Elless Solutions Limited 10081258 false 2023-04-01 2024-03-31 2024-03-31 The principal activity of the company is management consultancy services. Digita Accounts Production Advanced 6.30.9574.0 true true 10081258 2023-04-01 2024-03-31 10081258 2024-03-31 10081258 core:CurrentFinancialInstruments 2024-03-31 10081258 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 10081258 core:FurnitureFittingsToolsEquipment 2024-03-31 10081258 1 2024-03-31 10081258 bus:SmallEntities 2023-04-01 2024-03-31 10081258 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 10081258 bus:FilletedAccounts 2023-04-01 2024-03-31 10081258 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 10081258 bus:RegisteredOffice 2023-04-01 2024-03-31 10081258 bus:CompanySecretary1 2023-04-01 2024-03-31 10081258 bus:Director1 2023-04-01 2024-03-31 10081258 bus:Director3 2023-04-01 2024-03-31 10081258 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 10081258 core:OfficeEquipment 2023-04-01 2024-03-31 10081258 countries:EnglandWales 2023-04-01 2024-03-31 10081258 1 2023-04-01 2024-03-31 10081258 2023-03-31 10081258 core:FurnitureFittingsToolsEquipment 2023-03-31 10081258 1 2023-03-31 10081258 2022-04-01 2023-03-31 10081258 2023-03-31 10081258 core:CurrentFinancialInstruments 2023-03-31 10081258 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 10081258 1 2023-03-31 10081258 1 2022-04-01 2023-03-31 10081258 1 2022-03-31 iso4217:GBP xbrli:pure

Registration number: 10081258

Elless Solutions Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 March 2024

 

Elless Solutions Limited

Contents
for the Year Ended 31 March 2024

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 6

 

Elless Solutions Limited

Company Information
for the Year Ended 31 March 2024

Directors

L Holmes

S Holmes

Company secretary

Windsor Accountancy Limited

Registered office

St Stephens House
Arthur Road
Windsor
Berkshire
SL4 1RU

Registered number

10081258 ( England and Wales )

Accountants

Windsor Accountancy Ltd
Chartered Certified Accountants
St. Stephens House
Arthur Road
Windsor
Berkshire
SL4 1RU

 

Elless Solutions Limited

(Registration number: 10081258)
Balance Sheet as at 31 March 2024

Note

2024
£

2023
£

Current assets

 

Debtors

5

5,759

4,915

Cash at bank and in hand

 

7,158

7,032

 

12,917

11,947

Creditors: Amounts falling due within one year

6

(16,452)

(17,253)

Net liabilities

 

(3,535)

(5,306)

Capital and reserves

 

Called up share capital

100

100

Retained earnings

(3,635)

(5,406)

Shareholders' deficit

 

(3,535)

(5,306)

For the financial year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account
has been taken.

Approved and authorised by the Board on 24 July 2024 and signed on its behalf by:
 

.........................................
S Holmes
Director

 

Elless Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
St Stephens House
Arthur Road
Windsor
Berkshire
SL4 1RU

These financial statements were authorised for issue by the Board on 24 July 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis on the understanding that the directors will continue to financially support the company for the foreseeable future.

Tax

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 taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

 

Elless Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

Asset class

Depreciation method and rate

Office equipment

33% straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade Debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables. Amounts classified as receivable within one year are not amortised.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2023 - 1).

 

Elless Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

4

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

At 1 April 2023

903

903

At 31 March 2024

903

903

Depreciation

At 1 April 2023

903

903

At 31 March 2024

903

903

Carrying amount

At 31 March 2024

-

-

5

Debtors

Current

2024
£

2023
£

Trade debtors

5,340

4,915

Prepayments

419

-

 

5,759

4,915

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Taxation and social security

1,483

2,109

Accruals and deferred income

13

-

Other creditors

14,956

15,144

16,452

17,253

 

Elless Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

7

Related party transactions

Transactions with directors

2024

At 1 April 2023
£

Advances to director
£

Repayments by director
£

At 31 March 2024
£

Advances and credits

(15,144)

500

(312)

(14,956)

 

2023

At 1 April 2022
£

Repayments by director
£

At 31 March 2023
£

Advances and credits

(2,332)

(12,812)

(15,144)

 

Other transactions with directors

The balance due to the directors at the year end date was free of interest and deemed repayable on demand.