ELD LANE MANAGEMENT LTD

ELD LANE MANAGEMENT LTD

ELD LANE MANAGEMENT LTD - Company Information

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1 September 2019 false No description of principal activity Taxfiler 2021.6 11535383business:PrivateLimitedCompanyLtd2019-09-012020-08-31 115353832019-08-31 115353832019-09-012020-08-31 11535383business:AuditExempt-NoAccountantsReport2019-09-012020-08-31 11535383business:FullAccounts2019-09-012020-08-31 115353832020-08-31 115353832019-08-31 11535383core:WithinOneYear2020-08-31 11535383core:WithinOneYear2019-08-31 11535383core:AfterOneYear2020-08-31 11535383core:AfterOneYear2019-08-31 11535383core:ShareCapital2020-08-31 11535383core:ShareCapital2019-08-31 11535383core:RetainedEarningsAccumulatedLosses2020-08-31 11535383core:RetainedEarningsAccumulatedLosses2019-08-31 11535383business:SmallEntities2019-09-012020-08-31 11535383business:Director12019-09-012020-08-31 11535383countries:EnglandWales2019-09-012020-08-31 11535383business:RegisteredOffice2019-09-012020-08-31 11535383core:AdditionsToInvestments2020-08-31 115353832018-08-242019-08-31 iso4217:GBP xbrli:pure
Company Registration No. 11535383 (England and Wales)
ELD LANE MANAGEMENT LTD Unaudited accounts for the year ended 31 August 2020
ELD LANE MANAGEMENT LTD Unaudited accounts Contents
Page
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ELD LANE MANAGEMENT LTD Statement of financial position as at 31 August 2020
2020 
2019 
Notes
£ 
£ 
Fixed assets
Investments
4
675,720 
- 
Current assets
Debtors
5
188,235 
- 
Cash at bank and in hand
53,025 
100 
241,260 
100 
Creditors: amounts falling due within one year
6
(466,262)
- 
Net current (liabilities)/assets
(225,002)
100 
Total assets less current liabilities
450,718 
100 
Creditors: amounts falling due after more than one year
7
(441,870)
- 
Net assets
8,848 
100 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
8,748 
- 
Shareholders' funds
8,848 
100 
For the year ending 31 August 2020 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 31 May 2021 and were signed on its behalf by
Dr R Carbiner Director Company Registration No. 11535383
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ELD LANE MANAGEMENT LTD Notes to the Accounts for the year ended 31 August 2020
1
Statutory information
ELD LANE MANAGEMENT LTD is a private company, limited by shares, registered in England and Wales, registration number 11535383. The registered office is 12 ST. CLARE ROAD, COLCHESTER, ESSEX, CO3 3SZ, UNITED KINGDOM.
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
These financial statements for the year ended 31 August 2020 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 24 August 2018. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
4
Investments
Subsidiary undertakings 
£ 
Valuation at 1 September 2019
- 
Additions
675,720 
Valuation at 31 August 2020
675,720 
The company holds 50% share capital of Waterton Pharmacy Limited as at balance sheet date.
5
Debtors: amounts falling due within one year
2020 
2019 
£ 
£ 
Other debtors
188,235 
- 
6
Creditors: amounts falling due within one year
2020 
2019 
£ 
£ 
Trade creditors
120 
- 
Amounts owed to group undertakings and other participating interests
464,090 
- 
Taxes and social security
2,052 
- 
466,262 
- 
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ELD LANE MANAGEMENT LTD Notes to the Accounts for the year ended 31 August 2020
7
Creditors: amounts falling due after more than one year
2020 
2019 
£ 
£ 
Bank loans
441,870 
- 
8
Transactions with related parties
As at balance sheet date ,the company owed balance of £379107/- to Sweden Sugar Ray International Ltd & £84983/- to Waterton Pharmacy Ltd related by mutual directorship.
9
Average number of employees
During the year the average number of employees was 0 (2019: 0).
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