Elmwood Croydon Ltd Filleted Accounts Cover |
Company No. 13947003 | |||||||||
Elmwood Croydon Ltd Directors Report Registrar |
The Directors present their report and the accounts for the year ended 31 July 2024. | |||||||||
Principal activities | |||||||||
Directors | |||||||||
The Directors who served at any time during the year were as follows: | |||||||||
G.H. Phillips | |||||||||
J.F. Phillips | |||||||||
Signed on behalf of the board | |||||||||
J.F. Phillips | |||||||||
Director | |||||||||
24 July 2025 | |||||||||
Elmwood Croydon Ltd Balance Sheet Registrar |
at | ||||||||||
Company No. | Notes | 2024 | 2023 | |||||||
£ | £ | |||||||||
Fixed assets | ||||||||||
Tangible assets | 4 | |||||||||
Current assets | ||||||||||
Debtors | 5 | |||||||||
Cash at bank and in hand | ||||||||||
Creditors: Amount falling due within one year | 6 | ( | ( | |||||||
Net current (liabilities)/assets | ( | |||||||||
Total assets less current liabilities | ||||||||||
Creditors: Amounts falling due after more than one year | 7 | ( | ( | |||||||
Net liabilities | ( | ( | ||||||||
Capital and reserves | ||||||||||
Called up share capital | ||||||||||
Profit and loss account | 9 | ( | ( | |||||||
Total equity | ( | ( | ||||||||
As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account. | ||||||||||
Approved by the board on 24 July 2025 and signed on its behalf by: | ||||||||||
J.F. Phillips | ||||||||||
Director | ||||||||||
24 July 2025 | ||||||||||
Elmwood Croydon Ltd Notes to the Accounts Registrar |
for the year ended 31 July 2024 | ||||||||||||||
1 | General information | |||||||||||||
Elmwood Croydon Ltd is a private company limited by shares and incorporated in England and Wales. | ||||||||||||||
Its registered number is: 13947003 | ||||||||||||||
Its registered office is: | ||||||||||||||
2 | Accounting policies | |||||||||||||
Turnover | ||||||||||||||
Revenue from the sale of goods is recognised when all the following conditions are satisfied: • the Company has transferred to the buyer the significant risks and rewards of ownership of the goods; • the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold; • the amount of revenue can be measured reliably; • it is probable that the economic benefits associated with the transaction will flow to the Company; and • the costs incurred or to be incurred in respect of the transaction can be measured reliably. Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed. | ||||||||||||||
Taxation | ||||||||||||||
Income tax expense represents the sum of the tax currently payable. The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. Current tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively. | ||||||||||||||
Trade and other debtors | ||||||||||||||
Trade and other creditors | ||||||||||||||
Leased assets | ||||||||||||||
Leases which do not transfer substantially all the risks and rewards of ownership to the Company are classified as operating leases. Assets held under finance leases are initially recognised as assets of the Company at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately in profit or loss, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the Company's policy on borrowing costs (see the accounting policy above). Assets held under finance leases are depreciated in the same way as owned assets. Operating lease payments are recognised as an expense on a straight-line basis over the lease term. In the event that lease incentives are received to enter into operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis. | ||||||||||||||
3 | Employees | |||||||||||||
2024 | 2023 | |||||||||||||
Number | Number | |||||||||||||
The average monthly number of employees (including directors) during the year was: | ||||||||||||||
4 | Tangible fixed assets | |||||||||||||
Land and buildings | Total | |||||||||||||
£ | £ | |||||||||||||
Cost or revaluation | ||||||||||||||
At 1 August 2023 | ||||||||||||||
At 31 July 2024 | ||||||||||||||
Depreciation | ||||||||||||||
Charge for the year | ||||||||||||||
At 31 July 2024 | ||||||||||||||
Net book values | ||||||||||||||
At 31 July 2024 | ||||||||||||||
At 31 July 2023 | 4,268,308 | |||||||||||||
5 | Debtors | |||||||||||||
2024 | 2023 | |||||||||||||
£ | £ | |||||||||||||
Other debtors | ||||||||||||||
Prepayments and accrued income | ||||||||||||||
6 | Creditors: | |||||||||||||
amounts falling due within one year | ||||||||||||||
2024 | 2023 | |||||||||||||
£ | £ | |||||||||||||
Trade creditors | ||||||||||||||
Other creditors | ||||||||||||||
7 | Creditors: | |||||||||||||
amounts falling due after more than one year | ||||||||||||||
2024 | 2023 | |||||||||||||
£ | £ | |||||||||||||
Other loans from associated Companies & LLP's | ||||||||||||||
Amounts owed to associated companies | ||||||||||||||
8 | Share Capital | |||||||||||||
Ordinary £1 shares, nil paid | ||||||||||||||
9 | Reserves | |||||||||||||