Elmridge Pippin Ltd 31/03/2025 iXBRL

Company registration number: 13965602

Elmridge Pippin Ltd

Unaudited filleted financial statements

31 March 2025

Elmridge Pippin Ltd

Contents

Directors and other information

Accountants report

Statement of financial position

Statement of changes in equity

Notes to the financial statements

Elmridge Pippin Ltd

Directors and other information


	Director	Mr A Stowell


	Company number	13965602


	Registered office	2 Old School
		The Common
		Redbourn
		St Albans
		AL3 7NG


	Business address	2 Old School
		The Common
		Redbourn
		St Albans
		AL3 7NG


	Accountants	Hardcastle Blake
		19 New Road
		Drayton Parslow
		Milton Keynes
		MK17 0JH

Elmridge Pippin Ltd

Chartered accountants report to the director on the preparation of the

unaudited statutory financial statements of Elmridge Pippin Ltd

Year ended 31 March 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Elmridge Pippin Ltd for the year ended 31 March 2025 which comprise the statement of financial position, statement of changes in equity and related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com /en/members/regulations-standards-and-guidance/.

This report is made solely to the director of Elmridge Pippin Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Elmridge Pippin Ltd and state those matters that we have agreed to state to them, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Elmridge Pippin Ltd and its director as a body for our work or for this report.

It is your duty to ensure that Elmridge Pippin Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Elmridge Pippin Ltd. You consider that Elmridge Pippin Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Elmridge Pippin Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Hardcastle Blake

ICAEW

19 New Road

Drayton Parslow

Milton Keynes

MK17 0JH

31 December 2025

Elmridge Pippin Ltd

Statement of financial position

31 March 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Investments	4	-		682,821
		_______		_______
			-		682,821

Current assets
Debtors	5	-		36,569
Cash at bank and in hand		104,827		4,181
		_______		_______
		104,827		40,750
Creditors: amounts falling due
within one year	6	( 104,996)		( 38,500)
		_______		_______
Net current (liabilities)/assets			( 169)		2,250
			_______		_______
Total assets less current liabilities			( 169)		685,071

Creditors: amounts falling due
after more than one year	7		-		( 685,185)
			_______		_______
Net liabilities			( 169)		( 114)
			_______		_______

Capital and reserves
Called up share capital			100		100
Profit and loss account			( 269)		( 214)
			_______		_______
Shareholder deficit			( 169)		( 114)
			_______		_______

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.

Director's responsibilities:

- The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

- The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 31 December 2025 , and are signed on behalf of the board by:

Mr A Stowell

Director

Company registration number: 13965602

Elmridge Pippin Ltd

Statement of changes in equity

Year ended 31 March 2025

	Called up share capital	Profit and loss account	Total
	£	£	£


At 1 April 2023	100	( 195)	( 95)

Loss for the year		( 19)	( 19)
	_______	_______	_______
Total comprehensive income for the year	-	( 19)	( 19)

	_______	_______	_______
At 31 March 2024 and 1 April 2024	100	( 214)	( 114)

Loss for the year		( 55)	( 55)
	_______	_______	_______
Total comprehensive income for the year	-	( 55)	( 55)

	_______	_______	_______
At 31 March 2025	100	( 269)	( 169)
	_______	_______	_______

Elmridge Pippin Ltd

Notes to the financial statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 2 Old School, The Common, Redbourn, St Albans, AL3 7NG.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for rents receiveable

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Fixed asset investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses. Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.

4. Investments

	Other investments other than loans	Total
	£	£
Cost
At 1 April 2024	682,821	682,821
Disposals	( 682,821)	( 682,821)
	_______	_______
At 31 March 2025	-	-
	_______	_______
Impairment
At 1 April 2024 and 31 March 2025	-	-
	_______	_______
Carrying amount
At 31 March 2025	-	-
	_______	_______
At 31 March 2024	682,821	682,821
	_______	_______

5. Debtors

	2025	2024
	£	£
Amounts owed by group	-	27,254
Other debtors	-	9,315
	_______	_______
	-	36,569
	_______	_______

6. Creditors: amounts falling due within one year

	2025	2024
	£	£
Amounts owed to group	60,496	-
Other creditors	44,500	38,500
	_______	_______
	104,996	38,500
	_______	_______

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

	2025	2024
	£	£
Bank loans and overdrafts	-	685,185
	_______	_______

The bank loan is secured against the investment property.

Included within creditors: amounts falling due after more than one year is an amount of £ - (2024 £ 685,185 ) in respect of liabilities payable or repayable otherwise than by instalments which fall due for payment after more than five years from the reporting date.

The loan is an interest only mortgage with a current term of 25 years.

8. Related party transactions

During the year the company entered into the following transactions with related parties:

	Transaction value		Balance owed by/(owed to)
	2025	2024	2025	2024
	£	£	£	£
Loftus Consulting Limited	-	-	( 16,500)	( 16,500)
Elmridge Developments Limited	-	18,000	( 18,000)	( 18,000)
Elmridge Orchard	87,550	-	( 60,496)	27,254
	_______	_______	_______	_______

Loftus Consulting Limited in 2023 and Elmridge Developments Limited in 2024 provided ground maintenance and general property management services to the company. During the year the property was sold and the residual profit was transferred to the parent company, Elmridge Orchard Limited .

9. Controlling party

The company is a subsidiary of Elmridge Orchard Limited - that shares the same registered office. The ultimate controlling party is Mr A Stowell - Director