IRIS Accounts Production v26.1.10.61 11743316 director 1.4.25 31.3.26 31.3.26 false true false false false true false Ordinary 1.00000 Ordinary A 1.00000 Ordinary B 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 11743316 2025-03-31 11743316 2026-03-31 11743316 2025-04-01 2026-03-31 11743316 2024-03-31 11743316 2024-04-01 2025-03-31 11743316 2025-03-31 11743316 ns15:EnglandWales 2025-04-01 2026-03-31 11743316 ns14:PoundSterling 2025-04-01 2026-03-31 11743316 ns10:Director1 2025-04-01 2026-03-31 11743316 ns10:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 11743316 ns10:SmallEntities 2025-04-01 2026-03-31 11743316 ns10:AuditExempt-NoAccountantsReport 2025-04-01 2026-03-31 11743316 ns10:SmallCompaniesRegimeForDirectorsReport 2025-04-01 2026-03-31 11743316 ns10:SmallCompaniesRegimeForAccounts 2025-04-01 2026-03-31 11743316 ns10:FullAccounts 2025-04-01 2026-03-31 11743316 1 2025-04-01 2026-03-31 11743316 ns10:OrdinaryShareClass1 2025-04-01 2026-03-31 11743316 ns10:OrdinaryShareClass2 2025-04-01 2026-03-31 11743316 ns10:OrdinaryShareClass3 2025-04-01 2026-03-31 11743316 ns10:RegisteredOffice 2025-04-01 2026-03-31 11743316 ns5:CurrentFinancialInstruments 2026-03-31 11743316 ns5:CurrentFinancialInstruments 2025-03-31 11743316 ns5:Non-currentFinancialInstruments 2026-03-31 11743316 ns5:Non-currentFinancialInstruments 2025-03-31 11743316 ns5:ShareCapital 2026-03-31 11743316 ns5:ShareCapital 2025-03-31 11743316 ns5:RetainedEarningsAccumulatedLosses 2026-03-31 11743316 ns5:RetainedEarningsAccumulatedLosses 2025-03-31 11743316 ns5:IntangibleAssetsOtherThanGoodwill 2025-04-01 2026-03-31 11743316 ns5:DevelopmentCostsCapitalisedDevelopmentExpenditure 2025-04-01 2026-03-31 11743316 ns5:ComputerSoftware 2025-04-01 2026-03-31 11743316 ns5:OwnedOrFreeholdAssets ns5:LandBuildings 2025-04-01 2026-03-31 11743316 ns5:PlantMachinery 2025-04-01 2026-03-31 11743316 ns5:FurnitureFittings 2025-04-01 2026-03-31 11743316 ns5:MotorVehicles 2025-04-01 2026-03-31 11743316 ns5:ComputerEquipment 2025-04-01 2026-03-31 11743316 ns5:DevelopmentCostsCapitalisedDevelopmentExpenditure 2025-03-31 11743316 ns5:ComputerSoftware 2025-03-31 11743316 ns5:DevelopmentCostsCapitalisedDevelopmentExpenditure 2026-03-31 11743316 ns5:ComputerSoftware 2026-03-31 11743316 ns5:DevelopmentCostsCapitalisedDevelopmentExpenditure 2025-03-31 11743316 ns5:ComputerSoftware 2025-03-31 11743316 ns5:LandBuildings 2025-03-31 11743316 ns5:PlantMachinery 2025-03-31 11743316 ns5:FurnitureFittings 2025-03-31 11743316 ns5:LandBuildings 2025-04-01 2026-03-31 11743316 ns5:LandBuildings 2026-03-31 11743316 ns5:PlantMachinery 2026-03-31 11743316 ns5:FurnitureFittings 2026-03-31 11743316 ns5:LandBuildings 2025-03-31 11743316 ns5:PlantMachinery 2025-03-31 11743316 ns5:FurnitureFittings 2025-03-31 11743316 ns5:MotorVehicles 2025-03-31 11743316 ns5:ComputerEquipment 2025-03-31 11743316 ns5:MotorVehicles 2026-03-31 11743316 ns5:ComputerEquipment 2026-03-31 11743316 ns5:MotorVehicles 2025-03-31 11743316 ns5:ComputerEquipment 2025-03-31 11743316 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2026-03-31 11743316 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-03-31 11743316 ns5:Non-currentFinancialInstruments ns5:BetweenOneTwoYears 2026-03-31 11743316 ns5:Non-currentFinancialInstruments ns5:BetweenOneTwoYears 2025-03-31 11743316 ns5:Non-currentFinancialInstruments ns5:BetweenTwoFiveYears 2026-03-31 11743316 ns5:Non-currentFinancialInstruments ns5:BetweenTwoFiveYears 2025-03-31 11743316 ns5:MoreThanFiveYears ns5:Non-currentFinancialInstruments 2026-03-31 11743316 ns5:MoreThanFiveYears ns5:Non-currentFinancialInstruments 2025-03-31 11743316 ns5:Secured 2026-03-31 11743316 ns5:Secured 2025-03-31 11743316 ns10:OrdinaryShareClass1 2026-03-31 11743316 ns10:OrdinaryShareClass2 2026-03-31 11743316 ns10:OrdinaryShareClass3 2026-03-31

REGISTERED NUMBER: 11743316 (England and Wales)

| ELEMY LTD |

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31 MARCH 2026 |

| ELEMY LTD (REGISTERED NUMBER: 11743316) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| ELEMY LTD |

COMPANY INFORMATION

FOR THE YEAR ENDED 31 MARCH 2026

| DIRECTOR: | Mr R A Brine

| REGISTERED OFFICE: | G R P & Metalwork

| Tod Point Road, Warrenby

| Redcar

| North Yorkshire

| TS10 5BA

| REGISTERED NUMBER: | 11743316 (England and Wales)

| ACCOUNTANTS: | ApC

| Chartered Accountants

| 7 St John Street

| Mansfield

| Nottinghamshire

| NG18 1QH

| ELEMY LTD (REGISTERED NUMBER: 11743316) |

BALANCE SHEET

31 MARCH 2026

| 2026 | 2025 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 5 | 24,706 |  | 49,531 |  |

Tangible assets | 6 | 890,170 |  | 765,937 |  |

914,876 |  | 815,468 |  |

CURRENT ASSETS

Stocks | 633,210 |  | 441,803 |  |

Debtors | 7 | 1,012,828 |  | 650,446 |  |

Cash at bank | 210,143 |  | 538,324 |  |

1,856,181 |  | 1,630,573 |  |

CREDITORS

Amounts falling due within one year | 8 | 1,653,520 |  | 1,372,001 |  |

NET CURRENT ASSETS | 202,661 |  | 258,572 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,117,537 |  | 1,074,040 |  |

CREDITORS

Amounts falling due after more than one year | 9 | (482,901 | ) | (537,170 | ) |

PROVISIONS FOR LIABILITIES | (62,068 | ) | (35,274 | ) |

NET ASSETS | 572,568 |  | 501,596 |  |

CAPITAL AND RESERVES

Called up share capital | 11 | 800 |  | 800 |  |

Retained earnings | 571,768 |  | 500,796 |  |

SHAREHOLDERS' FUNDS | 572,568 |  | 501,596 |  |

| ELEMY LTD (REGISTERED NUMBER: 11743316) |

BALANCE SHEET - continued

31 MARCH 2026

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 director and authorised for issue on 30 June 2026 and were signed by:

Mr R A Brine - Director

| ELEMY LTD (REGISTERED NUMBER: 11743316) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

1. | STATUTORY INFORMATION

| Elemy 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.

| Turnover

| Turnover represents the value excluding Value Added Tax of goods and services provided to customers during the year. In respect of goods and services provided, all income is taken to profit and loss at the same point as the right to receive consideration has been acquired.

| Intangible assets

| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

| Development costs are being amortised evenly over their estimated useful life of five years.

| Computer software is being amortised evenly over its estimated useful life of five years.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Freehold property | - | 2% straight line

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

| Fixtures and fittings | - | 15% on reducing balance

| Motor vehicles | - | 25% on reducing balance

| Computer equipment | - | 33.33% on reducing balance

| ELEMY LTD (REGISTERED NUMBER: 11743316) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2026

3. | ACCOUNTING POLICIES - continued

| Stocks

| Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

| Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

| Taxation

| Taxation for the year 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 year 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

| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

| Pension costs and other post-retirement benefits

| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

| ELEMY LTD (REGISTERED NUMBER: 11743316) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2026

3. | ACCOUNTING POLICIES - continued

| Financial instruments

| Financial instruments and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

| Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

| Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

4. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 17 (2025 - 15 ) .

5. | INTANGIBLE FIXED ASSETS

| Development |  | Computer |

| costs |  | software |  | Totals

£ | £ | £ |

| COST

| At 1 April 2025

| and 31 March 2026 | 276,067 |  | 7,460 |  | 283,527 |  |

| AMORTISATION

| At 1 April 2025 | 226,536 |  | 7,460 |  | 233,996 |  |

| Amortisation for year | 24,825 |  | - |  | 24,825 |  |

| At 31 March 2026 | 251,361 |  | 7,460 |  | 258,821 |  |

| NET BOOK VALUE

| At 31 March 2026 | 24,706 |  | - |  | 24,706 |  |

| At 31 March 2025 | 49,531 |  | - |  | 49,531 |  |

| ELEMY LTD (REGISTERED NUMBER: 11743316) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2026

6. | TANGIBLE FIXED ASSETS

| Fixtures

| Freehold |  | Plant and |  | and

| property |  | machinery |  | fittings

£ | £ | £ |

| COST

| At 1 April 2025 | 725,691 |  | 88,586 |  | 23,009 |  |

| Additions | 76,426 |  | 102,854 |  | 6,178 |  |

| Disposals | - |  | (31,000 | ) | - |  |

| At 31 March 2026 | 802,117 |  | 160,440 |  | 29,187 |  |

| DEPRECIATION

| At 1 April 2025 | 41,274 |  | 28,884 |  | 9,549 |  |

| Charge for year | 17,386 |  | 11,738 |  | 2,741 |  |

| Eliminated on disposal | - |  | (187 | ) | - |  |

| At 31 March 2026 | 58,660 |  | 40,435 |  | 12,290 |  |

| NET BOOK VALUE

| At 31 March 2026 | 743,457 |  | 120,005 |  | 16,897 |  |

| At 31 March 2025 | 684,417 |  | 59,702 |  | 13,460 |  |

| ELEMY LTD (REGISTERED NUMBER: 11743316) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2026

6. | TANGIBLE FIXED ASSETS - continued

| Motor |  | Computer |

| vehicles |  | equipment |  | Totals

£ | £ | £ |

| COST

| At 1 April 2025 | 1,400 |  | 17,209 |  | 855,895 |  |

| Additions | - |  | 6,208 |  | 191,666 |  |

| Disposals | - |  | (800 | ) | (31,800 | ) |

| At 31 March 2026 | 1,400 |  | 22,617 |  | 1,015,761 |  |

| DEPRECIATION

| At 1 April 2025 | 793 |  | 9,458 |  | 89,958 |  |

| Charge for year | 151 |  | 4,204 |  | 36,220 |  |

| Eliminated on disposal | - |  | (400 | ) | (587 | ) |

| At 31 March 2026 | 944 |  | 13,262 |  | 125,591 |  |

| NET BOOK VALUE

| At 31 March 2026 | 456 |  | 9,355 |  | 890,170 |  |

| At 31 March 2025 | 607 |  | 7,751 |  | 765,937 |  |

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

2026 | 2025 |

£ | £ |

| Trade debtors | 475,794 |  | 341,883 |  |

| Amounts owed by related parties | 511,659 |  | 197,928 |  |

| Other debtors | 5,199 |  | 10,000 |  |

| Tax debtor | - |  | 10,000 |  |

| Prepayments and accrued income | 20,176 |  | 90,635 |  |

1,012,828 |  | 650,446 |  |

| ELEMY LTD (REGISTERED NUMBER: 11743316) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2026

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

2026 | 2025 |

£ | £ |

| Bank loans and overdrafts | 64,559 |  | 56,676 |  |

| Other loans | 433,291 |  | 304,342 |  |

| Hire purchase contracts | 9,483 |  | - |  |

| Trade creditors | 615,125 |  | 434,873 |  |

| Corporation tax | 18,320 |  | 19,207 |  |

| Social security and other taxes | 12,729 |  | 20,361 |  |

| Pension control | 2,140 |  | 1,754 |  |

| VAT | 56,630 |  | 97,194 |  |

| Other creditors | 96,906 |  | 188,984 |  |

| Wages control account | 34,410 |  | 43,459 |  |

| Directors' current accounts | 85,829 |  | 103,296 |  |

| Accruals and deferred income | 224,098 |  | 101,855 |  |

1,653,520 |  | 1,372,001 |  |

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

2026 | 2025 |

£ | £ |

| Bank loans - 1-2 years | 72,959 |  | 56,676 |  |

| Bank loans - 2-5 years | 69,538 |  | 107,153 |  |

| Bank loans - 5 plus years | 234,726 |  | 275,381 |  |

| Other loans more than 1 year | 66,450 |  | 97,960 |  |

| Hire purchase contracts | 39,228 |  | - |  |

482,901 |  | 537,170 |  |

| Amounts falling due in more than five years:

| Repayable by instalments

| Bank loans - 5 plus years | 234,726 |  | 275,381 |  |

| ELEMY LTD (REGISTERED NUMBER: 11743316) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2026

10. | SECURED DEBTS

| The following secured debts are included within creditors:

2026 | 2025 |

£ | £ |

| Bank loans | 441,782 |  | 495,886 |  |

| The mortgage loan is secured against the property it relates too.

11. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2026 | 2025 |

| value: | £ | £ |

| 300 | Ordinary | £1 | 300 |  | 300 |  |

| 299 | Ordinary A | £1 | 299 |  | 299 |  |

| 201 | Ordinary B | £1 | 201 |  | 201 |  |

800 |  | 800 |  |

| During the last financial period all Ordinary, Ordinary A and Ordinary B shares were transferred to being owned by Elemy Group Limited.

12. | RELATED PARTY DISCLOSURES

| During the period the company received financial assistance from their parent company Elemy Group Limited for the amount of £6,781 (2025:£151,755), the amount of £158,536 (2025:£151,755) was outstanding at the year end. Elemy Limited received financial assistance from Anglia Composites Limited for the amount of £10,000 (2025: gave £14,781), combined with trading debtors and creditors between these two companies, Anglia Composites owes Elemy Limited £353,123 (2025:£46,173) at the year end.

13. | ULTIMATE CONTROLLING PARTY

| The ultimate controlling party of the company is Elemy Group Limited.