ASSETS 12,021
TOTAL ASSETS LESS CURRENT
LIABILITIES

12,021

CAPITAL AND RESERVES
Called up share capital 100
Retained earnings 11,921
SHAREHOLDERS' FUNDS 12,021

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 23 February 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 23 February 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 31 January 2024 and were signed by:





Mrs F Elrick - Director


ELRICK ACCOUNTANCY LIMITED (REGISTERED NUMBER: SC742283)

NOTES TO THE FINANCIAL STATEMENTS
for the period 24 AUGUST 2022 TO 23 FEBRUARY 2024

1. STATUTORY INFORMATION

Elrick Accountancy Limited is a private company, limited by shares, registered in Scotland, registration number SC742283. The registered office is 10 Roxburgh Street, Grangemouth FK3 9AJ.

The principal activity of the company is accounting and taxation services.

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.

The presentational and functional currency of the financial statements is Pounds Sterling (£).

Significant judgements and estimates
In preparing these financial statements, the director is required to make judgements, estimates and assumptions that affect the application of the Company's accounting policies and the reported amounts of assets, liabilities, income and expenses. Actual results may differ from these estimates. Estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to estimates are recognised prospectively.

There are no significant judgements or estimates used in the preparation of these accounts.

Turnover
Turnover is measured at the fair value of consideration received or receivable, taking into account the amount of any discounts and rebates allowed by the entity, but excluding value added tax and other sales taxes.

Services
Income from services is recognised when performed, such that risks and rewards have been transferred.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery etc - 33% on cost

Financial instruments
The company has financial assets and financial liabilities of a kind that qualify as basic financial instruments.

Debtors
Short term debtors are measured at transaction price, less any impairment.

Cash and cash equivalents
Cash and cash equivalents comprise cash balances.

Creditors
Short term trade creditors are measured at the transaction price.


ELRICK ACCOUNTANCY LIMITED (REGISTERED NUMBER: SC742283)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the period 24 AUGUST 2022 TO 23 FEBRUARY 2024

2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the period 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 period 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 549
Disposals (549 )
At 23 February 2024 -
DEPRECIATION
Charge for period 151
Eliminated on disposal (151 )
At 23 February 2024 -
NET BOOK VALUE
At 23 February 2024 -

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Taxation and social security 3,712

ELRICK ACCOUNTANCY LIMITED (REGISTERED NUMBER: SC742283)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the period 24 AUGUST 2022 TO 23 FEBRUARY 2024

6. RELATED PARTY DISCLOSURES

During the period, total dividends of £4,000 were paid to the director .

CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
ELRICK ACCOUNTANCY LIMITED

The following reproduces the text of the report prepared for the director 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 Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director 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, we have prepared for your approval the financial statements of Elrick Accountancy Limited for the period ended 23 February 2024 which comprise the Income Statement, Statement of Financial Position, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of ICAS, we are subject to its ethical and other professional requirements which are detailed at http://www.icas.com/accountspreparationguidance.

This report is made solely to the director of Elrick Accountancy Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Elrick Accountancy Limited and state those matters that we have agreed to state to the director of Elrick Accountancy Limited in this report in accordance with the requirements of ICAS as detailed at http://www.icas.com/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Elrick Accountancy Limited 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 Elrick Accountancy Limited. You consider that Elrick Accountancy Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Elrick Accountancy Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Thomas Barrie & Co LLP
Atlantic House
1a Cadogan Street
Glasgow
G2 6QE


31 January 2024