Elmsway Consultancy Limited - Accounts to registrar (filleted) - small 23.1.2

REGISTERED NUMBER: 07447317 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2023

FOR

ELMSWAY CONSULTANCY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

I R Nicholson

SECRETARY:

I R Nicholson

REGISTERED OFFICE:

Tresco

Westwood Avenue

Woodham

Addlestone

Surrey

KT15 3QF

REGISTERED NUMBER:

07447317 (England and Wales)

ACCOUNTANTS:

John A Hyde & Co

Lyndale House

24A High Street

Addlestone

Surrey

KT15 1TN

FIXED ASSETS

Tangible assets

4

25,245

39,067

CURRENT ASSETS

Debtors

5

36,709

27,595

Cash at bank and in hand

137,336

123,219

174,045

150,814

CREDITORS

Amounts falling due within one year

6

20,431

20,139

NET CURRENT ASSETS

153,614

130,675

TOTAL ASSETS LESS CURRENT LIABILITIES

178,859

169,742

CREDITORS

Amounts falling due after more than one year

7

31,465

37,162

NET ASSETS

147,394

132,580

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

147,294

132,480

SHAREHOLDERS' FUNDS

147,394

132,580

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 13 March 2024 and were signed by:

I R Nicholson - Director

1.	STATUTORY INFORMATION

Elmsway Consultancy Limited 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

-

33% 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 1 (2022 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 December 2022

66,322

Additions

1,182

At 30 November 2023

67,504

DEPRECIATION

At 1 December 2022

27,255

Charge for year

15,004

At 30 November 2023

42,259

NET BOOK VALUE

At 30 November 2023

25,245

At 30 November 2022

39,067

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.23

30.11.22

£

£

Trade debtors

21,000

11,886

Other debtors

15,709

15,709

36,709

27,595

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.23

30.11.22

£

£

Trade creditors

228

7

Taxation and social security

19,473

19,432

Other creditors

730

700

20,431

20,139

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.11.23

30.11.22

£

£

Hire purchase contracts

31,465

37,162