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REGISTERED NUMBER: 11253940 (England and Wales)









Unaudited Financial Statements

for the Year Ended 5 April 2024

for

Ell Investments Limited

Ell Investments Limited (Registered number: 11253940)






Contents of the Financial Statements
for the Year Ended 5 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Ell Investments Limited

Company Information
for the Year Ended 5 April 2024







DIRECTORS: Mrs S V Lawrence
P A Lawrence
M Lawrence





REGISTERED OFFICE: 27 Belvedere Avenue
Wimbledon
SW19 7PP





REGISTERED NUMBER: 11253940 (England and Wales)





ACCOUNTANTS: Bullimores LLP
Chartered Accountants
Old Printers Yard
156 South Street
Dorking
Surrey
RH4 2HF

Ell Investments Limited (Registered number: 11253940)

Balance Sheet
5 April 2024

5.4.24 5.4.23
Notes £    £   
CURRENT ASSETS
Debtors 4 - 1,625,380
Investments 5 7,179,937 6,595,583
Cash at bank 513,559 38,733
7,693,496 8,259,696
CREDITORS
Amounts falling due within one year 6 5,841,969 7,340,750
NET CURRENT ASSETS 1,851,527 918,946
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,851,527

918,946

PROVISIONS FOR LIABILITIES 152,609 15,270
NET ASSETS 1,698,918 903,676

CAPITAL AND RESERVES
Called up share capital 220 220
Fair value reserve 8 477,116 65,099
Retained earnings 1,221,582 838,357
1,698,918 903,676

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Ell Investments Limited (Registered number: 11253940)

Balance Sheet - continued
5 April 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 August 2024 and were signed on its behalf by:





P A Lawrence - Director


Ell Investments Limited (Registered number: 11253940)

Notes to the Financial Statements
for the Year Ended 5 April 2024

1. STATUTORY INFORMATION

Ell Investments Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Investments
Investments are held at fair value and valued at the end of each accounting period.

Going concern
The directors consider the use of the going concern basis of accounting is appropriate because there are no material uncertainties related to events or conditions that may cast significant doubt about the ability of the company to continue as a going concern. The directors have confirmed their continued support of the company for the foreseeable future.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

Ell Investments Limited (Registered number: 11253940)

Notes to the Financial Statements - continued
for the Year Ended 5 April 2024

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
5.4.24 5.4.23
£    £   
Other debtors - 1,625,380

5. CURRENT ASSET INVESTMENTS
5.4.24 5.4.23
£    £   
Listed investments 7,179,937 6,595,583

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
5.4.24 5.4.23
£    £   
Bank loans and overdrafts - 2,065,696
Other creditors 2,290,012 2,104,650
Directors' loan accounts 3,549,136 3,163,818
Accrued expenses 2,821 6,586
5,841,969 7,340,750

7. SECURED DEBTS

The following secured debts are included within creditors:

5.4.24 5.4.23
£    £   
Bank loans - 2,065,696

A charge is held over all accounts and securities, by Coutts & Company. This charge was created on 7th December 2018.

8. RESERVES
Fair
value
reserve
£   
At 6 April 2023 65,099
Transfer to FV reserve 412,017

At 5 April 2024 477,116

Ell Investments Limited (Registered number: 11253940)

Notes to the Financial Statements - continued
for the Year Ended 5 April 2024

9. RELATED PARTY DISCLOSURES

An interest free loan of £2,000,000 was made by Louise Lawrence to the company. The balance is £2,040,011(2023 £2,104,650) outstanding at the balance sheet date.

Emmelle Developments Limited, a company owned by the shareholders was charged interest of £49,709 (2023 £70,236) in the year and £nil (2022 £1,625,380) was due from the company at the year end.

Emmelle Construction Limited, a company owned by the shareholders was paid interest of £24,714 (2023 £nil) and at the year end was owed £250,000 (2023 £nil) by the company at the year end.