Company Registration No. 10638255 (England and Wales)
Elite Catering and Laundry Services Ltd
Unaudited accounts
for the year ended 28 February 2021
Elite Catering and Laundry Services Ltd
Unaudited accounts
Contents
Elite Catering and Laundry Services Ltd
Company Information
for the year ended 28 February 2021
Company Number
10638255 (England and Wales)
Registered Office
432 GLOUCESTER ROAD
HORFIELD
BS7 8TX
UNITED KINGDOM
Accountants
Evans Entwistle
432 Gloucester Rd
Bristol
BS7 8TX
Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
Elite Catering and Laundry Services Ltd
for the year ended 28 February 2021
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Elite Catering and Laundry Services Ltd for the year ended 28 February 2021 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Chartered Institute of Management Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.cimaglobal.com.
Our work has been undertaken in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com.
Evans Entwistle
Chartered Management Accountants
432 Gloucester Rd
Bristol
BS7 8TX
22 April 2021
Elite Catering and Laundry Services Ltd
Statement of financial position
as at
28 February 2021
Tangible assets
3,767
7,274
Cash at bank and in hand
20,897
-
Creditors: amounts falling due within one year
(13,083)
(15,669)
Net current assets
28,971
10,255
Total assets less current liabilities
32,738
17,529
Creditors: amounts falling due after more than one year
(32,091)
(16,552)
Called up share capital
2
2
Profit and loss account
645
975
Shareholders' funds
647
977
For the year ending 28 February 2021 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 his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 22 April 2021 and were signed on its behalf by
M D Pollard
Director
Company Registration No. 10638255
Elite Catering and Laundry Services Ltd
Notes to the Accounts
for the year ended 28 February 2021
Elite Catering and Laundry Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 10638255. The registered office is 432 GLOUCESTER ROAD, HORFIELD, BS7 8TX, 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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% on cost
Computer equipment
25% on cost
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 March 2020
12,965
1,066
14,031
At 28 February 2021
12,965
1,066
14,031
At 1 March 2020
6,482
275
6,757
Charge for the year
3,241
266
3,507
At 28 February 2021
9,723
541
10,264
At 28 February 2021
3,242
525
3,767
At 29 February 2020
6,483
791
7,274
5
Debtors: amounts falling due within one year
2021
2020
Trade debtors
12,741
24,285
Other debtors
8,416
1,639
Elite Catering and Laundry Services Ltd
Notes to the Accounts
for the year ended 28 February 2021
6
Creditors: amounts falling due within one year
2021
2020
Bank loans and overdrafts
1,203
5,569
Obligations under finance leases and hire purchase contracts
3,258
3,246
Taxes and social security
8,460
6,854
7
Creditors: amounts falling due after more than one year
2021
2020
Obligations under finance leases and hire purchase contracts
272
3,530
8
Share capital
2021
2020
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
9
Average number of employees
During the year the average number of employees was 1 (2020: 1).