Company No: 14256450 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	31.03.2025		31.03.2024
		£		£
Fixed assets
Tangible assets	3	22,335		36,653
		22,335		36,653
Current assets
Debtors	4	96,537		48,712
Cash at bank and in hand		1,920		1,380
		98,457		50,092
Creditors: amounts falling due within one year	5	( 14,344)		( 14,510)
Net current assets		84,113		35,582
Total assets less current liabilities		106,448		72,235
Creditors: amounts falling due after more than one year	6	( 184,581)		( 128,518)
Net liabilities		( 78,133)		( 56,283)
Capital and reserves
Called-up share capital	7	100		100
Profit and loss account		( 78,233 )		( 56,383 )
Total shareholders' deficit		( 78,133)		( 56,283)

For the financial 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.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Eleos Coalitions Limited (registered number: 14256450) were approved and authorised for issue by the Board of Directors on 27 October 2025. They were signed on its behalf by:

R F W Cox Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial period, unless otherwise stated.

General information and basis of accounting

Eleos Coalitions Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Centenary House Peninsula Park, Rydon Lane, Exeter, EX2 7XE, United Kingdom. The Company's principal place of business is Unit 102 Christian Mill Tamerton Foliot Road, Plymouth, PL6 5DS.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The Company meets its day to day working capital requirements from operational cashflows and related party loans. The related companies have indicated their intention to continue to make available such funds as are needed by the Company, and that they do not intend to seek repayment of the amounts currently due during the going concern assessment period. As with any company placing reliance on other entities for financial support, the directors acknowledge that there can be no certainty that this support will continue. However, at the date of approval of these financial statements, they have no reason to believe that it will not do so.

The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the sale of goods is recognised when the goods are physically delivered to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line basis over its expected useful life, as follows:

Plant and machinery	4 years straight line
Office equipment	3 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Leases

The Company as lessee
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Profit and Loss Account over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

2. Employees

	Year ended 31.03.2025		Period from 01.08.2023 to 31.03.2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	2		3

3. Tangible assets

	Plant and machinery		Office equipment		Total
	£		£		£
Cost
At 01 April 2024	52,213		3,827		56,040
At 31 March 2025	52,213		3,827		56,040
Accumulated depreciation
At 01 April 2024	18,439		948		19,387
Charge for the financial year	13,055		1,263		14,318
At 31 March 2025	31,494		2,211		33,705
Net book value
At 31 March 2025	20,719		1,616		22,335
At 31 March 2024	33,774		2,879		36,653

4. Debtors

	31.03.2025		31.03.2024
	£		£
Trade debtors	2,291		5,653
Other debtors	94,246		43,059
	96,537		48,712

5. Creditors: amounts falling due within one year

	31.03.2025		31.03.2024
	£		£
Trade creditors	5,142		4,844
Other taxation and social security	427		654
Other creditors	8,775		9,012
	14,344		14,510

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

	31.03.2025		31.03.2024
	£		£
Other creditors	184,581		128,518

There are no amounts included above in respect of which any security has been given by the small entity.

7. Called-up share capital

	31.03.2025		31.03.2024
	£		£
Allotted, called-up and fully-paid
60 Ordinary A Shares shares of £ 1.00 each	60		60
20 Ordinary B Shares shares of £ 1.00 each	20		20
20 Ordinary C Shares shares of £ 1.00 each	20		20
	100		100

Full rights are attached to all shares of the company. The three classes of share rank pari passu in all respects other than with respect to dividends, which may be declared on one or several classes of shares to the exclusion of any other class or classes.

8. Financial commitments

Commitments

	31.03.2025		31.03.2024
	£		£
Total future minimum lease payments under non-cancellable operating lease	6,858		20,575

9. Related party transactions

Other related party transactions

	31.03.2025		31.03.2024
	£		£
Balance owed to an associated company	177,394		126,318
Balance owed to an associated company	7,200		2,200

No interest was payable on the loans and the loans are repayable on demand.