REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 1 April 2023 to 30 September 2024 |
for |
Elston And Son Trading Limited |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 1 April 2023 to 30 September 2024 |
for |
Elston And Son Trading Limited |
Elston And Son Trading Limited (Registered number: 13293219) |
Contents of the Financial Statements |
for the Period 1 April 2023 to 30 September 2024 |
Page |
Company Information | 1 |
Abridged Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
Elston And Son Trading Limited |
Company Information |
for the Period 1 April 2023 to 30 September 2024 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
22 Wessex Park |
Bancombe Business Estate |
Somerton |
Somerset |
TA11 6SB |
Elston And Son Trading Limited (Registered number: 13293219) |
Abridged Balance Sheet |
30 September 2024 |
30.9.24 | 31.3.23 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Intangible assets | 4 |
Tangible assets | 5 |
CURRENT ASSETS |
Stocks |
Debtors |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
CAPITAL AND RESERVES |
Called up share capital | 6 |
Share premium |
Retained earnings | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
The directors acknowledge their responsibilities for: |
(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
Elston And Son Trading Limited (Registered number: 13293219) |
Abridged Balance Sheet - continued |
30 September 2024 |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
Elston And Son Trading Limited (Registered number: 13293219) |
Notes to the Financial Statements |
for the Period 1 April 2023 to 30 September 2024 |
1. | STATUTORY INFORMATION |
Elston And Son Trading Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Intangible assets |
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. |
Tangible fixed assets |
Plant & Machinery - 15% reducing balance |
Stocks |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
Taxation |
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
Current or deferred taxation assets and liabilities are not discounted. |
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
Going concern basis of accounting |
At the balance sheet date, the company's liabilities exceeded its assets due to owing an amount to a third party.. The company has received assurance from the director that they will continue to give financial support to the company for twelve months from the date of signing these financial statements. |
On this basis, the director considers it appropriate to prepare the accounts on a going concern basis. However, should the financial support mentioned above not be forthcoming, the going concern basis used in preparing the company's accounts may be invalid and adjustments would have to be made to reduce the value of assets to their realisable amount and to provide for any further liabilities which might arise. The accounts do not include any adjustments to the company's assets or liabilities that might be necessary should this basis not continue to be appropriate. |
Elston And Son Trading Limited (Registered number: 13293219) |
Notes to the Financial Statements - continued |
for the Period 1 April 2023 to 30 September 2024 |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
4. | INTANGIBLE FIXED ASSETS |
Totals |
£ |
COST |
At 1 April 2023 |
Disposals | ( |
) |
At 30 September 2024 |
AMORTISATION |
At 1 April 2023 |
Eliminated on disposal | ( |
) |
At 30 September 2024 |
NET BOOK VALUE |
At 30 September 2024 |
At 31 March 2023 |
5. | TANGIBLE FIXED ASSETS |
Totals |
£ |
COST |
At 1 April 2023 |
Disposals | ( |
) |
At 30 September 2024 |
DEPRECIATION |
At 1 April 2023 |
Eliminated on disposal | ( |
) |
At 30 September 2024 |
NET BOOK VALUE |
At 30 September 2024 |
At 31 March 2023 |
6. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 30.9.24 | 31.3.23 |
value: | £ | £ |
Ordinary | 1 | 100 | 2 |
Elston And Son Trading Limited (Registered number: 13293219) |
Notes to the Financial Statements - continued |
for the Period 1 April 2023 to 30 September 2024 |
7. | ULTIMATE CONTROLLING PARTY |
The controlling party of the company is Mr D Elston, who together with his wife, are the only shareholders. |