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Unaudited Financial Statements |
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for the Period 11 February 2019 to 31 March 2020 |
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for |
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EJ ELLIOTT EDITORIAL LIMITED |
REGISTERED NUMBER:
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Unaudited Financial Statements |
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for the Period 11 February 2019 to 31 March 2020 |
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for |
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EJ ELLIOTT EDITORIAL LIMITED |
EJ ELLIOTT EDITORIAL LIMITED (REGISTERED NUMBER: 11820200) |
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Contents of the Financial Statements |
for the period 11 February 2019 to 31 March 2020 |
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Page |
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Company Information | 1 |
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Chartered Accountants' Report | 2 |
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Balance Sheet | 3 |
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Notes to the Financial Statements | 4 |
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EJ ELLIOTT EDITORIAL LIMITED |
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Company Information |
for the period 11 February 2019 to 31 March 2020 |
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DIRECTOR: |
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REGISTERED OFFICE: |
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REGISTERED NUMBER: |
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ACCOUNTANTS: |
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Chartered Accountants |
11 Laura Place |
Bath |
BA2 4BL |
Chartered Accountants' Report to the Director |
on the Unaudited Financial Statements of |
EJ Elliott Editorial Limited |
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The following reproduces the text of the report prepared for the director in respect of the company's |
annual unaudited financial statements. In accordance with the Companies Act 2006, the company is |
only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain |
other primary statements and the Report of the Director are not required to be filed with the Registrar |
of Companies. |
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In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval |
the financial statements of EJ Elliott Editorial Limited for the period ended 31 March 2020 which comprise the |
Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the |
company's accounting records and from information and explanations you have given us. |
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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 within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance. |
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This report is made solely to the director of EJ Elliott Editorial Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of EJ Elliott Editorial Limited and state those matters that we have agreed to state to the director of EJ Elliott Editorial Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than EJ Elliott Editorial Limited and its director for our work or for this report. |
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It is your duty to ensure that EJ Elliott Editorial 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 EJ Elliott Editorial Limited. You consider that EJ Elliott Editorial Limited is exempt from the statutory audit requirement for the period. |
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We have not been instructed to carry out an audit or a review of the financial statements of EJ Elliott Editorial 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. |
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Chartered Accountants |
11 Laura Place |
Bath |
BA2 4BL |
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EJ ELLIOTT EDITORIAL LIMITED (REGISTERED NUMBER: 11820200) |
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Balance Sheet |
31 March 2020 |
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Notes | £ | £ |
FIXED ASSETS |
Tangible assets | 3 |
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CURRENT ASSETS |
Debtors | 4 |
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Cash at bank |
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CREDITORS |
Amounts falling due within one year | 5 |
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NET CURRENT ASSETS |
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TOTAL ASSETS LESS CURRENT
LIABILITIES |
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CAPITAL AND RESERVES |
Called up share capital | 6 |
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Retained earnings |
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SHAREHOLDERS' FUNDS |
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The director acknowledges her responsibilities for: |
(a) |
ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the
Companies Act 2006 and |
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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. |
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In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
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The financial statements were approved by the director and authorised for issue on
signed by: |
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EJ ELLIOTT EDITORIAL LIMITED (REGISTERED NUMBER: 11820200) |
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Notes to the Financial Statements |
for the period 11 February 2019 to 31 March 2020 |
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1. | STATUTORY INFORMATION |
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EJ Elliott Editorial Limited is a
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The company's registered number and registered office address can be found on the Company |
Information page. |
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2. | ACCOUNTING POLICIES |
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Basis of preparing the financial statements |
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Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding |
discounts, rebates, value added tax and other sales taxes. |
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Turnover is recognised when services are rendered. |
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Tangible fixed assets |
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Plant & machinery | - |
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Financial instruments |
The company only enters into basic financial instruments transactions that result in the recognition of |
financial assets and liabilities like trade and other debtors, loans from banks and other third parties. |
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Financial assets that are measured at cost and amortised cost are assessed at the end of each |
reporting period for objective evidence of impairment. If objective evidence of impairment is found, an |
impairment loss is recognised in the profit or loss. |
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For financial assets measured at amortised cost, the impairment loss is measured as the difference |
between an asset's carrying amount and the present value of estimated cash flows discounted at the |
asset's original effective interest rate determined under the contract. |
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For financial assets measured at cost less impairment, the impairment loss is measured as the |
difference between an asset's carrying amount and the best estimate, which is an approximation, of |
the amount the company would receive for the asset if it were to be sold at the reporting date. |
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Financial assets and liabilities are offset and the net amount reported in the balance sheet when there |
is an enforceable right to set off the recognised amounts and there is an intention to settle on a net |
basis or to realise the asset and settle the liability simultaneously. |
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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. |
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Current or deferred taxation assets and liabilities are not discounted. |
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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. |
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EJ ELLIOTT EDITORIAL LIMITED (REGISTERED NUMBER: 11820200) |
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Notes to the Financial Statements - continued |
for the period 11 February 2019 to 31 March 2020 |
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2. | ACCOUNTING POLICIES - continued |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at |
the balance sheet date. |
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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. |
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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. |
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Foreign currencies |
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at |
the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of |
exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at |
the operating result. |
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Leasing commitments |
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the |
period of the lease. |
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Change of reporting date |
The reporting date has changed from 28 February to 31 March for commercial reasons. |
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3. | TANGIBLE FIXED ASSETS |
Plant & |
machinery |
£ |
COST |
Additions |
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At 31 March 2020 |
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DEPRECIATION |
Charge for period |
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At 31 March 2020 |
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NET BOOK VALUE |
At 31 March 2020 |
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4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Other debtors |
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5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Taxation and social security |
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Other creditors |
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EJ ELLIOTT EDITORIAL LIMITED (REGISTERED NUMBER: 11820200) |
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Notes to the Financial Statements - continued |
for the period 11 February 2019 to 31 March 2020 |
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6. | CALLED UP SHARE CAPITAL |
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Allotted, issued and fully paid: |
Number: | Class: | Nominal |
value: | £ |
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A Ordinary | £1 | 1 |
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B Ordinary | £1 | 1 |
2 |
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Each share is entitled to one vote in any circumstances. Each share is entitled pari passu to dividend |
payments or any other distribution.Each share is entitled pari passu to participate in a distribution |
arising from a winding up of the company and shares are non-redeemable. |
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7. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
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At the year end the director owed the company £14,820. During the year £30,172 was advanced and |
£15,352 was repaid. |
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8. | CRITICAL ACCOUNTING ESTIMATES AND UNCERTAINTIES |
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No significant judgements or key assumptions have had to be made by the directors in preparing |
these financial statements. |