1 May 2023 false No description of principal activity Taxfiler 2024.6 true 11916635business:PrivateLimitedCompanyLtd2023-05-012024-04-30 119166352023-04-30 119166352023-05-012024-04-30 11916635business:AuditExempt-NoAccountantsReport2023-05-012024-04-30 11916635business:FilletedAccounts2023-05-012024-04-30 119166352024-04-30 11916635business:Director12023-05-012024-04-30 11916635business:RegisteredOffice2023-05-012024-04-30 119166352023-04-30 11916635core:WithinOneYear2024-04-30 11916635core:WithinOneYear2023-04-30 11916635core:AfterOneYear2024-04-30 11916635core:AfterOneYear2023-04-30 11916635core:ShareCapitalcore:PreviouslyStatedAmount2024-04-30 11916635core:ShareCapitalcore:PreviouslyStatedAmount2023-04-30 11916635core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-04-30 11916635core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-04-30 11916635core:PreviouslyStatedAmount2024-04-30 11916635core:PreviouslyStatedAmount2023-04-30 11916635business:SmallEntities2023-05-012024-04-30 11916635countries:EnglandWales2023-05-012024-04-30 11916635core:PlantMachinery2023-05-012024-04-30 11916635core:PlantMachinery2023-04-30 11916635core:PlantMachinery2024-04-30 119166352022-05-012023-04-30 iso4217:GBP xbrli:pure
Company Registration No. 11916635 (England and Wales)
EELAM LTD Unaudited accounts for the year ended 30 April 2024
EELAM LTD Unaudited accounts Contents
Page
- 2 -
EELAM LTD Company Information for the year ended 30 April 2024
Director
SIVANANTHAM, Thineshan
Company Number
11916635 (England and Wales)
Registered Office
20 Bredle Way Aveley South Ockendon Essex RM15 4ES England
Accountants
Tally Tally Accountants 79 College Road Harrow HA1 1BD
- 3 -
EELAM LTD Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,639 
4,852 
Current assets
Debtors
22,925 
19,955 
Cash at bank and in hand
4,632 
7,330 
27,557 
27,285 
Creditors: amounts falling due within one year
(12,495)
(16,946)
Net current assets
15,062 
10,339 
Total assets less current liabilities
18,701 
15,191 
Creditors: amounts falling due after more than one year
(1,341)
(444)
Net assets
17,360 
14,747 
Capital and reserves
Called up share capital
10,000 
10,000 
Profit and loss account
7,360 
4,747 
Shareholders' funds
17,360 
14,747 
For the year ending 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 15 January 2025 and were signed on its behalf by
SIVANANTHAM, Thineshan Director Company Registration No. 11916635
- 4 -
EELAM LTD Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
EELAM LTD is a private company, limited by shares, registered in England and Wales, registration number 11916635. The registered office is 20 Bredle Way, Aveley, South Ockendon, Essex, RM15 4ES, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% RB
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Going concern
The financial statements have been prepared on a going concern basis, which is dependent upon the company's directors continuing to provide the necessary financial facilities, to enable the company to continue in operation for the foreseeable future.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
- 5 -
EELAM LTD Notes to the Accounts for the year ended 30 April 2024
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 May 2023
13,000 
At 30 April 2024
13,000 
Depreciation
At 1 May 2023
8,148 
Charge for the year
1,213 
At 30 April 2024
9,361 
Net book value
At 30 April 2024
3,639 
At 30 April 2023
4,852 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
999 
999 
Trade debtors
18,095 
18,126 
Other debtors
3,831 
830 
22,925 
19,955 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Other creditors
11,445 
16,421 
Accruals
1,050 
525 
12,495 
16,946 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Taxes and social security
1,341 
444 
8
Transactions with related parties
As of the period end, the director SIVANANTHAM, Thineshan had a debit balance of £3,831 (2023: £830) on his director's current account. This is an interest-free loan to the company and is included in other debtors due within one year.
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).
- 6 -