ACCOUNTS - Final Accounts preparation

ELAN CARAVANS LIMITED - Company Information

Caseware UK (AP4) 2016.0.181 2016.0.181 2017-03-312017-03-31truetrueNo description of principal activitytrue2016-04-01 SC061507 2016-04-01 2017-03-31 SC061507 2017-03-31 SC061507 2016-03-31 SC061507 c:Director1 2016-04-01 2017-03-31 SC061507 c:Director2 2016-04-01 2017-03-31 SC061507 c:RegisteredOffice 2016-04-01 2017-03-31 SC061507 d:CurrentFinancialInstruments 2017-03-31 SC061507 d:CurrentFinancialInstruments 2016-03-31 SC061507 d:CurrentFinancialInstruments d:WithinOneYear 2017-03-31 SC061507 d:CurrentFinancialInstruments d:WithinOneYear 2016-03-31 SC061507 d:ShareCapital 2017-03-31 SC061507 d:ShareCapital 2016-03-31 SC061507 d:RetainedEarningsAccumulatedLosses 2017-03-31 SC061507 d:RetainedEarningsAccumulatedLosses 2016-03-31 SC061507 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2017-03-31 SC061507 d:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2016-03-31 SC061507 c:EntityNoLongerTradingButTradedInPast 2016-04-01 2017-03-31 SC061507 c:FRS102 2016-04-01 2017-03-31 SC061507 c:AuditExempt-NoAccountantsReport 2016-04-01 2017-03-31 SC061507 c:FullAccounts 2016-04-01 2017-03-31 SC061507 c:PrivateLimitedCompanyLtd 2016-04-01 2017-03-31 iso4217:GBP

Registered number: SC061507

ELAN CARAVANS LIMITED

UNAUDITED

DIRECTORS' REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2017

ELAN CARAVANS LIMITED

COMPANY INFORMATION

Directors	P McCormack
	I McCormack


Registered number	SC061507


Registered office	Dundee Road
	Errol
	Perth
	PH2 7SR

ELAN CARAVANS LIMITED

CONTENTS

	Page
Directors' Report	1
Balance Sheet	2 - 3
Notes to the Financial Statements	4 - 5

ELAN CARAVANS LIMITED

DIRECTORS' REPORT

FOR THE YEAR ENDED 31 MARCH 2017

The Directors present their report and the financial statements for the year ended 31 March 2017.

This report was approved by the board on 12 October 2017 and signed on its behalf.

I McCormack

Director

Page 1

ELAN CARAVANS LIMITED

REGISTERED NUMBER: SC061507

BALANCE SHEET

AS AT 31 MARCH 2017

		2017		2016
Note		£		£


Current assets
Debtors: amounts falling due within one year	3	29,200		29,200
Cash at bank and in hand	4	5		5
		29,205		29,205
Creditors: amounts falling due within one year	5	(20)		(20)
Net current assets			29,185		29,185
Total assets less current liabilities			29,185		29,185

Net assets			29,185		29,185

Capital and reserves
Called up share capital	20,000	20,000
Profit and loss account	9,185	9,185
	29,185	29,185

Page 2

ELAN CARAVANS LIMITED

REGISTERED NUMBER: SC061507

BALANCE SHEET (CONTINUED)

AS AT 31 MARCH 2017

For the year ended 31 March 2017 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.

Members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The Directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 12 October 2017.

___________________________

I McCormack

Director

The notes on pages 4 to 5 form part of these financial statements.

Page 3

ELAN CARAVANS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2017

1.	General information

Elan Caravans Limited is a private company limited by shares, incorporated in Scotland within the United Kingdom (company number SC061507). The address of the registered office is given in the company information page of these financial statements.
The financial statements are presented in sterling which is the functional currency of the company.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

2.2

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.3

Financial instruments

The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

2.4

Creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Debtors

					2017	2016
					£	£


Trade debtors	29,200	29,200
	29,200	29,200

Page 4

ELAN CARAVANS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2017

4.	Cash and cash equivalents
		2017	2016
		£	£

Cash at bank and in hand	5	5
	5	5

5.	Creditors: Amounts falling due within one year
		2017	2016
		£	£

Trade creditors	20	20
	20	20

6.	Financial instruments
		2017	2016
		£	£

Financial assets
Financial assets measured at fair value through profit or loss	5	5
	5	5

Financial assets measured at fair value through profit or loss comprise of bank at hand.

Page 5