NEEDHAMS OF ELMLEY LIMITED

Company Registration Number:
00475512 (England and Wales)

Unaudited abridged accounts for the year ended 31 October 2023

Period of accounts

Start date: 01 November 2022

End date: 31 October 2023

NEEDHAMS OF ELMLEY LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2023

Balance sheet
Notes

NEEDHAMS OF ELMLEY LIMITED

Balance sheet

As at 31 October 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 1,296,596 1,328,601
Investments: 4 1 1
Total fixed assets: 1,296,597 1,328,602
Current assets
Debtors:   129,538 124,027
Cash at bank and in hand: 659,705 546,110
Total current assets: 789,243 670,137
Creditors: amounts falling due within one year:   (94,960) (81,342)
Net current assets (liabilities): 694,283 588,795
Total assets less current liabilities: 1,990,880 1,917,397
Provision for liabilities: (9,963) (9,963)
Total net assets (liabilities): 1,980,917 1,907,434
Capital and reserves
Called up share capital: 1,002 1,002
Revaluation reserve:5221,301221,301
Profit and loss account: 1,758,614 1,685,131
Shareholders funds: 1,980,917 1,907,434

The notes form part of these financial statements

NEEDHAMS OF ELMLEY LIMITED

Balance sheet statements

For the year ending 31 October 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 31 July 2024
and signed on behalf of the board by:

Name: Beverley Needham
Status: Director

The notes form part of these financial statements

NEEDHAMS OF ELMLEY LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

NEEDHAMS OF ELMLEY LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

2. Employees

2023 2022
Average number of employees during the period 5 5

NEEDHAMS OF ELMLEY LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

3. Tangible Assets

Total
Cost £
At 01 November 2022 2,904,647
Additions 18,339
Disposals (2,800)
At 31 October 2023 2,920,186
Depreciation
At 01 November 2022 1,576,046
Charge for year 50,344
On disposals (2,800)
At 31 October 2023 1,623,590
Net book value
At 31 October 2023 1,296,596
At 31 October 2022 1,328,601

Tangible fixed assets other than freehold land are stated at cost or valuation less depreciation.Depreciation is provided at rates calculated to write off the cost or valuation less estimated residual value of each asset over its expected useful life as follows:Plant and Machinery 25% reducing balance Leasehold property- straight line over length of lease Depreciation is not provided on freehold land or buildings as their high residual value would make any depreciation immaterial.

NEEDHAMS OF ELMLEY LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

4. Fixed investments

Fixed investments are shown at cost less provision for diminution in value

NEEDHAMS OF ELMLEY LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

5. Revaluation reserve

2023
£
Balance at 01 November 2022 221,301
Surplus or deficit after revaluation 0
Balance at 31 October 2023 221,301