Company No: 11151316 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Intangible assets	3	105,826		114,407
Tangible assets	4	62,250		77,023
		168,076		191,430
Current assets
Stocks		2,150		2,150
Cash at bank and in hand		181,186		149,555
		183,336		151,705
Creditors: amounts falling due within one year	5	( 72,390)		( 56,827)
Net current assets		110,946		94,878
Total assets less current liabilities		279,022		286,308
Creditors: amounts falling due after more than one year	6	( 126,415)		( 156,841)
Provision for liabilities		( 15,563)		( 19,256)
Net assets		137,044		110,211
Capital and reserves
Called-up share capital	7	100		100
Profit and loss account		136,944		110,111
Total shareholders' funds		137,044		110,211

For the financial 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.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Elberry Ltd (registered number: 11151316) were approved and authorised for issue by the Board of Directors on 23 December 2025. They were signed on its behalf by:

Mrs A C J Aram Director

Mr B Aram Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Elberry Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Sigma House Oak View Close, Edginswell Park, Torquay, TQ2 7FF, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company's activities. The company recognises revenue when the value of the services provided to date can be reliably measured.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Goodwill

20 years straight line

Goodwill

Goodwill arises on business combination and represents any excess of consideration given over the fair value of the identifiable assets and liabilities acquired. Goodwill is initially recognised as an intangible asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight line basis over its useful economic life.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset over its expected useful life, as follows:

Plant and machinery	20 % reducing balance
Fixtures and fittings	20 % reducing balance

Leases

The Company as lessee
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Statement of Income and Retained Earnings over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	5		5

3. Intangible assets

	Goodwill		Total
	£		£
Cost
At 01 April 2024	171,613		171,613
At 31 March 2025	171,613		171,613
Accumulated amortisation
At 01 April 2024	57,206		57,206
Charge for the financial year	8,581		8,581
At 31 March 2025	65,787		65,787
Net book value
At 31 March 2025	105,826		105,826
At 31 March 2024	114,407		114,407

4. Tangible assets

	Plant and machinery		Fixtures and fittings		Total
	£		£		£
Cost
At 01 April 2024	30,881		93,079		123,960
Additions	0		789		789
At 31 March 2025	30,881		93,868		124,749
Accumulated depreciation
At 01 April 2024	4,551		42,386		46,937
Charge for the financial year	5,266		10,296		15,562
At 31 March 2025	9,817		52,682		62,499
Net book value
At 31 March 2025	21,064		41,186		62,250
At 31 March 2024	26,330		50,693		77,023

5. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank loans (secured £ 18,264)	28,264		23,163
Taxation and social security	34,841		24,460
Obligations under finance leases and hire purchase contracts (secured)	3,167		3,167
Other creditors	6,118		6,037
	72,390		56,827

6. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Bank loans (secured £ 119,747)	126,415		153,674
Obligations under finance leases and hire purchase contracts (secured)	0		3,167
	126,415		156,841

The bank loan is denominated in £ with a nominal interest rate of 4.2% and the final instalment is due on 31 May 2033. The carrying amount at the year end is £138,011

There is a floating charge covering all the property or undertakings of the company.

Hire Purchase liabilities are secured over the assets to which they relate to.

7. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each	100		100

8. Financial commitments

Commitments

Capital commitments are as follows:

	2025		2024
	£		£
Contracted for but not provided for:
Tangible fixed assets	43,980		69,030