Else Mortgages Ltd |
Notes to the Accounts |
for the year ended 31 December 2024 |
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1 |
Accounting policies |
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Basis of preparation |
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The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
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Turnover |
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Turnover is measured at the fair value of the consideration received or receivable. |
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Taxation |
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A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. |
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2 |
Employees |
2024 |
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2023 |
Number |
Number |
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Average number of persons employed by the company |
1 |
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1 |
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3 |
Tangible fixed assets |
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Plant and machinery etc |
£ |
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Cost |
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At 1 January 2024 |
2,067 |
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Additions |
179 |
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At 31 December 2024 |
2,246 |
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Depreciation |
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At 1 January 2024 |
1,378 |
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Charge for the year |
749 |
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At 31 December 2024 |
2,127 |
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Net book value |
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At 31 December 2024 |
119 |
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At 31 December 2023 |
689 |
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4 |
Debtors |
2024 |
|
2023 |
£ |
£ |
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Subordinated loan |
5,000 |
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- |
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Other debtors |
1 |
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1 |
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5,001 |
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1 |
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5 |
Creditors: amounts falling due within one year |
2024 |
|
2023 |
£ |
£ |
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Taxation and social security costs |
1,193 |
|
3,012 |
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Other creditors |
2,118 |
|
396 |
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|
3,311 |
|
3,408 |
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6 |
Other information |
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Else Mortgages Ltd is a private company limited by shares and incorporated in England. Its registered office is: |
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44 Trowell Road |
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Nottingham |
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NG8 2DF |