Elizabeth Hall London Limited 09695976 false 2023-02-01 2024-01-31 2024-01-31 The principal activity of the company is retail of goods Digita Accounts Production Advanced 6.30.9574.0 true true 09695976 2023-02-01 2024-01-31 09695976 2024-01-31 09695976 core:RetainedEarningsAccumulatedLosses 2024-01-31 09695976 core:ShareCapital 2024-01-31 09695976 core:CurrentFinancialInstruments core:WithinOneYear 2024-01-31 09695976 core:FurnitureFittingsToolsEquipment 2024-01-31 09695976 bus:SmallEntities 2023-02-01 2024-01-31 09695976 bus:AuditExemptWithAccountantsReport 2023-02-01 2024-01-31 09695976 bus:FullAccounts 2023-02-01 2024-01-31 09695976 bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 09695976 bus:RegisteredOffice 2023-02-01 2024-01-31 09695976 bus:CompanySecretary1 2023-02-01 2024-01-31 09695976 bus:Director2 2023-02-01 2024-01-31 09695976 bus:Director3 2023-02-01 2024-01-31 09695976 bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 09695976 core:FurnitureFittings 2023-02-01 2024-01-31 09695976 countries:AllCountries 2023-02-01 2024-01-31 09695976 2023-01-31 09695976 core:FurnitureFittingsToolsEquipment 2023-01-31 09695976 2022-02-01 2023-01-31 09695976 2023-01-31 09695976 core:RetainedEarningsAccumulatedLosses 2023-01-31 09695976 core:ShareCapital 2023-01-31 09695976 core:CurrentFinancialInstruments core:WithinOneYear 2023-01-31 iso4217:GBP xbrli:pure

Registration number: 09695976

Elizabeth Hall London Limited

Filleted Unaudited Financial Statements

for the Year Ended 31 January 2024

 

Elizabeth Hall London Limited
(Registration number: 09695976)

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 5

 

Elizabeth Hall London Limited
(Registration number: 09695976)

Company Information

Directors

L J Hall

Ms S Cheetham

Company secretary

M Hall

Registered office

8 Woodgate Manor,
Penhurst Road
Penhurst
TN11 8DY

Accountants

Thompson Jenner LLP
Chartered Accountants
28 Alexandra Terrace
Exmouth
Devon
EX8 1BD

 

Elizabeth Hall London Limited
(Registration number: 09695976)

Balance Sheet as at 31 January 2024

Note

2024
£

2023
£

Current assets

 

Stocks

5

1,940

1,940

Cash at bank and in hand

 

129

225

 

2,069

2,165

Creditors: Amounts falling due within one year

6

(16,117)

(16,116)

Net liabilities

 

(14,048)

(13,951)

Capital and reserves

 

Called up share capital

2

2

Profit and loss account

(14,050)

(13,953)

Total equity

 

(14,048)

(13,951)

For the financial 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.

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 30 October 2024 and signed on its behalf by:
 

.........................................
L J Hall
Director

 

Elizabeth Hall London Limited
(Registration number: 09695976)

Notes to the Unaudited Financial Statements for the Year Ended 31 January 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:
8 Woodgate Manor,
Penhurst Road
Penhurst
TN11 8DY

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 directors have acknowledged the negative reserves at the balance sheet date and pledged to continue to support the company so it can meet its obligations as they arise. Therefore the financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

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.

 

Elizabeth Hall London Limited
(Registration number: 09695976)

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

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:

Asset class

Depreciation method and rate

Fixtures and fittings

20% straight line basis

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.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

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 - 2).

 

Elizabeth Hall London Limited
(Registration number: 09695976)

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

4

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

At 1 February 2023

709

709

At 31 January 2024

709

709

Depreciation

At 1 February 2023

709

709

At 31 January 2024

709

709

Carrying amount

At 31 January 2024

-

-

5

Stocks

2024
£

2023
£

Other stocks

1,940

1,940

6

Creditors

2024
£

2023
£

Due within one year

Other creditors

15,921

15,920

Accrued expenses

196

196

16,117

16,116