The Singing Elf Ltd

The Singing Elf Ltd

THE SINGING ELF LTD - Company Information

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1 November 2021 false No description of principal activity Taxfiler 2023.7 12246373business:CompanyLimitedByGuarantee2021-11-012022-10-31 122463732021-10-31 122463732021-11-012022-10-31 12246373business:AuditExemptWithAccountantsReport2021-11-012022-10-31 12246373business:FilletedAccounts2021-11-012022-10-31 122463732022-10-31 12246373business:Director12021-11-012022-10-31 12246373business:Director22021-11-012022-10-31 12246373business:Director32021-11-012022-10-31 12246373business:RegisteredOffice2021-11-012022-10-31 122463732021-10-31 12246373core:WithinOneYear2022-10-31 12246373core:WithinOneYear2021-10-31 12246373core:AfterOneYear2022-10-31 12246373core:AfterOneYear2021-10-31 12246373core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-10-31 12246373core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2021-10-31 12246373core:PreviouslyStatedAmount2022-10-31 12246373core:PreviouslyStatedAmount2021-10-31 12246373business:SmallEntities2021-11-012022-10-31 12246373countries:EnglandWales2021-11-012022-10-31 12246373core:ComputerEquipment2021-11-012022-10-31 12246373core:IntangibleAssetsOtherThanGoodwill2021-10-31 12246373core:IntangibleAssetsOtherThanGoodwill2022-10-31 12246373core:IntangibleAssetsOtherThanGoodwill2021-11-012022-10-31 12246373core:ComputerEquipment2021-10-31 12246373core:ComputerEquipment2022-10-31 122463732020-11-012021-10-31 iso4217:GBP xbrli:pure
Company Registration No. 12246373 (England and Wales)
The Singing Elf Ltd Unaudited accounts for the year ended 31 October 2022
The Singing Elf Ltd Unaudited accounts Contents
Page
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The Singing Elf Ltd Company Information for the year ended 31 October 2022
Directors
Susan E Dash Rebecca E McGarvie Anthony W Milan
Company Number
12246373 (England and Wales)
Registered Office
The Old Rectory The Broadway Houghton le Spring DH4 4BB
Accountants
Accounting for Good CIC The Winlaton Centre North Street Winlaton Tyne and Wear NE21 6BY
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The Singing Elf Ltd Statement of financial position as at 31 October 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Intangible assets
4
700 
1,100 
Tangible assets
5
2,328 
751 
3,028 
1,851 
Current assets
Inventories
1,000 
3,000 
Debtors
6
9,932 
403 
Cash at bank and in hand
14,919 
6,139 
25,851 
9,542 
Creditors: amounts falling due within one year
7
(20,241)
(9,006)
Net current assets
5,610 
536 
Total assets less current liabilities
8,638 
2,387 
Creditors: amounts falling due after more than one year
8
(3,200)
(5,600)
Provisions for liabilities
Deferred tax
(575)
(147)
Net assets/(liabilities)
4,863 
(3,360)
Reserves
9
Profit and loss account
4,863 
(3,360)
Members' funds
4,863 
(3,360)
For the year ending 31 October 2022 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 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 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 of Directors and authorised for issue on 29 August 2023 and were signed on its behalf by
Rebecca E McGarvie Director Company Registration No. 12246373
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The Singing Elf Ltd Notes to the Accounts for the year ended 31 October 2022
1
Statutory information
The Singing Elf Ltd is a private company, limited by guarantee, registered in England and Wales, registration number 12246373. The registered office is The Old Rectory, The Broadway, Houghton le Spring, DH4 4BB.
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
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
33% reducing balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 November 2021
1,600 
At 31 October 2022
1,600 
Amortisation
At 1 November 2021
500 
Charge for the year
400 
At 31 October 2022
900 
Net book value
At 31 October 2022
700 
At 31 October 2021
1,100 
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The Singing Elf Ltd Notes to the Accounts for the year ended 31 October 2022
5
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 November 2021
1,109 
Additions
2,349 
At 31 October 2022
3,458 
Depreciation
At 1 November 2021
358 
Charge for the year
772 
At 31 October 2022
1,130 
Net book value
At 31 October 2022
2,328 
At 31 October 2021
751 
6
Debtors
2022 
2021 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
- 
403 
Amounts falling due after more than one year
Trade debtors
9,932 
- 
7
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Bank loans and overdrafts
1,200 
- 
Trade creditors
8,641 
- 
Taxes and social security
1,092 
398 
Other creditors
1,556 
8,533 
Loans from directors
7,752 
- 
Accruals
- 
75 
20,241 
9,006 
8
Creditors: amounts falling due after more than one year
2022 
2021 
£ 
£ 
Bank loans
3,200 
5,600 
9
Company limited by guarantee
The company is limited by guarantee and has no share capital. Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
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The Singing Elf Ltd Notes to the Accounts for the year ended 31 October 2022
10
Average number of employees
During the year the average number of employees was 1 (2021: 1).
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