ELLIOT SCIENTIFIC LIMITED

ELLIOT SCIENTIFIC LIMITED

ELLIOT SCIENTIFIC LIMITED - Company Information

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ELLIOT SCIENTIFIC LIMITED

Company Registration Number:
02460146 (England and Wales)

Unaudited abridged accounts for the year ended 31 January 2020

Period of accounts

Start date: 01 February 2019

End date: 31 January 2020

ELLIOT SCIENTIFIC LIMITED

Contents of the Financial Statements

for the Period Ended 31 January 2020

Balance sheet
Notes

ELLIOT SCIENTIFIC LIMITED

Balance sheet

As at 31 January 2020


Notes
2020
2019


£
£
Fixed assets
Tangible assets: 3 19,088 20,742
Investments: 4 128,744 128,744
Total fixed assets: 147,832 149,486
Current assets
Stocks: 167,397 205,261
Debtors: 5 412,432 676,587
Cash at bank and in hand: 390,772 325,844
Total current assets: 970,601 1,207,692
Creditors: amounts falling due within one year: 6 (491,437) (321,941)
Net current assets (liabilities): 479,164 885,751
Total assets less current liabilities: 626,996 1,035,237
Total net assets (liabilities): 626,996 1,035,237
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 626,896 1,035,137
Shareholders funds: 626,996 1,035,237

The notes form part of these financial statements

ELLIOT SCIENTIFIC LIMITED

Balance sheet statements

For the year ending 31 January 2020 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 14 September 2020
and signed on behalf of the board by:

Name: Dr Adrian Knowles
Status: Director

The notes form part of these financial statements

ELLIOT SCIENTIFIC LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2020

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Fair value received excluding VAT

Tangible fixed assets and depreciation policy

Assets written off at rates between 10% & 25% on a straight line basis

Other accounting policies

Fixed asset investments are valued at cost.

ELLIOT SCIENTIFIC LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2020

2. Employees

2020 2019
Average number of employees during the period 8 8

ELLIOT SCIENTIFIC LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2020

3. Tangible Assets

Total
Cost £
At 01 February 2019 140,020
Additions 7,259
At 31 January 2020 147,279
Depreciation
At 01 February 2019 119,278
Charge for year 8,913
At 31 January 2020 128,191
Net book value
At 31 January 2020 19,088
At 31 January 2019 20,742

ELLIOT SCIENTIFIC LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2020

4. Fixed investments

Shares in group undertakings £128744

ELLIOT SCIENTIFIC LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2020

5. Debtors

2020 2019
££
Debtors due after more than one year: 3,023 459,151

ELLIOT SCIENTIFIC LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2020

6. Creditors: amounts falling due within one year note

Trade creditors 357559 192930Due to group 399 399Corporation tax 17476 3897Other Taxes 41721 43488Other creditors 74282 81227total £491437 £321941