Company Registration No. 09393966 (England and Wales)
ELBOL LIMITED
Annual report and unaudited accounts
for the year ended 31 January 2017
ELBOL LIMITED
Annual report and unaudited accounts
Contents
ELBOL LIMITED
Company Information
for the year ended 31 January 2017
Director
ELIZABETH OYEBOLA OYENUGA
Company Number
09393966 (England and Wales)
Registered Office
141C VICTORIA WAY
LONDON
SE7 7NX
UNITED KINGDOM
Accountants
Maisanda & Co
44 Unimix House
Abbey Road
Park Royal
London
NW10 7TR
ELBOL LIMITED
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of ELBOL LIMITED for the year ended 31 January 2017
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
ELBOL LIMITED for the year ended
31 January 2017 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
Our work has been undertaken in accordance with AAF 2/10 as detailed at icaew.com/compilation.
Maisanda & Co
Chartered Accountants
44 Unimix House
Abbey Road
Park Royal
London
NW10 7TR
3 April 2017
ELBOL LIMITED
Statement of financial position
as at
31 January 2017
Cash at bank and in hand
347
19
Creditors: amounts falling due within one year
(781)
(2,699)
Net current liabilities
(434)
(2,680)
Total assets less current liabilities
(434)
(2,680)
Creditors: amounts falling due after more than one year
(2,230)
-
Net liabilities
(2,664)
(2,680)
Called up share capital
100
100
Profit and loss account
(2,764)
(2,780)
Shareholders' funds
(2,664)
(2,680)
For the year ending 31 January 2017 the company was entitled to exemption from audit 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 director acknowledges her 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities.
Approved by the Board on 4 April 2017.
ELIZABETH OYEBOLA OYENUGA
Director
Company Registration No. 09393966
ELBOL LIMITED
Statement of Changes in Equity
as at
31 January 2017
Share
capital
Profit
& loss
account
Total
Loss for the year
(2,780)
(2,780)
At 31 January 2016
100
(2,780)
(2,680)
At 1 February 2016
100
(2,780)
(2,680)
Profit for the year
8,916
8,916
Dividends
(8,900)
(8,900)
At 31 January 2017
100
(2,764)
(2,664)
ELBOL LIMITED
Notes to the Accounts
for the year ended 31 January 2017
ELBOL LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09393966. The registered office and principal place of business is 141C VICTORIA WAY, LONDON, SE7 7NX, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 31 January 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 February 2016.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
4
Creditors: amounts falling due within one year
2017
2016
Other creditors
781
1,330
5
Creditors: amounts falling due after more than one year
2017
2016
6
Share capital
2017
2016
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
7
Average number of employees
During the year the average number of employees was 0 (2016: 0).