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REGISTERED NUMBER: SC271703 (Scotland)















Unaudited Financial Statements for the Year Ended 31 March 2025

for

ELRIG LIMITED

ELRIG LIMITED (REGISTERED NUMBER: SC271703)

Contents of the Financial Statements
for the Year Ended 31 March 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ELRIG LIMITED

Company Information
for the Year Ended 31 March 2025







DIRECTORS: D Elrick
A J Elrick





REGISTERED OFFICE: 5 Carden Place
Aberdeen
AB10 1UT





REGISTERED NUMBER: SC271703 (Scotland)






ELRIG LIMITED (REGISTERED NUMBER: SC271703)

Balance Sheet
31 March 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 827,527 850,243
Investments 6 8,000 8,000
835,527 858,243

CURRENT ASSETS
Debtors 7 5,474 17,177
Cash at bank 42,616 55,316
48,090 72,493
CREDITORS
Amounts falling due within one year 8 904,220 977,870
NET CURRENT LIABILITIES (856,130 ) (905,377 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(20,603

)

(47,134

)

CREDITORS
Amounts falling due after more than one year 9 25,004 30,407
NET LIABILITIES (45,607 ) (77,541 )

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings (45,807 ) (77,741 )
(45,607 ) (77,541 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

ELRIG LIMITED (REGISTERED NUMBER: SC271703)

Balance Sheet - continued
31 March 2025


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 June 2025 and were signed on its behalf by:





A J Elrick - Director


ELRIG LIMITED (REGISTERED NUMBER: SC271703)

Notes to the Financial Statements
for the Year Ended 31 March 2025


1. STATUTORY INFORMATION

Elrig Limited is a private company, limited by shares , registered in Scotland. 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2007, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% on cost
Plant and machinery - 25% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

ELRIG LIMITED (REGISTERED NUMBER: SC271703)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025


2. ACCOUNTING POLICIES - continued

Going concern
These accounts have been prepared on the going concern basis, on the understanding that the directors and shareholders will continue to financially support the company.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2024
and 31 March 2025 20,000
AMORTISATION
At 1 April 2024
and 31 March 2025 20,000
NET BOOK VALUE
At 31 March 2025 -
At 31 March 2024 -

5. TANGIBLE FIXED ASSETS
Freehold Plant and
property machinery Totals
£    £    £   
COST
At 1 April 2024
and 31 March 2025 1,075,540 81,696 1,157,236
DEPRECIATION
At 1 April 2024 230,117 76,876 306,993
Charge for year 21,511 1,205 22,716
At 31 March 2025 251,628 78,081 329,709
NET BOOK VALUE
At 31 March 2025 823,912 3,615 827,527
At 31 March 2024 845,423 4,820 850,243

ELRIG LIMITED (REGISTERED NUMBER: SC271703)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025


6. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 April 2024
and 31 March 2025 8,000
NET BOOK VALUE
At 31 March 2025 8,000
At 31 March 2024 8,000

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Amounts owed by group undertakings 309 10,797
Other debtors 5,165 6,380
5,474 17,177

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 527 -
Amounts owed to group undertakings 9,203 11,691
Other creditors 894,490 966,179
904,220 977,870

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2025 2024
£    £   
Other creditors 25,004 30,407

Amounts falling due in more than five years:

Repayable by instalments
Other loans more 5yrs instal 5,004 10,407

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is A J Elrick.