Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31false0No description of principal activity2023-04-010truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 09276603 2023-04-01 2024-03-31 09276603 2022-04-01 2023-03-31 09276603 2024-03-31 09276603 2023-03-31 09276603 c:Director3 2023-04-01 2024-03-31 09276603 d:Buildings 2023-04-01 2024-03-31 09276603 d:Buildings 2024-03-31 09276603 d:Buildings 2023-03-31 09276603 d:CurrentFinancialInstruments 2024-03-31 09276603 d:CurrentFinancialInstruments 2023-03-31 09276603 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 09276603 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 09276603 d:ShareCapital 2024-03-31 09276603 d:ShareCapital 2023-03-31 09276603 d:RetainedEarningsAccumulatedLosses 2024-03-31 09276603 d:RetainedEarningsAccumulatedLosses 2023-03-31 09276603 c:OrdinaryShareClass1 2023-04-01 2024-03-31 09276603 c:OrdinaryShareClass1 2024-03-31 09276603 c:OrdinaryShareClass1 2023-03-31 09276603 c:FRS102 2023-04-01 2024-03-31 09276603 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 09276603 c:FullAccounts 2023-04-01 2024-03-31 09276603 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 09276603 2 2023-04-01 2024-03-31 09276603 e:PoundSterling 2023-04-01 2024-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 09276603










ELSON LAND LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2024

 
ELSON LAND LIMITED
REGISTERED NUMBER: 09276603

BALANCE SHEET
AS AT 31 MARCH 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
180,000
180,000

  
180,000
180,000

Current assets
  

Cash at bank and in hand
 5 
903,649
885,902

  
903,649
885,902

Creditors: amounts falling due within one year
 6 
(240,543)
(336,813)

Net current assets
  
 
 
663,106
 
 
549,089

Total assets less current liabilities
  
843,106
729,089

  

Net assets
  
843,106
729,089


Capital and reserves
  

Called up share capital 
 7 
481,000
481,000

Profit and loss account
  
362,106
248,089

  
843,106
729,089


Page 1

 
ELSON LAND LIMITED
REGISTERED NUMBER: 09276603
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024

The directors consider 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 directors acknowledge their 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 profit and loss account 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 by: 




M Wason
Director

Date: 18 November 2024

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
ELSON LAND LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

Elson Land Limited is a private limited company, limited by shares, incorporated in England and Wales, with its registered office and principal place of business at 4 Lime Terrace, lime Street, Shrewsbury, SY3 7EE.

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:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

 
2.3

Interest income

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

 
2.4

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

Page 3

 
ELSON LAND LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.5

Taxation

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.

 
2.6

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, .

Depreciation is provided on the following basis:

Freehold property
-
NIL

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.7

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.

 
2.8

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.

 
2.9

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.

Page 4

 
ELSON LAND LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

3.


Employees

The average monthly number of employees, including directors, during the year was 0 (2023 - 0).


4.


Tangible fixed assets





Freehold property

£



Cost or valuation


At 1 April 2023
180,000



At 31 March 2024

180,000






Net book value



At 31 March 2024
180,000



At 31 March 2023
180,000


5.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
903,649
885,902

903,649
885,902



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Taxation and other social security
197,877
298,416

Other creditors
40,890
36,717

Accruals and deferred income
1,776
1,680

240,543
336,813


Page 5

 
ELSON LAND LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

7.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



481,000 (2023 - 481,000) Ordinary shares of £1.00 each
481,000
481,000



8.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company  in an independently administered fund. The pension cost charge represents contributions payable by the Company  to the fund and amounted to £44,917 (2023 - £45,021). Contributions totalling £NIL (2023 - £NIL) were payable to the fund at the balance sheet date and are included in creditors.

 
Page 6