Caseware UK (AP4) 2023.0.135 2023.0.135 2024-02-292024-02-29false2023-03-01accountancy advice and support22truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 13194816 2023-03-01 2024-02-29 13194816 2022-03-01 2023-02-28 13194816 2024-02-29 13194816 2023-02-28 13194816 c:Director2 2023-03-01 2024-02-29 13194816 d:OfficeEquipment 2023-03-01 2024-02-29 13194816 d:OfficeEquipment 2024-02-29 13194816 d:OfficeEquipment 2023-02-28 13194816 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-03-01 2024-02-29 13194816 d:CurrentFinancialInstruments 2024-02-29 13194816 d:CurrentFinancialInstruments 2023-02-28 13194816 d:CurrentFinancialInstruments d:WithinOneYear 2024-02-29 13194816 d:CurrentFinancialInstruments d:WithinOneYear 2023-02-28 13194816 d:ShareCapital 2024-02-29 13194816 d:ShareCapital 2023-02-28 13194816 d:RetainedEarningsAccumulatedLosses 2024-02-29 13194816 d:RetainedEarningsAccumulatedLosses 2023-02-28 13194816 c:OrdinaryShareClass1 2023-03-01 2024-02-29 13194816 c:OrdinaryShareClass1 2024-02-29 13194816 c:OrdinaryShareClass1 2023-02-28 13194816 c:FRS102 2023-03-01 2024-02-29 13194816 c:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 13194816 c:FullAccounts 2023-03-01 2024-02-29 13194816 c:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 13194816 2 2023-03-01 2024-02-29 13194816 6 2023-03-01 2024-02-29 13194816 e:PoundSterling 2023-03-01 2024-02-29 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 13194816














ELOMONT LIMITED
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

 
ELOMONT LIMITED
 

CONTENTS



Page
Statement of Financial Position
1 - 2
Notes to the Financial Statements
3 - 6


 
ELOMONT LIMITED
REGISTERED NUMBER:13194816

STATEMENT OF FINANCIAL POSITION
AS AT 29 FEBRUARY 2024

29 February
28 February
2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
626
1,192

Investments
 5 
35,527
-

  
36,153
1,192

Current assets
  

Debtors: amounts falling due within one year
 6 
5,754
5,858

Cash at bank and in hand
  
6,573
47,663

  
12,327
53,521

Creditors: amounts falling due within one year
 7 
(5,672)
(6,692)

Net current assets
  
 
 
6,655
 
 
46,829

  

Net assets
  
42,808
48,021


Capital and reserves
  

Called up share capital 
 8 
100
100

Profit and loss account
  
42,708
47,921

  
42,808
48,021


Page 1

 
ELOMONT LIMITED
REGISTERED NUMBER:13194816
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 29 FEBRUARY 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




P Howlett
Director

Date: 8 October 2024

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
ELOMONT LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

1.


General information

Elomont Limited is a limited liability company registered in England and Wales with its registered office at 9 Birchwood Road, Petts Wood, Kent, BR5 1NX.

The principal activity of the company is that of provision of accounting advice and support primarily to organisations in the finance sector.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Turnover

Turnover comprises revenue recognised by the company in respect of amounts invoiced during the year, exclusive of Value Added Tax and trade discounts.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is provided on the following basis:

Office equipment
-
33%
straight line

 
2.6

Valuation of investments

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in the Statement of Comprehensive Income for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Page 3

 
ELOMONT LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

2.Accounting policies (continued)

 
2.7

Debtors

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

 
2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty.

 
2.9

Creditors

Short term creditors are measured at the transaction price.

 
2.10

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees




The average monthly number of employees, including directors, during the year was 2 (2023 - 2).

Page 4

 
ELOMONT LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

4.


Tangible fixed assets







Office equipment

£



Cost 


At 1 March 2023
2,505


Additions
404



At 29 February 2024

2,909



Depreciation


At 1 March 2023
1,313


Charge for the year on owned assets
970



At 29 February 2024

2,283



Net book value



At 29 February 2024
626


5.


Fixed asset investments








Unlisted investments

£



Valuation


Additions
65,200


Disposals
(30,067)


Revaluations
394



At 29 February 2024
35,527




Page 5

 
ELOMONT LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 FEBRUARY 2024

6.


Debtors

29 February
28 February
2024
2023
£
£


Other debtors
-
200

Prepayments and accrued income
5,754
5,658

5,754
5,858



7.


Creditors: Amounts falling due within one year

29 February
28 February
2024
2023
£
£

Taxation and social security
3,333
4,471

Accruals and deferred income
2,339
2,221

5,672
6,692



8.


Share capital

29 February
28 February
2024
2023
£
£
Allotted, called up and fully paid



100 (2023 - 100) Ordinary shares of £1 each
100
100


 
Page 6