Abbreviated Company Accounts - ELARATEK LTD

06271951 ELARATEK LTD 2015-06-30 false 2014-07-01 2015-06-30 true 06271951 2014-07-01 2015-06-30 06271951 2015-06-30 06271951 2014-06-30 06271951 uk-gaap-cd-bus:Director1 2014-07-01 2015-06-30 06271951 uk-gaap-cd-bus:Director2 2014-07-01 2015-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-07-01 2015-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-06-30 uk-gaap-cd-bus:OrdinaryShareClass1 2014-06-30 iso4217:GBP shares

Registered Number 06271951

ELARATEK LTD

Abbreviated Accounts

30 June 2015

ELARATEK LTD Registered Number 06271951

Abbreviated Balance Sheet as at 30 June 2015

	Notes	2015	2014
		£	£
Fixed assets
Tangible assets	2	4,766	300
Investments	3	7,149	7,149
		11,915	7,449
Current assets
Stocks		4,337	651
Debtors		1,084	1,052
Cash at bank and in hand		52,970	74,440
		58,391	76,143
Creditors: amounts falling due within one year		(27,060)	(37,785)
Net current assets (liabilities)		31,331	38,358
Total assets less current liabilities		43,246	45,807
Total net assets (liabilities)		43,246	45,807
Capital and reserves
Called up share capital	4	1,000	1,000
Profit and loss account		42,246	44,807
Shareholders' funds		43,246	45,807

For the year ending 30 June 2015 the company was entitled to exemption 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 in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 30 March 2016

And signed on their behalf by:
Amir Nooralahiyan, Director

ELARATEK LTD Registered Number 06271951

Notes to the Abbreviated Accounts for the period ended 30 June 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

Tangible assets depreciation policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and machinery - 20% straight line
Fixtures & Fittings - 20% straight line

Other accounting policies
Stocks

Stock is valued at the lower of cost and net realisable value.

2Tangible fixed assets

	£
Cost
At 1 July 2014	4,932
Additions	5,958
Disposals	-
Revaluations	-
Transfers	-
At 30 June 2015	10,890
Depreciation
At 1 July 2014	4,632
Charge for the year	1,492
On disposals	-
At 30 June 2015	6,124
Net book values
At 30 June 2015	4,766
At 30 June 2014	300

3Fixed assets Investments
Cost
At 1 July 2014 7,149

At 30 June 2015 7,149

The company holds 16.4% or more of the share capital of the following companies:

Omega Films Ltd

Capital and Profit (loss)
reserves for the year
£ £
1,000 (73,515)

The investment has been made in the above company whose aim is to make and distribute
films. The cumulative Loss is at the year ended 31 December 2014.

4Called Up Share Capital
Allotted, called up and fully paid:

	2015 £	2014 £
1,000 Ordinary shares of £1 each	1,000	1,000