ELMS Global Solutions Limited - Period Ending 2021-05-31

ELMS Global Solutions Limited

Directors' Report

Year Ended 31 May 2021

The directors present their report and the financial statements for the year ended 31 May 2021.

Directors of the company

The directors who held office during the year were as follows:

Mr W H Crook

Mr R C Mintern (ceased 13 August 2020)

Mr K M Harris (appointed 13 August 2020)

Small companies provision statement

This report has been prepared in accordance with the small companies regime under the Companies Act 2006.

Approved by the Board on 9 February 2022 and signed on its behalf by:

......................................... Mr W H Crook Director

ELMS Global Solutions Limited

Profit and Loss Account

Year Ended 31 May 2021

The company has not traded during the year. During this year, the company received no income and incurred no expenditure and therefore made neither profit nor loss.

ELMS Global Solutions Limited

Balance Sheet

31 May 2021

	Note	2021 £	2020 £
Current assets
Debtors	3	100	100
Capital and reserves
Called up share capital	4	100	100
Shareholders' funds		100	100

For the financial year ending 31 May 2021 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

Approved and authorised by the Board on 9 February 2022 and signed on its behalf by:

......................................... Mr W H Crook Director

Company Registration Number: 09467212

ELMS Global Solutions Limited

Notes to the Unaudited Financial Statements

Year Ended 31 May 2021

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
North Quay House
Sutton Harbour
Plymouth
PL4 0RA

The principal place of business is:
Unit 1, First Floor
Exeter International Office Park
Clyst Honiton
Exeter
EX5 2HL

These financial statements were authorised for issue by the Board on 9 February 2022.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention.

Financial instruments

Classification
The company holds the short term other debtors All financial instruments are classified as basic.

 Recognition and measurement
The company has chosen to apply the recognition and measurement principles in FRS102.

Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument and derecognised when in the case of assets, the contractual rights to cash flows from the assets expire or substantially all the risks and rewards of ownership are transferred to another party, or in the case of liabilities, when the company’s obligations are discharged, expire or are cancelled.
 Impairment
This disclosure box set not to appear in S1A template - in full FRS102 this will need to deleted if not required
Financial guarantee contracts
This disclosure box set not to appear in S1A template - in full FRS102 this will need to deleted if not required

ELMS Global Solutions Limited

Notes to the Unaudited Financial Statements

Year Ended 31 May 2021

3

Debtors

	2021 £	2020 £
Amounts owed by related parties	100	100
	100	100

4	Share capital

Allotted, called up and fully paid shares

	2021		2020
	No.	£	No.	£
Ordinary shares of £1 each	100	100	100	100

5	Parent and ultimate parent undertaking

The company's immediate parent is Certa360 Limited, incorporated in England and Wales.