Element Construction Solutions Ltd

Element Construction Solutions Ltd

ELEMENT CONSTRUCTION SOLUTIONS LTD - Company Information

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1 November 2018 false No description of principal activity Taxfiler 2019.12.Web 07747428business:PrivateLimitedCompanyLtd2018-11-012019-10-31 077474282018-10-31 077474282018-11-012019-10-31 07747428business:AuditExemptWithAccountantsReport2018-11-012019-10-31 07747428business:FullAccounts2018-11-012019-10-31 077474282019-10-31 07747428business:Director12018-11-012019-10-31 07747428business:RegisteredOffice2018-11-012019-10-31 077474282018-10-31 07747428core:WithinOneYear2019-10-31 07747428core:WithinOneYear2018-10-31 07747428core:AfterOneYear2019-10-31 07747428core:AfterOneYear2018-10-31 07747428core:ShareCapital2019-10-31 07747428core:ShareCapital2018-10-31 07747428core:RetainedEarningsAccumulatedLosses2019-10-31 07747428core:RetainedEarningsAccumulatedLosses2018-10-31 07747428business:SmallEntities2018-11-012019-10-31 07747428countries:EnglandWales2018-11-012019-10-31 07747428core:MotorVehicles2018-11-012019-10-31 07747428core:MotorVehicles2018-10-31 07747428core:MotorVehicles2019-10-31 07747428business:OrdinaryShareClass12018-11-012019-10-31 07747428business:OrdinaryShareClass12017-11-012018-10-31 077474282017-11-012018-10-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 07747428 (England and Wales)
Element Construction Solutions Ltd Unaudited accounts for the year ended 31 October 2019
Element Construction Solutions Ltd Unaudited accounts Contents
Page
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Element Construction Solutions Ltd Company Information for the year ended 31 October 2019
Director
Daniel Newman
Company Number
07747428 (England and Wales)
Registered Office
62 Dovers Park Bathford BA1 7UD
Accountants
Roger Marsden One The Garth Cobham KT11 2DZ
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Element Construction Solutions Ltd Accountants' report
Accountants' report to the director of Element Construction Solutions Ltd on the preparation of the unaudited statutory accounts for the year ended 31 October 2019
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Element Construction Solutions Ltd for the year ended 31 October 2019 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Element Construction Solutions Ltd, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Element Construction Solutions Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Element Construction Solutions Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Element Construction Solutions Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Element Construction Solutions Ltd. You consider that Element Construction Solutions Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Element Construction Solutions Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Roger Marsden One The Garth Cobham KT11 2DZ 24 January 2020
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Element Construction Solutions Ltd Statement of financial position as at 31 October 2019
2019 
2018 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
11,391 
11,391 
Current assets
Cash at bank and in hand
498 
65 
Creditors: amounts falling due within one year
5
(11,111)
(7,692)
Net current liabilities
(10,613)
(7,627)
Total assets less current liabilities
778 
3,764 
Creditors: amounts falling due after more than one year
6
- 
(3,675)
Net assets
778 
89 
Capital and reserves
Called up share capital
7
1 
1 
Profit and loss account
777 
88 
Shareholders' funds
778 
89 
For the year ending 31 October 2019 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.
Approved by the Board on 24 January 2020.
Daniel Newman Director Company Registration No. 07747428
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Element Construction Solutions Ltd Notes to the Accounts for the year ended 31 October 2019
1
Statutory information
Element Construction Solutions Ltd is a private company, limited by shares, registered in England and Wales, registration number 07747428. The registered office is 62 Dovers Park, Bathford, BA1 7UD.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25%
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 November 2018
33,500 
At 31 October 2019
33,500 
Depreciation
At 1 November 2018
22,109 
At 31 October 2019
22,109 
Net book value
At 31 October 2019
11,391 
At 31 October 2018
11,391 
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Element Construction Solutions Ltd Notes to the Accounts for the year ended 31 October 2019
5
Creditors: amounts falling due within one year
2019 
2018 
£ 
£ 
Trade creditors
283 
486 
Taxes and social security
10,600 
6,141 
Accrued preference dividends
228 
1,065 
11,111 
7,692 
6
Creditors: amounts falling due after more than one year
2019 
2018 
£ 
£ 
Obligations under finance leases and hire purchase contracts
- 
3,675 
7
Share capital
2019 
2018 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
8
Average number of employees
During the year the average number of employees was 0 (2018: 0).
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