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Company Registration No. 11820094 (England and Wales)
ELZIRA INVESTMENT LIMITED Unaudited accounts for the year ended 29 February 2024
ELZIRA INVESTMENT LIMITED Unaudited accounts Contents
Page
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ELZIRA INVESTMENT LIMITED Company Information for the year ended 29 February 2024
Director
Ifeyinwa Favour Nnacheta IKE
Company Number
11820094 (England and Wales)
Registered Office
4 DOVEDALE LUTON BEDFORDSHIRE LU2 7FQ UNITED KINGDOM
Accountants
Johnson Olanrewaju High Glory Associates 61 Sherbourne Close Dartford Dartford, Kent DA1 5WQ
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ELZIRA INVESTMENT LIMITED Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
50,000 
Current assets
Cash at bank and in hand
224 
567 
Creditors: amounts falling due within one year
(5,742)
(17,076)
Net current liabilities
(5,518)
(16,509)
Total assets less current liabilities
(5,518)
33,491 
Creditors: amounts falling due after more than one year
- 
(36,584)
Net liabilities
(5,518)
(3,093)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(5,519)
(3,094)
Shareholders' funds
(5,518)
(3,093)
For the year ending 29 February 2024 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 9 October 2024 and were signed on its behalf by
Ifeyinwa Favour Nnacheta IKE Director Company Registration No. 11820094
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ELZIRA INVESTMENT LIMITED Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
ELZIRA INVESTMENT LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11820094. The registered office is 4 DOVEDALE, LUTON, BEDFORDSHIRE, LU2 7FQ, UNITED KINGDOM.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
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:
Land & buildings
1% Depreciation to be provided
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 March 2023
50,000 
Disposals
(50,000)
At 29 February 2024
- 
Depreciation
At 29 February 2024
- 
Net book value
At 29 February 2024
- 
At 28 February 2023
50,000 
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ELZIRA INVESTMENT LIMITED Notes to the Accounts for the year ended 29 February 2024
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
- 
5,000 
Loans from directors
5,442 
11,776 
Accruals
300 
300 
5,742 
17,076 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
- 
26,584 
Other creditors
- 
10,000 
- 
36,584 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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