Company Registration No. 12477624 (England and Wales)
Elscott Services Ltd
Unaudited accounts
for the year ended 31 March 2025
Elscott Services Ltd
Unaudited accounts
Contents
Elscott Services Ltd
Company Information
for the year ended 31 March 2025
Company Number
12477624 (England and Wales)
Registered Office
71 Woodland Avenue
Wolverhampton
WV6 8ND
Accountants
Nellys Accountants Ltd
71 Woodland Avenue
Tettenhall Wood
Wolverhampton
West Midlands
WV6 8ND
Elscott Services Ltd
Statement of financial position
as at 31 March 2025
Tangible assets
899
13,405
Cash at bank and in hand
20,314
9,151
Creditors: amounts falling due within one year
(35,963)
(40,634)
Net current assets/(liabilities)
379
(3,655)
Total assets less current liabilities
1,278
9,750
Provisions for liabilities
Called up share capital
100
100
Profit and loss account
993
7,103
Shareholders' funds
1,093
7,203
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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 9 December 2025 and were signed on its behalf by
Wayne Scott
Director
Company Registration No. 12477624
Elscott Services Ltd
Notes to the Accounts
for the year ended 31 March 2025
Elscott Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 12477624. The registered office is 71 Woodland Avenue, Wolverhampton, WV6 8ND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling and are rounded to the nearest pound.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Elscott Services Ltd
Notes to the Accounts
for the year ended 31 March 2025
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 April 2024
295
32,331
32,626
Disposals
-
(28,933)
(28,933)
At 31 March 2025
295
3,398
3,693
At 1 April 2024
171
19,050
19,221
Charge for the year
31
269
300
On disposals
-
(16,727)
(16,727)
At 31 March 2025
202
2,592
2,794
At 31 March 2025
93
806
899
At 31 March 2024
124
13,281
13,405
Amounts falling due within one year
Accrued income and prepayments
1,135
1,253
Other debtors
14,893
23,229
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
18,136
23,250
Obligations under finance leases and hire purchase contracts
-
12,925
Taxes and social security
13,418
2,382
Loans from directors
482
688
Elscott Services Ltd
Notes to the Accounts
for the year ended 31 March 2025
7
Deferred taxation
2025
2024
Accelerated capital allowances
185
2,547
Provision at start of year
2,547
3,396
Credited to the profit and loss account
(2,362)
(849)
Provision at end of year
185
2,547
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
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Average number of employees
During the year the average number of employees was 1 (2024: 1).