The Elliot Group International Limited - Accounts to registrar (filleted) - small 18.2

The Elliot Group International Limited - Accounts to registrar (filleted) - small 18.2

THE ELLIOT GROUP INTERNATIONAL LIMITED - Company Information

Print Friendly Version

IRIS Accounts Production v20.1.0.635 08740228 director 1.1.18 29.12.18 29.12.18 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure087402282017-12-31087402282018-12-29087402282018-01-012018-12-29087402282016-10-31087402282016-11-012017-12-31087402282017-12-3108740228ns15:EnglandWales2018-01-012018-12-2908740228ns14:PoundSterling2018-01-012018-12-2908740228ns10:Director12018-01-012018-12-2908740228ns10:PrivateLimitedCompanyLtd2018-01-012018-12-2908740228ns10:SmallEntities2018-01-012018-12-2908740228ns10:AuditExempt-NoAccountantsReport2018-01-012018-12-2908740228ns10:SmallCompaniesRegimeForDirectorsReport2018-01-012018-12-2908740228ns10:SmallCompaniesRegimeForAccounts2018-01-012018-12-2908740228ns10:FullAccounts2018-01-012018-12-2908740228ns10:RegisteredOffice2018-01-012018-12-2908740228ns5:CurrentFinancialInstruments2018-12-2908740228ns5:CurrentFinancialInstruments2017-12-3108740228ns5:ShareCapital2018-12-2908740228ns5:ShareCapital2017-12-3108740228ns5:RetainedEarningsAccumulatedLosses2018-12-2908740228ns5:RetainedEarningsAccumulatedLosses2017-12-3108740228ns5:PlantMachinery2017-12-3108740228ns5:PlantMachinery2018-01-012018-12-2908740228ns5:PlantMachinery2018-12-2908740228ns5:PlantMachinery2017-12-3108740228ns5:CostValuation2017-12-3108740228ns5:AdditionsToInvestments2018-12-2908740228ns5:CostValuation2018-12-2908740228ns5:CurrentFinancialInstrumentsns5:WithinOneYear2018-12-2908740228ns5:CurrentFinancialInstrumentsns5:WithinOneYear2017-12-3108740228ns5:WithinOneYear2018-12-2908740228ns5:WithinOneYear2017-12-31
REGISTERED NUMBER: 08740228 (England and Wales)















Financial Statements for the Period 1 January 2018 to 29 December 2018

for

The Elliot Group International Limited
The Elliot Group International Limited (Registered number: 08740228)






Contents of the Financial Statements
for the Period 1 January 2018 to 29 December 2018




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


The Elliot Group International Limited

Company Information
for the Period 1 January 2018 to 29 December 2018







DIRECTOR: E Lawless





REGISTERED OFFICE: 116 Duke Street
Liverpool
Merseyside
L1 5JW





REGISTERED NUMBER: 08740228 (England and Wales)





ACCOUNTANTS: Cobham Murphy
116 Duke Street
Liverpool
Merseyside
L1 5JW
Page 1
The Elliot Group International Limited (Registered number: 08740228)

Balance Sheet
29 December 2018

29.12.18 31.12.17
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,818 9,637
Investments 5 303 102
5,121 9,739

CURRENT ASSETS
Debtors 6 369,372 782,604
Cash at bank 1,631 86
371,003 782,690
CREDITORS
Amounts falling due within one year 7 621,361 848,311
NET CURRENT LIABILITIES (250,358 ) (65,621 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
(245,237
)
(55,882
)

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (245,337 ) (55,982 )
SHAREHOLDERS' FUNDS (245,237 ) (55,882 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 29 December 2018.

The members have not required the company to obtain an audit of its financial statements for the period ended 29 December 2018 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 28 April 2020 and were signed by:





E Lawless - Director


The notes form part of these financial statements

Page 2
The Elliot Group International Limited (Registered number: 08740228)

Notes to the Financial Statements
for the Period 1 January 2018 to 29 December 2018

1. STATUTORY INFORMATION

The Elliot Group International Limited is a private company, limited by shares , registered in England and
Wales. The company's registered number and registered office address can be found on the Company
Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

The directors have prepared the financial statements on a going concern basis despite the net liability position.
The company is a holding company and receives financial support from the group along with dividends in the
future.

Significant judgements and estimates
There are no judgements (apart from those involving estimates) that have had a significant effect on amounts
recognised in the financial statements.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost less impairment where applicable.

Financial instruments
Other loans are initially measured at the present value of future payments, discounted at a market rate of interest,
and subsequently at amortised cost using the effective interest method.

Directors loans and intercompany loans (being repayable on demand), trade debtors and trade creditors are
measured at the undiscounted amount of the cash or other consideration expected to be paid or received.

Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective
evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit
and loss.

Taxation
Taxation for the period 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.


Page 3 continued...
The Elliot Group International Limited (Registered number: 08740228)

Notes to the Financial Statements - continued
for the Period 1 January 2018 to 29 December 2018

2. ACCOUNTING POLICIES - continued
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 period 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension
scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 3 (2017 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2018
and 29 December 2018 14,455
DEPRECIATION
At 1 January 2018 4,818
Charge for period 4,819
At 29 December 2018 9,637
NET BOOK VALUE
At 29 December 2018 4,818
At 31 December 2017 9,637

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 January 2018 102
Additions 201
At 29 December 2018 303
NET BOOK VALUE
At 29 December 2018 303
At 31 December 2017 102

Page 4 continued...
The Elliot Group International Limited (Registered number: 08740228)

Notes to the Financial Statements - continued
for the Period 1 January 2018 to 29 December 2018

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.12.18 31.12.17
£    £   
Amounts owed by group undertakings - 372,891
Other debtors 369,372 409,713
369,372 782,604

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.12.18 31.12.17
£    £   
Amounts owed to group undertakings - 736,317
Taxation and social security 11,308 1,918
Other creditors 610,053 110,076
621,361 848,311

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
29.12.18 31.12.17
£    £   
Within one year - 14,520

9. RELATED PARTY DISCLOSURES

Included in debtors are amounts owing from related parties of £340,708 (2017 £780,441). Included in creditors
are balances owing to related parties of nil (2017 £846,083). The related party balances are interest free and
repayable on demand.

10. ULTIMATE CONTROLLING PARTY

At the balance sheet date E Lawless is the ultimate controlling party.

Page 5