Elixir Taxation Limited

Elixir Taxation Limited

ELIXIR TAXATION LIMITED - Company Information

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1 October 2022 false No description of principal activity Taxfiler 2023.9 13613461business:PrivateLimitedCompanyLtd2022-10-012023-09-30 136134612022-09-30 136134612022-10-012023-09-30 13613461business:AuditExempt-NoAccountantsReport2022-10-012023-09-30 13613461business:FilletedAccounts2022-10-012023-09-30 136134612023-09-30 13613461business:Director12022-10-012023-09-30 13613461business:RegisteredOffice2022-10-012023-09-30 136134612022-09-30 13613461core:WithinOneYear2023-09-30 13613461core:WithinOneYear2022-09-30 13613461core:ShareCapitalcore:PreviouslyStatedAmount2023-09-30 13613461core:ShareCapitalcore:PreviouslyStatedAmount2022-09-30 13613461core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-09-30 13613461core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-09-30 13613461core:PreviouslyStatedAmount2023-09-30 13613461core:PreviouslyStatedAmount2022-09-30 13613461business:SmallEntities2022-10-012023-09-30 13613461countries:EnglandWales2022-10-012023-09-30 13613461core:FurnitureFittings2022-10-012023-09-30 13613461core:ComputerEquipment2022-10-012023-09-30 13613461core:FurnitureFittings2022-09-30 13613461core:ComputerEquipment2022-09-30 13613461core:FurnitureFittings2023-09-30 13613461core:ComputerEquipment2023-09-30 136134612021-09-102022-09-30 iso4217:GBP xbrli:pure
Company Registration No. 13613461 (England and Wales)
Elixir Taxation Limited Unaudited accounts for the year ended 30 September 2023
Elixir Taxation Limited Unaudited accounts Contents
Page
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Elixir Taxation Limited Company Information for the year ended 30 September 2023
Director
Muhammad Idrees
Company Number
13613461 (England and Wales)
Registered Office
14-40 Victoria Road Aldershot GU11 1TQ
Accountants
Elixir - Chartered Tax Advisers 10 Frost Drive Aldershot GU11 4DE
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Elixir Taxation Limited Statement of financial position as at 30 September 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
2,480 
1,594 
Current assets
Debtors
5
6,857 
- 
Cash at bank and in hand
67,183 
8,331 
74,040 
8,331 
Creditors: amounts falling due within one year
6
(35,778)
(4,007)
Net current assets
38,262 
4,324 
Net assets
40,742 
5,918 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
40,642 
5,818 
Shareholders' funds
40,742 
5,918 
For the year ending 30 September 2023 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 10 October 2023 and were signed on its behalf by
Muhammad Idrees Director Company Registration No. 13613461
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Elixir Taxation Limited Notes to the Accounts for the year ended 30 September 2023
1
Statutory information
Elixir Taxation Limited is a private company, limited by shares, registered in England and Wales, registration number 13613461. The registered office is 14-40, Victoria Road, Aldershot, GU11 1TQ.
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 30 September 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 10 September 2021. 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.
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:
Fixtures & fittings
3 years on a straight line basis
Computer equipment
3 years on a straight line basis
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 October 2022
- 
2,392 
2,392 
Additions
1,436 
1,689 
3,125 
Disposals
- 
(399)
(399)
At 30 September 2023
1,436 
3,682 
5,118 
Depreciation
At 1 October 2022
- 
798 
798 
Charge for the year
479 
1,361 
1,840 
At 30 September 2023
479 
2,159 
2,638 
Net book value
At 30 September 2023
957 
1,523 
2,480 
At 30 September 2022
- 
1,594 
1,594 
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Elixir Taxation Limited Notes to the Accounts for the year ended 30 September 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
1,307 
- 
Trade debtors
4,880 
- 
Other debtors
670 
- 
6,857 
- 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Obligations under finance leases and hire purchase contracts
1,700 
1,193 
Taxes and social security
8,415 
825 
Other creditors
12,000 
- 
Loans from directors
13,663 
1,989 
35,778 
4,007 
7
Average number of employees
During the year the average number of employees was 3 (2022: 1).
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