Company Registration No. 05662084 (England and Wales)
Elcoat Ltd
Unaudited accounts
for the year ended 31 March 2025
Elcoat Ltd
Unaudited accounts
Contents
Elcoat Ltd
Company Information
for the year ended 31 March 2025
Company Number
05662084 (England and Wales)
Registered Office
5 PITTAMS LANE
WAPPENHAM
TOWCESTER
NORTHAMPTONSHIRE
NN12 8SP
Accountants
Tove Accountancy Limited
Office 6, Town Hall
86 Watling Street East
Towcester
Northants
NN12 6BS
Elcoat Ltd
Statement of financial position
as at 31 March 2025
Tangible assets
28,405
1,530
Cash at bank and in hand
154,956
138,136
Creditors: amounts falling due within one year
(51,066)
(10,970)
Net current assets
112,073
138,047
Net assets
140,478
139,577
Called up share capital
10
10
Profit and loss account
140,468
139,567
Shareholders' funds
140,478
139,577
For the year ending 31 March 2025 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 14 May 2025 and were signed on its behalf by
Paul Elcoat
Director
Company Registration No. 05662084
Elcoat Ltd
Notes to the Accounts
for the year ended 31 March 2025
Elcoat Ltd is a private company, limited by shares, registered in England and Wales, registration number 05662084. The registered office is 5 PITTAMS LANE, WAPPENHAM, TOWCESTER, NORTHAMPTONSHIRE, NN12 8SP.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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.
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:
Motor vehicles
33.33% straight line
Computer equipment
25% straight line
4
Tangible fixed assets
Total
Charge for the year
15,683
Elcoat Ltd
Notes to the Accounts
for the year ended 31 March 2025
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Loan to Director
2,711
-
2,711
-
6
Average number of employees
During the year the average number of employees was 1 (2024: 1).