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Company Registration No. 12246373 (England and Wales)
The Singing Elf Ltd Unaudited accounts for the year ended 31 October 2023
The Singing Elf Ltd Unaudited accounts Contents
Page
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The Singing Elf Ltd Company Information for the year ended 31 October 2023
Directors
Rebecca McGarvie Anthony Milan Allan Smith
Company Number
12246373 (England and Wales)
Registered Office
The Old Rectory The Broadway Houghton Le Spring DH4 4BB United Kingdom
Accountants
Genesis Accountants G27 Amber Court William Armstrong Drive Newcastle Upon Tyne NE4 7YA
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The Singing Elf Ltd Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
300 
700 
Tangible assets
1,387 
2,328 
1,687 
3,028 
Current assets
Inventories
2,500 
1,000 
Debtors
10,875 
9,932 
Cash at bank and in hand
7,662 
14,919 
21,037 
25,851 
Creditors: amounts falling due within one year
(29,148)
(20,241)
Net current (liabilities)/assets
(8,111)
5,610 
Total assets less current liabilities
(6,424)
8,638 
Creditors: amounts falling due after more than one year
(2,000)
(3,200)
Provisions for liabilities
Deferred tax
(575)
(575)
Net (liabilities)/assets
(8,999)
4,863 
Reserves
Profit and loss account
(8,999)
4,863 
Members' funds
(8,999)
4,863 
For the year ending 31 October 2023 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 31 July 2024 and were signed on its behalf by
Rebecca McGarvie Director Company Registration No. 12246373
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The Singing Elf Ltd Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
The Singing Elf Ltd is a private company, limited by guarantee, registered in England and Wales, registration number 12246373. The registered office is The Old Rectory, The Broadway, Houghton Le Spring, DH4 4BB, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
33% reducing balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 November 2022
1,600 
At 31 October 2023
1,600 
Amortisation
At 1 November 2022
900 
Charge for the year
400 
At 31 October 2023
1,300 
Net book value
At 31 October 2023
300 
At 31 October 2022
700 
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The Singing Elf Ltd Notes to the Accounts for the year ended 31 October 2023
5
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 November 2022
3,458 
At 31 October 2023
3,458 
Depreciation
At 1 November 2022
1,130 
Charge for the year
941 
At 31 October 2023
2,071 
Net book value
At 31 October 2023
1,387 
At 31 October 2022
2,328 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
10,875 
9,932 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
1,200 
1,200 
Trade creditors
20,192 
8,641 
Taxes and social security
- 
1,092 
Other creditors
- 
1,556 
Loans from directors
7,756 
7,752 
29,148 
20,241 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
2,000 
3,200 
9
Company limited by guarantee
The company is limited by guarantee and has no share capital. Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
10
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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