Caseware UK (AP4) 2021.0.152 2021.0.152 2022-03-312022-03-312021-04-01trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false22true 05272311 2021-04-01 2022-03-31 05272311 2020-04-01 2021-03-31 05272311 2022-03-31 05272311 2021-03-31 05272311 c:Director1 2021-04-01 2022-03-31 05272311 d:Buildings 2021-04-01 2022-03-31 05272311 d:Buildings 2022-03-31 05272311 d:Buildings 2021-03-31 05272311 d:CurrentFinancialInstruments 2022-03-31 05272311 d:CurrentFinancialInstruments 2021-03-31 05272311 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 05272311 d:CurrentFinancialInstruments d:WithinOneYear 2021-03-31 05272311 d:ShareCapital 2022-03-31 05272311 d:ShareCapital 2021-03-31 05272311 d:RetainedEarningsAccumulatedLosses 2022-03-31 05272311 d:RetainedEarningsAccumulatedLosses 2021-03-31 05272311 c:FRS102 2021-04-01 2022-03-31 05272311 c:AuditExempt-NoAccountantsReport 2021-04-01 2022-03-31 05272311 c:FullAccounts 2021-04-01 2022-03-31 05272311 c:PrivateLimitedCompanyLtd 2021-04-01 2022-03-31 05272311 6 2021-04-01 2022-03-31 iso4217:GBP xbrli:pure
Registered number: 05272311


 
 
 
 
 
ELLI INVESTMENTS LIMITED
UNAUDITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022

 
ELLI INVESTMENTS LIMITED
 

CONTENTS



Page
Balance sheet
 
1
Notes to the financial statements
 
2 - 5


 
ELLI INVESTMENTS LIMITED
REGISTERED NUMBER:05272311

BALANCE SHEET
AS AT 31 MARCH 2022

2022
2021
Note
£
£

Fixed assets
  

Tangible assets
 4 
175,575
171,632

Investments
 5 
54,090
54,090

  
229,665
225,722

Current assets
  

Cash at bank and in hand
  
62,809
58,996

Creditors: amounts falling due within one year
 6 
(214,780)
(163,230)

Net current liabilities
  
 
 
(151,971)
 
 
(104,234)

Total assets less current liabilities
  
77,694
121,488

  

Net assets
  
77,694
121,488


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
77,693
121,487

  
77,694
121,488


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements 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.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 30 August 2022.


K.T. Reel
Director

The notes on pages 2 to 5 form part of these financial statements.

Page 1

 
ELLI INVESTMENTS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022

1.


General information

Elli Investments Limited (the Company) is a private company limited by shares, incorporated and domiciled in England. The address of its registered office is Units 1-2 Malmesbury Road, Kingsditch Trading Estate, Cheltenham, Gloucestershire GL51 9PL, which is also the address of its principal place of business. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Financial support

The company is dependent on the financial support of a subsidiary undertaking. Having made appropriate enquiries, the directors have a reasonable expectation that the subsidiary undertaking will continue to provide the financial support to enable the company to continue in operational existence for the foreseeable future. Accordingly, these financial statements have been prepared on the going concern basis.

 
2.3

Exemption from preparing consolidated financial statements

The Company, and the group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and group are considered eligible for the exemption to prepare consolidated accounts.

 
2.4

Turnover

Turnover comprises revenue recognised by the company in respect of rents on a receivable basis.

 
2.5

Investment property

Investment property is carried at fair value determined annually by the directors and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in the profit and loss account.

 
2.6

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Page 2

 
ELLI INVESTMENTS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022

2.Accounting policies (continued)

 
2.7

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.9

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders.

 
2.10

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2021 - 2).

Page 3

 
ELLI INVESTMENTS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022

4.


Tangible fixed assets





Freehold investment property

£



Cost and valuation


At 1 April 2021
171,632


Additions
3,943



At 31 March 2022

175,575






Net book value



At 31 March 2022
175,575



At 31 March 2021
171,632

The directors consider that the market value of the investment property is not materially different from cost.


5.


Fixed asset investments





Investments in subsidiary companies

£



Cost


At 1 April 2021
54,090



At 31 March 2022
54,090




Subsidiary Undertaking
The following was a subsidiary undertaking of the company:
Name                              Country of Incorporation Class of Shares Holding Principal activity
C.A. Honemaster Limited  England                            Ordinary              100%         Honing

Page 4

 
ELLI INVESTMENTS LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022

6.


Creditors: Amounts falling due within one year

2022
2021
£
£

Trade creditors
-
566

Amounts owed to group undertakings
213,324
161,884

Corporation tax
1,456
780

214,780
163,230


Page 5