Company Registration No. 12677393 (England and Wales)
Elm Properties (nw) Ltd
Unaudited accounts
for the year ended 31 March 2025
Elm Properties (nw) Ltd
Unaudited accounts
Contents
Elm Properties (nw) Ltd
Company Information
for the year ended 31 March 2025
Company Number
12677393 (England and Wales)
Registered Office
7 Southbrook Road
Bovey Tracey
Newton Abbot
Devon
TQ13 9YZ
England
Accountants
Sean Clarke Accountancy
7 Southbrook Road
Bovey Tracey
Devon
TQ13 9YZ
Elm Properties (nw) Ltd
Statement of financial position
as at 31 March 2025
Investment property
58,699
58,699
Cash at bank and in hand
845
9,367
Creditors: amounts falling due within one year
(19,209)
(25,121)
Net current liabilities
(18,364)
(15,754)
Total assets less current liabilities
41,385
42,945
Creditors: amounts falling due after more than one year
(36,750)
(36,750)
Called up share capital
102
102
Profit and loss account
4,533
6,093
Shareholders' funds
4,635
6,195
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 19 December 2025 and were signed on its behalf by
Emma Whittam
Director
Company Registration No. 12677393
Elm Properties (nw) Ltd
Notes to the Accounts
for the year ended 31 March 2025
Elm Properties (nw) Ltd is a private company, limited by shares, registered in England and Wales, registration number 12677393. The registered office is 7 Southbrook Road, Bovey Tracey, Newton Abbot, Devon, TQ13 9YZ, 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.
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.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
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:
Motor vehicles
25% Reducing Balance
4
Tangible fixed assets
Motor vehicles
Fair value at 1 April 2024
58,699
Elm Properties (nw) Ltd
Notes to the Accounts
for the year ended 31 March 2025
6
Creditors: amounts falling due within one year
2025
2024
Amounts owed to group undertakings and other participating interests
750
750
Taxes and social security
428
428
Other creditors
8,355
8,355
Loans from directors
9,676
15,588
7
Creditors: amounts falling due after more than one year
2025
2024
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).