Abbreviated Company Accounts - ELIAN LTD

Registered Number 04108323

ELIAN LTD

Abbreviated Accounts

31 March 2016

ELIAN LTD Registered Number 04108323

Abbreviated Balance Sheet as at 31 March 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	1,131,354	1,131,477
		1,131,354	1,131,477
Current assets
Debtors		19,794	11,500
Cash at bank and in hand		7,699	12,836
		27,493	24,336
Creditors: amounts falling due within one year		(148,268)	(144,122)
Net current assets (liabilities)		(120,775)	(119,786)
Total assets less current liabilities		1,010,579	1,011,691
Creditors: amounts falling due after more than one year		(447,184)	(482,625)
Total net assets (liabilities)		563,395	529,066
Capital and reserves
Called up share capital		2	2
Revaluation reserve		359,337	359,337
Profit and loss account		204,056	169,727
Shareholders' funds		563,395	529,066

For the year ending 31 March 2016 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 21 December 2016

And signed on their behalf by:
Mrs Jennifer Williams, Director

ELIAN LTD Registered Number 04108323

Notes to the Abbreviated Accounts for the period ended 31 March 2016

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 amounts chargeable, net of VAT, in respect of the sale of goods and services to customers.

Tangible assets depreciation policy
Depreciation is provided at the following annual rates in order to write off eachasset over its estimated useful life.
Fixtures and Fittings at 20% on reducing balance.

2Tangible fixed assets

	£
Cost
At 1 April 2015	1,132,746
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 March 2016	1,132,746
Depreciation
At 1 April 2015	1,269
Charge for the year	123
On disposals	-
At 31 March 2016	1,392
Net book values
At 31 March 2016	1,131,354
At 31 March 2015	1,131,477