Elsm Genesis ltd - Accounts

Elsm Genesis ltd
Contents Page
For the Period 10 June 2024 to 30 June 2025

Accountants' report	1
Statement of financial position	2
Notes to the financial statements	3

Elsm Genesis ltd Accountants' Report For the Period 10 June 2024 to 30 June 2025
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Elsm Genesis ltd for the year ended 30 June 2025. In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Elsm Genesis ltd for the year ended 30 June 2025 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the companys 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, we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/members/regulations-standards-and-guidance. This report is made solely to the Board of Directors of Elsm Genesis ltd , as a body, in accordance with the terms of our engagement letter dated 20 May 2026. Our work has been undertaken solely to prepare for your approval the accounts of Elsm Genesis ltd and state those matters that we have agreed to state to the Board of Directors of Elsm Genesis ltd , 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 Elsm Genesis ltd and its Board of Directors as a body for our work or for this report. It is your duty to ensure that Elsm Genesis ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Elsm Genesis ltd . You consider that Elsm Genesis 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 accounts of Elsm Genesis 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 accounts 30 June 2025. .................................................... aa Chartered Accountants 6 Blenheim Court Peppercorn Close Peterborough PE1 2DU 20 May 2026 1

Elsm Genesis ltd
Accountants' Report
For the Period 10 June 2024 to 30 June 2025

Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Elsm Genesis ltd for the year ended 30 June 2025.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Elsm Genesis ltd for the year ended 30 June 2025 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the companys 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, we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/members/regulations-standards-and-guidance.
This report is made solely to the Board of Directors of Elsm Genesis ltd , as a body, in accordance with the terms of our engagement letter dated 20 May 2026. Our work has been undertaken solely to prepare for your approval the accounts of Elsm Genesis ltd and state those matters that we have agreed to state to the Board of Directors of Elsm Genesis ltd , 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 Elsm Genesis ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Elsm Genesis ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Elsm Genesis ltd . You consider that Elsm Genesis 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 accounts of Elsm Genesis 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 accounts

30 June 2025.

....................................................
aa Chartered Accountants
6 Blenheim Court
Peppercorn Close
Peterborough
PE1 2DU
20 May 2026

1

Elsm Genesis ltd
Statement of Financial Position
As at 30 June 2025

	Notes	2025 £
Fixed assets
Tangible fixed assets	3	358,760
		358,760
Current assets
Debtors		162,387
Cash at bank and in hand		51,561
		213,948
Creditors: amount falling due within one year		(263,031)
Net current assets		(49,083)

Total assets less current liabilities		309,677
Creditors: amount falling due after more than one year		(329,868)
Net assets		(20,191)

Capital and reserves
Called up share capital	4	100
Profit and loss account		(20,291)
Shareholders' funds		(20,191)

For the period ended 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476.
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.

These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the board of directors on 20 May 2026 and were signed on its behalf by:

-------------------------------
Oliver Roworth
Director

2

Elsm Genesis ltd
Notes to the Abridged Financial Statements
For the Period 10 June 2024 to 30 June 2025

General Information

Elsm Genesis ltd is a private company, limited by shares, registered in England and Wales, registration number 15769904, registration address Roding House, 2 Victoria Road, Buckhurst Hill, Essex, IG9 5ES.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

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)

Going concern basis

The directors have prepared the financial statements on a going concern basis.

The company has developed a project which is intended for sale and is expected to generate a profit for the company. The directors have assessed the expected future cash flows arising from the sale of the project and are satisfied that the company will have adequate resources to continue in operational existence for the foreseeable future.

Accordingly, the directors continue to adopt the going concern basis in preparing the financial statements.

Investment properties

Investment properties are properties held to earn rentals and/or for capital appreciation.
Investment properties should be recognised initially at cost and subsequently investment properties are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise.

Fixed asset investments

Fixed asset investments are stated at cost less provision for any permanent diminution in value.

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the period was 2.

3.

Tangible fixed assets

Cost or valuation	Investment properties	Total
	£	£
At 10 June 2024	-	-
Additions	358,760	358,760
Disposals	-	-
At 30 June 2025	358,760	358,760
Depreciation
At 10 June 2024	-	-
Charge for period	-	-
On disposals	-	-
At 30 June 2025	-	-
Net book values
Closing balance as at 30 June 2025	358,760	358,760
Opening balance as at 10 June 2024	-	-

4.

Share Capital

Allotted, called up and fully paid	2025 £
100 Ordinary shares of £1.00 each	100
	100

3

Registered Number: 15769904
England and Wales
ELSM GENESIS LTD

Abridged Accounts

Period of accounts Start date: 10 June 2024 End date: 30 June 2025