Company Registration No. 10420951 (England and Wales)
Elmden Limited
Unaudited accounts
for the year ended 31 October 2025
Elmden Limited
Statement of financial position
as at 31 October 2025
Investments
3,992,547
2,760,799
Cash at bank and in hand
7,420
588
Creditors: amounts falling due within one year
(3,869,162)
(2,684,516)
Net current liabilities
(3,859,253)
(2,668,341)
Called up share capital
400
400
Profit and loss account
132,894
92,058
Shareholders' funds
133,294
92,458
For the year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 19 August 2026 and were signed on its behalf by
Mazhar Khan
Director
Company Registration No. 10420951
Elmden Limited
Notes to the Accounts
for the year ended 31 October 2025
Elmden Limited is a private company, limited by shares, registered in England and Wales, registration number 10420951. The registered office is Shipleys Tax Advisors, Wharf House, Victoria Quays, Wharf Street, Sheffield, South Yorkshire, S2 5SY, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Investment properties are properties held to earn rentals and/or for capital appreciation.
Investment properties are initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently, investment properties are measured at fair value at each reporting date, with changes in fair value recognised in profit or loss.
The directors have assessed the Company's ability to continue as a going concern and have reasonable expectations that the Company has adequate resources to continue in operational existence for at least twelve months from the date of approval of these financial statements.
The assessment has taken into account the Company's financial position, recurring rental income, expected future cash flows and available funding arrangements. The directors are therefore satisfied that it is appropriate to prepare the financial statements on the going concern basis.
Judgments in applying accounting policies and key sources of estimation uncertainty
The preparation of the financial statements requires the directors to make judgments, estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the balance sheet date, as well as the reported amounts of income and expenditure during the reporting period. Actual results may differ from these estimates.
The most significant area of estimation uncertainty relates to the determination of the fair value of investment properties. The valuation of these properties requires the directors to make assumptions regarding market conditions, rental yields, comparable property transactions and other relevant factors. Changes in these assumptions may have a material effect on the carrying value of investment properties and the results reported for the period.
The directors have not identified any critical accounting judgments, apart from those involving estimations, which have a significant effect on the amounts recognised in the financial statements.
Elmden Limited
Notes to the Accounts
for the year ended 31 October 2025
4
Investments
Other investments
Valuation at 1 November 2024
2,760,799
Valuation at 31 October 2025
3,992,547
Amounts falling due within one year
Accrued income and prepayments
2,089
2,067
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
9,621
2,762
Loans from directors
3,823,034
2,648,034
Deferred income
32,001
31,320
Allotted, called up and fully paid:
100 Ordinary A of £1 each
100
100
100 Ordinary B of £1 each
100
100
100 Ordinary C of £1 each
100
100
100 Ordinary D of £1 each
100
100
8
Transactions with related parties
At the balance sheet date, the company owed the director Mr Mazhar Khan £3,823,034 (2024: £2,648,034). This is included in other creditors due within one year.
9
Average number of employees
During the year the average number of employees was 1 (2024: 1).