ELMS HOTELS LIMITED

Company Registration Number:
11944482 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 1 January 2023

End date: 31 December 2023

ELMS HOTELS LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Additional notes
Balance sheet notes

ELMS HOTELS LIMITED

Balance sheet

As at 31 December 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 948,447 948,447
Total fixed assets: 948,447 948,447
Current assets
Stocks: 4 7,350 7,250
Debtors: 5 88,500 15,500
Cash at bank and in hand: 200,226 307,921
Total current assets: 296,076 330,671
Creditors: amounts falling due within one year: 6 ( 36,473 ) ( 37,293 )
Net current assets (liabilities): 259,603 293,378
Total assets less current liabilities: 1,208,050 1,241,825
Creditors: amounts falling due after more than one year: 7 ( 1,129,077 ) ( 1,182,325 )
Total net assets (liabilities): 78,973 59,500
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 78,972 59,499
Total Shareholders' funds: 78,973 59,500

The notes form part of these financial statements

ELMS HOTELS LIMITED

Balance sheet statements

For the year ending 31 December 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.

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

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

This report was approved by the board of directors on 2 September 2024
and signed on behalf of the board by:

Name: Praveen Ramankutty
Status: Director

The notes form part of these financial statements

ELMS HOTELS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

ELMS HOTELS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 2 2

ELMS HOTELS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 January 2023 948,447 948,447
Additions
Disposals
Revaluations
Transfers
At 31 December 2023 948,447 948,447
Depreciation
At 1 January 2023
Charge for year
On disposals
Other adjustments
At 31 December 2023
Net book value
At 31 December 2023 948,447 948,447
At 31 December 2022 948,447 948,447

ELMS HOTELS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Stocks

2023 2022
£ £
Stocks 7,350 7,250
Total 7,350 7,250

ELMS HOTELS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Debtors

2023 2022
£ £
Other debtors 88,500 15,500
Total 88,500 15,500

ELMS HOTELS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

6. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 12,500 13,663
Taxation and social security 23,973 23,630
Total 36,473 37,293

ELMS HOTELS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

7. Creditors: amounts falling due after more than one year note

2023 2022
£ £
Bank loans and overdrafts 483,474 518,825
Other creditors 645,603 663,500
Total 1,129,077 1,182,325