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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
Page
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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
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ELACHI (HAYES) LIMITED Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
12,829 
16,034 
Current assets
Inventories
56,720 
49,387 
Cash at bank and in hand
1,190 
2,142 
57,910 
51,529 
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)
Capital and reserves
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
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ELACHI (HAYES) LIMITED Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
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.
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.
Turnover
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:
Plant & machinery
20%
Fixtures & fittings
20%
Computer equipment
20%
Pension costs
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
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
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.
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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 
Depreciation
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 
Net book value
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 
£ 
£ 
VAT
13,373 
- 
Trade creditors
2,438 
25,000 
Taxes and social security
643 
- 
Other creditors
24,853 
10,000 
41,307 
35,000 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
33,430 
39,952 
7
Average number of employees
During the year the average number of employees was 6 (2023: 6).
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