Company No:
Contents
DIRECTORS | Mr R F W Cox |
Mr J P Smith |
REGISTERED OFFICE | Centenary House Peninsula Park |
Rydon Lane | |
Exeter | |
EX2 7XE | |
United Kingdom |
COMPANY NUMBER | 14256450 (England and Wales) |
CHARTERED ACCOUNTANTS | Francis Clark LLP |
Centenary House | |
Peninsula Park | |
Rydon Lane | |
Exeter | |
Devon EX2 7XE |
Note | 31.07.2023 | |
£ | ||
Fixed assets | ||
Tangible assets | 3 |
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46,199 | ||
Current assets | ||
Debtors | 4 |
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Cash at bank and in hand |
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4,412 | ||
Creditors: amounts falling due within one year | 5 | (
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Net current liabilities | (14,923) | |
Total assets less current liabilities | 31,276 | |
Creditors: amounts falling due after more than one year | 6 | (
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Net liabilities | (
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Capital and reserves | ||
Called-up share capital | 7 |
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Profit and loss account | (
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Total shareholders' deficit | (
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Directors' responsibilities:
The financial statements of Eleos Coalitions Limited (registered number:
Mr R F W Cox
Director |
The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period, unless otherwise stated.
Eleos Coalitions Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Centenary House Peninsula Park, Rydon Lane, Exeter, EX2 7XE, United Kingdom. The Company's principal place of business is Unit 102 Christian Mill Tamerton Foliot Road, Plymouth, PL6 5DS as the principal place of business.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.
Plant and machinery |
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Office equipment |
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Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Profit and Loss Account over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.
Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.
Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.
Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.
Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.
Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.
Other basic financial liabilities are measured at amortised cost.
Period from 26.07.2022 to 31.07.2023 |
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Number | |
Monthly average number of persons employed by the Company during the period, including directors |
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Plant and machinery | Office equipment | Total | |||
£ | £ | £ | |||
Cost | |||||
At 26 July 2022 |
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Additions |
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At 31 July 2023 |
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Accumulated depreciation | |||||
At 26 July 2022 |
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Charge for the financial period |
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At 31 July 2023 |
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Net book value | |||||
At 31 July 2023 |
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31.07.2023 | |
£ | |
Trade debtors |
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Other debtors |
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31.07.2023 | |
£ | |
Trade creditors |
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Other taxation and social security |
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Other creditors |
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31.07.2023 | |
£ | |
Other creditors |
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31.07.2023 | |
£ | |
Allotted, called-up and fully-paid | |
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100 |
Other financial commitments
31.07.2023 | |
£ | |
Lease commitment |
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Other related party transactions
31.07.2023 | |
£ | |
Premier Parking Solutions Limited | 77,080 |
The entity's director has a controlling interest in Premier Parking Solutions Limited. At the year end a loan existed between the company and Premier Parking Solutions Limited. No interest was paid on this loan and the loan is repayable on demand.