ELJATOH ACCOUNTANTS LTD

Company Registration Number:
09128951 (England and Wales)

Unaudited abridged accounts for the year ended 31 July 2024

Period of accounts

Start date: 01 August 2023

End date: 31 July 2024

ELJATOH ACCOUNTANTS LTD

Contents of the Financial Statements

for the Period Ended 31 July 2024

Balance sheet
Notes

ELJATOH ACCOUNTANTS LTD

Balance sheet

As at 31 July 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 4,728 7,220
Total fixed assets: 4,728 7,220
Current assets
Debtors: 4 355 1,983
Cash at bank and in hand: 5,031 4,159
Total current assets: 5,386 6,142
Creditors: amounts falling due within one year: 5 (731) (257)
Net current assets (liabilities): 4,655 5,885
Total assets less current liabilities: 9,383 13,105
Creditors: amounts falling due after more than one year: 6 (8,298) (10,560)
Total net assets (liabilities): 1,085 2,545
Capital and reserves
Called up share capital: 100 100
Other reserves:   1,094
Profit and loss account: 985 1,351
Shareholders funds: 1,085 2,545

The notes form part of these financial statements

ELJATOH ACCOUNTANTS LTD

Balance sheet statements

For the year ending 31 July 2024 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 19 September 2024
and signed on behalf of the board by:

Name: Elijah Chukwu
Status: Director

The notes form part of these financial statements

ELJATOH ACCOUNTANTS LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

1. Accounting policies

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

Other accounting policies

Eljatoh Accountants LTD hereinafter referred to as the company is registered with companies house with registration no 09128951 with Elijah Chukwu as the sole director. The company provide accounting services to its clients through the director and other freelance staff. The financial statement has been prepared under the historical cost convention and in accordance with the financial Reporting Standard for Smaller Entities (effective January 2016)

ELJATOH ACCOUNTANTS LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

2. Employees

2024 2023
Average number of employees during the period 1 1

This is the wages paid to admin support to a freelance staff during the period under reporting.

ELJATOH ACCOUNTANTS LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

3. Tangible Assets

Total
Cost £
At 01 August 2023 9,537
At 31 July 2024 9,537
Depreciation
At 01 August 2023 2,317
Charge for year 584
Other adjustments 1,908
At 31 July 2024 4,809
Net book value
At 31 July 2024 4,728
At 31 July 2023 7,220

This is the figure shown during the period. Property, plant and equipment (PPE) are the long-term tangible assets that are shown on the balance sheet of the company. The company recognizes an asset as an item of PPE when the asset has a useful life for more than one year and it is used for production or supply of goods or services, for rental to others, or for administrative purposes. Property,

ELJATOH ACCOUNTANTS LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

4. Debtors

2024 2023
££
Debtors due after more than one year: 355 1,983

This has already been deducted from the director wage. Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at the amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

ELJATOH ACCOUNTANTS LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

5. Creditors: amounts falling due within one year note

This is the corporation tax and the self assessment tax for the director due at year end. The director has made provision to pay the tax. Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

ELJATOH ACCOUNTANTS LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

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

This is the bounce back loan taken out by the director during the covid19. the director is continuing to repay creditors.