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Company Registration No. 8923972 (England and Wales)
Elefsee Limited Unaudited accounts for the year ended 31 March 2024
Elefsee Limited Unaudited accounts Contents
Page
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Elefsee Limited Company Information for the year ended 31 March 2024
Director
Mr Simon Baldwin
Company Number
8923972 (England and Wales)
Registered Office
61 Bridge Street Kington HR5 3DH United Kingdom
Accountants
RJB Accountancy Services 78 Mold Road Mynydd Isa Flintshire CH7 1TF
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Elefsee Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
267,308 
242,555 
Current assets
Debtors
- 
8,000 
Cash at bank and in hand
30,354 
114,591 
30,354 
122,591 
Creditors: amounts falling due within one year
(31,748)
(104,691)
Net current (liabilities)/assets
(1,394)
17,900 
Net assets
265,914 
260,455 
Capital and reserves
Called up share capital
100 
100 
Revaluation reserve
187,493 
187,493 
Profit and loss account
78,321 
72,862 
Shareholders' funds
265,914 
260,455 
For the year ending 31 March 2024 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 director acknowledges his 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 and authorised for issue on 1 April 2024 and were signed on its behalf by
Mr Simon Baldwin Director Company Registration No. 8923972
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Elefsee Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Elefsee Limited is a private company, limited by shares, registered in England and Wales, registration number 8923972. The registered office is 61 Bridge Street, Kington, HR5 3DH, United Kingdom.
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.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
4
Investment property
2024 
£ 
Fair value at 1 April 2023
242,555 
Additions
24,753 
At 31 March 2024
267,308 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due after more than one year
Other debtors
- 
8,000 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
1,281 
915 
Other creditors
29,717 
103,026 
Accruals
750 
750 
31,748 
104,691 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
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Elefsee Limited Notes to the Accounts for the year ended 31 March 2024
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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