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REGISTERED NUMBER: 06126011 (England and Wales)















Unaudited Financial Statements for the Year Ended 29 February 2024

for

ELLTAY'S LIMITED

ELLTAY'S LIMITED (REGISTERED NUMBER: 06126011)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 6

ELLTAY'S LIMITED

Company Information
for the Year Ended 29 February 2024







DIRECTOR: P B Cullen





REGISTERED OFFICE: Enterprise House
The Courtyard
Old Courthouse Road
Bromborough
Merseyside
CH62 4UE





REGISTERED NUMBER: 06126011 (England and Wales)





ACCOUNTANTS: LBW Chartered Accountants
Enterprise House
The Courtyard
Old Courthouse Road
Bromborough
Merseyside
CH62 4UE

ELLTAY'S LIMITED (REGISTERED NUMBER: 06126011)

Balance Sheet
29 February 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,889 2,518

CURRENT ASSETS
Debtors 5 12,934 7,563
Cash at bank 4,770 7,202
17,704 14,765
CREDITORS
Amounts falling due within one year 6 64,867 52,589
NET CURRENT LIABILITIES (47,163 ) (37,824 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(45,274

)

(35,306

)

CREDITORS
Amounts falling due after more than one
year

7

26,616

36,616
NET LIABILITIES (71,890 ) (71,922 )

CAPITAL AND RESERVES
Called up share capital 8 2 2
Retained earnings 9 (71,892 ) (71,924 )
SHAREHOLDERS' FUNDS (71,890 ) (71,922 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 14 November 2024 and were signed by:




Mrs N S Cullen - Director



P B Cullen - Director


ELLTAY'S LIMITED (REGISTERED NUMBER: 06126011)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

ELLTAY'S LIMITED is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial statements have been prepared on the basis that the enterprise will continue in operational existence for the foreseeable future. This means in particular that the profit and loss account and balance sheet assume no intention nor necessity to liquidate or curtail significantly the scale of operation. Further, the financial statements have been prepared on the basis that continued support will be given by the company's directors.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on cost

No depreciation is charged in the year of acquisition.

Taxation
Taxation for the year 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

ELLTAY'S LIMITED (REGISTERED NUMBER: 06126011)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 March 2023
and 29 February 2024 8,950 7,929 739 17,618
DEPRECIATION
At 1 March 2023 6,672 7,690 738 15,100
Charge for year 569 60 - 629
At 29 February 2024 7,241 7,750 738 15,729
NET BOOK VALUE
At 29 February 2024 1,709 179 1 1,889
At 28 February 2023 2,278 239 1 2,518

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade debtors 12,934 7,563

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Bank loans and overdrafts 5,000 -
Trade creditors 20,556 26,156
Taxation and social security 7,193 2,447
Other creditors 32,118 23,986
64,867 52,589

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
29.2.24 28.2.23
£    £   
Bank loans 26,616 36,616

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 29.2.24 28.2.23
value: £    £   
2 Ordinary £1 2 2

9. RESERVES
Retained
earnings
£   

At 1 March 2023 (71,924 )
Profit for the year 32
At 29 February 2024 (71,892 )

10. RELATED PARTY DISCLOSURES

Included in other creditors is an amount of £29,360 (2023: £21,228), being due to Mr P Cullen, the company director.

ELLTAY'S LIMITED (REGISTERED NUMBER: 06126011)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

11. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is P B Cullen.

12. GOING CONCERN

The director considers the Going Concern basis of preparing the accounts appropriate having considered the period beyond the next 12 months of trading.

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
ELLTAY'S LIMITED

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of ELLTAY'S LIMITED for the year ended 29 February 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of ELLTAY'S LIMITED in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of ELLTAY'S LIMITED and state those matters that we have agreed to state to the director of ELLTAY'S LIMITED in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than ELLTAY'S LIMITED and its director for our work or for this report.

It is your duty to ensure that ELLTAY'S LIMITED has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of ELLTAY'S LIMITED. You consider that ELLTAY'S LIMITED 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 ELLTAY'S LIMITED. 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.






LBW Chartered Accountants
Enterprise House
The Courtyard
Old Courthouse Road
Bromborough
Merseyside
CH62 4UE


Date: .............................................