ELS Estates Europe Limited - Filleted accounts

Registered number

16398433

ELS Estates Europe Limited

Filleted Accounts

30 April 2026

ELS Estates Europe Limited
Registered number:		16398433
Balance Sheet
as at 30 April 2026

Notes			2026
£
Fixed assets
Investment property	3		429,383

Current assets
Debtors	4	10
Cash at bank and in hand		5,653
		5,663

Creditors: amounts falling due within one year	5	(1,200)

Net current assets			4,463

Total assets less current liabilities			433,846

Creditors: amounts falling due after more than one year	6		(450,300)



Net liabilities			(16,454)

Capital and reserves
Share premium			10
Profit and loss account			(16,464)

Shareholders' funds			(16,454)

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their 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 and delivered 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.




Mr W De Klerk
Director
Approved by the board on 19 May 2026

ELS Estates Europe Limited
Notes to the Accounts
for the period from 22 April 2025 to 30 April 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Investement properties
	The investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice 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 (which is usually the invoice 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 (ie liabilities of uncertain timing or amount) 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	Employees	2026
Number

	Average number of persons employed by the company	2


3	Investment property		£

	Cost
	Additions		429,383
	At 30 April 2026		429,383


	Net book value
	At 30 April 2026		429,383

	The investment property is shown at purchase price made during the year.


4	Debtors	2026
£

	Other debtors	10


5	Creditors: amounts falling due within one year	2026
£

	Other creditors	1,200


6	Creditors: amounts falling due after one year	2026
£

	Bank loans	299,300
	Amounts owed to group undertakings and undertakings in which the company has a participating interest	151,000
		450,300


7	Loans	2026
£
	Creditors include:
	Amounts payable otherwise than by instalment falling due for payment after more than five years	299,300


	Secured bank loans	299,300

	A charge over the properties.


8	Other information

	ELS Estates Europe Limited is a private company limited by shares and incorporated in England. Its registered office is:
	18 Summerdale Road
	Hove
	BN3 8LG