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ELM CAPITAL EMPLOYEE TRUSTEE LIMITED
REGISTERED NUMBER:11112180
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STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2025
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Gifts from Elm Capital Holding Limited
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For the year ended 31 December 2025 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.
Members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.
The Directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.
The financial statements were approved and authorised for issue by the board and were signed on its behalf on 25 August 2026.
The notes on page 2 form part of these financial statements.
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ELM CAPITAL EMPLOYEE TRUSTEE LIMITED
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NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2025
Elm Capital Employee Trustee Limited is a limited liability company registered in England and Wales. Its registered office address is at Southwest House, 11A Regent Street, London, SW1Y 4LR.
The financial statements are presented in £ sterling, which is the functional currency of the Company.
2.Accounting policies
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Basis of preparation of financial statements
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The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in the Statement of Comprehensive Income for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.
Investment of £2,130,643 (2024: £2,130,643) represents 23,192 (2024: 23,192) ordinary shares in Elm Capital Holding Limited (a 21% (2024: 21%) holding).
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The average monthly number of employees, including directors, during the year was 2 (2024 - 2).
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Investments in subsidiary companies
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The Company is a private company limited by guarantee and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the Company in the event of liquidation.
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