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REGISTERED NUMBER: 12000682 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2023

for

Elements Property Estates Ltd

Elements Property Estates Ltd (Registered number: 12000682)






Contents of the Financial Statements
for the Year Ended 31 January 2023




Page

Balance Sheet 1

Chartered Accountants' Report 3

Elements Property Estates Ltd (Registered number: 12000682)

Balance Sheet
31 January 2023

31.1.23 31.1.22
£    £   
FIXED ASSETS 114,086 114,086

CURRENT ASSETS 122,843 63,101

CREDITORS
Amounts falling due within one year (9,299 ) (9,177 )
NET CURRENT ASSETS 113,544 53,924
TOTAL ASSETS LESS CURRENT
LIABILITIES

227,630

168,010

CREDITORS
Amounts falling due after more than one
year

(238,846

)

(183,350

)
NET LIABILITIES (11,216 ) (15,340 )

CAPITAL AND RESERVES (11,216 ) (15,340 )

NOTES TO THE FINANCIAL STATEMENTS

1. STATUTORY INFORMATION

Elements Property Estates Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 12000682

Registered office: The DEC
Dryden Street, Nottingham
Nottingham
Nottinghamshire
NG1 4FQ

2. AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 1 (2022 - 1 ) .

3. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 January 2023 and 31 January 2022:

31.1.23 31.1.22
£    £   
A J Stretton and A J Stretton
Balance outstanding at start of year 8,749 20,000
Amounts advanced - 2,000
Amounts repaid - (13,251 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 8,749 8,749

4. BASIS OF PREPARING THE FINANCIAL STATEMENTS

The company meets its day to day working capital requirements through the support of the Director. On this basis, the director consider it appropriate to prepare the financial statements on the going concern basis.

Elements Property Estates Ltd (Registered number: 12000682)

Balance Sheet - continued
31 January 2023

NOTES TO THE FINANCIAL STATEMENTS

5. RELATED PARTY DISCLOSURES

During the year, Elements Property Estates Limited received a loan of £55,500 from Elements Property UK Limited resulting in the total owed of £154,989. The director Mr Stretton is a director and shareholder in both companies.



The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 29 September 2023 and were signed by:





A J Stretton - Director


Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Elements Property Estates Ltd

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 is not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Elements Property Estates Ltd for the year ended 31 January 2023 which comprise the Income Statement, 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 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.

This report is made solely to the director of Elements Property Estates Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Elements Property Estates Ltd and state those matters that we have agreed to state to the director of Elements Property Estates Ltd 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 Elements Property Estates Ltd and its director for our work or for this report.

It is your duty to ensure that Elements Property Estates Ltd 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 Elements Property Estates Ltd. You consider that Elements Property Estates Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Elements Property Estates Ltd. 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.






M Cubed Chartered Accountants
9 De Montfort Street
Leicester
Leicestershire
LE1 7GE


29 September 2023