Company Registration No. 10062361 (England and Wales)
Elect Properties Ltd
Unaudited accounts
for the year ended 31 March 2025
Elect Properties Ltd
Unaudited accounts
Contents
Elect Properties Ltd
Company Information
for the year ended 31 March 2025
Director
Carlive Clive Allen
Company Number
10062361 (England and Wales)
Registered Office
3 Rockcliffe Place
Birdcage Lane
Halifax
West Yorkshire
HX3 0JQ
England
Elect Properties Ltd
Statement of financial position
as at 31 March 2025
Investment property
1,073,053
1,073,053
Cash at bank and in hand
(2,712)
(942)
Creditors: amounts falling due within one year
(139,496)
(155,700)
Net current liabilities
(142,208)
(155,867)
Total assets less current liabilities
930,845
917,186
Creditors: amounts falling due after more than one year
(929,856)
(841,844)
Called up share capital
1,000
1,000
Profit and loss account
(11)
74,342
Shareholders' funds
989
75,342
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 9 December 2025 and were signed on its behalf by
Carlive Clive Allen
Director
Company Registration No. 10062361
Elect Properties Ltd
Notes to the Accounts
for the year ended 31 March 2025
Elect Properties Ltd is a private company, limited by shares, registered in England and Wales, registration number 10062361. The registered office is 3 Rockcliffe Place, Birdcage Lane, Halifax, West Yorkshire, HX3 0JQ, England.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
4
Tangible fixed assets
Fixtures & fittings
Fair value at 1 April 2024
1,073,053
At 31 March 2025
1,073,053
Amounts falling due within one year
Elect Properties Ltd
Notes to the Accounts
for the year ended 31 March 2025
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
8,046
21,690
Taxes and social security
2,141
11,120
Other creditors
75,331
112,537
Loans from directors
43,978
347
8
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
929,856
841,844
9
Average number of employees
During the year the average number of employees was 0 (2024: 0).