1 June 2023 false No description of principal activity Taxfiler 2024.5 SC534499business:PrivateLimitedCompanyLtd2023-06-012024-05-31 SC5344992023-05-31 SC5344992023-06-012024-05-31 SC534499business:AuditExemptWithAccountantsReport2023-06-012024-05-31 SC534499business:FilletedAccounts2023-06-012024-05-31 SC5344992024-05-31 SC534499business:Director12023-06-012024-05-31 SC534499business:RegisteredOffice2023-06-012024-05-31 SC5344992023-05-31 SC534499core:WithinOneYear2024-05-31 SC534499core:WithinOneYear2023-05-31 SC534499core:AfterOneYear2024-05-31 SC534499core:AfterOneYear2023-05-31 SC534499core:ShareCapitalcore:PreviouslyStatedAmount2024-05-31 SC534499core:ShareCapitalcore:PreviouslyStatedAmount2023-05-31 SC534499core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-05-31 SC534499core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-05-31 SC534499core:PreviouslyStatedAmount2024-05-31 SC534499core:PreviouslyStatedAmount2023-05-31 SC534499business:SmallEntities2023-06-012024-05-31 SC534499countries:Scotland2023-06-012024-05-31 SC534499core:MotorVehicles2023-06-012024-05-31 SC534499core:ComputerEquipment2023-06-012024-05-31 SC534499core:MotorVehicles2023-05-31 SC534499core:ComputerEquipment2023-05-31 SC534499core:MotorVehicles2024-05-31 SC534499core:ComputerEquipment2024-05-31 SC5344992022-06-012023-05-31 iso4217:GBP xbrli:pure
Company Registration No. SC534499 (Scotland)
ELGHANY LTD Unaudited accounts for the year ended 31 May 2024
ELGHANY LTD Unaudited accounts Contents
Page
- 2 -
ELGHANY LTD Company Information for the year ended 31 May 2024
Director
Ahmed A E Abdelghany
Company Number
SC534499 (Scotland)
Registered Office
22 DENVIEW WIND KINGSWELLS ABERDEED AB15 8PF SCOTLAND
Accountants
Taj - Accountants and Business Consultants Ltd 101 Brigsley Road Waltham Grimsby United Kingdom DN37 0LB
- 3 -
ELGHANY LTD Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
57,468 
76,987 
Current assets
Cash at bank and in hand
34,493 
22,078 
Creditors: amounts falling due within one year
(17,565)
(5,734)
Net current assets
16,928 
16,344 
Total assets less current liabilities
74,396 
93,331 
Creditors: amounts falling due after more than one year
(62,662)
(71,267)
Net assets
11,734 
22,064 
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
11,724 
22,054 
Shareholders' funds
11,734 
22,064 
For the year ending 31 May 2024 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 director acknowledges his 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 and authorised for issue on 5 September 2024 and were signed on its behalf by
Ahmed A E Abdelghany Director Company Registration No. SC534499
- 4 -
ELGHANY LTD Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
ELGHANY LTD is a private company, limited by shares, registered in Scotland, registration number SC534499. The registered office is 22 DENVIEW WIND, KINGSWELLS, ABERDEED, AB15 8PF, SCOTLAND.
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:
Motor vehicles
25% reducing balance
Computer equipment
25% straight line basis
4
Tangible fixed assets
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 June 2023
85,184 
1,449 
86,633 
At 31 May 2024
85,184 
1,449 
86,633 
Depreciation
At 1 June 2023
8,560 
1,086 
9,646 
Charge for the year
19,156 
363 
19,519 
At 31 May 2024
27,716 
1,449 
29,165 
Net book value
At 31 May 2024
57,468 
- 
57,468 
At 31 May 2023
76,624 
363 
76,987 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
8,852 
5,734 
Taxes and social security
8,713 
- 
17,565 
5,734 
- 5 -
ELGHANY LTD Notes to the Accounts for the year ended 31 May 2024
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
62,662 
71,267 
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).
- 6 -