Elite Global Nutrition Limited - Accounts to registrar (filleted) - small 18.2
Elite Global Nutrition Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE PERIOD |
| 1 OCTOBER 2016 TO 31 MARCH 2018 |
| FOR |
| ELITE GLOBAL NUTRITION LIMITED |
| ELITE GLOBAL NUTRITION LIMITED (REGISTERED NUMBER: 09762222) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE PERIOD 1 OCTOBER 2016 TO 31 MARCH 2018 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| ELITE GLOBAL NUTRITION LIMITED |
| COMPANY INFORMATION |
| FOR THE PERIOD 1 OCTOBER 2016 TO 31 MARCH 2018 |
| DIRECTORS: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| 359 Yardley Road |
| Yardley |
| Birmingham |
| West Midlands |
| B25 8NB |
| ELITE GLOBAL NUTRITION LIMITED (REGISTERED NUMBER: 09762222) |
| BALANCE SHEET |
| 31 MARCH 2018 |
| 31.3.18 | 30.9.16 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 3 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 4 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 5 |
| NET CURRENT (LIABILITIES)/ASSETS | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
| CREDITORS |
| Amounts falling due after more than one year |
6 |
| NET LIABILITIES | ( |
) | ( |
) |
| CAPITAL AND RESERVES |
| Called up share capital | 7 |
| Retained earnings | 8 | ( |
) | ( |
) |
| SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
| ELITE GLOBAL NUTRITION LIMITED (REGISTERED NUMBER: 09762222) |
| BALANCE SHEET - continued |
| 31 MARCH 2018 |
| The directors acknowledge their responsibilities for: |
| (a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| (b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the Board of Directors on behalf by: |
| ELITE GLOBAL NUTRITION LIMITED (REGISTERED NUMBER: 09762222) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE PERIOD 1 OCTOBER 2016 TO 31 MARCH 2018 |
| 1. | STATUTORY INFORMATION |
| Elite Global Nutrition Limited is a |
| The company's registered number and registered office address can be found on the Company |
| Information page. |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, |
| rebates, value added tax and other sales taxes. |
| Tangible fixed assets |
| Plant and machinery | - |
| Office equipment | - |
| Motor vehicles | - |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete |
| and slow moving items. |
| Taxation |
| Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, |
| except to the extent that it relates to items recognised in other comprehensive income or directly in |
| equity. |
| Current or deferred taxation assets and liabilities are not discounted. |
| Current tax is recognised at the amount of tax payable using the tax rates and laws that have been |
| enacted or substantively enacted by the balance sheet date. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the |
| balance sheet date. |
| Timing differences arise from the inclusion of income and expenses in tax assessments in periods |
| different from those in which they are recognised in financial statements. Deferred tax is measured using |
| tax rates and laws that have been enacted or substantively enacted by the period end and that are |
| expected to apply to the reversal of the timing difference. |
| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable |
| that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
| ELITE GLOBAL NUTRITION LIMITED (REGISTERED NUMBER: 09762222) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE PERIOD 1 OCTOBER 2016 TO 31 MARCH 2018 |
| 3. | TANGIBLE FIXED ASSETS |
| Plant and | Office | Motor |
| machinery | equipment | vehicles | Totals |
| £ | £ | £ | £ |
| COST |
| At 1 October 2016 |
| Additions |
| At 31 March 2018 |
| DEPRECIATION |
| At 1 October 2016 |
| Charge for period |
| At 31 March 2018 |
| NET BOOK VALUE |
| At 31 March 2018 |
| At 30 September 2016 |
| 4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.3.18 | 30.9.16 |
| £ | £ |
| Other debtors |
| Prepayments |
| 5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.3.18 | 30.9.16 |
| £ | £ |
| Bank loans and overdrafts |
| Other loans |
| Hire purchase contracts |
| Trade creditors |
| Directors' loan accounts | 94,638 | 6,543 |
| Accrued expenses |
| 6. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 31.3.18 | 30.9.16 |
| £ | £ |
| Bank loans - 1-2 years |
| Hire purchase contracts |
| ELITE GLOBAL NUTRITION LIMITED (REGISTERED NUMBER: 09762222) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE PERIOD 1 OCTOBER 2016 TO 31 MARCH 2018 |
| 7. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 31.3.18 | 30.9.16 |
| value: | £ | £ |
| ordinary | £1 | 100 | 100 |
| 8. | RESERVES |
| Retained |
| earnings |
| £ |
| At 1 October 2016 | ( |
) |
| Deficit for the period | ( |
) |
| At 31 March 2018 | ( |
) |
| 9. | RELATED PARTY DISCLOSURES |
| There was an amount owing to a director Mr. D.P. Hoey by the company at 31 March 2018 amounting to |
| £94,638 (30.09.2016 of £6,543). |