ELMS & SONS LTD


Directors	ELMS, Amy
	ELMS, Rutland Arthur Burton


Registered Address	C/O Cwa Lockkeepers Cottage
	Unit 36, Hazlemere Marina
	Waltham Abbey
	EN9 1FJ


Registered Number	09779281 (England and Wales)

Balance Sheet as at
31 January 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		789,518		799,929
			789,518		799,929
Current assets
Debtors		1,500		1,500
Cash at bank and on hand		9,331		13,068
		10,831		14,568
Creditors amounts falling due within one year	4	(85,769)		(92,911)
Net current assets (liabilities)			(74,938)		(78,343)
Total assets less current liabilities			714,580		721,586
Creditors amounts falling due after one year	5		(621,833)		(638,421)
Net assets			92,747		83,165
Capital and reserves
Called up share capital			100		100
Profit and loss account			92,647		83,065
Shareholders' funds			92,747		83,165

The company was entitled to exemption from audit for this reporting period 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.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 12 November 2025, and are signed on its behalf by:

ELMS, Rutland Arthur Burton
Director
Registered Company No. 09779281

ELMS & SONS LTD

Notes to the Financial Statements
for the year ended 31 January 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from rendering of property management services.

	Tangible fixed assets and depreciation
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, as follows:


		Reducing balance (%)
	Fixtures and fittings	18
	Vehicles	18

	Trade and other debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Trade and other debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any
impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised
at transaction price including any transaction costs and subsequently measured at amortised cost
determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Trade and other creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	0		0

3.	Tangible fixed assets

	Land & buildings	Vehicles	Fixtures & fittings	Total
	£	£	£	£
Cost or valuation
At 01 February 24	742,088	97,029	1,016	840,133
At 31 January 25	742,088	97,029	1,016	840,133
Depreciation and impairment
At 01 February 24	-	39,647	557	40,204
Charge for year	-	10,329	82	10,411
At 31 January 25	-	49,976	639	50,615
Net book value
At 31 January 25	742,088	47,053	377	789,518
At 31 January 24	742,088	57,382	459	799,929

4.	Creditors: amounts due within one year

	2025	2024
	£	£
Taxation and social security	1,937	6,823
Other creditors	83,832	82,248
Accrued liabilities and deferred income	-	3,840
Total	85,769	92,911

5.	Creditors: amounts due after one year

	2025	2024
	£	£
Other creditors	621,833	638,421
Total	621,833	638,421

6.	Related party transactions
	Included in other creditors due within one year is an amount of £23,797.46 (2024: £21,631.00) due to Mr. Rutland Arthur Burton Elms, the director. Included in other creditors due after one year is an amount of £174,255.46 (2024: £172,642.38) due to Elms Partners Ltd, a sister concern.

7.	Controlling party
	The company considers Mr. Rutland Arthur Burton Elms and Mrs. Amy Elms to be its ultimate controlling parties.