Elite Power Transmissions Limited Filleted accounts for Companies House (small and micro)

ELITE POWER TRANSMISSIONS LIMITED - Company Information

false false false false false false false false false true false false false false false false false No description of principal activity 2017-06-01 Sage Accounts Production Advanced 2018 Update 1 - FRS xbrli:pure xbrli:shares iso4217:GBP 07668246 2017-06-01 2018-05-31 07668246 2018-05-31 07668246 2017-05-31 07668246 2016-06-01 2017-05-31 07668246 2017-05-31 07668246 2016-05-31 07668246 bus:Director1 2017-06-01 2018-05-31 07668246 bus:Director2 2017-06-01 2018-05-31 07668246 bus:Director3 2017-06-01 2018-05-31 07668246 bus:Director4 2017-06-01 2018-05-31 07668246 core:WithinOneYear 2018-05-31 07668246 core:WithinOneYear 2017-05-31 07668246 core:RestatedAmount 2017-05-31 07668246 bus:Director1 2017-05-31 07668246 bus:Director1 2018-05-31 07668246 bus:Director2 2017-05-31 07668246 bus:Director2 2018-05-31 07668246 bus:Director3 2017-05-31 07668246 bus:Director3 2018-05-31 07668246 bus:Director4 2017-05-31 07668246 bus:Director4 2018-05-31 07668246 bus:Director1 2016-05-31 07668246 bus:Director1 2017-05-31 07668246 bus:Director2 2016-05-31 07668246 bus:Director2 2017-05-31 07668246 bus:Director3 2016-05-31 07668246 bus:Director3 2017-05-31 07668246 bus:Director4 2016-05-31 07668246 bus:Director4 2017-05-31 07668246 bus:Director1 2016-06-01 2017-05-31 07668246 bus:Director2 2016-06-01 2017-05-31 07668246 bus:Director3 2016-06-01 2017-05-31 07668246 bus:Director4 2016-06-01 2017-05-31 07668246 bus:Micro-entities 2017-06-01 2018-05-31 07668246 bus:AuditExemptWithAccountantsReport 2017-06-01 2018-05-31 07668246 bus:FullAccounts 2017-06-01 2018-05-31 07668246 bus:SmallCompaniesRegimeForAccounts 2017-06-01 2018-05-31 07668246 bus:PrivateLimitedCompanyLtd 2017-06-01 2018-05-31

COMPANY REGISTRATION NUMBER: 07668246

Elite Power Transmissions Limited

Filleted Unaudited Financial Statements

31 May 2018

Elite Power Transmissions Limited

Statement of Financial Position

31 May 2018

	2018		2017
	£	£	£
Fixed assets		27,780	30,313
		--------	--------

Current assets		195,473	199,907

Creditors: amounts falling due within one year	222,117	227,489
	---------	---------
Net current liabilities	( 26,644)	( 27,582)
	--------	--------
Total assets less current liabilities	1,136	2,731

Accruals and deferred income	973	960
	-------	-------
	163	1,771
	-------	-------

Capital and reserves	163	1,771
	----	-------

Notes to the financial statements

1. Employee numbers

The average number of persons employed by the company during the year amounted to 3 (2017: 3 ).

2. Directors' advances, credits and guarantees

During the year the directors entered into the following advances and credits with the company:

	2018
	Balance brought forward	Advances/ (credits) to the directors	Balance outstanding
	£	£	£
R Brown	( 74,910)	5,297	( 69,613)
R Banks	( 1,038)	8,203	7,165
A J White	( 78,561)	5,876	( 72,685)
A Goodrum	25,325	( 25,463)	( 138)
	---------	--------	---------
	( 129,184)	( 6,087)	( 135,271)
	---------	--------	---------

	2017
	Balance brought forward	Advances/ (credits) to the directors	Balance outstanding
	£	£	£
R Brown	( 56,743)	( 18,167)	( 74,910)
R Banks	1,278	( 2,316)	( 1,038)
A J White	( 61,263)	( 17,298)	( 78,561)
A Goodrum	27,808	( 2,483)	25,325
	--------	--------	---------
	( 88,920)	( 40,264)	( 129,184)
	--------	--------	---------

For the year ending 31 May 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

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

These financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

These financial statements were approved by the board of directors and authorised for issue on 22 February 2019 , and are signed on behalf of the board by:

A J White
Director

Company registration number: 07668246

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Sportsman Farm, St Michaels, Tenterden, Kent, TN30 6SY.