Registered number
14207403
ELS Solutions Ltd
Filleted Accounts
30 June 2025
ELS Solutions Ltd
Registered number: 14207403
Balance Sheet
as at 30 June 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 3 124,471 1,110
Current assets
Debtors 4 70,255 95,346
Cash at bank and in hand 230,467 172,747
300,722 268,093
Creditors: amounts falling due within one year 5 (126,447) (140,265)
Net current assets 174,275 127,828
Total assets less current liabilities 298,746 128,938
Creditors: amounts falling due after more than one year 6 (224,246) (100,000)
Net assets 74,500 28,938
Capital and reserves
Called up share capital 10 10
Profit and loss account 74,490 28,928
Shareholders' funds 74,500 28,938
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr W De Klerk
Director
Approved by the board on 29 July 2025
ELS Solutions Ltd
Notes to the Accounts
for the year ended 30 June 2025
1 Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery over 3 to 5 years
Motor vehicles 25% reducing balance
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 2 2
3 Tangible fixed assets
Plant Motor vehicles Total
£ £ £
Cost
At 1 July 2024 1,167 - 1,167
Additions 79,179 60,276 139,455
At 30 June 2025 80,346 60,276 140,622
Depreciation
At 1 July 2024 57 - 57
Charge for the year 13,582 2,512 16,094
At 30 June 2025 13,639 2,512 16,151
Net book value
At 30 June 2025 66,707 57,764 124,471
At 30 June 2024 1,110 - 1,110
4 Debtors 2025 2024
£ £
Trade debtors 4,210 84,149
Amounts owed by group undertakings and undertakings in which the company has a participating interest 46,000 -
Other debtors 20,045 11,197
70,255 95,346
5 Creditors: amounts falling due within one year 2025 2024
£ £
Trade creditors 6,087 16,869
Taxation and social security costs 50,963 21,896
Other creditors 62,390 101,500
126,447 140,265
6 Creditors: amounts falling due after one year 2025 2024
£ £
Obligations under finance lease and hire purchase contracts 44,069 -
Other creditors 180,177 100,000
224,246 100,000
7 Other information
ELS Solutions Ltd is a private company limited by shares and incorporated in England. Its registered office is:
18 Summerdale Road
Hove
BN3 8LG
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