Company registration number 15159132 (England and Wales)
Ellete Investments Ltd
UNAUDITED FINANCIAL STATEMENTS
for the period ended 30 September 2024
PAGES FOR FILING WITH REGISTRAR
Ellete Investments Ltd
Contents
Page
Statement of financial position
1
Statement of changes in equity
2
Notes to the financial statements
3 - 4
Ellete Investments Ltd
Statement of financial position
as at 30 September 2024
- 1 -
2024
Notes
£
£
Current assets
Stocks
228,321
Cash at bank and in hand
5,181
233,502
Creditors: amounts falling due within one year
4
(234,498)
Net current liabilities
(996)
Capital and reserves
Called up share capital
180
Profit and loss reserves
(1,176)
Total equity
(996)
For the financial period ended 30 September 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 of its financial statements for the period in question in accordance with section 476.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The director of the company has elected not to include a copy of the income statement within the financial statements.true
The financial statements were approved and signed by the director and authorised for issue on 23 January 2025
J Sawrij
Director
Company registration number 15159132 (England and Wales)
Ellete Investments Ltd
Statement Of Changes In Equity
for the period ended 30 September 2024
- 2 -
Share capital
Profit and loss reserves
Total
Notes
£
£
£
Balance at 23 September 2023
-
Period ended 30 September 2024:
Loss and total comprehensive income
-
(1,176)
(1,176)
Issue of share capital
180
-
180
Balance at 30 September 2024
180
(1,176)
(996)
Ellete Investments Ltd
Notes to the financial statements
for the period ended 30 September 2024
- 3 -
1
Accounting policies
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
Stocks
Work in progress is stated at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacture/completion.
2
Judgements and key sources of estimation uncertainty
In the application of the company’s accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
3
Employees
The average monthly number of persons (including directors) employed by the company during the period was:
2024
Number
Total
4
Creditors: amounts falling due within one year
2024
£
Amounts owed to group undertakings
41,000
Other creditors
192,498
Accruals and deferred income
1,000
234,498
Ellete Investments Ltd
Notes to the financial statements (continued)
for the period ended 30 September 2024
- 4 -
5
Company information
Ellete Investments Ltd is a private company limited by shares incorporated in England and Wales. The registered office is West House, King Cross Road, Halifax, West Yorkshire, HX1 1EB.