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Company Registration No. 13143101 (England and Wales)
Elme Properties Limited Unaudited accounts for the year ended 31 December 2025
Elme Properties Limited Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
- 2 -
Elme Properties Limited Company Information for the year ended 31 December 2025
Directors
Paul Ellison Samantha Louise Ellison Joanna Meek Peter John Meek
Company Number
13143101 (England and Wales)
Registered Office
98 THE GREEN ACOMB YORK YO265LS ENGLAND
Accountants
RAE Business Services (Yorkshire) Limited 167-169 Great Portland Street 5th Floor London W1W 5PF
- 3 -
Elme Properties Limited Accountants' report
Accountants' report to the board of directors of Elme Properties Limited on the preparation of the unaudited statutory accounts for the year ended 31 December 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Elme Properties Limited for the year ended 31 December 2025 as set out on pages 5 - 8 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Elme Properties Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Elme Properties Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Elme Properties Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Elme Properties Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Elme Properties Limited. You consider that Elme Properties Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Elme Properties Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
RAE Business Services (Yorkshire) Limited 167-169 Great Portland Street 5th Floor London W1W 5PF 13 August 2026
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Elme Properties Limited Statement of financial position as at 31 December 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
1,125,000 
1,125,000 
Current assets
Debtors
5
- 
17,196 
Cash at bank and in hand
17,060 
17,712 
17,060 
34,908 
Creditors: amounts falling due within one year
6
(438,390)
(472,900)
Net current liabilities
(421,330)
(437,992)
Total assets less current liabilities
703,670 
687,008 
Creditors: amounts falling due after more than one year
7
(486,135)
(483,717)
Provisions for liabilities
Deferred tax
8
(44,928)
(37,426)
Net assets
172,607 
165,865 
Capital and reserves
Called up share capital
12 
12 
Revaluation reserve
287,705 
265,197 
Profit and loss account
(115,110)
(99,344)
Shareholders' funds
172,607 
165,865 
For the year ending 31 December 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 directors acknowledge their 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 of Directors and authorised for issue on 23 August 2026 and were signed on its behalf by
Paul Ellison Director Company Registration No. 13143101
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Elme Properties Limited Notes to the Accounts for the year ended 31 December 2025
1
Statutory information
Elme Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 13143101. The registered office is 98 THE GREEN, ACOMB, YORK, YO265LS, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% on cost
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
- 6 -
Elme Properties Limited Notes to the Accounts for the year ended 31 December 2025
4
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At valuation 
At cost 
At 1 January 2025
1,064,177 
137,792 
1,201,969 
Revaluations
30,011 
- 
30,011 
At 31 December 2025
1,094,188 
137,792 
1,231,980 
Depreciation
At 1 January 2025
- 
76,969 
76,969 
Charge for the year
- 
30,011 
30,011 
At 31 December 2025
- 
106,980 
106,980 
Net book value
At 31 December 2025
1,094,188 
30,812 
1,125,000 
At 31 December 2024
1,064,177 
60,823 
1,125,000 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
- 
17,196 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Other creditors
145,000 
162,000 
Loans from directors
292,795 
308,805 
Accruals
595 
2,095 
438,390 
472,900 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
486,135 
483,717 
Aggregate of amounts that fall due for payment after five years
486,135 
483,717 
Included in long term creditors are bank loans secured on investment properties. Personal guarantees have been provided.
- 7 -
Elme Properties Limited Notes to the Accounts for the year ended 31 December 2025
8
Deferred taxation
2025 
2024 
£ 
£ 
Revaluation of land and buildings
95,901 
88,399 
Tax losses carried forward
(50,973)
(50,973)
44,928 
37,426 
2025 
2024 
£ 
£ 
Provision at start of year
37,426 
62,429 
Charged/(credited) to the profit and loss account
7,502 
(25,003)
Provision at end of year
44,928 
37,426 
9
Transactions with related parties
The company owed a total of £292,795 (2024 - £308,805) to the directors at the year end. Included in current liabilities is a related company loan of £145,000 (2024 - £162,000). All loans are interest-free and repayable on demand.
10
Average number of employees
During the year the average number of employees was 0 (2024: 0).
- 8 -