ACCOUNTS - Final Accounts preparation

Caseware UK (AP4) 2021.0.152 2021.0.152 2022-02-282022-02-28accountancy advice and support22021-02-11falsetruetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 13194816 2021-02-10 13194816 2021-02-11 2022-02-28 13194816 2020-02-11 2021-02-10 13194816 2022-02-28 13194816 c:Director2 2021-02-11 2022-02-28 13194816 d:OfficeEquipment 2021-02-11 2022-02-28 13194816 d:OfficeEquipment 2022-02-28 13194816 d:OfficeEquipment d:OwnedOrFreeholdAssets 2021-02-11 2022-02-28 13194816 d:CurrentFinancialInstruments 2022-02-28 13194816 d:CurrentFinancialInstruments d:WithinOneYear 2022-02-28 13194816 d:ShareCapital 2022-02-28 13194816 d:RetainedEarningsAccumulatedLosses 2022-02-28 13194816 c:OrdinaryShareClass1 2021-02-11 2022-02-28 13194816 c:OrdinaryShareClass1 2022-02-28 13194816 c:FRS102 2021-02-11 2022-02-28 13194816 c:AuditExempt-NoAccountantsReport 2021-02-11 2022-02-28 13194816 c:FullAccounts 2021-02-11 2022-02-28 13194816 c:PrivateLimitedCompanyLtd 2021-02-11 2022-02-28 xbrli:shares iso4217:GBP xbrli:pure

Registered number:13194816

ELOMONT LIMITED

UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD ENDED28 FEBRUARY 2022


ELOMONT LIMITED

CONTENTS

	Page
Statement of Financial Position	1 - 2
Notes to the Financial Statements	3 - 5


ELOMONT LIMITED REGISTERED NUMBER:13194816

STATEMENT OF FINANCIAL POSITION

AS AT 28 FEBRUARY 2022

		2022
Note		£

Fixed assets
Tangible assets	4		957
Current assets
Debtors: amounts falling due within one year	5	14,750
Cash at bank and in hand		97,032
		111,782
Creditors: amounts falling due within one year	6	(23,721)
Net current assets			88,061

Net assets			89,018

Capital and reserves
Called up share capital			100
Profit and loss account			88,918
			89,018

Page 1


ELOMONT LIMITED REGISTERED NUMBER:13194816

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 28 FEBRUARY 2022

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

P Howlett

Director

Date: 13 September 2022

The notes on pages 3 to 5 form part of these financial statements.

Page 2


ELOMONT LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 28 FEBRUARY 2022

1.	General information

Elomont Limited is a limited liability company registered in England and Wales with its registered office at 9 Birchwood Road, Petts Wood, Kent, BR5 1NX.

The company was incorporated on 11 February 2021 and commenced trading on the same day.

The principal activity of the company is that of provision of accounting advice and support primarily to organisations in the finance sector.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

2.2

Turnover

Turnover comprises revenue recognised by the company in respect of amounts invoiced during the year, exclusive of Value Added Tax and trade discounts.

2.3

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is provided on the following basis:

Office equipment

33%

straight line

2.5

Debtors

Short term debtors are measured at transaction price, less any impairment.

2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty.

Page 3


ELOMONT LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 28 FEBRUARY 2022

2.Accounting policies (continued)

2.7

Creditors

Short term creditors are measured at the transaction price.

Employees

The average monthly number of employees, including directors, during the period was 2.

4.	Tangible fixed assets

		Office equipment
		£
	Cost
	Additions	1,435
	At 28 February 2022	1,435
	Depreciation
	Charge for the period on owned assets	478
	At 28 February 2022	478
	Net book value
	At 28 February 2022	957

Debtors

					2022
					£


	Trade debtors	6,500
	Prepayments and accrued income	8,250
		14,750

Page 4


ELOMONT LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 28 FEBRUARY 2022

6.	Creditors: Amounts falling due within one year
		2022
		£

	Taxation and social security	21,161
	Other creditors	520
	Accruals and deferred income	2,040
		23,721

7.	Share capital
		2022
		£

		Allotted, called up and fully paid

		100 Ordinary shares of £1 each	100

On incorporation the company issued 100 Ordinary shares of £1 at par.

Page 5