IRIS Accounts Production v24.3.0.553 06837219 Board of Directors 1.4.23 31.3.24 31.3.24 false true false false true false 52499 17202 6230 52499 52499 17202 6230 52499 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh068372192023-03-31068372192024-03-31068372192023-04-012024-03-31068372192022-03-31068372192022-04-012023-03-31068372192023-03-3106837219ns15:EnglandWales2023-04-012024-03-3106837219ns14:PoundSterling2023-04-012024-03-3106837219ns10:Director12023-04-012024-03-3106837219ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3106837219ns10:SmallEntities2023-04-012024-03-3106837219ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3106837219ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3106837219ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3106837219ns10:FullAccounts2023-04-012024-03-3106837219ns10:Director2422023-03-3106837219ns10:Director2422022-03-3106837219ns10:Director2422023-04-012024-03-3106837219ns10:Director2422022-04-012023-03-3106837219ns10:Director2422024-03-3106837219ns10:Director2422023-03-3106837219ns10:Director22023-04-012024-03-3106837219ns10:RegisteredOffice2023-04-012024-03-3106837219ns5:CurrentFinancialInstruments2024-03-3106837219ns5:CurrentFinancialInstruments2023-03-3106837219ns5:Non-currentFinancialInstruments2024-03-3106837219ns5:Non-currentFinancialInstruments2023-03-3106837219ns5:ShareCapital2024-03-3106837219ns5:ShareCapital2023-03-3106837219ns5:RetainedEarningsAccumulatedLosses2024-03-3106837219ns5:RetainedEarningsAccumulatedLosses2023-03-3106837219ns5:PlantMachinery2023-04-012024-03-3106837219ns5:PlantMachinery2023-03-3106837219ns5:PlantMachinery2024-03-3106837219ns5:PlantMachinery2023-03-3106837219ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3106837219ns5:WithinOneYearns5:CurrentFinancialInstruments2023-03-31068372191ns10:Director12023-03-31068372191ns10:Director12022-03-31068372191ns10:Director12023-04-012024-03-31068372191ns10:Director12022-04-012023-03-31068372191ns10:Director12024-03-31068372191ns10:Director12023-03-31
REGISTERED NUMBER: 06837219 (England and Wales)









UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

ELLIOT LAWRIE INTERIOR RENOVATIONS LTD

ELLIOT LAWRIE INTERIOR RENOVATIONS LTD (REGISTERED NUMBER: 06837219)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ELLIOT LAWRIE INTERIOR RENOVATIONS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: E C Lawrie
Mrs J D Lawrie





REGISTERED OFFICE: 4 St Georges Villas
TRURO
Cornwall
TR1 3NL





REGISTERED NUMBER: 06837219 (England and Wales)





ACCOUNTANTS: TC Group
The Old Carriage Works
Moresk Road
Truro
Cornwall
TR1 1DG

ELLIOT LAWRIE INTERIOR RENOVATIONS LTD (REGISTERED NUMBER: 06837219)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 20,553 23,201

CURRENT ASSETS
Stocks 500 500
Debtors 5 13,397 77,862
Cash at bank 3,853 27,369
17,750 105,731
CREDITORS
Amounts falling due within one year 6 24,004 50,419
NET CURRENT (LIABILITIES)/ASSETS (6,254 ) 55,312
TOTAL ASSETS LESS CURRENT
LIABILITIES

14,299

78,513

CREDITORS
Amounts falling due after more than one year 7 (40,631 ) (47,724 )

PROVISIONS FOR LIABILITIES - (4,408 )
NET (LIABILITIES)/ASSETS (26,332 ) 26,381

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings (26,342 ) 26,371
(26,332 ) 26,381

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

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.

ELLIOT LAWRIE INTERIOR RENOVATIONS LTD (REGISTERED NUMBER: 06837219)

BALANCE SHEET - continued
31 MARCH 2024


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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 November 2024 and were signed on its behalf by:





E C Lawrie - Director


ELLIOT LAWRIE INTERIOR RENOVATIONS LTD (REGISTERED NUMBER: 06837219)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Elliot Lawrie Interior Renovations Ltd 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 balance sheet shows net liabilities of £26,332. The director has given his continued support for the company and the accounts have been prepared on a going concern basis.

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

Revenue for provision of services is recognised when it is probable that an economic benefit will flow to the entity and the revenue and costs can be reliably measured. For continuing services, revenue is recognised when the stage of completion can be reliably measured using a percentage of completion method.

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 etc - 33% on cost, 20% on reducing balance and 10% on cost

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 year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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 2 (2023 - 2 ) .

ELLIOT LAWRIE INTERIOR RENOVATIONS LTD (REGISTERED NUMBER: 06837219)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023
and 31 March 2024 38,626
DEPRECIATION
At 1 April 2023 15,425
Charge for year 2,648
At 31 March 2024 18,073
NET BOOK VALUE
At 31 March 2024 20,553
At 31 March 2023 23,201

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 25,362
Other debtors 13,397 52,500
13,397 77,862

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 6,780 6,780
Hire purchase contracts 5,838 5,838
Trade creditors 128 4,166
Taxation and social security 9,276 31,759
Other creditors 1,982 1,876
24,004 50,419

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 31,553 34,887
Hire purchase contracts 9,078 12,837
40,631 47,724

ELLIOT LAWRIE INTERIOR RENOVATIONS LTD (REGISTERED NUMBER: 06837219)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2024 and 31 March 2023:

2024 2023
£    £   
E C Lawrie and Mrs J D Lawrie
Balance outstanding at start of year 52,499 17,202
Amounts advanced 6,230 52,499
Amounts repaid (52,499 ) (17,202 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 6,230 52,499