Elkolet Humanitarian Developers Ltd

Elkolet Humanitarian Developers Ltd
Registered number:		09903832
Statement of Financial Position
as at 31 March 2025

Notes			2025			2024
£				£
Current assets
Debtors	5	357,510			157,219
Cash at bank and in hand		677			27
		358,187			157,246

Creditors: amounts falling due within one year	6	(649,847)			(446,184)

Net current liabilities			(291,660)			(288,938)

Net liabilities			(291,660)			(288,938)

Capital and reserves
Profit and loss account			(291,660)			(288,938)

Shareholder's funds			(291,660)			(288,938)

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Bryan D Knowles
Director
Approved by the board on 22 April 2026

Elkolet Humanitarian Developers Ltd
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102 Section 1a small entities, the financial reporting standard applicable in the UK and the Republic of Ireland.

	Going concern
	The company had retained losses as at the balance sheet date. The company is continuing to trade as the director and a related party charity are funding the company in the form of loans. These parties are planning to continue this financial support for the company for the foreseeable future.

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the recharge of costs incurred on behalf of customers. Turnover from the recharge of these costs is recognised by reference to the costs being settled on behalf of the customer.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	straight line over 4 years

	Debtors
	Short term debtors are measured at transaction price, less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price. Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.



2	Exceptional items		2025		2024
£				£

	Value adjustments on fixed assets and current asset investments		-		(42,750)
			-		(42,750)


3	Employees and directors		2025		2024
Number				Number

	Average number of directors and persons employed by the company		5		3


4	Tangible fixed assets
					Plant and machinery etc
£
	Cost
	At 1 April 2024				92,458
	At 31 March 2025				92,458

	Depreciation
	At 1 April 2024				92,458
	At 31 March 2025				92,458

	Net book value
	At 31 March 2025				-


5	Debtors		2025		2024
£				£

	Prepayments		4,000		4,000
	Accrued income		336,011		146,344
	Amounts owed by associated undertakings		6,875		6,875
	Other debtors		10,624		-
			357,510		157,219


6	Creditors: amounts falling due within one year		2025		2024
£				£

	Accruals		3,975		2,725
	Amounts owed to associated undertakings		97,144		71,891
	Other taxes and social security costs		13,785		8,779
	Other creditors		534,943		362,789
			649,847		446,184


7	Revaluation reserve		2025		2024
£				£

	At 1 April 2024		-		267,750
	Loss on revaluation of land and buildings		-		(267,750)

	At 31 March 2025		-		-


8	Other information

	Elkolet Humanitarian Developers Ltd is a private company limited by guarantee and incorporated in England. Its registered office is:
	The Elkolet Centre
	Mill Lane
	Alton
	Hampshire
	GU34 2QG