Company Registration No. 13736272 (England and Wales)
ELBOW PROPERTIES LIMITED
Unaudited accounts
for the year ended 30 November 2023
ELBOW PROPERTIES LIMITED
Unaudited accounts
Contents
ELBOW PROPERTIES LIMITED
Company Information
for the year ended 30 November 2023
Directors
Andrew Carter
Claire Tait
Company Number
13736272 (England and Wales)
Registered Office
4 KING STREET
FRESH BUSINESS SOLUTIONS LTD
SPENNYMOOR
DL16 6QG
ENGLAND
Accountants
Fresh Business Solutions Limited
4 King Street
Spennymoor
Durham
DL16 6QG
ELBOW PROPERTIES LIMITED
Statement of financial position
as at 30 November 2023
Tangible assets
343,653
343,000
Cash at bank and in hand
5,530
3,140
Creditors: amounts falling due within one year
(103,761)
(104,713)
Net current liabilities
(98,231)
(101,573)
Total assets less current liabilities
245,422
241,427
Creditors: amounts falling due after more than one year
(262,250)
(262,250)
Net liabilities
(16,828)
(20,823)
Profit and loss account
(16,828)
(20,823)
Shareholders' funds
(16,828)
(20,823)
For the year ending 30 November 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 12 March 2024 and were signed on its behalf by
Andrew Carter
Director
Company Registration No. 13736272
ELBOW PROPERTIES LIMITED
Notes to the Accounts
for the year ended 30 November 2023
ELBOW PROPERTIES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13736272. The registered office is 4 KING STREET, FRESH BUSINESS SOLUTIONS LTD, SPENNYMOOR, DL16 6QG, ENGLAND.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
4
Tangible fixed assets
Land & buildings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 December 2022
350,000
-
350,000
At 30 November 2023
350,000
726
350,726
At 1 December 2022
7,000
-
7,000
Charge for the year
-
73
73
At 30 November 2023
7,000
73
7,073
At 30 November 2023
343,000
653
343,653
At 30 November 2022
343,000
-
343,000
5
Creditors: amounts falling due within one year
2023
2022
Loans from directors
103,341
104,293
ELBOW PROPERTIES LIMITED
Notes to the Accounts
for the year ended 30 November 2023
6
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
262,250
262,250
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).