ELSARO LTD

Company Registration Number:
13753684 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2024

Period of accounts

Start date: 1 December 2023

End date: 30 November 2024

ELSARO LTD

Contents of the Financial Statements

for the Period Ended 30 November 2024

Directors report
Profit and loss
Balance sheet
Additional notes

ELSARO LTD

Directors' report period ended 30 November 2024

The directors present their report with the financial statements of the company for the period ended 30 November 2024

Principal activities of the company

This is the first time ELSARO Ltd started trading and it has been engaged in property management for long term and short term lets. The property is leased to ELSARO long term on full management basis. In this first year of trading, ELSARO invested heavily to refurbish the property and fully furnish it with the necessary items before the property is let out.

Political and charitable donations

No political or charitable donations made



Directors

The director shown below has held office during the whole of the period from
1 December 2023 to 30 November 2024

Mihretab Salasibew


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
23 April 2025

And signed on behalf of the board by:
Name: Mihretab Salasibew
Status: Director

ELSARO LTD

Profit And Loss Account

for the Period Ended 30 November 2024

2024 2023


£

£
Turnover: 71,830 0
Cost of sales: ( 105,345 ) 0
Gross profit(or loss): (33,515) 0
Distribution costs: 0 0
Administrative expenses: ( 4,994 ) 0
Other operating income: 0 0
Operating profit(or loss): (38,509) 0
Interest receivable and similar income: 0 0
Interest payable and similar charges: 0 0
Profit(or loss) before tax: (38,509) 0
Tax: 0 0
Profit(or loss) for the financial year: (38,509) 0

ELSARO LTD

Balance sheet

As at 30 November 2024

Notes 2024 2023


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments:   0 0
Total fixed assets: 0 0
Current assets
Stocks:   0 0
Debtors:   0 0
Cash at bank and in hand: 1,319 1,070
Total current assets: 1,319 1,070
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year:   0 0
Net current assets (liabilities): 1,319 1,070
Total assets less current liabilities: 1,319 1,070
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): 1,319 1,070
Capital and reserves
Called up share capital: 1,319 1,070
Share premium account: 0 0
Other reserves: 0 0
Profit and loss account: 0 0
Total Shareholders' funds: 1,319 1,070

The notes form part of these financial statements

ELSARO LTD

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.

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

This report was approved by the board of directors on 23 April 2025
and signed on behalf of the board by:

Name: Mihretab Salasibew
Status: Director

The notes form part of these financial statements

ELSARO LTD

Notes to the Financial Statements

for the Period Ended 30 November 2024

  • 1. Accounting policies

    Basis of measurement and preparation

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

ELSARO LTD

Notes to the Financial Statements

for the Period Ended 30 November 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0