REGISTERED NUMBER: 02026708 (England and Wales)

Eltongold Limited

Unaudited Financial Statements

for the Year Ended 31 October 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P J Scott

J M T Scott

SECRETARY:

P J Scott

REGISTERED OFFICE:

Latimer House

Bedham Road

Fittleworth

Pulborough

West Sussex

RH20 1JL

REGISTERED NUMBER:

02026708 (England and Wales)

Fixed assets

Investment property

3

2

2

Current assets

Debtors

4

1,000

1,000

Creditors

Amounts falling due within one year

5

(87,826

)

(87,826

)

Net current liabilities

(86,826

)

(86,826

)

Total assets less current liabilities

(86,824

)

(86,824

)

Capital and reserves

Called up share capital

1,000

1,000

Retained earnings

(87,824

)

(87,824

)

(86,824

)

(86,824

)

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 July 2026 and were signed on its behalf by:

P J Scott - Director

1.	ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS

The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).

Exemption from preparing group accounts

Exemption from preparing group accounts The company is part of a small group. The company has taken advantage of the exemption provided by Section 398 of the Companies Act 2006 and has not prepared group accounts.

Going concern

The company's liabilities exceed its assets by £86,826 and continuation of its activities is dependent upon the continued support of the directors and shareholders. The financial statements have been drawn up on a going concern basis which assumes that this support will be provided for the foreseeable future.

Details of undertakings

Details of the investments in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

Undertaking

Country of incorporation

Holding

Proportion of voting rights and share held

Principal activity

Subsidiary undertakings

Glenhart Properties Limited

Ordinary

100%

Dealing in and holding Property and estates

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 Profit and Loss Account, 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.

2.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

3.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 November 2024

and 31 October 2025

2

NET BOOK VALUE

At 31 October 2025

2

At 31 October 2024

2

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

87,826

87,826

6.	RELATED PARTY TRANSACTIONS

During the year the company made the following related party transactions:

Glenhart Properties Limited

(a wholly owned subsidiary)

On 1 February 1990, Glenhart Properties Limited acquired, and holds a legal interest in, a property in France.

Glenhart Properties Limited has bank loan balances outstanding, secured by a legal charge over the property inFrance and guarantees given by the directors of Glenhart Properties Limited.

The beneficial interest in the property, and the liability for any bank loans, is held by, and is the responsibility of, P J Scott, a director of this company.

Neither the company nor Glenhart Properties Limited has any beneficial title to the property under English law nor does it have any liability in connection with any bank loans