REGISTERED NUMBER: 07163601 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 May 2025

for

Element Building Management Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

R C Price

REGISTERED OFFICE:

Unit 394 Diagonal Alley

The Paintworks

Bristol

BS4 3AS

REGISTERED NUMBER:

07163601 (England and Wales)

ACCOUNTANTS:

Obsidian Accountancy Limited

Suite 9 Corum Two

Corum Office Park

Crown Way

Warmley

Bristol

BS30 8FJ

FIXED ASSETS

Tangible assets

4

191,219

182,689

CURRENT ASSETS

Debtors

5

269,794

296,717

Cash at bank and in hand

91,023

123,392

360,817

420,109

CREDITORS

Amounts falling due within one year

6

240,559

332,331

NET CURRENT ASSETS

120,258

87,778

TOTAL ASSETS LESS CURRENT LIABILITIES

311,477

270,467

CREDITORS

Amounts falling due after more than one year

7

3,886

18,635

NET ASSETS

307,591

251,832

CAPITAL AND RESERVES

Called up share capital

834

834

Share premium

25,470

25,470

Retained earnings

281,287

225,528

SHAREHOLDERS' FUNDS

307,591

251,832

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 in accordance with Section 476 of the Companies Act 2006.

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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 6 January 2026 and were signed by:

R C Price - Director

1.	STATUTORY INFORMATION

Element Building Management Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

4% on cost

Plant and machinery etc

-

33% on cost and 20% on reducing balance

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 18 (2024 - 16 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 June 2024

182,061

109,641

291,702

Additions

-

21,969

21,969

At 31 May 2025

182,061

131,610

313,671

DEPRECIATION

At 1 June 2024

19,420

89,593

109,013

Charge for year

3,641

9,798

13,439

At 31 May 2025

23,061

99,391

122,452

NET BOOK VALUE

At 31 May 2025

159,000

32,219

191,219

At 31 May 2024

162,641

20,048

182,689

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Trade debtors

242,026

269,305

Other debtors

27,768

27,412

269,794

296,717

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Bank loans and overdrafts

10,022

10,000

Hire purchase contracts (see note 8)

4,663

4,663

Trade creditors

64,513

139,741

Taxation and social security

159,212

172,536

Other creditors

2,149

5,391

240,559

332,331

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.5.25

31.5.24

£

£

Bank loans

-

10,086

Hire purchase contracts (see note 8)

3,886

8,549

3,886

18,635

8.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

31.5.25

31.5.24

£

£

Net obligations repayable:

Within one year

4,663

4,663

Between one and five years

3,886

8,549

8,549

13,212

Non-cancellable

operating leases

31.5.25

31.5.24

£

£

Between one and five years

27,268

56,890

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.5.25

31.5.24

£

£

Bank loans

10,022

20,086

Hire purchase contracts

8,549

13,212

18,571

33,298