Company registration number 11488146 (England and Wales)
ELLECOURT HOLDINGS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024
PAGES FOR FILING WITH REGISTRAR
ELLECOURT HOLDINGS LIMITED
CONTENTS
Page
Statement of financial position
1 - 2
Notes to the financial statements
3 - 4
Ellecourt Holdings Limited
ELLECOURT HOLDINGS LIMITED
Statement Of Financial Position
as at 31 July 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Investment properties
4
198,000
198,000
Investments
5
5,700
5,700
203,700
203,700
Current assets
Cash at bank and in hand
70,651
22,534
Creditors: amounts falling due within one year
6
(44,798)
(23,821)
Net current assets/(liabilities)
25,853
(1,287)
Total assets less current liabilities
229,553
202,413
Creditors: amounts falling due after more than one year
7
(84,229)
(97,162)
Net assets
145,324
105,251
Capital and reserves
Called up share capital
5,700
5,700
Profit and loss reserves
139,624
99,551
Total equity
145,324
105,251
Ellecourt Holdings Limited
ELLECOURT HOLDINGS LIMITED
Statement Of Financial Position (CONTINUED)
as at 31 July 2024
- 2 -
The directors of the company have elected not to include a copy of the income statement within the financial statements.true
For the financial year ended 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
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 members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 29 January 2025 and are signed on its behalf by:
J Curry
Director
Company Registration No. 11488146
Ellecourt Holdings Limited
ELLECOURT HOLDINGS LIMITED
Notes to the financial statements
for the year ended 31 July 2024
- 3 -
1
Accounting policies
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. 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 financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
Group exemption
The company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the company as an individual entity and not about its group.
Investment properties
Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. Changes in fair value are recognised in profit or loss.
Fixed asset investments
Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.
A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.
2
Judgements and key sources of estimation uncertainty
In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
Ellecourt Holdings Limited
ELLECOURT HOLDINGS LIMITED
Notes to the financial statements (CONTINUED)
for the year ended 31 July 2024
- 4 -
3
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2024
2023
Number
Number
Total
3
3
4
Investment property
2024
£
Fair value
At 1 August 2023 and 31 July 2024
198,000
5
Fixed asset investments
2024
2023
£
£
Shares in group undertakings and participating interests
5,700
5,700
6
Creditors: amounts falling due within one year
2024
2023
£
£
Bank loans
12,526
10,993
Amounts owed to group undertakings
24,378
5,539
Other creditors
7,894
7,289
44,798
23,821
The bank loan is secured.
7
Creditors: amounts falling due after more than one year
2024
2023
£
£
Bank loan
84,229
97,162
The bank loan is secured.