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REGISTERED NUMBER: 04723076 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

GEORGE ELTON ESTATES LIMITED

GEORGE ELTON ESTATES LIMITED (REGISTERED NUMBER: 04723076)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


GEORGE ELTON ESTATES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTOR: Mr J R Florio



REGISTERED OFFICE: Fraser Ross House
24 Broad Street
Stamford
Lincolnshire
PE9 1PJ



REGISTERED NUMBER: 04723076 (England and Wales)



ACCOUNTANTS: Brayshaw Morey
Certified Public Accountants
Fraser Ross House
24 Broad Street
Stamford
Lincolnshire
PE9 1PJ



BANKERS: HSBC
1 Victoria Road
Surbiton
Surrey
KT6 4LF

GEORGE ELTON ESTATES LIMITED (REGISTERED NUMBER: 04723076)

STATEMENT OF FINANCIAL POSITION
31 MARCH 2025

31.3.25 31.3.24
Notes £    £    £   
FIXED ASSETS
Tangible assets 5 308 260
Investment property 6 1,050,000 1,050,000
1,050,308 1,050,260

CURRENT ASSETS
Debtors 7 216 337
Cash at bank and in hand 183,976 198,008
184,192 198,345
CREDITORS
Amounts falling due within one year 8 77,518 113,719
NET CURRENT ASSETS 106,674 84,626
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,156,982

1,134,886

PROVISIONS FOR LIABILITIES 96,877 96,867
NET ASSETS 1,060,105 1,038,019

CAPITAL AND RESERVES
Called up share capital 9 1,000 1,000
Fair value reserve 10 669,182 669,182
Retained earnings 10 389,923 367,837
SHAREHOLDERS' FUNDS 1,060,105 1,038,019

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

GEORGE ELTON ESTATES LIMITED (REGISTERED NUMBER: 04723076)

STATEMENT OF FINANCIAL POSITION - continued
31 MARCH 2025


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 29 May 2025 and were signed by:




Mr J R Florio - Director



Mrs W Florio - Director


GEORGE ELTON ESTATES LIMITED (REGISTERED NUMBER: 04723076)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1. STATUTORY INFORMATION

George Elton Estates Limited 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.

2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures, fittings & equipment - 25% on cost
Computer equipment - 25% on cost

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.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

GEORGE ELTON ESTATES LIMITED (REGISTERED NUMBER: 04723076)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

5. TANGIBLE FIXED ASSETS
Fixtures,
Plant and fittings Computer
machinery & equipment equipment Totals
£    £    £    £   
COST
At 1 April 2024 752 1,814 4,838 7,404
Additions - - 150 150
At 31 March 2025 752 1,814 4,988 7,554
DEPRECIATION
At 1 April 2024 492 1,814 4,838 7,144
Charge for year 65 - 37 102
At 31 March 2025 557 1,814 4,875 7,246
NET BOOK VALUE
At 31 March 2025 195 - 113 308
At 31 March 2024 260 - - 260

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2024
and 31 March 2025 1,050,000
NET BOOK VALUE
At 31 March 2025 1,050,000
At 31 March 2024 1,050,000

Fair value at 31 March 2025 is represented by:
£   
Valuation in 2017 344,433
Valuation in 2019 55,000
Valuation in 2022 325,000
Cost 325,567
1,050,000

GEORGE ELTON ESTATES LIMITED (REGISTERED NUMBER: 04723076)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Other debtors 216 337

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Taxation and social security 5,145 6,176
Other creditors 72,373 107,543
77,518 113,719

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.25 31.3.24
value: £    £   
1,000 Ordinary £1 1,000 1,000

10. RESERVES
Fair
Retained value
earnings reserve Totals
£    £    £   

At 1 April 2024 367,837 669,182 1,037,019
Profit for the year 22,086 22,086
At 31 March 2025 389,923 669,182 1,059,105