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REGISTERED NUMBER: 06558301 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2017

for

5 Elements Global Limited

5 Elements Global Limited (Registered number: 06558301)

Contents of the Financial Statements
for the Year Ended 31 March 2017










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


5 Elements Global Limited

Company Information
for the Year Ended 31 March 2017







DIRECTOR: Miss B Murrell





REGISTERED OFFICE: Lewis House
Great Chesterford Court
Great Chesterford
Essex
CB10 1PF





REGISTERED NUMBER: 06558301 (England and Wales)

5 Elements Global Limited (Registered number: 06558301)

Balance Sheet
31 March 2017

2017 2016
Notes £    £   
FIXED ASSETS
Intangible assets 5 - -
Tangible assets 6 - 1,545
- 1,545

CURRENT ASSETS
Debtors 7 - 244
Cash at bank 899 1,461
899 1,705
CREDITORS
Amounts falling due within one year 8 (858 ) (2,915 )
NET CURRENT ASSETS/(LIABILITIES) 41 (1,210 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

41

335

PROVISIONS FOR LIABILITIES - (309 )
NET ASSETS 41 26

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 40 25
SHAREHOLDERS' FUNDS 41 26

5 Elements Global Limited (Registered number: 06558301)

Balance Sheet - continued
31 March 2017


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 in accordance with Section 476 of the Companies Act 2006.

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
(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.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 20 December 2017 and were signed by:





Miss B Murrell - Director


5 Elements Global Limited (Registered number: 06558301)

Notes to the Financial Statements
for the Year Ended 31 March 2017


1. STATUTORY INFORMATION

5 Elements Global Limited is a private company, limited by shares , registered in England and Wales. The
company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,
value added tax and other sales taxes.

Goodwill
Goodwill has been written off in equal annual instalments over its estimated economic life of 5 years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost
less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual
provisions of the instruments.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes, in
effect, a financing transaction, where it is recognised at the present value of the future payments discounted at a
market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

Other financial instruments are initially recognised at fair value, unless payment for an asset is deferred beyond
normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is
measured at the present value of the future payments discounted at a market rate of interest for a similar debt
instrument. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of
impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is
recognised in profit or loss immediately.

Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not
result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the
impairment not previously been recognised.


5 Elements Global Limited (Registered number: 06558301)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2017


3. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year 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 year 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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2016 - 1 ) .

5. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2016
and 31 March 2017 5,000
AMORTISATION
At 1 April 2016
and 31 March 2017 5,000
NET BOOK VALUE
At 31 March 2017 -
At 31 March 2016 -

5 Elements Global Limited (Registered number: 06558301)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2017


6. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2016 5,458
Disposals (5,458 )
At 31 March 2017 -
DEPRECIATION
At 1 April 2016 3,913
Eliminated on disposal (3,913 )
At 31 March 2017 -
NET BOOK VALUE
At 31 March 2017 -
At 31 March 2016 1,545

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Other debtors - 244

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2017 2016
£    £   
Taxation and social security 837 648
Other creditors 21 2,267
858 2,915