Company Registration No. 06389861 (England and Wales)
Elmfield Property Developments Limited
Unaudited accounts
for the year ended 31 December 2023
Elmfield Property Developments Limited
Unaudited accounts
Contents
Elmfield Property Developments Limited
Company Information
for the year ended 31 December 2023
Company Number
06389861 (England and Wales)
Registered Office
Elmfield Farm
Middle Lane
Higher Kinnerton
Chester
CH4 9AU
Elmfield Property Developments Limited
Statement of financial position
as at 31 December 2023
Tangible assets
2,013
2,481
Cash at bank and in hand
21,958
38,425
Creditors: amounts falling due within one year
(2,641)
(13,458)
Net current assets
20,075
25,255
Called up share capital
1
1
Profit and loss account
22,087
27,735
Shareholders' funds
22,088
27,736
For the year ending 31 December 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 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 23 August 2024 and were signed on its behalf by
S Hampton
Director
Company Registration No. 06389861
Elmfield Property Developments Limited
Notes to the Accounts
for the year ended 31 December 2023
Elmfield Property Developments Limited is a private company, limited by shares, registered in England and Wales, registration number 06389861. The registered office is Elmfield Farm, Middle Lane, Higher Kinnerton, Chester, CH4 9AU.
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:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 January 2023
5,245
22,700
145
2,823
30,913
At 31 December 2023
5,451
22,700
145
2,823
31,119
At 1 January 2023
4,532
21,173
142
2,585
28,432
Charge for the year
230
382
3
59
674
At 31 December 2023
4,762
21,555
145
2,644
29,106
At 31 December 2023
689
1,145
-
179
2,013
At 31 December 2022
713
1,527
3
238
2,481
Elmfield Property Developments Limited
Notes to the Accounts
for the year ended 31 December 2023
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
2,107
11,028
Loans from directors
(366)
53
7
Average number of employees
During the year the average number of employees was 2 (2022: 1).