Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-302024-04-302023-05-01falseNo description of principal activity22truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false SC174166 2023-05-01 2024-04-30 SC174166 2022-05-01 2023-04-30 SC174166 2024-04-30 SC174166 2023-04-30 SC174166 c:Director1 2023-05-01 2024-04-30 SC174166 d:OfficeEquipment 2023-05-01 2024-04-30 SC174166 d:OfficeEquipment 2024-04-30 SC174166 d:OfficeEquipment 2023-04-30 SC174166 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 SC174166 d:CurrentFinancialInstruments 2024-04-30 SC174166 d:CurrentFinancialInstruments 2023-04-30 SC174166 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 SC174166 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 SC174166 d:ShareCapital 2024-04-30 SC174166 d:ShareCapital 2023-04-30 SC174166 d:RetainedEarningsAccumulatedLosses 2024-04-30 SC174166 d:RetainedEarningsAccumulatedLosses 2023-04-30 SC174166 c:FRS102 2023-05-01 2024-04-30 SC174166 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 SC174166 c:FullAccounts 2023-05-01 2024-04-30 SC174166 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 SC174166 e:PoundSterling 2023-05-01 2024-04-30 iso4217:GBP xbrli:pure

Registered number: SC174166









ELB DESIGN LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 APRIL 2024

 
ELB DESIGN LIMITED
REGISTERED NUMBER: SC174166

BALANCE SHEET
AS AT 30 APRIL 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
1,681
2,241

  
1,681
2,241

Current assets
  

Stocks
  
1,500
1,500

Debtors: amounts falling due within one year
 5 
385,534
63,052

Cash at bank and in hand
 6 
8,562
33,715

  
395,596
98,267

Creditors: amounts falling due within one year
 7 
(308,592)
(35,013)

Net current assets
  
 
 
87,004
 
 
63,254

Total assets less current liabilities
  
88,685
65,495

  

Net assets
  
88,685
65,495


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
88,585
65,395

  
88,685
65,495


Page 1

 
ELB DESIGN LIMITED
REGISTERED NUMBER: SC174166
    
BALANCE SHEET (CONTINUED)
AS AT 30 APRIL 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 13 February 2025.




E L Bowman
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
ELB DESIGN LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1.


General information

ELB Design Limited is a private company limited by shares, incorporated in Scotland (registered number: SC174166). The registered office of the company is 32 Hazeldean Avenue, Bo'Ness, West Lothian, EH51 0NS, which is also the address of its principal place of business.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. 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 following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

Page 3

 
ELB DESIGN LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.3

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Office equipment
-
25%
Reducing Balance Method

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.4

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.5

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.7

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 4

 
ELB DESIGN LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

 
2.8

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2023 - 2).


4.


Tangible fixed assets





Office equipment

£



Cost or valuation


At 1 May 2023
4,650



At 30 April 2024

4,650



Depreciation


At 1 May 2023
2,409


Charge for the year on owned assets
560



At 30 April 2024

2,969



Net book value



At 30 April 2024
1,681



At 30 April 2023
2,241

Page 5

 
ELB DESIGN LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

5.


Debtors

2024
2023
£
£


Trade debtors
599
3,117

Other debtors
384,935
59,935

385,534
63,052



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
8,562
33,715

8,562
33,715



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
4,354
1,215

Corporation tax
5,644
6,478

Other taxation and social security
10,288
11,937

Other creditors
286,306
2,383

Accruals and deferred income
2,000
13,000

308,592
35,013


 
Page 6