ACCOUNTS - Final Accounts preparation

Registered number: 14126909

ELYSIAN ST ALBANS OPERATING COMPANY LIMITED

UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024


ELYSIAN ST ALBANS OPERATING COMPANY LIMITED

CONTENTS

	Page
Statement of Financial Position	1
Notes to the Financial Statements	2 - 3


ELYSIAN ST ALBANS OPERATING COMPANY LIMITED REGISTERED NUMBER:14126909

STATEMENT OF FINANCIAL POSITION

AS AT 31 DECEMBER 2024

		2024		2023
Note		£		£


Current assets
Debtors: amounts falling due within one year	4	1	1
Net assets		1	1

Capital and reserves
Called up share capital	5	1	1
		1	1

For the year ended 31 December 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006.

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 statement of comprehensive income 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 on 11 March 2025.

G Stein

Director

The notes on pages 2 to 3 form part of these financial statements.

Page 1


ELYSIAN ST ALBANS OPERATING COMPANY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

1.	General information

Elysian St Albans Operating Company Limited is a private limited liabililty company registered in England and Wales. It's principle place of business and registered office is at 112-116 New Oxford Street, London, WC1A 1HH.
The company was dormant throughout the year.
The company's functional and presentational currency is £ sterling.

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.

2.2

Basic financial instruments

The company only enters into transactions that result in basic financial instruments such as other debtors and loans with related parties.
Other debtors are recognised initially at the transaction price less attributable transaction costs. Subsequently they are measured at amortised cost using the effective interest method less any impairment losses.

Employees

The average monthly number of employees, including directors, during the year was 3 (2023 - 3).

Debtors

					2024	2023
					£	£


Other debtors	1	1

5.	Share capital
		2024	2023
		£	£

Allotted, called up and fully paid

1 Ordinary share of £1	1	1

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ELYSIAN ST ALBANS OPERATING COMPANY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

6.	Contingent liabilities

The company is a chargor under a composite debenture entered into by an entity which owns the freehold property that the company provides property management services for. That entity took out a loan to finance the construction of the property. Under the terms of the composite debenture, the company's assets have been provided as security for the loan by way of a fixed and floating charge.

7.	Parent undertaking

The immediate parent undertaking is Elysian UK Holdings Limited, a company registered in England and Wales. It's registered office address is 112-116 New Oxford Street, London, WC1A 1HH.
The ultimate parent undertaking is Elysian Group Holdings Limited, a company registered in Jersey. It's registered office address is 1st Floor, Osprey House, Old Street, St. Helier, JE2 3RG, Jersey.

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