2022-12-012023-11-302023-11-30false07071808Elmstar Developments Limited2024-08-29iso4217:GBPxbrli:pure070718082022-12-01070718082023-11-30070718082022-12-012023-11-30070718082021-12-01070718082022-11-30070718082021-12-012022-11-3007071808bus:SmallEntities2022-12-012023-11-3007071808bus:AuditExempt-NoAccountantsReport2022-12-012023-11-3007071808bus:FullAccounts2022-12-012023-11-3007071808bus:PrivateLimitedCompanyLtd2022-12-012023-11-3007071808core:WithinOneYear2023-11-3007071808core:AfterOneYear2023-11-3007071808core:WithinOneYear2022-11-3007071808core:AfterOneYear2022-11-3007071808core:ShareCapital2023-11-3007071808core:SharePremium2023-11-3007071808core:RevaluationReserve2023-11-3007071808core:OtherReservesSubtotal2023-11-3007071808core:RetainedEarningsAccumulatedLosses2023-11-3007071808core:ShareCapital2022-11-3007071808core:SharePremium2022-11-3007071808core:RevaluationReserve2022-11-3007071808core:OtherReservesSubtotal2022-11-3007071808core:RetainedEarningsAccumulatedLosses2022-11-3007071808core:LandBuildings2023-11-3007071808core:PlantMachinery2023-11-3007071808core:Vehicles2023-11-3007071808core:FurnitureFittings2023-11-3007071808core:OfficeEquipment2023-11-3007071808core:NetGoodwill2023-11-3007071808core:IntangibleAssetsOtherThanGoodwill2023-11-3007071808core:ListedExchangeTraded2023-11-3007071808core:UnlistedNon-exchangeTraded2023-11-3007071808core:LandBuildings2022-11-3007071808core:PlantMachinery2022-11-3007071808core:Vehicles2022-11-3007071808core:FurnitureFittings2022-11-3007071808core:OfficeEquipment2022-11-3007071808core:NetGoodwill2022-11-3007071808core:IntangibleAssetsOtherThanGoodwill2022-11-3007071808core:ListedExchangeTraded2022-11-3007071808core:UnlistedNon-exchangeTraded2022-11-3007071808core:LandBuildings2022-12-012023-11-3007071808core:PlantMachinery2022-12-012023-11-3007071808core:Vehicles2022-12-012023-11-3007071808core:FurnitureFittings2022-12-012023-11-3007071808core:OfficeEquipment2022-12-012023-11-3007071808core:NetGoodwill2022-12-012023-11-3007071808core:IntangibleAssetsOtherThanGoodwill2022-12-012023-11-3007071808core:ListedExchangeTraded2022-12-012023-11-3007071808core:UnlistedNon-exchangeTraded2022-12-012023-11-3007071808core:MoreThanFiveYears2022-12-012023-11-3007071808core:Non-currentFinancialInstruments2023-11-3007071808core:Non-currentFinancialInstruments2022-11-3007071808dpl:CostSales2022-12-012023-11-3007071808dpl:DistributionCosts2022-12-012023-11-3007071808core:LandBuildings2022-12-012023-11-3007071808core:PlantMachinery2022-12-012023-11-3007071808core:Vehicles2022-12-012023-11-3007071808core:FurnitureFittings2022-12-012023-11-3007071808core:OfficeEquipment2022-12-012023-11-3007071808dpl:AdministrativeExpenses2022-12-012023-11-3007071808core:NetGoodwill2022-12-012023-11-3007071808core:IntangibleAssetsOtherThanGoodwill2022-12-012023-11-3007071808dpl:GroupUndertakings2022-12-012023-11-3007071808dpl:ParticipatingInterests2022-12-012023-11-3007071808dpl:GroupUndertakingscore:ListedExchangeTraded2022-12-012023-11-3007071808core:ListedExchangeTraded2022-12-012023-11-3007071808dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-12-012023-11-3007071808core:UnlistedNon-exchangeTraded2022-12-012023-11-3007071808dpl:CostSales2021-12-012022-11-3007071808dpl:DistributionCosts2021-12-012022-11-3007071808core:LandBuildings2021-12-012022-11-3007071808core:PlantMachinery2021-12-012022-11-3007071808core:Vehicles2021-12-012022-11-3007071808core:FurnitureFittings2021-12-012022-11-3007071808core:OfficeEquipment2021-12-012022-11-3007071808dpl:AdministrativeExpenses2021-12-012022-11-3007071808core:NetGoodwill2021-12-012022-11-3007071808core:IntangibleAssetsOtherThanGoodwill2021-12-012022-11-3007071808dpl:GroupUndertakings2021-12-012022-11-3007071808dpl:ParticipatingInterests2021-12-012022-11-3007071808dpl:GroupUndertakingscore:ListedExchangeTraded2021-12-012022-11-3007071808core:ListedExchangeTraded2021-12-012022-11-3007071808dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-12-012022-11-3007071808core:UnlistedNon-exchangeTraded2021-12-012022-11-3007071808core:NetGoodwill2023-11-3007071808core:IntangibleAssetsOtherThanGoodwill2023-11-3007071808core:LandBuildings2023-11-3007071808core:PlantMachinery2023-11-3007071808core:Vehicles2023-11-3007071808core:FurnitureFittings2023-11-3007071808core:OfficeEquipment2023-11-3007071808core:AfterOneYear2023-11-3007071808core:WithinOneYear2023-11-3007071808core:ListedExchangeTraded2023-11-3007071808core:UnlistedNon-exchangeTraded2023-11-3007071808core:ShareCapital2023-11-3007071808core:SharePremium2023-11-3007071808core:RevaluationReserve2023-11-3007071808core:OtherReservesSubtotal2023-11-3007071808core:RetainedEarningsAccumulatedLosses2023-11-3007071808core:NetGoodwill2022-11-3007071808core:IntangibleAssetsOtherThanGoodwill2022-11-3007071808core:LandBuildings2022-11-3007071808core:PlantMachinery2022-11-3007071808core:Vehicles2022-11-3007071808core:FurnitureFittings2022-11-3007071808core:OfficeEquipment2022-11-3007071808core:AfterOneYear2022-11-3007071808core:WithinOneYear2022-11-3007071808core:ListedExchangeTraded2022-11-3007071808core:UnlistedNon-exchangeTraded2022-11-3007071808core:ShareCapital2022-11-3007071808core:SharePremium2022-11-3007071808core:RevaluationReserve2022-11-3007071808core:OtherReservesSubtotal2022-11-3007071808core:RetainedEarningsAccumulatedLosses2022-11-3007071808core:NetGoodwill2021-12-0107071808core:IntangibleAssetsOtherThanGoodwill2021-12-0107071808core:LandBuildings2021-12-0107071808core:PlantMachinery2021-12-0107071808core:Vehicles2021-12-0107071808core:FurnitureFittings2021-12-0107071808core:OfficeEquipment2021-12-0107071808core:AfterOneYear2021-12-0107071808core:WithinOneYear2021-12-0107071808core:ListedExchangeTraded2021-12-0107071808core:UnlistedNon-exchangeTraded2021-12-0107071808core:ShareCapital2021-12-0107071808core:SharePremium2021-12-0107071808core:RevaluationReserve2021-12-0107071808core:OtherReservesSubtotal2021-12-0107071808core:RetainedEarningsAccumulatedLosses2021-12-0107071808core:AfterOneYear2022-12-012023-11-3007071808core:WithinOneYear2022-12-012023-11-3007071808core:Non-currentFinancialInstrumentscore:CostValuation2022-12-012023-11-3007071808core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-12-012023-11-3007071808core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-12-012023-11-3007071808core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-12-012023-11-3007071808core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-12-012023-11-3007071808core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-12-012023-11-3007071808core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-12-012023-11-3007071808core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-12-012023-11-3007071808core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-12-012023-11-3007071808core:Non-currentFinancialInstrumentscore:CostValuation2023-11-3007071808core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-11-3007071808core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-11-3007071808core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-11-3007071808core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-11-3007071808core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-11-3007071808core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-11-3007071808core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-11-3007071808core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-11-3007071808core:Non-currentFinancialInstrumentscore:CostValuation2022-11-3007071808core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-11-3007071808core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-11-3007071808core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-11-3007071808core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-11-3007071808core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-11-3007071808core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-11-3007071808core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-11-3007071808core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-11-3007071808bus:Director12022-12-012023-11-30

Elmstar Developments Limited

Registered Number
07071808
(England and Wales)

Unaudited Financial Statements for the Year ended
30 November 2023

Elmstar Developments Limited
Company Information
for the year from 1 December 2022 to 30 November 2023

Director

Clinton John Forbes

Registered Address

5-6 Hurricane Way
Wickford
SS11 8YR

Registered Number

07071808 (England and Wales)
Elmstar Developments Limited
Balance Sheet as at
30 November 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Investment property3500,000500,000
500,000500,000
Current assets
Debtors3,5242,324
Cash at bank and on hand51,86939,207
55,39341,531
Creditors amounts falling due within one year4(160,856)(177,296)
Net current assets (liabilities)(105,463)(135,765)
Total assets less current liabilities394,537364,235
Provisions for liabilities5(54,720)(54,720)
Net assets339,817309,515
Capital and reserves
Called up share capital100100
Profit and loss account339,717309,415
Shareholders' funds339,817309,515
The financial statements were approved and authorised for issue by the Director on 29 August 2024, and are signed on its behalf by:
Clinton John Forbes
Director
Registered Company No. 07071808
Elmstar Developments Limited
Notes to the Financial Statements
for the year ended 30 November 2023

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes.
Current taxation
Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
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.
2.Average number of employees

20232022
Average number of employees during the year00
3.Investment property

£
Fair value at 01 December 22500,000
At 30 November 23500,000
4.Creditors: amounts due within one year

2023

2022

££
Trade creditors / trade payables2,3021,872
Bank borrowings and overdrafts146,991164,133
Taxation and social security10,0639,791
Accrued liabilities and deferred income1,5001,500
Total160,856177,296
5.Provisions for liabilities

2023

2022

££
Net deferred tax liability (asset)54,72054,720
Total54,72054,720
6.Controlling party
The controlling party is C J Forbes.