Company registration number 02941083 (England and Wales)
ELSWORTHY GARDENS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023
PAGES FOR FILING WITH REGISTRAR
ELSWORTHY GARDENS LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
ELSWORTHY GARDENS LIMITED
BALANCE SHEET
AS AT
31 JANUARY 2023
31 January 2023
- 1 -
2023
2022
Notes
£
£
£
£
Fixed assets
Tangible assets
3
231,949
231,949
Current assets
Debtors
4
1,100
80
Cash at bank and in hand
43,350
31,927
44,450
32,007
Creditors: amounts falling due within one year
5
(3,580)
(1,000)
Net current assets
40,870
31,007
Net assets
272,819
262,956
Capital and reserves
Called up share capital
6
850
850
Share premium account
298,578
298,578
Profit and loss reserves
(26,609)
(36,472)
Total equity
272,819
262,956

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 January 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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 members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

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

The financial statements were approved by the board of directors and authorised for issue on 25 September 2023 and are signed on its behalf by:
B Fion
Director
Company Registration No. 02941083
ELSWORTHY GARDENS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2023
- 2 -
1
Accounting policies
Company information

Elsworthy Gardens Limited is a private company limited by shares incorporated in England and Wales. The registered office is Flat 1, 54 Elsworthy Road, London, NW3 3BN.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover
Turnover represents amounts receivable for garden maintenance and hire.
1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Tangible fixed assets include the freehold of garden. The freehold is not depreciated.
1.4
Taxation

The company is exempt from corporation tax.

2
Employees

The average monthly number of persons employed including directors by the company during the year was:

2023
2022
Number
Number
Total
5
5
ELSWORTHY GARDENS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2023
- 3 -
3
Tangible fixed assets
Land and buildings
£
Cost
At 1 February 2022 and 31 January 2023
231,949
Depreciation and impairment
At 1 February 2022 and 31 January 2023
-
0
Carrying amount
At 31 January 2023
231,949
At 31 January 2022
231,949
4
Debtors
2023
2022
Amounts falling due within one year:
£
£
Trade debtors
1,100
80
5
Creditors: amounts falling due within one year
2023
2022
£
£
Trade creditors
1,000
1,000
Other creditors
2,580
-
0
3,580
1,000

 

6
Called up share capital
2023
2022
£
£
Ordinary share capital
Issued and fully paid
850 Ordinary shares of £1 each
850
850
7
Related party transactions

During the period a management fee of £1,800 (2022 - £1,530) was charged by B Fion, a director of the company.

2023-01-312022-02-01falseCCH SoftwareCCH Accounts Production 2023.200No description of principal activityB FionL B BrownG E UnterhalterL HarrisJ Nedas029410832022-02-012023-01-31029410832023-01-31029410832022-01-3102941083core:LandBuildings2023-01-3102941083core:LandBuildings2022-01-3102941083core:CurrentFinancialInstrumentscore:WithinOneYear2023-01-3102941083core:CurrentFinancialInstrumentscore:WithinOneYear2022-01-3102941083core:CurrentFinancialInstruments2023-01-3102941083core:CurrentFinancialInstruments2022-01-3102941083core:ShareCapital2023-01-3102941083core:ShareCapital2022-01-3102941083core:SharePremium2023-01-3102941083core:SharePremium2022-01-3102941083core:RetainedEarningsAccumulatedLosses2023-01-3102941083core:RetainedEarningsAccumulatedLosses2022-01-3102941083bus:Director12022-02-012023-01-31029410832021-02-012022-01-3102941083core:LandBuildings2022-01-3102941083bus:PrivateLimitedCompanyLtd2022-02-012023-01-3102941083bus:SmallCompaniesRegimeForAccounts2022-02-012023-01-3102941083bus:FRS1022022-02-012023-01-3102941083bus:AuditExempt-NoAccountantsReport2022-02-012023-01-3102941083bus:Director22022-02-012023-01-3102941083bus:Director32022-02-012023-01-3102941083bus:Director42022-02-012023-01-3102941083bus:Director52022-02-012023-01-3102941083bus:FullAccounts2022-02-012023-01-31xbrli:purexbrli:sharesiso4217:GBP