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REGISTERED NUMBER: 01501218 (England and Wales)


















Financial Statements

for the Year Ended 31 January 2025

for

Elizabeth Securities Limited

Elizabeth Securities Limited (Registered number: 01501218)






Contents of the Financial Statements
for the Year Ended 31 January 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Elizabeth Securities Limited

Company Information
for the Year Ended 31 January 2025







DIRECTORS: R W Cattermole
A L Carter
R W Lang



REGISTERED OFFICE: Merchant House
33 Fore Street
Ipswich
Suffolk
IP4 1JL



REGISTERED NUMBER: 01501218 (England and Wales)



SENIOR STATUTORY AUDITOR: Jeffrey Stanley BSc(Econ) FCA



AUDITORS: Xeinadin Audit Limited
Statutory Auditor
Chartered Accountants
Lakeview House
4 Woodbrook Crescent
Billerciay
Essex
CM12 0EQ

Elizabeth Securities Limited (Registered number: 01501218)

Balance Sheet
31 January 2025

31.1.25 31.1.24
Notes £    £    £   
FIXED ASSETS
Investment property 4 429,000 429,000

CURRENT ASSETS
Debtors 5 269,017 266,640
Cash at bank 66,997 55,443
336,014 322,083
CREDITORS
Amounts falling due within one year 6 7,761 8,200
NET CURRENT ASSETS 328,253 313,883
TOTAL ASSETS LESS CURRENT
LIABILITIES

757,253

742,883

PROVISIONS FOR LIABILITIES 65,660 65,661
NET ASSETS 691,593 677,222

CAPITAL AND RESERVES
Called up share capital 7 200 200
Fair value reserve 8 294,821 294,821
Retained earnings 396,572 382,201
SHAREHOLDERS' FUNDS 691,593 677,222

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 Board of Directors and authorised for issue on 21 July 2025 and were signed on its behalf by:





R W Lang - Director


Elizabeth Securities Limited (Registered number: 01501218)

Notes to the Financial Statements
for the Year Ended 31 January 2025

1. STATUTORY INFORMATION

Elizabeth Securities 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. 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 is measured at the fair value of the rent and services consideration received or receivable net of VAT and trade discounts.

Investment property
Investment properties for which fair value can be measured reliably without undue cost or effort are measured at fair value at each reporting date with changes in fair value 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Financial instruments
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

Elizabeth Securities Limited (Registered number: 01501218)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 February 2024
and 31 January 2025 429,000
NET BOOK VALUE
At 31 January 2025 429,000
At 31 January 2024 429,000

Fair value at 31 January 2025 is represented by:
£   
Valuation in 2025 429,000

If the investment properties had not been revalued they would have been included at the following historical cost:

31.1.25 31.1.24
£    £   
Cost 68,519 68,519

The investment properties were revalued on a fair value basis by Countrywide, Chartered Surveyors. Approximately one third of properties are revalued as at each balance sheet date. Thus all investment properties are revalued at least once in any three year period. At the year end the director assesses those properties valued in prior years to ensure the value shown has not materially changed.

Revaluation gains of £Nil (2024: £11,600) have been included in profit and loss for the year and subsequently transferred to the fair value reserve.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.25 31.1.24
£    £   
Trade debtors 6,202 5,164
Amounts owed by group undertakings 262,815 261,476
269,017 266,640

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.25 31.1.24
£    £   
Trade creditors 63 560
Amounts owed to group undertakings 41 41
Taxation and social security 4,791 4,714
Other creditors 2,866 2,885
7,761 8,200

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.1.25 31.1.24
value: £    £   
200 Ordinary £1 200 200

Elizabeth Securities Limited (Registered number: 01501218)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025

8. RESERVES
Fair
value
reserve
£   
At 1 February 2024
and 31 January 2025 294,821

Fair value reserve relates to investment property revaluations, shown net of deferred tax.

9. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Jeffrey Stanley BSc(Econ) FCA (Senior Statutory Auditor)
for and on behalf of Xeinadin Audit Limited

10. PARENT UNDERTAKING

The parent undertaking is Elizabeth Holdings Plc. The parent undertaking shares its registered office with the company.

Copies of the group accounts can be obtained at Companies House, Cardiff, CF14 3UZ.