ELEPHANT RESIDENTIAL LTD

Company Registration Number:
09931249 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

ELEPHANT RESIDENTIAL LTD

Contents of the Financial Statements

for the Period Ended 31 December 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

ELEPHANT RESIDENTIAL LTD

Company Information

for the Period Ended 31 December 2024




Director: Miron Istrate
Mioara Istrate
Secretary: Mioara Istrate
Registered office: 15 Hampton Street
Hampton Street
London
England
SE17 3AN
Company Registration Number: 09931249 (England and Wales)

ELEPHANT RESIDENTIAL LTD

Directors' Report Period Ended 31 December 2024

The directors present their report with the financial statements of the company for the period ended 31 December 2024

Principal Activities

The company's principal activity during the period was the the renting of three houses within a private estate in central London.

Political and charitable donations

No political or charitable donations were made during the period.

Company policy on the employment of disabled persons

There are no employees and the company is managed by its directors. The company policy is to employ disabled people wherever practical if this will be be needed in the future.

Directors

The directors shown below have held office during the whole of the period from 01 January 2024 to 31 December 2024
Miron Istrate
Mioara Istrate

Secretary
Mioara Istrate

This report was approved by the board of directors on 31 August 2025
And Signed On Behalf Of The Board By:

Name: Miron Istrate
Status: Director

Name: Mioara Istrate
Status: Director

ELEPHANT RESIDENTIAL LTD

Profit and Loss Account

for the Period Ended 31 December 2024


Notes

2024
£

2023
£
Gross Profit or (Loss) 122,385 137,130
Income from coronavirus (COVID-19) business support grants 0 0
Administrative Expenses ( 116,426 ) ( 27,877 )
Operating Profit or (Loss) 5,959 109,253
Profit or (Loss) Before Tax 5,959 109,253
Profit or (Loss) for Period 5,959 109,253

The notes form part of these financial statements

ELEPHANT RESIDENTIAL LTD

Balance sheet

As at 31 December 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 491,845 496,845
Total fixed assets: 491,845 496,845
Current assets
Cash at bank and in hand: 6,702 710
Total current assets: 6,702 710
Creditors: amounts falling due within one year: 5 ( 83,921 ) ( 108,836 )
Net current assets (liabilities): ( 77,219 ) ( 108,126 )
Total assets less current liabilities: 414,626 388,719
Creditors: amounts falling due after more than one year: ( 49,427 ) ( 133,348 )
Total net assets (liabilities): 365,199 255,371

The notes form part of these financial statements

ELEPHANT RESIDENTIAL LTD

Balance sheet continued

As at 31 December 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 365,099 255,271
Shareholders funds: 365,199 255,371

For the year ending 31 December 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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 31 August 2025
And Signed On Behalf Of The Board By:

Name: Miron Istrate
Status: Director

Name: Mioara Istrate
Status: Director

The notes form part of these financial statements

ELEPHANT RESIDENTIAL LTD

Notes to the Financial Statements

for the Period Ended 31 December 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

    Turnover policy

    The turnover represents amounts receivable for the period for renting of three properties within a private estate in central London.

ELEPHANT RESIDENTIAL LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 0 0

    The company is managed by its Directors that provide the maintenance, contracts, inventories check -ups, accounting and banking activities required for the operation of the business.
    All properties are registered as HMO with the Southwark Council.

ELEPHANT RESIDENTIAL LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 3. Off balance sheet disclosure

    No

ELEPHANT RESIDENTIAL LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Tangible Assets

Total
Cost £
At 01 January 2024 511,845
Additions -
Disposals -
Revaluations -
Transfers -
At 31 December 2024 511,845
Depreciation
At 01 January 2024 15,000
Charge for year 5,000
On disposals -
Other adjustments -
At 31 December 2024 20,000
Net book value
At 31 December 2024 491,845
At 31 December 2023 496,845

ELEPHANT RESIDENTIAL LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Creditors: amounts falling due within one year note

The Directors are the company creditors.
They provided the company with a total capital investment of £552,539.00 at 31/12/2018 through 'Loans to the business by Directors' obtained from private mortgages.
The Directors loan account is reduced yearly by an annual amount that is available in the turnover and that does not affect the continuation of the company business.