REGISTERED NUMBER: 03716789 (England and Wales)

ELTERWATER INVESTMENTS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs P A Cottrell

Mrs S E Calder

Mrs V Yearsley

Mrs E Greenwood

T P Greenwood

SECRETARY:

Mrs S E Calder

REGISTERED OFFICE:

Clarke Nicklin House

Brooks Drive

Cheadle Royal Business Park

Cheadle

Cheshire

SK8 3TD

REGISTERED NUMBER:

03716789 (England and Wales)

ACCOUNTANTS:

Clarke Nicklin LLP

Chartered Accountants

Clarke Nicklin House

Brooks Drive

Cheadle Royal Business Park

Cheadle

Cheshire

SK8 3TD

FIXED ASSETS

Tangible assets

4

-

672

Investment property

5

1,902,833

1,902,833

1,902,833

1,903,505

CURRENT ASSETS

Debtors

6

22,006

66,129

Cash at bank

55,169

25,574

77,175

91,703

CREDITORS

Amounts falling due within one year

7

140,816

167,279

NET CURRENT LIABILITIES

(63,641

)

(75,576

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,839,192

1,827,929

PROVISIONS FOR LIABILITIES

8

171,969

171,969

NET ASSETS

1,667,223

1,655,960

CAPITAL AND RESERVES

Called up share capital

1,150

1,150

Share premium

302,409

302,409

Capital redemption reserve

501

501

Retained earnings

1,363,163

1,351,900

SHAREHOLDERS' FUNDS

1,667,223

1,655,960

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 directors acknowledge their 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 December 2025 and were signed on its behalf by:

Mrs E Greenwood - Director

1.	STATUTORY INFORMATION

Elterwater Investments 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Going concern

The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The directors have reached this conclusion giving due consideration to the projected future performance of the company and any potential risk that might impact the company's ability to meet its required solvency levels. For this reason, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover represents rents on land and buildings, exclusive of value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Office equipment

-

20% 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 Statement of Income and Retained Earnings, 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Office

equipment

£

COST

At 1 April 2024

13,629

Disposals

(13,629

)

At 31 March 2025

-

DEPRECIATION

At 1 April 2024

12,957

Eliminated on disposal

(12,957

)

At 31 March 2025

-

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

672

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

1,902,833

NET BOOK VALUE

At 31 March 2025

1,902,833

At 31 March 2024

1,902,833

Fair value at 31 March 2025 is represented by:

£

Valuation in 2025

1,902,833

If investment property had not been revalued it would have been included at the following historical cost:

2025

2024

£

£

Cost

743,687

743,687

Investment property was valued on an open market basis on 31 March 2025 by the directors .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Debtors

21,667

64,717

Other debtors

-

1,412

Value added tax

339

-

22,006

66,129

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Deferred income

41,984

41,018

Amounts owed to group undertakings

91,454

91,454

Corporation tax

2,856

10,985

Social security and other taxes

-

2,027

Value added tax

-

4,062

Other creditors

-

8,253

Accruals

4,522

9,480

140,816

167,279

8.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

171,969

171,969

Deferred

tax

£

Balance at 1 April 2024

171,969

Balance at 31 March 2025

171,969

9.	CONTROLLING PARTY

The company is under the control of Elterwater Holdings Limited who own 76% of the issued shares.