Elro Digital Limited - Filleted accounts

Registered number

09351156

Elro Digital Limited

Filleted Accounts

31 December 2024

Elro Digital Limited
Registered number:		09351156
Balance Sheet
as at 31 December 2024

Notes			2024			2023
£				£
Current assets
Stocks		5,000			5,000
Debtors	4	7			78
		5,007			5,078

Creditors: amounts falling due within one year	5	(63,303)			(57,820)

Net current liabilities			(58,296)			(52,742)

Net liabilities			(58,296)			(52,742)

Capital and reserves
Called up share capital			100			100
Profit and loss account			(58,396)			(52,842)

Shareholders' funds			(58,296)			(52,742)

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 A Ellis
Director
Approved by the board on 21 September 2025

Elro Digital Limited
Notes to the Accounts
for the year ended 31 December 2024


1	Accounting policies

	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. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer.

	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:

	Fixtures, fittings, tools and equipment	over 5 years

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	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.

	Going concern
	The financial statements have been prepared on a going concern basis, the validity of which depends upon the continued support of the creditors. The directors have no reason to believe that this support will not continue and have a reasonable expectation that the company has adequate resources to continue in existence for a period of twelve months from the date of the approval of the financial statements.


2	Employees		2024		2023
Number				Number

	Average number of persons employed by the company		-		-


3	Tangible fixed assets
					Plant and machinery etc
£
	Cost
	At 1 January 2024				854
	Disposals				854
	At 31 December 2024				1,708

	Depreciation
	At 1 January 2024				854
	On disposals				854
	At 31 December 2024				1,708

	Net book value
	At 31 December 2024				-


4	Debtors		2024		2023
£				£

	Other debtors		7		78


5	Creditors: amounts falling due within one year		2024		2023
£				£

	Bank loans and overdrafts		11,201		5,772
	Other creditors		52,102		52,048
			63,303		57,820


6	Other information

	Elro Digital Limited is a private company limited by shares and incorporated in England. Its registered office is:
	20 South Park Drive
	Papworth Everard
	Cambridge
	CB23 3LG