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Registered number: 02425639
Eldon Tool Company Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
DKR Chartered Accountants
36 Lichfield Street
Walsall
West Midlands
WS1 1TJ
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: 02425639
2024 2023
Notes £ £ £ £
FIXED ASSETS
Investments 637,523 637,523
637,523 637,523
Creditors: Amounts Falling Due Within One Year 4 (304,406 ) (304,406 )
NET CURRENT ASSETS (LIABILITIES) (304,406 ) (304,406 )
TOTAL ASSETS LESS CURRENT LIABILITIES 333,117 333,117
NET ASSETS 333,117 333,117
CAPITAL AND RESERVES
Called up share capital 5 66 66
Capital redemption reserve 34 34
Profit and Loss Account 333,017 333,017
SHAREHOLDERS' FUNDS 333,117 333,117
For the year ending 31 December 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Edward Altham
Director
30th September 2025
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Eldon Tool Company Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02425639 . The registered office is 36 Lichfield Street, Walsall, West Midlands, WS1 1TJ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Investments
Investments are stated at cost less provision for impairment.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: NIL)
- -
4. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Amounts owed to group undertakings 304,406 304,406
5. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 66 66
6. Related Party Transactions
At 31 December 2024, £304,406 (2023: £304,406) was owed to the subsidiary company, Eldon Tool and Engineering Limited.
7. Ultimate Parent Undertaking and Controlling Party
The company's immediate and ultimate parent undertaking is The Tool Connection Limited . The Tool Connection Limited was incorporated in England & Wales. Copies of the group accounts may be obtained from the secretary, 36 Lichfield Street, Walsall, WS1 1TJ . The ultimate controlling party is M T Smith who controls 100% of the shares of Eldon Tool Company Limited .
Page 2