Caseware UK (AP4) 2023.0.135 2023.0.135 2024-01-312024-01-3141000004100000true2023-02-01falsefalseholding company11falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 5041149 2023-02-01 2024-01-31 5041149 2022-02-01 2023-01-31 5041149 2024-01-31 5041149 2023-01-31 5041149 2022-02-01 5041149 c:Director1 2023-02-01 2024-01-31 5041149 d:FreeholdInvestmentProperty 2024-01-31 5041149 d:FreeholdInvestmentProperty 2023-01-31 5041149 d:LeaseholdInvestmentProperty 2024-01-31 5041149 d:LeaseholdInvestmentProperty 2023-01-31 5041149 d:CurrentFinancialInstruments 2024-01-31 5041149 d:CurrentFinancialInstruments 2023-01-31 5041149 d:CurrentFinancialInstruments d:WithinOneYear 2024-01-31 5041149 d:CurrentFinancialInstruments d:WithinOneYear 2023-01-31 5041149 d:ShareCapital 2024-01-31 5041149 d:ShareCapital 2023-01-31 5041149 d:OtherMiscellaneousReserve 2024-01-31 5041149 d:OtherMiscellaneousReserve 2023-01-31 5041149 d:RetainedEarningsAccumulatedLosses 2024-01-31 5041149 d:RetainedEarningsAccumulatedLosses 2023-01-31 5041149 c:OrdinaryShareClass2 2023-02-01 2024-01-31 5041149 c:OrdinaryShareClass2 2024-01-31 5041149 c:OrdinaryShareClass2 2023-01-31 5041149 c:OrdinaryShareClass3 2023-02-01 2024-01-31 5041149 c:OrdinaryShareClass3 2024-01-31 5041149 c:OrdinaryShareClass3 2023-01-31 5041149 c:FRS102 2023-02-01 2024-01-31 5041149 c:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 5041149 c:FullAccounts 2023-02-01 2024-01-31 5041149 c:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 5041149 d:WithinOneYear 2024-01-31 5041149 d:WithinOneYear 2023-01-31 5041149 d:BetweenOneFiveYears 2024-01-31 5041149 d:BetweenOneFiveYears 2023-01-31 5041149 2 2023-02-01 2024-01-31 5041149 6 2023-02-01 2024-01-31 5041149 d:AcceleratedTaxDepreciationDeferredTax 2024-01-31 5041149 e:PoundSterling 2023-02-01 2024-01-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 5041149









ELLANNIE HOLDINGS LIMITED








FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JANUARY 2024

 
ELLANNIE HOLDINGS LIMITED
REGISTERED NUMBER: 5041149

BALANCE SHEET
AS AT 31 JANUARY 2024

2024
2023
Note
£
£

Fixed assets
  

Investments
 4 
3,379
3,379

Investment property
 5 
2,050,000
2,050,000

  
2,053,379
2,053,379

Current assets
  

Debtors: amounts falling due within one year
 6 
932,261
807,473

Cash at bank and in hand
 7 
182,125
93,939

  
1,114,386
901,412

Creditors: amounts falling due within one year
 8 
(30,795)
(30,734)

Net current assets
  
 
 
1,083,591
 
 
870,678

Provisions for liabilities
  

Deferred tax
 9 
(19,578)
(19,578)

Net assets
  
3,117,392
2,904,479


Capital and reserves
  

Called up share capital 
 10 
3,379
3,379

Other reserves
 11 
1,000,791
1,000,791

Profit and loss account
 11 
2,113,222
1,900,309

  
3,117,392
2,904,479


Page 1

 
ELLANNIE HOLDINGS LIMITED
REGISTERED NUMBER: 5041149
    
BALANCE SHEET (CONTINUED)
AS AT 31 JANUARY 2024

The director considers that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 9 October 2024.






P Tubby
Director

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 
ELLANNIE HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1.


General information

Ellannie Holdings Limited is a holding company limited by shares, incorporated in England, United Kingdom.
The address of the registered office is Suite D, The Business Centre, Faringdon Avenue, Romford, Essex, RM3 8EN. The company's principal place of business is 39 Purfleet Industrial Park, Aveley, South Ockendon, RM15 4YG. The company's principal activity continued to be that of a holding company of a trading group and the provision of management expertise to group companies.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Operating leases: the company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.5

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Page 3

 
ELLANNIE HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

2.Accounting policies (continued)

 
2.6

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

 
2.7

Investment property

Investment property is carried at fair value determined annually by the director and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

 
2.8

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.9

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.10

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Page 4

 
ELLANNIE HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

2.Accounting policies (continued)

 
2.11

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.12

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
2.13

Financial instruments

The company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's Balance sheet when the company becomes party to the contractual provisions of the instrument.

 
2.14

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees




The average monthly number of employees, including directors, during the year was 1 (2023 -1).


4.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 February 2023
3,379



At 31 January 2024
3,379




Page 5

 
ELLANNIE HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

5.


Investment property


Freehold investment property
Long term leasehold investment property
Total

£
£
£



Valuation


At 1 February 2023
1,200,000
850,000
2,050,000



At 31 January 2024
1,200,000
850,000
2,050,000

The 2024 valuations were made by the director, on an open market value for existing use basis.





6.


Debtors

2024
2023
£
£


Amounts owed by group undertakings
784,771
805,433

Other debtors
145,450
-

Prepayments and accrued income
2,040
2,040

932,261
807,473



7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
182,125
93,939



8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Corporation tax
28,335
22,190

Other creditors
-
6,204

Accruals and deferred income
2,460
2,340

30,795
30,734


Page 6

 
ELLANNIE HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

9.


Deferred taxation



2024
2023


£

£






At beginning of year
(19,578)
(14,879)


Charged to profit or loss
-
(4,699)



At end of year
(19,578)
(19,578)

The provision for deferred taxation is made up as follows:

2024
£


Investment properties revaluation
(19,578)


10.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



3,049 (2023 - 3,049) Ordinary A shares of £1.00 each
3,049
3,049
330 (2023 - 330) Ordinary B shares of £1.00 each
330
330

3,379

3,379


The ordinary A and B shares of the company have independent dividend rights. In all other aspects the shares rank equally.


11.


Reserves

Other non-distributable reserves
Non-distributable reserves relate to the unrealised gain on fair value adjustments of investment properties.

Profit and loss account
Includes all current and prior period retained profits and losses.

Page 7

 
ELLANNIE HOLDINGS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

12.


Commitments under operating leases

At 31 January 2024 the company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

2024
2023
£
£


Not later than 1 year
30,600
30,600

Later than 1 year and not later than 5 years
-
30,600

30,600
61,200

The company has annual ground rent committments of £30,600 on a head lease which ends in 2071.


13.


Transactions with directors

Other debtors includes a loan to a director of £145,450. Interest is charged at the official rate and the loan is repayable on demand.


14.


Related party transactions




2024
2023
£
£

Rent and services received from related party
150,000
150,000
Amount owed from related party
784,771
805,433

 
Page 8