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Company Registration No. 13987032 (England and Wales)
Elementra Ltd. Unaudited accounts for the year ended 31 March 2026
Elementra Ltd. Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Elementra Ltd. Company Information for the year ended 31 March 2026
Directors
Dr Nasser Bani Hassan Mrs Nazila Danesh
Company Number
13987032 (England and Wales)
Registered Office
45 Drayton Avenue Orpington BR6 8JN England
Accountants
GMT Accounting Ltd 5 Sedcombe Close Sidcup Kent DA14 4QG
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Elementra Ltd. Statement of financial position as at 31 March 2026
2026
2025
Notes
£
£
Fixed assets
Tangible assets
4
1,151
-
Current assets
Debtors
5
73
141
Investments
6
(775)
64,585
Cash at bank and in hand
78,977
102,834
78,275
167,560
Net current assets
78,275
167,560
Net assets
79,426
167,560
Capital and reserves
Called up share capital
100
100
Profit and loss account
79,326
167,460
Shareholders' funds
79,426
167,560
For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 24 June 2026 and were signed on its behalf by
Dr Nasser Bani Hassan Director Company Registration No. 13987032
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Elementra Ltd. Notes to the Accounts for the year ended 31 March 2026
1
Statutory information
Elementra Ltd. is a private company, limited by shares, registered in England and Wales, registration number 13987032. The registered office is 45 Drayton Avenue, Orpington, BR6 8JN, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The financial statements have been prepared under the historical cost convention except for investments held at fair value through profit or loss.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
3 year straight line
Investments
The company holds a portfolio of listed investments through Interactive Brokers. Listed investments are measured at fair value at the reporting date, with gains and losses recognised in profit or loss. Investment income comprises dividends and interest received or receivable. Realised gains and losses on disposal of investments are presented under the heading “Gain/loss on sale of tangible assets”. Unrealised gains and losses arising from changes in fair value are presented under the heading “Gain/loss from revaluation of tangible assets”. These headings are prescribed by the accounts production system and do not relate to tangible fixed assets. Brokerage commissions directly attributable to investment transactions are netted against realised gains and losses in accordance with the company’s accounting policy.
Cash and cash equivalents
Cash and cash equivalents include cash at bank, cash held with brokers, and other short-term highly liquid investments with original maturities of three months or less. The Interactive Brokers cash balance is treated as cash at bank and in hand in these financial statements, as it is available on demand for trading or withdrawal.
Financial instruments
Financial assets are measured at fair value through profit and loss where they are held for trading. Other basic financial assets and liabilities are initially recognised at transaction price and subsequently measured at amortised cost.
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Elementra Ltd. Notes to the Accounts for the year ended 31 March 2026
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 April 2025
-
-
-
Additions
1,412
150
1,562
At 31 March 2026
1,412
150
1,562
Depreciation
Charge for the year
393
18
411
At 31 March 2026
393
18
411
Net book value
At 31 March 2026
1,019
132
1,151
5
Debtors
2026
2025
£
£
Amounts falling due within one year
Accrued income and prepayments
73
71
Other debtors
-
70
73
141
6
Investments held as current assets
2026
2025
£
£
Listed investments
(775)
64,585
Listed investments represent the fair value of open positions held through Interactive Brokers at the year end. The balance includes short positions which give rise to a net negative fair value of £775.
7
Average number of employees
During the year the average number of employees was 2 (2025: 2).
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