IRIS Accounts Production v25.1.0.734 09541349 director 1.5.23 30.4.24 30.4.24 0 0 false true false false true false Fair value model Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh095413492023-04-30095413492024-04-30095413492023-05-012024-04-30095413492022-04-30095413492022-05-012023-04-30095413492023-04-3009541349ns15:EnglandWales2023-05-012024-04-3009541349ns14:PoundSterling2023-05-012024-04-3009541349ns10:Director12023-05-012024-04-3009541349ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3009541349ns10:SmallEntities2023-05-012024-04-3009541349ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-3009541349ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3009541349ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3009541349ns10:FullAccounts2023-05-012024-04-3009541349ns10:OrdinaryShareClass12023-05-012024-04-3009541349ns10:RegisteredOffice2023-05-012024-04-3009541349ns5:CurrentFinancialInstruments2024-04-3009541349ns5:CurrentFinancialInstruments2023-04-3009541349ns5:Non-currentFinancialInstruments2024-04-3009541349ns5:Non-currentFinancialInstruments2023-04-3009541349ns5:ShareCapital2024-04-3009541349ns5:ShareCapital2023-04-3009541349ns5:RevaluationReserve2024-04-3009541349ns5:RevaluationReserve2023-04-3009541349ns5:RetainedEarningsAccumulatedLosses2024-04-3009541349ns5:RetainedEarningsAccumulatedLosses2023-04-3009541349ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2024-04-3009541349ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2023-04-3009541349ns10:OrdinaryShareClass12024-04-3009541349ns5:RevaluationReserve2023-04-30
REGISTERED NUMBER: 09541349 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

ELKANA ESTATES LTD

ELKANA ESTATES LTD (REGISTERED NUMBER: 09541349)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


ELKANA ESTATES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTOR: M Lorincz





REGISTERED OFFICE: 14 Clifton Gardens
Stamford Hill
London
N15 6AP





REGISTERED NUMBER: 09541349 (England and Wales)





ACCOUNTANTS: Venitt and Greaves
Chartered Accountants
115 Craven Park Road
South Tottenham
London
N15 6BL

ELKANA ESTATES LTD (REGISTERED NUMBER: 09541349)

STATEMENT OF FINANCIAL POSITION
30 APRIL 2024

30.4.24 30.4.23
Notes £    £   
FIXED ASSETS
Investment property 4 1,000,000 1,000,000

CURRENT ASSETS
Cash at bank 31 3,931

CREDITORS
Amounts falling due within one year 5 (261,019 ) (260,820 )
NET CURRENT LIABILITIES (260,988 ) (256,889 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

739,012

743,111

CREDITORS
Amounts falling due after more than one
year

6

(637,599

)

(637,599

)
NET ASSETS 101,413 105,512

CAPITAL AND RESERVES
Called up share capital 7 1 1
Revaluation reserve 8 139,248 139,248
Retained earnings (37,836 ) (33,737 )
SHAREHOLDERS' FUNDS 101,413 105,512

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 April 2025 and were signed by:



M Lorincz - Director


ELKANA ESTATES LTD (REGISTERED NUMBER: 09541349)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1. STATUTORY INFORMATION

Elkana Estates Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover represents net rent receivable, excluding value added tax.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 May 2023
and 30 April 2024 1,000,000
NET BOOK VALUE
At 30 April 2024 1,000,000
At 30 April 2023 1,000,000

Fair value at 30 April 2024 is represented by:
£   
Valuation in 2017 139,248
Valuation in 2019 860,752
1,000,000

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Other creditors 261,019 260,820

ELKANA ESTATES LTD (REGISTERED NUMBER: 09541349)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.24 30.4.23
£    £   
Bank loans 637,599 637,599

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 637,599 637,599

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.4.24 30.4.23
value: £    £   
1 Ordinary £1 1 1

8. RESERVES
Revaluation
reserve
£   
At 1 May 2023
and 30 April 2024 139,248

9. ULTIMATE CONTROLLING PARTY

The controlling party is M Lorincz.