Company registration number SC259811 (Scotland)
ELMSWOOD (SCOTLAND) LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024
PAGES FOR FILING WITH REGISTRAR
ELMSWOOD (SCOTLAND) LTD
CONTENTS
Page
Accountants' report
1
Balance sheet and notes to the financial statements
2 - 3
ELMSWOOD (SCOTLAND) LTD
REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY ACCOUNTS OF ELMSWOOD (SCOTLAND) LTD
- 1 -
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Elmswood (Scotland) Ltd for the year ended 31 January 2024 set out on pages 2 to 3 from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the ICAS we are subject to its ethical and other professional requirements which are detailed at https://icas.com/icas-framework-preparation-of-accounts.
This report is made solely to the board of directors of Elmswood (Scotland) Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Elmswood (Scotland) Ltd and state those matters that we have agreed to state to the board of directors of Elmswood (Scotland) Ltd, as a body, in this report in accordance with the requirements of the ICAS as detailed at https://icas.com/icas-framework-preparation-of-accounts. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Elmswood (Scotland) Ltd and its board of directors as a body, for our work or for this report.
It is your duty to ensure that Elmswood (Scotland) Ltd has kept adequate accounting records and to prepare statutory financial statements that comply with the requirements of the Companies Act 2006. You consider that Elmswood (Scotland) Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Elmswood (Scotland) Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
MMG Chartered Accountants
9 October 2024
Chartered Accountants
182 High Street
Montrose
ANGUS
Scotland
DD10 8PH
ELMSWOOD (SCOTLAND) LTD
BALANCE SHEET
AS AT
31 JANUARY 2024
31 January 2024
- 2 -
2024
2023
£
£
£
£
Fixed assets
19,137
21,968
Current assets
65,258
106,305
Prepayments and accrued income
1,199
Creditors: amounts falling due within one year
(15,230)
(64,862)
Net current assets
50,028
42,642
Total assets less current liabilities
69,165
64,610
Net assets
69,165
64,610
Capital and reserves
69,165
64,610
Notes to the financial statements
1
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2024
2023
Number
Number
Employees
2
2
Elmswood (Scotland) Ltd is a private company limited by shares incorporated in Scotland. The registered office is 182 - 184 High Street, Montrose, ANGUS, Scotland, DD10 8PH.
For the year ended 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
ELMSWOOD (SCOTLAND) LTD
BALANCE SHEET (CONTINUED)
AS AT
31 JANUARY 2024
31 January 2024
- 3 -
The financial statements were approved and signed by the director and authorised for issue on 9 October 2024
Mr S P T Elms
Director
Company registration number SC259811 (Scotland)