ELMDON CONSULTANTS LIMITED

Company Registration Number:
07072665 (England and Wales)

Unaudited abridged accounts for the year ended 30 November 2024

Period of accounts

Start date: 01 December 2023

End date: 30 November 2024

ELMDON CONSULTANTS LIMITED

Contents of the Financial Statements

for the Period Ended 30 November 2024

Balance sheet
Notes

ELMDON CONSULTANTS LIMITED

Balance sheet

As at 30 November 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 45,096 7,167
Investments: 4 436,005 421,477
Total fixed assets: 481,101 428,644
Current assets
Debtors:   15,215 39,758
Cash at bank and in hand: 131,076 122,104
Total current assets: 146,291 161,862
Creditors: amounts falling due within one year:   (5,895) (6,082)
Net current assets (liabilities): 140,396 155,780
Total assets less current liabilities: 621,497 584,424
Provision for liabilities: (8,500) (1,350)
Total net assets (liabilities): 612,997 583,074
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 612,897 582,974
Shareholders funds: 612,997 583,074

The notes form part of these financial statements

ELMDON CONSULTANTS LIMITED

Balance sheet statements

For the year ending 30 November 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

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

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 04 February 2025
and signed on behalf of the board by:

Name: Dr P Leighton
Status: Director

The notes form part of these financial statements

ELMDON CONSULTANTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is derived from the principal activity of consulting. Turnover represents net invoiced sales of services rendered, excluding value added tax. In line with Financial Reporting Standard 102 income has been recognised when the company obtains the right to consideration in exchange for its performance.

Tangible fixed assets and depreciation policy

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Plant and machinery etc - 33% on cost and 25% on reducing balance

Other accounting policies

Taxation Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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. 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. Pension costs and other post-retirement benefits The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate. Investments Investments are stated at market value. Going concern The directors have considered the financial position of the company and believe it is well placed to manage its business risks successfully. The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future, thus they continue to adopt the going concern basis of preparation in preparing the financial statements.

ELMDON CONSULTANTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

2. Employees

2024 2023
Average number of employees during the period 2 2

ELMDON CONSULTANTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

3. Tangible Assets

Total
Cost £
At 01 December 2023 29,410
Additions 48,512
Disposals (26,220)
At 30 November 2024 51,702
Depreciation
At 01 December 2023 22,243
Charge for year 5,506
On disposals (21,143)
At 30 November 2024 6,606
Net book value
At 30 November 2024 45,096
At 30 November 2023 7,167

ELMDON CONSULTANTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

4. Fixed investments

Fixed asset investments £436,005

ELMDON CONSULTANTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 November 2024

5. Related party transactions

The company is controlled by Dr P Leighton.