Elysian Search Consulting Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 09552719 (England and Wales)

Financial Statements for the Year Ended 30 April 2021

for

Elysian Search Consulting Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

7

DIRECTOR:

Ms J Gajic

SECRETARY:

Ms J Gajic

REGISTERED OFFICE:

Hope House Darrs Lane,

Northchurch

Berkshire

HP4 3TT

REGISTERED NUMBER:

09552719 (England and Wales)

ACCOUNTANTS:

CAAT Advisory Ltd

Wework Southbank Central

30 Stamford Street

London

SE1 9PY

FIXED ASSETS

Tangible assets

4

7,559

11,816

CURRENT ASSETS

Debtors

5

251,851

388,902

Cash at bank

66,904

201,980

318,755

590,882

CREDITORS

Amounts falling due within one year

6

79,340

209,730

NET CURRENT ASSETS

239,415

381,152

TOTAL ASSETS LESS CURRENT LIABILITIES

246,974

392,968

CREDITORS

Amounts falling due after more than one year

7

241,667

-

NET ASSETS

5,307

392,968

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

5,306

392,967

5,307

392,968

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2021 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 January 2022 and were signed by:

Ms J Gajic - Director

1.	STATUTORY INFORMATION

Elysian Search Consulting Ltd 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.

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Plant and machinery etc

-

25% on cost

Taxation

Taxation for the year 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.

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 year 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 year was 8 (2020 - 9 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 May 2020

17,699

Additions

1,726

At 30 April 2021

19,425

DEPRECIATION

At 1 May 2020

5,883

Charge for year

5,983

At 30 April 2021

11,866

NET BOOK VALUE

At 30 April 2021

7,559

At 30 April 2020

11,816

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.21

30.4.20

£

£

Trade debtors

25,426

230,923

Other debtors

226,425

157,979

251,851

388,902

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.21

30.4.20

£

£

Bank loans and overdrafts

8,333

-

Trade creditors

36,138

144,157

Taxation and social security

33,901

54,654

Other creditors

968

10,919

79,340

209,730

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.4.21

30.4.20

£

£

Bank loans

41,667

-

Other creditors

200,000

-

241,667

-

30.4.21

30.4.20

£

£

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Other loans more 5yrs non-inst

200,000

-

Repayable by instalments

Bank loans more 5 yr by instal

1,667

-

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2021 and 30 April 2020:

30.4.21

30.4.20

£

£

Ms J Gajic

Balance outstanding at start of year

145,593

102,759

Amounts advanced

234,580

145,593

Amounts repaid

(165,760

)

(102,759

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

214,413

145,593

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 30 April 2021 set out on pages three to seven and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

CAAT Advisory Ltd

Wework Southbank Central

30 Stamford Street

London

SE1 9PY

28 January 2022