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Company Registration No. 05291444 (England and Wales)
Elbury Properties Limited Unaudited accounts for the year ended 31 March 2023
Elbury Properties Limited Unaudited accounts Contents
Page
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Elbury Properties Limited Company Information for the year ended 31 March 2023
Directors
Catherine Sarah Tree Terence John Tree
Secretary
Catherine Sarah Tree
Company Number
05291444 (England and Wales)
Registered Office
HIGHER BEERS BRITHEM BOTTOM CULLOMPTON DEVON EX15 1NB
Accountants
H W Martin & Co LLP Lloyds Bank Chambers High Street Crediton Devon EX17 3AH
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Elbury Properties Limited Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
100 
100 
Investment property
1,769,818 
1,894,818 
1,769,918 
1,894,918 
Current assets
Debtors
- 
1 
Cash at bank and in hand
13,199 
6,916 
13,199 
6,917 
Creditors: amounts falling due within one year
(185,180)
(211,538)
Net current liabilities
(171,981)
(204,621)
Total assets less current liabilities
1,597,937 
1,690,297 
Creditors: amounts falling due after more than one year
(402,819)
(575,203)
Net assets
1,195,118 
1,115,094 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
1,195,018 
1,114,994 
Shareholders' funds
1,195,118 
1,115,094 
For the year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 18 December 2023 and were signed on its behalf by
Terence John Tree Director Company Registration No. 05291444
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Elbury Properties Limited Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
Elbury Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 05291444. The registered office is HIGHER BEERS, BRITHEM BOTTOM, CULLOMPTON, DEVON, EX15 1NB.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Intangible fixed assets
Goodwill represents the excess of the cost of acquisition on unincorporated businesses over the fair value of the net assets acquired.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
no depreciation
Plant & machinery
no depreciation
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 April 2022
60,000 
At 31 March 2023
60,000 
Amortisation
At 1 April 2022
60,000 
At 31 March 2023
60,000 
Net book value
At 31 March 2023
- 
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Elbury Properties Limited Notes to the Accounts for the year ended 31 March 2023
5
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 April 2022
5,750 
At 31 March 2023
5,750 
Depreciation
At 1 April 2022
5,650 
At 31 March 2023
5,650 
Net book value
At 31 March 2023
100 
At 31 March 2022
100 
6
Investment property
2023 
£ 
Fair value at 1 April 2022
1,894,818 
Disposals
(125,000)
At 31 March 2023
1,769,818 
7
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
- 
1 
8
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
21,248 
21,390 
Taxes and social security
12,400 
12,964 
Other creditors
349 
- 
Loans from directors
144,733 
170,734 
Accruals
6,450 
6,450 
185,180 
211,538 
9
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
402,819 
575,203 
10
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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