IRIS Accounts Production v23.3.0.418 02329664 Board of Directors 1.6.22 31.5.23 31.5.23 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh023296642022-05-31023296642023-05-31023296642022-06-012023-05-31023296642021-05-31023296642021-06-012022-05-31023296642022-05-3102329664ns10:Originalns15:EnglandWales2022-06-012023-05-3102329664ns14:PoundSterlingns10:Original2022-06-012023-05-3102329664ns10:Originalns10:Director12022-06-012023-05-3102329664ns10:Original2022-06-012023-05-3102329664ns10:Original2023-05-3102329664ns10:Originalns10:PrivateLimitedCompanyLtd2022-06-012023-05-3102329664ns10:Originalns10:SmallEntities2022-06-012023-05-3102329664ns10:Originalns10:AuditExempt-NoAccountantsReport2022-06-012023-05-3102329664ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-06-012023-05-3102329664ns10:SmallCompaniesRegimeForAccountsns10:Original2022-06-012023-05-3102329664ns10:Originalns10:FullAccounts2022-06-012023-05-3102329664ns10:Original2021-06-012022-05-3102329664ns10:Originalns10:Director22022-06-012023-05-3102329664ns10:Originalns10:RegisteredOffice2022-06-012023-05-3102329664ns10:Original2022-05-3102329664ns10:Originalns5:CurrentFinancialInstruments2023-05-3102329664ns10:Originalns5:CurrentFinancialInstruments2022-05-3102329664ns10:Originalns5:Non-currentFinancialInstruments2023-05-3102329664ns10:Originalns5:Non-currentFinancialInstruments2022-05-3102329664ns5:ShareCapitalns10:Original2023-05-3102329664ns5:ShareCapitalns10:Original2022-05-3102329664ns10:Originalns5:RevaluationReserve2023-05-3102329664ns10:Originalns5:RevaluationReserve2022-05-3102329664ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-05-3102329664ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-05-3102329664ns5:LongLeaseholdAssetsns10:Originalns5:LandBuildings2022-06-012023-05-3102329664ns10:Originalns5:LandBuildings2022-05-3102329664ns10:Originalns5:LandBuildings2023-05-3102329664ns10:Originalns5:LandBuildings2022-05-3102329664ns10:Originalns5:CostValuation2022-05-3102329664ns10:Originalns5:DisposalsRepaymentsInvestments2023-05-3102329664ns10:Originalns5:RevaluationsIncreaseDecreaseInInvestments2023-05-3102329664ns10:Originalns5:CostValuation2023-05-3102329664ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-05-3102329664ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-05-3102329664ns10:Originalns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2023-05-3102329664ns10:Originalns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2022-05-3102329664ns5:Securedns10:Original2023-05-3102329664ns5:Securedns10:Original2022-05-31
REGISTERED NUMBER: 02329664 (England and Wales)





UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MAY 2023

FOR

ELLDEE PROPERTY SERVICES LIMITED

ELLDEE PROPERTY SERVICES LIMITED (REGISTERED NUMBER: 02329664)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MAY 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ELLDEE PROPERTY SERVICES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MAY 2023







DIRECTORS: Mrs L D Turner
R Turner





REGISTERED OFFICE: 25 St Thomas Street
Winchester
Hampshire
SO23 9HJ





REGISTERED NUMBER: 02329664 (England and Wales)





ACCOUNTANTS: Martin and Company
25 St Thomas Street
Winchester
Hampshire
SO23 9HJ

ELLDEE PROPERTY SERVICES LIMITED (REGISTERED NUMBER: 02329664)

BALANCE SHEET
31ST MAY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,490,000 2,490,000
Investments 5 549,265 615,923
3,039,265 3,105,923

CURRENT ASSETS
Debtors 6 515,317 500,000
Cash at bank 10,446 24,100
525,763 524,100
CREDITORS
Amounts falling due within one year 7 339,341 301,827
NET CURRENT ASSETS 186,422 222,273
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,225,687

3,328,196

CREDITORS
Amounts falling due after more than one
year

8

(1,996,264

)

(2,003,129

)

PROVISIONS FOR LIABILITIES (174,912 ) (174,912 )
NET ASSETS 1,054,511 1,150,155

CAPITAL AND RESERVES
Called up share capital 9,000 9,000
Unrealised reserves 745,678 745,678
Retained earnings 299,833 395,477
SHAREHOLDERS' FUNDS 1,054,511 1,150,155

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

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

The directors acknowledge their 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.

ELLDEE PROPERTY SERVICES LIMITED (REGISTERED NUMBER: 02329664)

BALANCE SHEET - continued
31ST MAY 2023


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

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

The financial statements were approved by the Board of Directors and authorised for issue on 19th November 2023 and were signed on its behalf by:





R Turner - Director


ELLDEE PROPERTY SERVICES LIMITED (REGISTERED NUMBER: 02329664)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MAY 2023


1. STATUTORY INFORMATION

Elldee Property Services 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.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Long leasehold - not provided

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.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

3. EMPLOYEES AND DIRECTORS

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

ELLDEE PROPERTY SERVICES LIMITED (REGISTERED NUMBER: 02329664)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MAY 2023


4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST OR VALUATION
At 1st June 2022
and 31st May 2023 2,490,000
NET BOOK VALUE
At 31st May 2023 2,490,000
At 31st May 2022 2,490,000

Cost or valuation at 31st May 2023 is represented by:

Land and
buildings
£   
Valuation in 2016 837,552
Valuation in 2021 423,038
Valuation in 2022 (340,000 )
Cost 1,569,410
2,490,000

Leasehold land and buildings were valued on an open market basis on 31st May 2023 by the directors .

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1st June 2022 615,923
Disposals (20,095 )
Revaluations (46,563 )
At 31st May 2023 549,265
NET BOOK VALUE
At 31st May 2023 549,265
At 31st May 2022 615,923

ELLDEE PROPERTY SERVICES LIMITED (REGISTERED NUMBER: 02329664)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MAY 2023


5. FIXED ASSET INVESTMENTS - continued

Cost or valuation at 31st May 2023 is represented by:

Other
investments
£   
Valuation in 2019 (21,830 )
Valuation in 2020 (36,072 )
Valuation in 2021 86,252
Valuation in 2022 (31,495 )
Valuation in 2023 (53,617 )
Cost 606,027
549,265

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 515,317 500,000

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 168,816 137,504
Other creditors 170,525 164,323
339,341 301,827

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 1,996,264 2,003,129

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 1,979,206 1,979,206

ELLDEE PROPERTY SERVICES LIMITED (REGISTERED NUMBER: 02329664)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MAY 2023


9. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Bank overdrafts 161,938 130,626
Bank loans 2,003,142 2,010,007
2,165,080 2,140,633