| Elkolet Ministries (UK) Ltd |
| Registered number: |
08891896 |
| Statement of Financial Position |
| as at 31 March 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Current assets |
| Debtors |
5 |
|
64,692 |
|
|
50,353 |
| Cash at bank and in hand |
|
|
359 |
|
|
303 |
|
|
|
65,051 |
|
|
50,656 |
|
| Creditors: amounts falling due within one year |
6 |
|
(66,247) |
|
|
(45,323) |
|
| Net current (liabilities)/assets |
|
|
|
(1,196) |
|
|
5,333 |
|
| Total assets less current liabilities |
|
|
|
(1,196) |
|
|
5,333 |
|
| Creditors: amounts falling due after more than one year |
7 |
|
|
(6,867) |
|
|
(9,724) |
|
|
|
| Net liabilities |
|
|
|
(8,063) |
|
|
(4,391) |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
1 |
|
|
1 |
| Profit and loss account |
|
|
|
(8,064) |
|
|
(4,392) |
|
| Shareholders' funds |
|
|
|
(8,063) |
|
|
(4,391) |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| Bryan D Knowles |
| Director |
| Approved by the board on 2 September 2026 |
|
| Elkolet Ministries (UK) Ltd |
| Notes to the Accounts |
| for the year ended 31 March 2025 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102 Section 1a small entities, the financial reporting standard applicable in the UK and the Republic of Ireland.
|
|
|
Going concern |
|
The company had retained losses as at the balance sheet date which were not covered by the share capital of the company. The company is continuing to trade as an associated entity is funding the company in the form of a loan. This associated entitiy is planning to continue this financial support for the company for the foreseeable future.
|
|
|
Debtors |
|
Short term debtors are measured at transaction price, less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price. Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted. |
|
|
Provisions |
|
Provisions are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably. |
|
|
| 2 |
Exceptional items |
2025 |
|
2024 |
| £ |
£ |
|
|
Unpaid trade payables |
- |
|
(23,339) |
|
|
|
|
|
|
- |
|
(23,339) |
|
|
|
|
|
|
|
|
|
|
| 3 |
Employees and directors |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of directors and persons employed by the company |
|
1 |
|
- |
|
|
|
|
|
|
|
|
|
|
| 4 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Plant and machinery etc |
| £ |
|
Cost |
|
At 1 April 2024 |
960 |
|
At 31 March 2025 |
960 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 April 2024 |
960 |
|
At 31 March 2025 |
960 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2025 |
- |
|
|
|
|
|
|
|
|
|
|
| 5 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Amounts owed by associated undertakings |
|
49,771 |
|
49,771 |
|
Other debtors |
14,921 |
|
582 |
|
|
|
|
|
|
64,692 |
|
50,353 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Bank loans and overdrafts |
1,440 |
|
- |
|
Accruals |
2,475 |
|
1,225 |
|
Amounts owed to associated undertakings |
|
54,238 |
|
28,379 |
|
Corporation tax |
1,662 |
|
13,264 |
|
Other creditors |
6,432 |
|
2,455 |
|
|
|
|
|
|
66,247 |
|
45,323 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Creditors: amounts falling due after one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Bank loans |
6,867 |
|
9,724 |
|
|
|
|
|
|
|
|
|
|
| 8 |
Loans to directors |
|
Description and conditions |
B/fwd |
Paid |
Repaid |
C/fwd |
| £ |
£ |
£ |
£ |
|
Bryan D Knowles |
|
Repayable on demand |
582 |
|
10,574 |
|
- |
|
11,156 |
|
|
|
582 |
|
10,574 |
|
- |
|
11,156 |
|
|
|
|
|
|
|
|
|
|
| 9 |
Other information |
|
|
Elkolet Ministries (UK) Ltd is a private company limited by shares and incorporated in England. Its registered office is: |
|
The Elkolet Centre |
|
Mill Lane |
|
Alton |
|
GU34 2QG |