Pink Elephant Communications Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: SC483465 (Scotland)

PINK ELEPHANT COMMUNICATIONS LTD

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

A D Mcfarlan

REGISTERED OFFICE:

86 Dumbreck Road

Glasgow

G41 4SN

REGISTERED NUMBER:

SC483465 (Scotland)

ACCOUNTANTS:

Benham Conway & Co

16 Royal Crescent

Glasgow

G3 7SL

FIXED ASSETS

Intangible assets

4

6,282

8,376

Tangible assets

5

32,290

37,952

38,572

46,328

CURRENT ASSETS

Stocks

4,420

5,060

Debtors

6

56,625

101,156

Cash at bank

45,388

94,317

106,433

200,533

CREDITORS

Amounts falling due within one year

7

84,196

133,342

NET CURRENT ASSETS

22,237

67,191

TOTAL ASSETS LESS CURRENT
LIABILITIES

60,809

113,519

PROVISIONS FOR LIABILITIES

7,564

9,439

NET ASSETS

53,245

104,080

CAPITAL AND RESERVES

Called up share capital

13

Retained earnings

53,232

104,067

SHAREHOLDERS' FUNDS

53,245

104,080

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 May 2026 and were signed by:

A D Mcfarlan - Director

1.	STATUTORY INFORMATION

Pink Elephant Communications Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents services provided in the year, net of value added tax.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation. Amortisation is provided to write off the initial cost less residual value over 5 years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life:

Leasehold improvements - 20% on cost

Plant and machinery, etc - 25% and 33% on cost and 20% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme for employees and makes pension contributions to the personal pension scheme of the company's director. Contributions payable to these pension schemes are charged to profit or loss in the period to which they relate.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts are capitalised in the balance sheet and depreciated over their estimated useful lives. The interest element of these obligations is charged to the profit and loss account over the relevant period using the effective interest rate method. The capital element of the future payments is treated as a liability. Rentals paid under operating leases are charged to the profit and loss account on a straightline basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 October 2024

and 30 September 2025

10,471

AMORTISATION

At 1 October 2024

2,095

Charge for year

2,094

At 30 September 2025

4,189

NET BOOK VALUE

At 30 September 2025

6,282

At 30 September 2024

8,376

5.	TANGIBLE FIXED ASSETS

Plant and

Leasehold

machinery

improvements

etc

Totals

£

COST

At 1 October 2024

3,074

85,164

88,238

Additions

1,900

3,315

5,215

At 30 September 2025

4,974

88,479

93,453

DEPRECIATION

At 1 October 2024

3,074

47,212

50,286

Charge for year

380

10,497

10,877

At 30 September 2025

3,454

57,709

61,163

NET BOOK VALUE

At 30 September 2025

1,520

30,770

32,290

At 30 September 2024

-

37,952

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

Trade debtors

47,981

92,926

Other debtors

8,644

8,230

56,625

101,156

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

Trade creditors

3,143

277

Taxation and social security

61,059

93,464

Other creditors

19,994

39,601

84,196

133,342

8.	OTHER FINANCIAL COMMITMENTS

At 30 September 2025 the company was committed to making total payments under non-cancellable operating leases of £59,792 (2024, £80,292).

9.	RELATED PARTY DISCLOSURES

At 30 September 2025 the company's directors had provided the company with an interest free loan of £798 (2024, £0). There are no fixed repayment terms for this loan, which is included in other creditors.