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REGISTERED NUMBER: 10476476 (England and Wales)















ELTERWATER HOLDINGS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024






ELTERWATER HOLDINGS LIMITED (REGISTERED NUMBER: 10476476)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ELTERWATER HOLDINGS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: Mrs S E Calder
Mrs P A Cottrell
Mrs V Yearsley
Mrs E Greenwood
T P Greenwood
I H Cottrell





REGISTERED OFFICE: Clarke Nicklin House
Brooks Drive
Cheadle Royal Business Park
Cheadle
Cheshire
SK8 3TD





REGISTERED NUMBER: 10476476 (England and Wales)





ACCOUNTANTS: Clarke Nicklin LLP
Chartered Accountants
Clarke Nicklin House
Brooks Drive
Cheadle Royal Business Park
Cheadle
Cheshire
SK8 3TD

ELTERWATER HOLDINGS LIMITED (REGISTERED NUMBER: 10476476)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investments 4 1,043,367 1,043,367
Investment property 5 804,000 801,000
1,847,367 1,844,367

CURRENT ASSETS
Debtors 6 101,427 65,354
Cash at bank 14,610 795
116,037 66,149
CREDITORS
Amounts falling due within one year 7 64,673 9,099
NET CURRENT ASSETS 51,364 57,050
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,898,731

1,901,417

PROVISIONS FOR LIABILITIES 8 58,594 58,594
NET ASSETS 1,840,137 1,842,823

CAPITAL AND RESERVES
Called up share capital 100 100
Share premium 1,043,316 1,043,316
Retained earnings 796,721 799,407
1,840,137 1,842,823

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

ELTERWATER HOLDINGS LIMITED (REGISTERED NUMBER: 10476476)

BALANCE SHEET - continued
31 MARCH 2024


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

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 December 2024 and were signed on its behalf by:





Mrs E Greenwood - Director


ELTERWATER HOLDINGS LIMITED (REGISTERED NUMBER: 10476476)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

Elterwater Holdings Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Going concern
The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The directors have reached this conclusion giving due consideration to the projected future performance of the company and any potential risk that might impact the company's ability to meet its required solvency levels. For this reason, they continue to adopt the going concern basis in preparing the financial statements.

Turnover
Turnover represents rents on land and buildings, exclusive of value added tax.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


ELTERWATER HOLDINGS LIMITED (REGISTERED NUMBER: 10476476)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4. FIXED ASSET INVESTMENTS
Shares in
group
undertaking
£   
COST
At 1 April 2023
and 31 March 2024 1,043,367
NET BOOK VALUE
At 31 March 2024 1,043,367
At 31 March 2023 1,043,367

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023 801,000
Additions 3,000
At 31 March 2024 804,000
NET BOOK VALUE
At 31 March 2024 804,000
At 31 March 2023 801,000

Fair value at 31 March 2024 is represented by:
£   
Valuation in 2024 804,000

ELTERWATER HOLDINGS LIMITED (REGISTERED NUMBER: 10476476)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


5. INVESTMENT PROPERTY - continued

If investment property had not been revalued it would have been included at the following historical cost:

2024 2023
£    £   
Cost 348,597 345,597

Investment property was valued on an open market basis on 31 March 2024 by the directors .

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 9,973 -
Amounts owed by group undertakings 91,454 65,354
101,427 65,354

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Corporation tax 543 4,101
Other creditors 56,603 -
Directors' current accounts 5,000 2,603
Accruals 2,527 2,395
64,673 9,099

8. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 58,594 58,594

Deferred
tax
£   
Balance at 1 April 2023 58,594
Balance at 31 March 2024 58,594

9. ULTIMATE CONTROLLING PARTY

The company is under the joint control of Mrs Victoria Yearsley and Mrs Elizabeth Greenwood.