ACCOUNTS - Final Accounts preparation


Caseware UK (AP4) 2018.0.196 2018.0.1962019-03-312018-05-102018-05-102019-03-312018-05-10The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.No description of principal activityfalsefalsetrue113546472018-05-09113546472018-05-102019-03-31113546472019-03-3111354647 c:Director1 2018-05-102019-03-3111354647 c:Director1 2019-03-3111354647 c:Director2 2018-05-102019-03-3111354647 c:Director2 2019-03-3111354647 c:RegisteredOffice 2018-05-102019-03-3111354647 d:CurrentFinancialInstruments 2019-03-3111354647 d:CurrentFinancialInstruments d:WithinOneYear 2019-03-3111354647 d:ShareCapital 2019-03-3111354647 d:RetainedEarningsAccumulatedLosses 2019-03-3111354647 c:OrdinaryShareClass1 2018-05-102019-03-3111354647 c:OrdinaryShareClass1 2019-03-3111354647 c:OrdinaryShareClass2 2018-05-102019-03-3111354647 c:OrdinaryShareClass2 2019-03-3111354647 c:OrdinaryShareClass3 2018-05-102019-03-3111354647 c:OrdinaryShareClass3 2019-03-3111354647 c:OrdinaryShareClass4 2018-05-102019-03-3111354647 c:OrdinaryShareClass4 2019-03-3111354647 c:OrdinaryShareClass5 2018-05-102019-03-3111354647 c:OrdinaryShareClass5 2019-03-3111354647 c:FRS102 2018-05-102019-03-3111354647 c:AuditExempt-NoAccountantsReport 2018-05-102019-03-3111354647 c:FullAccounts 2018-05-102019-03-3111354647 c:PrivateLimitedCompanyLtd 2018-05-102019-03-3111354647 c:PublicLimitedCompanyPLCNotQuotedOnAnyExchange 2018-05-102019-03-31xbrli:sharesiso4217:GBPxbrli:pure
Company registration number: 11354647







UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED
31 MARCH 2019


ELCHLOMEL INVESTMENTS LIMITED






































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ELCHLOMEL INVESTMENTS LIMITED
 


 
COMPANY INFORMATION


Directors
D J Lyons (appointed 10 May 2018)
M B E Lyons (appointed 10 May 2018)




Registered number
11354647



Registered office
Knowl Hill House
Knowl Hill Common
Knowl Hill

Reading

Berkshire

RG10 9YD




Accountants
Menzies LLP
Chartered Accountants

Ashcombe House

5 The Crescent

Leatherhead

Surrey

KT22 8DY





 


ELCHLOMEL INVESTMENTS LIMITED
 



CONTENTS



Page
Statement of Financial Position
1
Notes to the Financial Statements
2 - 4


 


ELCHLOMEL INVESTMENTS LIMITED
REGISTERED NUMBER:11354647



STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2019

2019
Note
£

Fixed assets
  

Investments
 4 
1,250,000

  
1,250,000

Current assets
  

Debtors: amounts falling due within one year
  
36,173

Cash at bank and in hand
  
4

  
36,177

Creditors: amounts falling due within one year
 6 
(1,216,949)

Net current liabilities
  
 
 
(1,180,772)

Total assets less current liabilities
  
69,228

  

Net assets
  
69,228


Capital and reserves
  

Share capital
 7 
71

Profit and loss account
  
69,157

  
69,228


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of 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 statement of income and retained earnings 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 by: 


D J Lyons
Director

Date: 13 November 2019

The notes on pages 2 to 4 form part of these financial statements.

Page 1

 


ELCHLOMEL INVESTMENTS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2019

1.


General information

Elchlomel Investments Limited is a company limited by shares incorporated in England and Wales. The address of the registered office is given in the company information page of these financial statements. 

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.

The following principal accounting policies have been applied:

 
2.2

Going concern

At 31 March 2019 the statement of financial position reports net current liabilities of £1,180,772. The company is reliant upon the continued support of its directors, who confirm their continued financial support of the company. The directors therefore consider it appropriate to prepare the accounts on a going concern basis.

 
2.3

Taxation

Tax is recognised in the Statement of Income and Retained Earnings, except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

 
2.4

Valuation of investments

Investments where market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Statement of Income and Retained Earnings for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

 
2.5

Financial instruments

The Company only enters into basic financial instrument 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.


3.


Employees

The average monthly number of employees, including directors, during the period was 2.

Page 2

 


ELCHLOMEL INVESTMENTS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2019

4.


Fixed asset investments





Unlisted investments

£



Cost or valuation


Additions
1,250,000



At 31 March 2019
1,250,000





5.


Debtors

2019
£


Prepayments and accrued income
36,173

36,173



6.


Creditors: Amounts falling due within one year

2019
£

Corporation tax
17,630

Other creditors
1,196,979

Accruals and deferred income
2,340

1,216,949



7.


Share capital

2019
£
Allotted, called up and fully paid


6 Ordinary shares of £1.00 each
6
1,500 Ordinary A shares of £0.01 each
15
1,500 Ordinary B shares of £0.01 each
15
1,500 Ordinary C shares of £0.01 each
15
10 Ordinary D shares of £1.00 each
10
10 Ordinary E shares of £1.00 each
10

71


Page 3

 


ELCHLOMEL INVESTMENTS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2019

8.


Related party transactions

Included within other creditors is an amount of £1,196,979 owed to the directors. No interest was charged on this loan.

 
Page 4