Abbreviated Company Accounts - ELIAS CONSTRUCTION SOLUTIONS LIMITED

Abbreviated Company Accounts - ELIAS CONSTRUCTION SOLUTIONS LIMITED


Registered Number 09451503

ELIAS CONSTRUCTION SOLUTIONS LIMITED

Abbreviated Accounts

28 February 2016

ELIAS CONSTRUCTION SOLUTIONS LIMITED Registered Number 09451503

Abbreviated Balance Sheet as at 28 February 2016

Notes 2016
£
Called up share capital not paid 100
Fixed assets
Intangible assets 2 19,500
Tangible assets 3 19,000
38,500
Current assets
Stocks 15,618
Cash at bank and in hand 617
16,235
Prepayments and accrued income 947
Creditors: amounts falling due within one year 4 (16,186)
Net current assets (liabilities) 996
Total assets less current liabilities 39,596
Creditors: amounts falling due after more than one year 4 (45,270)
Accruals and deferred income (728)
Total net assets (liabilities) (6,402)
Capital and reserves
Called up share capital 5 100
Profit and loss account (6,502)
Shareholders' funds (6,402)
  • For the year ending 28 February 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 19 December 2016

And signed on their behalf by:
Yosief Alkater, Director

ELIAS CONSTRUCTION SOLUTIONS LIMITED Registered Number 09451503

Notes to the Abbreviated Accounts for the period ended 28 February 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 all sales net of VAT.

Tangible assets depreciation policy
Fixed assets of are stated at cost less accumulated depreciation.
Depreciation on fixed assets is calculated using the straight-line method and assets depreciated over five years.

Intangible assets amortisation policy
Purchased goodwill is amortised using straight-line method over ten years.

Valuation information and policy
All assets are valued at the end of the accounting year.

Other accounting policies
There are no other accounting policy.

2Intangible fixed assets
£
Cost
Additions 20,000
Disposals -
Revaluations -
Transfers -
At 28 February 2016 20,000
Amortisation
Charge for the year 500
On disposals -
At 28 February 2016 500
Net book values
At 28 February 2016 19,500
3Tangible fixed assets
£
Cost
Additions 20,000
Disposals -
Revaluations -
Transfers -
At 28 February 2016 20,000
Depreciation
Charge for the year 1,000
On disposals -
At 28 February 2016 1,000
Net book values
At 28 February 2016 19,000
4Creditors
2016
£
Non-instalment debts due after 5 years 45,270
5Called Up Share Capital
Allotted, called up and fully paid:
2016
£
100 Ordinary shares of £1 each 100