| REGISTERED NUMBER: |
| FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30 MARCH 2025 |
| FOR |
| ELM PARK PROPERTIES LTD |
| REGISTERED NUMBER: |
| FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30 MARCH 2025 |
| FOR |
| ELM PARK PROPERTIES LTD |
| ELM PARK PROPERTIES LTD (REGISTERED NUMBER: 03479915) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30 MARCH 2025 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| ELM PARK PROPERTIES LTD |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 30 MARCH 2025 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| Turnpike House |
| 1208/1210 London Road |
| Leigh on Sea |
| Essex |
| SS9 2UA |
| ELM PARK PROPERTIES LTD (REGISTERED NUMBER: 03479915) |
| BALANCE SHEET |
| 30 MARCH 2025 |
| 2025 | 2024 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| Investment property | 5 |
| CURRENT ASSETS |
| Debtors | 6 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
8 |
( |
) |
| PROVISIONS FOR LIABILITIES | 10 | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 11 |
| Share premium | 12 |
| Retained earnings | 12 |
| SHAREHOLDERS' FUNDS |
| The director acknowledges his 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. |
| ELM PARK PROPERTIES LTD (REGISTERED NUMBER: 03479915) |
| BALANCE SHEET - continued |
| 30 MARCH 2025 |
| The financial statements were approved by the director and authorised for issue on |
| ELM PARK PROPERTIES LTD (REGISTERED NUMBER: 03479915) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30 MARCH 2025 |
| 1. | STATUTORY INFORMATION |
| ELM PARK PROPERTIES LTD is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Tangible fixed assets |
| Fixtures and fittings | - |
| Motor vehicles | - |
| Computer equipment | - |
| The company has not provided for depreciation on its freehold properties as the Directors are of the opinion that the properties will continue to be maintained to their current standard, and are therefore only likely to appreciate in value. |
| 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 Income Statement, 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. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was NIL (2024 - |
| ELM PARK PROPERTIES LTD (REGISTERED NUMBER: 03479915) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 30 MARCH 2025 |
| 4. | TANGIBLE FIXED ASSETS |
| Fixtures |
| and | Motor | Computer |
| fittings | vehicles | equipment | Totals |
| £ | £ | £ | £ |
| COST |
| At 31 March 2024 |
| and 30 March 2025 |
| DEPRECIATION |
| At 31 March 2024 |
| Charge for year |
| At 30 March 2025 |
| NET BOOK VALUE |
| At 30 March 2025 |
| At 30 March 2024 |
| 5. | INVESTMENT PROPERTY |
| Total |
| £ |
| FAIR VALUE |
| At 31 March 2024 |
| and 30 March 2025 |
| NET BOOK VALUE |
| At 30 March 2025 |
| At 30 March 2024 |
| Fair value at 30 March 2025 is represented by: |
| £ |
| Valuation in 2016 | 389,000 |
| Valuation in 2017 | 72,000 |
| Cost | 293,790 |
| 754,790 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Trade debtors |
| Other debtors |
| Directors' current accounts | - | 3,747 |
| ELM PARK PROPERTIES LTD (REGISTERED NUMBER: 03479915) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 30 MARCH 2025 |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Hire purchase contracts |
| Tax | ( |
) |
| Social security and other taxes | ( |
) | ( |
) |
| Other creditors |
| Directors' current accounts | 972 | - |
| 8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Hire purchase contracts |
| 9. | SECURED DEBTS |
| The following secured debts are included within creditors: |
| 2025 | 2024 |
| £ | £ |
| Hire purchase contracts | 24,956 | 32,001 |
| The hire purchase is secured against the asset to which it relates. |
| 10. | PROVISIONS FOR LIABILITIES |
| 2025 | 2024 |
| £ | £ |
| Deferred tax | 47,887 | 47,887 |
| Deferred |
| tax |
| £ |
| Balance at 31 March 2024 |
| Balance at 30 March 2025 |
| 11. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2025 | 2024 |
| value: | £ | £ |
| ORDINARY | £1 | 82,500 | 82,500 |
| ELM PARK PROPERTIES LTD (REGISTERED NUMBER: 03479915) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 30 MARCH 2025 |
| 12. | RESERVES |
| Retained | Share |
| earnings | premium | Totals |
| £ | £ | £ |
| At 31 March 2024 | 876,456 |
| Profit for the year |
| Dividends | ( |
) | ( |
) |
| At 30 March 2025 | 909,406 |