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Company Registration No. 10503715 (England and Wales)
Elemental Club Ltd Unaudited accounts for the year ended 31 March 2025
Elemental Club Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Elemental Club Ltd Company Information for the year ended 31 March 2025
Director
Mr Timothy R Lincoln
Company Number
10503715 (England and Wales)
Registered Office
14a Market Place Romsey Hampshire SO51 8NA
Accountants
Karen A Sennitt FCA CTA The Newport Newport Lane, Braishfield Romsey Hampshire SO51 0PL
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Elemental Club Ltd Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Investment property
4
243,596
243,596
Current assets
Debtors
5
9,055
919
Cash at bank and in hand
37,139
32,801
46,194
33,720
Creditors: amounts falling due within one year
6
(22,960)
(24,873)
Net current assets
23,234
8,847
Total assets less current liabilities
266,830
252,443
Creditors: amounts falling due after more than one year
7
(70,833)
(90,833)
Net assets
195,997
161,610
Capital and reserves
Called up share capital
2
2
Profit and loss account
195,995
161,608
Shareholders' funds
195,997
161,610
For the year ending 31 March 2025 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 October 2025 and were signed on its behalf by
Mr Timothy R Lincoln Director Company Registration No. 10503715
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Elemental Club Ltd Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Elemental Club Ltd is a private company, limited by shares, registered in England and Wales, registration number 10503715. The registered office is 14a Market Place, Romsey, Hampshire, SO51 8NA.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Presentation currency
The accounts are presented in £ sterling.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
4
Investment property
2025
£
Fair value at 1 April 2024
243,596
At 31 March 2025
243,596
Investment property is shown at its most recent valuation. The director Mr T R Lincoln, valued the property on an open market basis on 31 March 2025 at £243,596 (2024: £243,596).
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
656
-
Accrued income and prepayments
919
919
Other debtors
7,480
-
9,055
919
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
1,547
2,914
Trade creditors
347
1,195
Taxes and social security
11,123
12,248
Accruals
9,024
8,516
Deferred income
919
-
22,960
24,873
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Elemental Club Ltd Notes to the Accounts for the year ended 31 March 2025
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Loans from directors
70,833
90,833
8
Transactions with related parties
As at 31 March 2025 the company owed Mr T R Lincoln, a director and shareholder, £70,833 (2024: £90,833) included within creditors due after more than one year.
9
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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