2023-04-012024-03-312024-03-31false09500790ELM FARM ASSOCIATES 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ELM FARM ASSOCIATES LIMITED

Registered Number
09500790
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2024

ELM FARM ASSOCIATES LIMITED
Company Information
for the year from 1 April 2023 to 31 March 2024

Directors

HILLEN, Rebecca Gay
HILLEN, Stephen Martin Anthony

Registered Address

4 Glasshouse Studios Fryern Court Road
Burgate
Fordingbridge
SP6 1QX

Registered Number

09500790 (England and Wales)
ELM FARM ASSOCIATES LIMITED
Balance Sheet as at
31 March 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Investment property3926,280566,133
926,280566,133
Current assets
Debtors4-236,462
Cash at bank and on hand2,4886,689
2,488243,151
Creditors amounts falling due within one year5(733,285)(359,019)
Net current assets (liabilities)(730,797)(115,868)
Total assets less current liabilities195,483450,265
Creditors amounts falling due after one year6(104,962)(134,529)
Net assets90,521315,736
Capital and reserves
Called up share capital100100
Profit and loss account90,421315,636
Shareholders' funds90,521315,736
The financial statements were approved and authorised for issue by the Board of Directors on 23 October 2024, and are signed on its behalf by:
HILLEN, Rebecca Gay
Director
HILLEN, Stephen Martin Anthony
Director

Registered Company No. 09500790
ELM FARM ASSOCIATES LIMITED
Notes to the Financial Statements
for the year ended 31 March 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Investment property
The investment property is accounted for under FRS 102, Section 16 Investment Property. Investment property is remeasured to fair value at each balance sheet date with fair value gains and losses being reported in profit or loss. Investment properties are valued using RICS open market valuation on a freehold basis.
2.Average number of employees

20242023
Average number of employees during the year00
3.Investment property

£
Fair value at 01 April 23566,133
Additions360,147
At 31 March 24926,280
4.Debtors: amounts due within one year

2024

2023

££
Trade debtors / trade receivables-1,356
Other debtors-235,106
Total-236,462
5.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables-1,082
Bank borrowings and overdrafts16,0241,372
Taxation and social security2,8851,945
Other creditors713,925352,475
Accrued liabilities and deferred income4512,145
Total733,285359,019
6.Creditors: amounts due after one year

2024

2023

££
Bank borrowings and overdrafts104,962134,529
Total104,962134,529