1 false false false false false false false false false false true false false false false false false No description of principal activity 2024-04-01 Sage Accounts Production Advanced 2023 - FRS102_2023 10,000 10,000 3,481 525 4,006 1,552 388 1,940 2,066 1,929 xbrli:pure xbrli:shares iso4217:GBP SC601411 2024-04-01 2025-03-31 SC601411 2025-03-31 SC601411 2024-03-31 SC601411 2023-04-01 2024-03-31 SC601411 2024-03-31 SC601411 2023-03-31 SC601411 core:NetGoodwill 2024-04-01 2025-03-31 SC601411 core:FurnitureFittings 2024-04-01 2025-03-31 SC601411 bus:Director2 2024-04-01 2025-03-31 SC601411 core:NetGoodwill 2025-03-31 SC601411 core:FurnitureFittings 2024-03-31 SC601411 core:FurnitureFittings 2025-03-31 SC601411 core:WithinOneYear 2025-03-31 SC601411 core:WithinOneYear 2024-03-31 SC601411 core:AfterOneYear 2025-03-31 SC601411 core:AfterOneYear 2024-03-31 SC601411 core:ShareCapital 2025-03-31 SC601411 core:ShareCapital 2024-03-31 SC601411 core:RetainedEarningsAccumulatedLosses 2025-03-31 SC601411 core:RetainedEarningsAccumulatedLosses 2024-03-31 SC601411 core:FurnitureFittings 2024-03-31 SC601411 bus:SmallEntities 2024-04-01 2025-03-31 SC601411 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 SC601411 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 SC601411 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 SC601411 bus:FullAccounts 2024-04-01 2025-03-31
COMPANY REGISTRATION NUMBER: SC601411

Elemental Crystals Limited

Filleted Unaudited Financial Statements

31 March 2025

Elemental Crystals Limited

Statement of Financial Position

31 March 2025

| 2025 | 2024
Note | £ | £

Fixed Assets

Tangible assets | 6 | 2,066 | 1,929

Current Assets

Stocks | 2,000 | 7,000
Debtors | 7 | 9,054 | 10,594
Cash at bank and in hand | 37,901 | 30,436
| -------- | --------
| 48,955 | 48,030

Creditors: amounts falling due within one year | 8 | 45,195 | 46,460
| -------- | --------
Net Current Assets | 3,760 | 1,570
| ------- | -------
Total Assets Less Current Liabilities | 5,826 | 3,499

Creditors: amounts falling due after more than one year | 9 | 1,000 | 3,000
| ------- | -------
Net Assets | 4,826 | 499
| ------- | -------

Capital and Reserves

Called up share capital | 100 | 100
Profit and loss account | 4,726 | 399
| ------- | ----
Shareholders Funds | 4,826 | 499
| ------- | ----

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Elemental Crystals Limited

Statement of Financial Position (continued)

31 March 2025
These financial statements were approved by the board of directors and authorised for issue on 29 September 2025 , and are signed on behalf of the board by:

Mrs H Rushton |
Director |

Company registration number: SC601411

Elemental Crystals Limited

Notes to the Financial Statements

Year Ended 31 March 2025
1. General Information
The company is a private company limited by shares, registered in Scotland. The address of the registered office is Suite 8, 5 West Victoria Dock Road, Dundee, DD1 3JT, United Kingdom.
2. Statement of Compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting Policies
Basis of Preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.
Going Concern
The Director has reviewed the post-balance sheet date performance of the company and believes that the company can continue trading for a period of at least 12 months from the date of signing these financial statements and therefore the financial statements have been prepared on a going concern basis.
Judgements and Key Sources of Estimation Uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Revenue Recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts.
Corporation Tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Goodwill
Goodwill arises on business acquisitions and represents the excess of the cost of the acquisition over the company's interest in the net amount of the identifiable assets, liabilities and contingent liabilities of the acquired business. Goodwill is measured at cost less accumulated amortisation and accumulated impairment losses. It is amortised on a straight-line basis over its useful life. Where a reliable estimate of the useful life of goodwill or intangible assets cannot be made, the life is presumed not to exceed ten years.
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

| Goodwill | - | 20% straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
Tangible Assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

| Fixtures and fittings | - | 10% straight line

Impairment of Fixed Assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
Financial Instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
4. Employee Numbers
The average number of persons employed by the company during the year amounted to 1 (2024: 1 ).
5. Intangible Assets

| Goodwill
| £
Cost |
At 1 April 2024 and 31 March 2025 | 10,000
| --------
Amortisation |
At 1 April 2024 and 31 March 2025 | 10,000
| --------
Carrying amount |
At 31 March 2025 | –
| --------
At 31 March 2024 | –
| --------

6. Tangible Assets

| Fixtures and fittings
| £
Cost |
At 1 April 2024 | 3,481
Additions | 525
| -------
At 31 March 2025 | 4,006
| -------
Depreciation |
At 1 April 2024 | 1,552
Charge for the year | 388
| -------
At 31 March 2025 | 1,940
| -------
Carrying amount |
At 31 March 2025 | 2,066
| -------
At 31 March 2024 | 1,929
| -------

7. Debtors

| 2025 | 2024
| £ | £
Other debtors | 9,054 | 10,594
| ------- | --------

8. Creditors: amounts falling due within one year

| 2025 | 2024
| £ | £
Bank loans and overdrafts | 3,000 | 4,000
Corporation tax | 2,363 | 2,628
Other creditors | 39,832 | 39,832
| -------- | --------
| 45,195 | 46,460
| -------- | --------

9. Creditors: amounts falling due after more than one year

| 2025 | 2024
| £ | £
Bank loans and overdrafts | 1,000 | 3,000
| ------- | -------

10. Related Party Transactions
As Directors and 100% shareholders of the ultimate controlling party, Invinceus Group Ltd, the company was under the control of Mr P Rushton and Mrs H Rushton at the end of the financial year. Invinceus Group Ltd obtained full ownership of the business on 31 March 2025. Having previously received loan funds from Invinceus Group Ltd, at the year end the company was due to pay £37,822 (2024 - £37,822) to Invinceus Group Ltd. There are no set repayment terms or interest accruing on these balances, however are repayable on demand to the related party.