1.
General Information
Elmrose Holdings Limited
is a private company, limited by shares, incorporated in England & Wales, registered number
05300618
. The registered office is 1411 Landmark West Marsh Wall, London, E14 9AH.
2.
Accounting Policies
2.1.
Basis of Preparation of Financial Statements
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
2.2.
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 rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
2.3.
Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
| Freehold |
|
2.4.
Investment Properties
Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure.
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.5.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.
3.
Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
Elmrose Holdings Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
4.
Tangible Assets
| Land & Property | |
|---|---|
| Freehold | |
| £ | |
| Cost or Valuation | |
| As at 1 January 2025 |
|
| Additions |
|
| Revaluation |
|
| As at 31 December 2025 |
|
| Net Book Value | |
| As at 31 December 2025 |
|
| As at 1 January 2025 |
|
Cost or valuation as at 31 December 2025 represented by:
| Land & Property | |
|---|---|
| Freehold | |
| £ | |
| At cost | 3,485,356 |
| At valuation | 922,144 |
| 4,407,500 | |
The properties were valued at 31st December 2025 by the directors at the carrying value above.
The directors deem this to be accurate and correctly reflect the fair value of the properties at the year end date.
5.
Debtors
| 2025 | 2024 | ||
|---|---|---|---|
| £ | £ | ||
| Due within one year | |||
| Other debtors |
|
|
|
6.
Creditors: Amounts Falling Due Within One Year
| 2025 | 2024 | ||
|---|---|---|---|
| £ | £ | ||
| Bank loans and overdrafts |
|
|
|
| Other creditors | 376,487 | 28,760 | |
| Taxation and social security |
|
|
|
|
|
|
||
The loans are secured by way of charges on the properties.
Elmrose Holdings Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 December 2025
9.
Directors Advances, Credits and Guarantees
No director received advances, credits or guarantees during the current or previous accounting periods.
10.
Related Party Transactions
The following related party transactions were undertaken during the year:
A director introduced funds totalling £405,220 (2024: £468) and withdrew funds totalling £48,902 (2024: £Nil). At the
balance sheet date the amount payable to the director was £356,318 (2024 : £nil).
Dividends were paid to the director in respect of their shareholding totalling £40,000 (2024 : Nil)
The aggregate remuneration paid to key management personnel for the year was £5,250 (2024: £NIL).
No further transactions with related parties were undertaken such as are required to be disclosed in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
11.
Profit and loss reserve
The profit and loss reserve account records retained earnings and accumulated losses, including the revaluation reserve which records the value of asset revaluations and fair value movements on assets recognised in other comprehensive income. The profit and loss reserve account includes both distributable and non distributable as follows:
|
2025
|
2024
|
||
|
£
|
£
|
||
|
Distributable profit and loss reserves
|
1,744,397
|
1,700,455
|
|
|
Non-distributable profit and loss reserves
|
922,144
|
907,575
|
|
![1](data:image/svg+xml;utf8,<svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 80 2" preserveAspectRatio="none"> <line x1="0" y1="1" x2="80" y2="1" stroke="black" shape-rendering="crispEdges"/> </svg>){kind=small}
|
|
||
|
2,666,541
![1](data:image/svg+xml;utf8,<svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 80 5" preserveAspectRatio="none"> <line x1="0" y1="1" x2="80" y2="1" stroke="black" shape-rendering="crispEdges"/> <line x1="0" y1="4" x2="80" y2="4" stroke="black" shape-rendering="crispEdges"/> </svg>){kind=small}
|
2,608,030
|