Company Registration No. 11762414 (England and Wales)
ELACHI (HAYES) LIMITED
Unaudited accounts
for the year ended 31 January 2024
ELACHI (HAYES) LIMITED
Unaudited accounts
Contents
ELACHI (HAYES) LIMITED
Company Information
for the year ended 31 January 2024
Director
MD MIZANUR RAHMAN
Company Number
11762414 (England and Wales)
Registered Office
36 STATION APPROACH
HAYES
BROMLEY
BR2 7EJ
ENGLAND
Accountants
CITYGATE CERTIFIED ACCOUNTANTS
EAST LONDON BUSINESS CENTRE
93-101 GREENFIELD ROAD
LONDON
E1 1EJ
ELACHI (HAYES) LIMITED
Statement of financial position
as at 31 January 2024
Tangible assets
12,829
16,034
Cash at bank and in hand
1,190
2,142
Creditors: amounts falling due within one year
(41,307)
(35,000)
Net current assets
16,603
16,529
Total assets less current liabilities
29,432
32,563
Creditors: amounts falling due after more than one year
(33,430)
(39,952)
Net liabilities
(3,998)
(7,389)
Profit and loss account
(3,998)
(7,389)
Shareholders' funds
(3,998)
(7,389)
For the year ending 31 January 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 8 October 2024 and were signed on its behalf by
MD MIZANUR RAHMAN
Director
Company Registration No. 11762414
ELACHI (HAYES) LIMITED
Notes to the Accounts
for the year ended 31 January 2024
ELACHI (HAYES) LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11762414. The registered office is 36 STATION APPROACH, HAYES, BROMLEY, BR2 7EJ, ENGLAND.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
ELACHI (HAYES) LIMITED
Notes to the Accounts
for the year ended 31 January 2024
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 February 2023
3,932
25,978
1,600
31,510
At 31 January 2024
3,932
25,978
1,600
31,510
At 1 February 2023
1,918
12,777
781
15,476
Charge for the year
402
2,640
163
3,205
At 31 January 2024
2,320
15,417
944
18,681
At 31 January 2024
1,612
10,561
656
12,829
At 31 January 2023
2,014
13,201
819
16,034
5
Creditors: amounts falling due within one year
2024
2023
Trade creditors
2,438
25,000
Taxes and social security
643
-
Other creditors
24,853
10,000
6
Creditors: amounts falling due after more than one year
2024
2023
7
Average number of employees
During the year the average number of employees was 6 (2023: 6).