REGISTERED NUMBER: 15209331 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 October 2025

for

Elnife Holdings Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

R Simmons

Mrs A Simmons

REGISTERED OFFICE:

34 Mayow Road

Sydenham

London

SE26 4JA

REGISTERED NUMBER:

15209331 (England and Wales)

FIXED ASSETS

Tangible assets

4

832

1,368

Investment property

5

188,443

188,443

189,275

189,811

CURRENT ASSETS

Cash at bank

247

2,922

CREDITORS

Amounts falling due within one year

6

810

810

NET CURRENT (LIABILITIES)/ASSETS

(563

)

2,112

TOTAL ASSETS LESS CURRENT LIABILITIES

188,712

191,923

CREDITORS

Amounts falling due after more than one year

7

213,139

203,287

NET LIABILITIES

(24,427

)

(11,364

)

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

9

(24,527

)

(11,464

)

SHAREHOLDERS' FUNDS

(24,427

)

(11,364

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 21 July 2026 and were signed on its behalf by:

R Simmons - Director

1.	STATUTORY INFORMATION

Elnife Holdings Limited 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.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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. The financial statements have been prepared under the historical cost convention.

There was a net deficiency of assets of £24,427 at the balance sheet date, however with the retention of the shareholder and other loans the directors have confirmed continued support and considers the company to be able to continue trading for the foreseeable future.

Tangible fixed assets

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

Fixtures and fittings

-

25% on cost

Investment property

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 November 2024

and 31 October 2025

1,904

DEPRECIATION

At 1 November 2024

536

Charge for year

536

At 31 October 2025

1,072

NET BOOK VALUE

At 31 October 2025

832

At 31 October 2024

1,368

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 November 2024

and 31 October 2025

188,443

NET BOOK VALUE

At 31 October 2025

188,443

At 31 October 2024

188,443

In the opinion of the directors the current market value of the leasehold property is the same as the purchase price in 2023.

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Other creditors

810

810

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.10.25

31.10.24

£

£

Other creditors

213,139

203,287

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Shareholders loans

173,679

165,087

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.25

31.10.24

value:

£

£

100

Ordinary

£1

100

100

9.

RESERVES

Retained

earnings

£

At 1 November 2024

(11,464

)

Deficit for the year

(13,063

)

At 31 October 2025

(24,527

)

10.	RELATED PARTY DISCLOSURES

Included in long term creditors is a loan of £39,460 (2024 - £38,200) made by Mandarax Music Limited, in which Mr R Simmons is the sole director and shareholder. The loan has no fixed date of repayment and is interest free.