Eloane Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: NI643693

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		88,393		100,426
Tangible Assets	5		24,682		30,647

			113,075		131,073
CURRENT ASSETS
Stocks	6	80,760		79,460
Debtors	7	14,320		14,952
Cash at bank and in hand		34,062		14,807

		129,142		109,219
Creditors: Amounts Falling Due Within One Year	8	(286,413 )		(259,418 )

NET CURRENT ASSETS (LIABILITIES)			(157,271 )		(150,199 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(44,196 )		(19,126 )

Creditors: Amounts Falling Due After More Than One Year	9		(4,977 )		(14,820 )

NET LIABILITIES			(49,173 )		(33,946 )

CAPITAL AND RESERVES
Called up share capital	10		100		100
Profit and Loss Account			(49,273 )		(34,046 )

SHAREHOLDERS' FUNDS			(49,173)		(33,946)

Page 1

Page 2

Eloane Ltd

Balance Sheet (continued)

As At 28 February 2026

For the year ending 28 February 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges her 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Ms Elizabeth Loane

Director

06/10/2026

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Eloane Ltd is a private company, limited by shares, incorporated in Northern Ireland, registered number NI643693 . The registered office is 31 Main Street, Rosscolban, Kesh, Enniskillen, BT93 1TF.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £1.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 5 years.

2.4. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible asset is an off licence. It is amortised to profit and loss account over 10 years.

2.5. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery

20% Reducing Balance

Page 3

Page 4

Eloane Ltd

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2026

2.6. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 16 (2025: 18)

4. Intangible Assets

	Goodwill	Other	Total
	£	£	£
Cost
As at 1 March 2025	40,000	120,321	160,321

As at 28 February 2026	40,000	120,321	160,321

Amortisation
As at 1 March 2025	40,000	19,895	59,895
Provided during the period	-	12,033	12,033

As at 28 February 2026	40,000	31,928	71,928

Net Book Value
As at 28 February 2026	-	88,393	88,393

As at 1 March 2025	-	100,426	100,426

5. Tangible Assets

	Plant & Machinery
	£
Cost
As at 1 March 2025	121,333
Additions	208

As at 28 February 2026	121,541

Depreciation
As at 1 March 2025	90,686
Provided during the period	6,173

As at 28 February 2026	96,859

Net Book Value
As at 28 February 2026	24,682

As at 1 March 2025	30,647

Page 4

Page 5

Eloane Ltd

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2026

6. Stocks

	2026	2025
	£	£
Finished goods	80,760	79,460

7. Debtors

	2026	2025
	£	£
Due within one year
Prepayments and accrued income	2,950	3,140
VAT	1,558	-
Director's loan account	9,812	11,812

	14,320	14,952

8. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	36,617	55,614
Bank loans and overdrafts	29,475	30,857
Other taxes and social security	3,656	1,572
VAT	-	467
Other creditors	563	552
Accruals and deferred income	3,000	4,000
Amounts owed to related parties	213,102	166,356

	286,413	259,418

9. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Bank loans	3,509	13,094
Capital grants	1,468	1,726

	4,977	14,820

10. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	100	100

Page 5

Page 6

Eloane Ltd

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2026

11. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 March 2025	Amounts advanced	Amounts repaid	Amounts written off	As at 28 February 2026
	£	£	£	£	£
Ms Elizabeth Loane	11,812	-	2,000	-	9,812

The above loan is unsecured, interest bearing and repayable on demand.

Page 6