Company Registration No. 13254653 (England and Wales)
James Elaine Ltd
Unaudited accounts
for the year ended 31 March 2025
James Elaine Ltd
Unaudited accounts
Contents
James Elaine Ltd
Company Information
for the year ended 31 March 2025
Directors
Elaine Staunton
James Staunton
Company Number
13254653 (England and Wales)
Registered Office
Sleepy Hollow
1 Broomleaf Corner
Farnham
GU9 8BG
United Kingdom
Accountants
Yukimi Rabnott FCPFA for and on behalf of
On The Spot
Trading Name of Carson Rabnott Limited
EC2Y 8BY
James Elaine Ltd
Statement of financial position
as at 31 March 2025
Investment property
315,000
295,620
Cash at bank and in hand
586
4,147
Creditors: amounts falling due within one year
(133,577)
(134,997)
Net current liabilities
(132,991)
(130,850)
Total assets less current liabilities
182,009
164,770
Creditors: amounts falling due after more than one year
(192,850)
(192,850)
Net liabilities
(10,841)
(28,080)
Called up share capital
10
10
Profit and loss account
(10,851)
(28,090)
Shareholders' funds
(10,841)
(28,080)
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 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 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 of Directors and authorised for issue on 24 December 2025 and were signed on its behalf by
Elaine Staunton
Director
Company Registration No. 13254653
James Elaine Ltd
Notes to the Accounts
for the year ended 31 March 2025
James Elaine Ltd is a private company, limited by shares, registered in England and Wales, registration number 13254653. The registered office is Sleepy Hollow, 1 Broomleaf Corner, Farnham, GU9 8BG, United Kingdom .
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.
Investment properties are measured at fair value. Any movements in fair value are recognised in arriving at the profit before tax.
Fair value at 1 April 2024
295,620
Net gain from fair value adjustments
19,380
The value of the property has been increased to reflect the increase in market value assessed by professional estate agents.
5
Creditors: amounts falling due within one year
2025
2024
Loans from directors
132,238
133,711
6
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
192,850
192,850
The company has a mortgage liability secured against the property. Mortgage liabilities are shown within creditors due after one year.
7
Transactions with related parties
There were no material transactions with directors and shareholders that were not conducted under normal market conditions. The amounts owed to the directors are included within creditors. These balances are payable on demand and no interest is charged.
James Elaine Ltd
Notes to the Accounts
for the year ended 31 March 2025
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).