| Elhollydais Limited |
|
| Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Elhollydais Limited for the year ended 31 March 2026 |
| In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Elhollydais Limited for the year ended 31 March 2026 which comprise of the Profit and Loss Account, the Balance Sheet, the Statement of Changes in Equity and the related notes from the company’s accounting records and from information and explanations you have given us. |
| As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/ members/regulations-standards-and-guidance. |
| This report is made solely to the Board of Directors of Elhollydais Limited, as a body, in accordance with the terms of our engagement letter dated 20 April 2026. Our work has been undertaken solely to prepare for your approval the accounts of Elhollydais Limited and state those matters that we have agreed to state to the Board of Directors of Elhollydais Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Elhollydais Limited and its Board of Directors as a body for our work or for this report. |
| It is your duty to ensure that Elhollydais 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 loss of Elhollydais Limited. You consider that Elhollydais 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 Elhollydais 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. |
|
| Keith Graham |
| Chartered Accountants |
| Suite 2 Wesley Chambers |
| Queens Road |
| Aldershot |
| Hampshire |
| GU11 3JD |
|
| 23 October 2026 |
|
| Elhollydais Limited |
| Registered number: |
11191950 |
| Balance Sheet |
| as at 31 March 2026 |
|
| Notes |
|
|
2026 |
|
|
2025 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
750,118 |
|
|
760,342 |
|
| Current assets |
| Debtors |
4 |
|
52 |
|
|
52 |
| Cash at bank and in hand |
|
|
11,667 |
|
|
238 |
|
|
|
11,719 |
|
|
290 |
|
| Creditors: amounts falling due within one year |
5 |
|
(220,737) |
|
|
(271,219) |
|
| Net current liabilities |
|
|
|
(209,018) |
|
|
(270,929) |
|
| Total assets less current liabilities |
|
|
|
541,100 |
|
|
489,413 |
|
| Creditors: amounts falling due after more than one year |
6 |
|
|
(549,291) |
|
|
(479,888) |
|
| Provisions for liabilities |
|
|
|
(3,910) |
|
|
(6,410) |
|
|
| Net (liabilities)/assets |
|
|
|
(12,101) |
|
|
3,115 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
100 |
|
|
100 |
| Revaluation reserve |
8 |
|
|
11,731 |
|
|
19,231 |
| Profit and loss account |
|
|
|
(23,932) |
|
|
(16,216) |
|
| Shareholders' funds |
|
|
|
(12,101) |
|
|
3,115 |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| Mr G Brown |
| Director |
| Approved by the board on 22 October 2026 |
|
| Elhollydais Limited |
| Notes to the Accounts |
| for the year ended 31 March 2026 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover represents the value of residential letting and rental services provided to tenants. Turnover is recognised on a prorated basis for the year on all properties. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Domestic items |
25% Straight line |
|
|
Investment properties |
|
Paragraph 16.7 of FRA 102 requires investment properties to be measured at fair value at each reporting date. All increases and decreases in value are taken to the profit and loss in the year. Information regarding the valuation method can be seen in note 3. |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted. |
|
|
Provisions |
|
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably. |
|
|
Pensions |
|
Contributions to defined contribution plans are expensed in the period to which they relate. |
|
|
| 2 |
Employees |
2026 |
|
2025 |
| Number |
Number |
|
|
Average number of persons employed by the company |
1 |
|
1 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
Land and buildings |
|
Plant and machinery etc |
|
Total |
| £ |
£ |
£ |
|
Cost |
|
At 1 April 2025 |
760,000 |
|
3,770 |
|
763,770 |
|
Surplus on revaluation |
(10,000) |
|
- |
|
(10,000) |
|
At 31 March 2026 |
750,000 |
|
3,770 |
|
753,770 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 April 2025 |
- |
|
3,428 |
|
3,428 |
|
Charge for the year |
- |
|
224 |
|
224 |
|
At 31 March 2026 |
- |
|
3,652 |
|
3,652 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2026 |
750,000 |
|
118 |
|
750,118 |
|
At 31 March 2025 |
760,000 |
|
342 |
|
760,342 |
|
|
|
|
|
|
|
|
|
|
|
Freehold land and buildings: |
2026 |
|
2025 |
| £ |
£ |
|
Historical cost |
734,359 |
|
734,359 |
|
Cumulative depreciation based on historical cost |
- |
|
- |
|
|
|
|
|
|
734,359 |
|
734,359 |
|
|
| 4 |
Debtors |
2026 |
|
2025 |
| £ |
£ |
|
|
Other debtors |
52 |
|
52 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2026 |
|
2025 |
| £ |
£ |
|
|
Taxation and social security costs |
- |
|
865 |
|
Other creditors |
220,737 |
|
270,354 |
|
|
|
|
|
|
220,737 |
|
271,219 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due after one year |
2026 |
|
2025 |
| £ |
£ |
|
|
Bank loans |
549,291 |
|
479,888 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Loans |
2026 |
|
2025 |
| £ |
£ |
|
Creditors include: |
|
Amounts payable otherwise than by instalment falling due for payment after more than five years |
|
549,291 |
|
500,534 |
|
|
|
|
|
|
|
|
|
|
|
Secured bank loans |
549,291 |
|
500,534 |
|
|
|
|
|
|
|
|
|
|
Loan received from bank for the purchase of investment property. A fixed and floating charge is held over the assets of the company and a fixed charge over the investment property held by the company. |
|
|
| 8 |
Revaluation reserve |
2026 |
|
2025 |
| £ |
£ |
|
|
At 1 April 2025 |
19,231 |
|
19,231 |
|
Loss on revaluation of land and buildings |
(10,000) |
|
- |
|
Deferred taxation arising on the revaluation of land and buildings |
2,500 |
|
- |
|
|
At 31 March 2026 |
11,731 |
|
19,231 |
|
|
|
|
|
|
|
|
|
|
| 9 |
Other information |
|
|
Elhollydais Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
Suite 2 Wesley Chambers |
|
Queens Road |
|
Aldershot |
|
Hampshire |
|
GU11 3JD |
|
|
The financial statements are presented in Sterling, which is the functional currency of the company. |