IRIS Accounts Production v25.4.12.37 15191178 Board of Directors Board of Directors 1.11.24 30.11.25 30.11.25 false true false false true false Ordinary 1.00000 Ordinary A 1.00000 Ordinary B 1.00000 Ordinary C 1.00000 Ordinary D 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 15191178 2024-10-31 15191178 2025-11-30 15191178 2024-11-01 2025-11-30 15191178 2023-10-04 15191178 2023-10-05 2024-10-31 15191178 2024-10-31 15191178 ns15:EnglandWales 2024-11-01 2025-11-30 15191178 ns14:PoundSterling 2024-11-01 2025-11-30 15191178 ns10:Director1 2024-11-01 2025-11-30 15191178 ns10:Director2 2024-11-01 2025-11-30 15191178 ns10:PrivateLimitedCompanyLtd 2024-11-01 2025-11-30 15191178 ns10:SmallEntities 2024-11-01 2025-11-30 15191178 ns10:AuditExempt-NoAccountantsReport 2024-11-01 2025-11-30 15191178 ns10:SmallCompaniesRegimeForDirectorsReport 2024-11-01 2025-11-30 15191178 ns10:SmallCompaniesRegimeForAccounts 2024-11-01 2025-11-30 15191178 ns10:FullAccounts 2024-11-01 2025-11-30 15191178 ns10:OrdinaryShareClass1 2024-11-01 2025-11-30 15191178 ns10:OrdinaryShareClass2 2024-11-01 2025-11-30 15191178 ns10:OrdinaryShareClass3 2024-11-01 2025-11-30 15191178 ns10:OrdinaryShareClass4 2024-11-01 2025-11-30 15191178 ns10:OrdinaryShareClass5 2024-11-01 2025-11-30 15191178 ns10:Director3 2024-11-01 2025-11-30 15191178 ns10:Director4 2024-11-01 2025-11-30 15191178 ns10:RegisteredOffice 2024-11-01 2025-11-30 15191178 ns5:CurrentFinancialInstruments 2025-11-30 15191178 ns5:CurrentFinancialInstruments 2024-10-31 15191178 ns5:Non-currentFinancialInstruments 2025-11-30 15191178 ns5:Non-currentFinancialInstruments 2024-10-31 15191178 ns5:ShareCapital 2025-11-30 15191178 ns5:ShareCapital 2024-10-31 15191178 ns5:RetainedEarningsAccumulatedLosses 2025-11-30 15191178 ns5:RetainedEarningsAccumulatedLosses 2024-10-31 15191178 ns5:PlantMachinery 2024-11-01 2025-11-30 15191178 ns5:MotorVehicles 2024-11-01 2025-11-30 15191178 ns5:PlantMachinery 2025-11-30 15191178 ns5:MotorVehicles 2025-11-30 15191178 ns5:LeasedAssetsHeldAsLessee ns5:PlantMachinery 2024-11-01 2025-11-30 15191178 ns5:LeasedAssetsHeldAsLessee ns5:PlantMachinery 2025-11-30 15191178 ns5:CostValuation 2024-10-31 15191178 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-11-30 15191178 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-10-31 15191178 ns10:OrdinaryShareClass1 2025-11-30 15191178 ns10:OrdinaryShareClass2 2025-11-30 15191178 ns10:OrdinaryShareClass3 2025-11-30 15191178 ns10:OrdinaryShareClass4 2025-11-30 15191178 ns10:OrdinaryShareClass5 2025-11-30 15191178 ns10:Director1 1 2024-10-31 15191178 ns10:Director1 1 2023-10-04 15191178 ns10:Director1 1 2024-11-01 2025-11-30 15191178 ns10:Director1 1 2023-10-05 2024-10-31 15191178 ns10:Director1 1 2025-11-30 15191178 ns10:Director1 1 2024-10-31 15191178 ns10:Director4 4 2024-10-31 15191178 ns10:Director4 4 2023-10-04 15191178 ns10:Director4 4 2024-11-01 2025-11-30 15191178 ns10:Director4 4 2023-10-05 2024-10-31 15191178 ns10:Director4 4 2025-11-30 15191178 ns10:Director4 4 2024-10-31

REGISTERED NUMBER: 15191178 (England and Wales)

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE PERIOD |

| 1ST NOVEMBER 2024 TO 30TH NOVEMBER 2025 |

| FOR |

| ELGAR HOLDINGS LTD |

| ELGAR HOLDINGS LTD (REGISTERED NUMBER: 15191178) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE PERIOD 1ST NOVEMBER 2024 TO 30TH NOVEMBER 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| ELGAR HOLDINGS LTD |

COMPANY INFORMATION

FOR THE PERIOD 1ST NOVEMBER 2024 TO 30TH NOVEMBER 2025

| DIRECTORS: | G Elgar

| Mrs L Elgar

| S Elgar

| Mrs C Elgar

| REGISTERED OFFICE: | 2 The Links

| Herne Bay

| Kent

| CT6 7GQ

| BUSINESS ADDRESS: | Unit 2 Eden Business Centre

| South Stour Avenue

| Ashford

| Kent

| TN23 7RS

| REGISTERED NUMBER: | 15191178 (England and Wales)

| ACCOUNTANTS: | McCabe Ford Williams

| Chartered Accountants

| 2 The Links

| HERNE BAY

| Kent

| CT6 7GQ

| ELGAR HOLDINGS LTD (REGISTERED NUMBER: 15191178) |

BALANCE SHEET

30TH NOVEMBER 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 5 | 700,908 |  | - |  |

Investments | 6 | 101 |  | 101 |  |

701,009 |  | 101 |  |

CURRENT ASSETS

Debtors | 7 | 52,794 |  | - |  |

Cash at bank and in hand | 1,255,580 |  | 272,223 |  |

1,308,374 |  | 272,223 |  |

CREDITORS

Amounts falling due within one year | 8 | 1,782,857 |  | 264,338 |  |

NET CURRENT (LIABILITIES)/ASSETS | (474,483 | ) | 7,885 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 226,526 |  | 7,986 |  |

CREDITORS

Amounts falling due after more than one year | 9 | (47,848 | ) | - |  |

PROVISIONS FOR LIABILITIES | (124,487 | ) | - |  |

NET ASSETS | 54,191 |  | 7,986 |  |

CAPITAL AND RESERVES

Called up share capital | 10 | 201 |  | 201 |  |

Retained earnings | 53,990 |  | 7,785 |  |

SHAREHOLDERS' FUNDS | 54,191 |  | 7,986 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30th November 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 30th November 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

| ELGAR HOLDINGS LTD (REGISTERED NUMBER: 15191178) |

BALANCE SHEET - continued

30TH NOVEMBER 2025

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 Board of Directors and authorised for issue on 31st March 2026 and were signed on its behalf by:

G Elgar - Director

Mrs L Elgar - Director

| ELGAR HOLDINGS LTD (REGISTERED NUMBER: 15191178) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD 1ST NOVEMBER 2024 TO 30TH NOVEMBER 2025

1. | STATUTORY INFORMATION

| Elgar Holdings 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.

| The presentation currency of the financial statements is the Pound Sterling (£).

2. | STATEMENT OF COMPLIANCE

| 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.

3. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| The financial statements have been prepared under the historical cost convention.

| Related party exemption

| The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

| 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

| Plant and machinery etc | - | 25% on reducing balance and 15% on reducing balance

| Taxation

| Taxation for the period 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 period 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

| Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

| The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

| Going concern

| The company has more than sufficient funds to meet short term third party creditors with the full support of group companies to meet obligations as they fall due.

| ELGAR HOLDINGS LTD (REGISTERED NUMBER: 15191178) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE PERIOD 1ST NOVEMBER 2024 TO 30TH NOVEMBER 2025

4. | EMPLOYEES AND DIRECTORS

| The average number of employees during the period was 4 (2024 - 4 ) .

5. | TANGIBLE FIXED ASSETS

| Plant and |  | Motor |

| machinery |  | vehicles |  | Totals

£ | £ | £ |

| COST

| Additions | 499,502 |  | 256,050 |  | 755,552 |  |

| Disposals | (11,425 | ) | - |  | (11,425 | ) |

| At 30th November 2025 | 488,077 |  | 256,050 |  | 744,127 |  |

| DEPRECIATION

| Charge for period | 23,464 |  | 19,755 |  | 43,219 |  |

| At 30th November 2025 | 23,464 |  | 19,755 |  | 43,219 |  |

| NET BOOK VALUE

| At 30th November 2025 | 464,613 |  | 236,295 |  | 700,908 |  |

| Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

| Plant and

| machinery

£ |

| COST

| Additions | 184,471 |  |

| At 30th November 2025 | 184,471 |  |

| DEPRECIATION

| Charge for period | 8,589 |  |

| At 30th November 2025 | 8,589 |  |

| NET BOOK VALUE

| At 30th November 2025 | 175,882 |  |

6. | FIXED ASSET INVESTMENTS

| Other

| investments

£ |

| COST

| At 1st November 2024

| and 30th November 2025 | 101 |  |

| NET BOOK VALUE

| At 30th November 2025 | 101 |  |

| At 31st October 2024 | 101 |  |

7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Other debtors | 52,794 |  | - |  |

| ELGAR HOLDINGS LTD (REGISTERED NUMBER: 15191178) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE PERIOD 1ST NOVEMBER 2024 TO 30TH NOVEMBER 2025

8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Hire purchase contracts | 63,612 |  | - |  |

| Trade creditors | 2 |  | - |  |

| Amounts owed to group undertakings | 1,715,317 |  | 250,000 |  |

| Taxation and social security | 538 |  | - |  |

| Other creditors | 3,388 |  | 14,338 |  |

1,782,857 |  | 264,338 |  |

9. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

£ | £ |

| Hire purchase contracts | 47,848 |  | - |  |

10. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 100 | Ordinary | £1 | 100 |  | 100 |  |

| 25 | Ordinary A | £1 | 25 |  | 25 |  |

| 1 | Ordinary B | £1 | 1 |  | 1 |  |

| 25 | Ordinary C | £1 | 25 |  | 25 |  |

| 25 | Ordinary D | £1 | 25 |  | 25 |  |

| 25 | Ordinary E | £1 | 25 |  | 25 |  |

201 |  | 201 |  |

11. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to directors subsisted during the periods ended 30th November 2025 and 31st October 2024:

2025 | 2024 |

£ | £ |

| G Elgar

| Balance outstanding at start of period | - |  | - |  |

| Amounts advanced | 44,300 |  | - |  |

| Amounts repaid | (15,419 | ) | - |  |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of period | 28,881 |  | - |  |

| Mrs C Elgar

| Balance outstanding at start of period | - |  | - |  |

| Amounts advanced | 78,696 |  | - |  |

| Amounts repaid | (59,496 | ) | - |  |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of period | 19,200 |  | - |  |