Elmsley Homes (Holdings) Limited 13278641 true 2022-11-01 2023-10-31 2023-10-31 The principal activity of the company is that of a holding company. Digita Accounts Production Advanced 6.30.9574.0 true Mr Lee Taylor Mrs Nadia Taylor false true 13278641 2022-11-01 2023-10-31 13278641 2023-10-31 13278641 bus:OrdinaryShareClass1 2023-10-31 13278641 core:ShareCapital 2023-10-31 13278641 core:CurrentFinancialInstruments 2023-10-31 13278641 core:CurrentFinancialInstruments core:WithinOneYear 2023-10-31 13278641 bus:FRS102 2022-11-01 2023-10-31 13278641 bus:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 13278641 bus:FullAccounts 2022-11-01 2023-10-31 13278641 bus:RegisteredOffice 2022-11-01 2023-10-31 13278641 bus:Director1 2022-11-01 2023-10-31 13278641 bus:Director2 2022-11-01 2023-10-31 13278641 bus:OrdinaryShareClass1 2022-11-01 2023-10-31 13278641 bus:EntityNoLongerTradingButTradedInPast 2022-11-01 2023-10-31 13278641 bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 13278641 countries:EnglandWales 2022-11-01 2023-10-31 13278641 core:CostValuation 2022-10-31 13278641 2022-10-31 13278641 bus:OrdinaryShareClass1 2022-10-31 13278641 core:ShareCapital 2022-10-31 13278641 core:CurrentFinancialInstruments 2022-10-31 13278641 core:CurrentFinancialInstruments core:WithinOneYear 2022-10-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 13278641

Elmsley Homes (Holdings) Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 October 2023

 

Elmsley Homes (Holdings) Limited

Profit and Loss Account for the Year Ended 31 October 2023

The company has not traded during the year. During this year, the company received no income and incurred no expenditure and therefore made neither profit nor loss.

 

Elmsley Homes (Holdings) Limited

(Registration number: 13278641)
Balance Sheet as at 31 October 2023

Note

2023
£

2022
£

Fixed assets

 

Investments

3

500

500

Current assets

 

Debtors

4

300

300

Creditors: Amounts falling due within one year

5

(500)

(500)

Net current liabilities

 

(200)

(200)

Net assets

 

300

300

Capital and reserves

 

Called up share capital

6

300

300

Shareholders' funds

 

300

300

For the financial year ending 31 October 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 30 October 2024 and signed on its behalf by:
 

.........................................
Mr Lee Taylor
Director

 

Elmsley Homes (Holdings) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
The Hewletts
Aggs Hill
Cheltenham
GL54 4ET
England

These financial statements were authorised for issue by the Board on 30 October 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Judgements

The directors consider that there are no key judgements that management have made in the process of applying the company's accounting policies and that may have had a significant effect on the amounts recognised in the financial statements.

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.


Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

 

Elmsley Homes (Holdings) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2023

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Financial instruments

Classification
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like investments, trade and other receivables, cash and bank balances, trade and other creditors.

Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or cash consolidation expected to be paid or received.

 

3

Investments

2023
£

2022
£

Investments in subsidiaries

500

500

 

Elmsley Homes (Holdings) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2023

Subsidiaries

£

Cost or valuation

At 1 November 2022

500

Provision

Carrying amount

At 31 October 2023

500

At 31 October 2022

500

4

Debtors

Current

2023
£

2022
£

Other debtors

300

300

 

300

300

5

Creditors

Note

2023
£

2022
£

Due within one year

 

Amounts due to related parties

500

500

6

Share capital

Allotted, called up and fully paid shares

 

2023

2022

 

No.

£

No.

£

Ordinary shares of £1 each

300

300

300

300