1 October 2023 false Taxfiler 2024.6 4853024business:PrivateLimitedCompanyLtd2023-10-012024-09-30 48530242023-09-30 48530242023-10-012024-09-30 4853024business:AuditExemptWithAccountantsReport2023-10-012024-09-30 4853024business:FilletedAccounts2023-10-012024-09-30 48530242024-09-30 4853024business:Director12023-10-012024-09-30 4853024business:Director22023-10-012024-09-30 4853024business:Director32023-10-012024-09-30 4853024business:RegisteredOffice2023-10-012024-09-30 48530242023-09-30 4853024core:WithinOneYear2024-09-30 4853024core:WithinOneYear2023-09-30 4853024core:ShareCapitalcore:PreviouslyStatedAmount2024-09-30 4853024core:ShareCapitalcore:PreviouslyStatedAmount2023-09-30 4853024core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-09-30 4853024core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-09-30 4853024core:PreviouslyStatedAmount2024-09-30 4853024core:PreviouslyStatedAmount2023-09-30 4853024business:SmallEntities2023-10-012024-09-30 4853024countries:EnglandWales2023-10-012024-09-30 4853024core:FurnitureFittings2023-10-012024-09-30 4853024core:LandBuildings2023-09-30 4853024core:FurnitureFittings2023-09-30 4853024core:LandBuildings2024-09-30 4853024core:FurnitureFittings2024-09-30 4853024core:LandBuildings2023-10-012024-09-30 4853024business:OrdinaryShareClass12023-10-012024-09-30 4853024business:OrdinaryShareClass12022-10-012023-09-30 48530242022-10-012023-09-30 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 4853024 (England and Wales)
Elhinn's Shoe Gallery Limited Unaudited accounts for the year ended 30 September 2024
Elhinn's Shoe Gallery Limited Unaudited accounts Contents
Page
- 2 -
Elhinn's Shoe Gallery Limited Company Information for the year ended 30 September 2024
Directors
G D Elhinn G I Elhinn A A Elliston-Elhinn
Company Number
4853024 (England and Wales)
Registered Office
1 West Street Lewes East Sussex BN7 2NA
Accountants
Maxwell-Gumbleton & Co. 1 West Street Lewes East Sussex BN7 2NZ
- 3 -
Elhinn's Shoe Gallery Limited Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
269 
Current assets
Inventories
200,288 
202,550 
Debtors
3,345 
2,928 
Cash at bank and in hand
5,482 
20,402 
209,115 
225,880 
Creditors: amounts falling due within one year
(161,724)
(174,982)
Net current assets
47,391 
50,898 
Net assets
47,391 
51,167 
Capital and reserves
Called up share capital
6 
6 
Profit and loss account
47,385 
51,161 
Shareholders' funds
47,391 
51,167 
For the year ending 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 of Directors and authorised for issue on 26 June 2025 and were signed on its behalf by
G D Elhinn Director Company Registration No. 4853024
- 4 -
Elhinn's Shoe Gallery Limited Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
Elhinn's Shoe Gallery Limited is a private company, limited by shares, registered in England and Wales, registration number 4853024. The registered office is 1 West Street, Lewes, East Sussex, BN7 2NA.
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.
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.
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:
Fixtures & fittings
25% straight line
Inventories
Inventories have been valued 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 manufacturing/completion.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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 -
Elhinn's Shoe Gallery Limited Notes to the Accounts for the year ended 30 September 2024
4
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 October 2023
2,277 
23,252 
25,529 
At 30 September 2024
2,277 
23,252 
25,529 
Depreciation
At 1 October 2023
2,277 
22,983 
25,260 
Charge for the year
- 
269 
269 
At 30 September 2024
2,277 
23,252 
25,529 
Net book value
At 30 September 2024
- 
- 
- 
At 30 September 2023
- 
269 
269 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
1,717 
1,191 
Accrued income and prepayments
1,628 
1,737 
3,345 
2,928 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
9,590 
6,295 
Trade creditors
77,327 
73,228 
Taxes and social security
1,728 
653 
Other creditors
1,830 
664 
Loans from directors
69,449 
92,342 
Accruals
1,800 
1,800 
161,724 
174,982 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
6 Ordinary shares of £1 each
6 
6 
8
Average number of employees
During the year the average number of employees was 10 (2023: 9).
- 6 -