Company No:
Contents
DIRECTOR | E C Pitt |
REGISTERED OFFICE | 24a Marsh Street |
Rothwell | |
Leeds | |
LS26 0BB | |
United Kingdom | |
COMPANY NUMBER | 06968413(England and Wales) |
CHARTERED ACCOUNTANTS | Bishop Fleming LLP |
1-3 College Yard | |
Worcester | |
WR1 2LB |
We are subject to the ethical and other professional requirements of the Institute of Chartered Accountants in England and Wales (ICAEW) which are detailed at _http://www.icaew.com/en/members/regulations-standards-and-guidance/_.
It is your duty to ensure that Ellis Pitt Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Ellis Pitt Limited. You consider that Ellis Pitt Limited is exempt from the statutory audit requirement for the financial year.
We have not been instructed to carry out an audit or a review of the financial statements of Ellis Pitt Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Chartered Accountants
Worcester
WR1 2LB
2019 | 2018 | |||
Note | £ | £ | ||
Fixed assets | ||||
Tangible assets | 3 |
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18,101 | 21,295 | |||
Current assets | ||||
Debtors | 4 |
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Cash at bank and in hand | 5 |
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54,349 | 43,945 | |||
Creditors | ||||
Amounts falling due within one year | 6 | (
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Net current assets/(liabilities) | 14,308 | (344) | ||
Total assets less current liabilities | 32,409 | 20,951 | ||
Net assets | 32,409 | 20,951 | ||
Capital and reserves | ||||
Called-up share capital | 7 |
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Profit and loss account |
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Total shareholder's funds | 32,409 | 20,951 |
Director's responsibilities:
The financial statements of Ellis Pitt Limited (registered number:
E C Pitt
Director |
The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year.
Ellis Pitt Limited (06968413) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 24a Marsh Street, Rothwell, Leeds, LS26 0BB, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council.
The functional currency of Ellis Pitt Limited is considered to be pounds sterling because that is the currency of the primary economic environment in which the Company operates.
The director has assessed the Statement of Financial Position and likely future cash flows at the date of approving these financial statements. The director has a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.
Plant & Machinery - 15%
Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.
2019 | 2018 | |
Number | Number | |
Monthly average number of persons employed by the Company during the year, including director |
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Plant and machinery | Total | |
£ | £ | |
Cost/Valuation | ||
At 01 November 2018 |
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At 31 October 2019 |
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Accumulated depreciation | ||
At 01 November 2018 |
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Charge for the financial year |
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At 31 October 2019 |
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Net book value | ||
At 31 October 2019 |
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At 31 October 2018 |
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2019 | 2018 | |
£ | £ | |
Trade debtors |
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Other debtors |
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2019 | 2018 | |
£ | £ | |
Cash at bank and in hand |
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16,675 | 18,371 |
2019 | 2018 | |
£ | £ | |
Trade creditors |
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Amounts owed to directors |
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Accruals |
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Other taxation and social security |
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2019 | 2018 | |
£ | £ | |
Allotted, called-up and fully-paid | ||
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1 | 1 |