Company Registration No. 08880458 (England and Wales)
G D Elliott Ltd
Unaudited accounts
for the year ended 28 February 2026
G D Elliott Ltd
Unaudited accounts
Contents
G D Elliott Ltd
Company Information
for the year ended 28 February 2026
Company Number
08880458 (England and Wales)
Registered Office
43 Church Street
Flint
Flintshire
CH6 5AD
Wales
G D Elliott Ltd
Statement of financial position
as at 28 February 2026
Tangible assets
35,642
52,167
Cash at bank and in hand
31,224
32,695
Creditors: amounts falling due within one year
(35,433)
(24,694)
Net current assets
26,272
31,784
Total assets less current liabilities
61,915
88,160
Creditors: amounts falling due after more than one year
(4,050)
(8,348)
Called up share capital
10
10
Profit and loss account
57,855
79,802
Shareholders' funds
57,865
79,812
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 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 27 October 2026 and were signed on its behalf by
Gordon Elliott
Director
Company Registration No. 08880458
G D Elliott Ltd
Notes to the Accounts
for the year ended 28 February 2026
G D Elliott Ltd is a private company, limited by shares, registered in England and Wales, registration number 08880458. The registered office is 43 Church Street, Flint, Flintshire, CH6 5AD, Wales.
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.
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.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Goodwill is amortised over a period of 5 years
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:
Fixtures & fittings
4 years
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
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.
G D Elliott Ltd
Notes to the Accounts
for the year ended 28 February 2026
4
Intangible fixed assets
Goodwill
At 28 February 2026
21,033
At 28 February 2026
21,032
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 March 2025
50,978
41,561
92,539
At 28 February 2026
58,323
41,561
99,884
At 1 March 2025
29,009
11,363
40,372
Charge for the year
12,507
11,363
23,870
At 28 February 2026
41,516
22,726
64,242
At 28 February 2026
16,807
18,835
35,642
At 28 February 2025
21,969
30,198
52,167
Amounts falling due within one year
Trade debtors
16,454
12,343
Accrued income and prepayments
-
95
G D Elliott Ltd
Notes to the Accounts
for the year ended 28 February 2026
7
Creditors: amounts falling due within one year
2026
2025
Bank loans and overdrafts
1,119
3,622
Obligations under finance leases and hire purchase contracts
4,655
4,581
Trade creditors
8,814
4,980
Taxes and social security
10,092
4,616
Loans from directors
5,207
4,922
8
Creditors: amounts falling due after more than one year
2026
2025
Obligations under finance leases and hire purchase contracts
4,050
8,348
9
Average number of employees
During the year the average number of employees was 4 (2025: 4).