Elmar Advisors Limited - Filleted accounts

Registered number

14556730

Elmar Advisors Limited

Filleted Accounts

31 December 2025

Elmar Advisors Limited
Registered number:		14556730
Balance Sheet
as at 31 December 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		518			757

Current assets
Cash at bank and in hand		78,537			120,682

Creditors: amounts falling due within one year	4	7,298			(34,849)

Net current assets			85,835			85,833

Net assets			86,353			86,590

Capital and reserves
Called up share capital			100			100
Profit and loss account			86,253			86,490

Shareholders' funds			86,353			86,590

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.




Y Manuelides
Director
Approved by the board on 17 September 2026

Elmar Advisors Limited
Notes to the Accounts
for the year ended 31 December 2025


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 is measured at the fair value of the consideration received or receivable. Turnover includes revenue earned from the rendering of services. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	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:

	Freehold buildings			over 50 years
	Leasehold land and buildings			over the lease term
	Plant and machinery			over 5 years
	Fixtures, fittings, tools and equipment			over 5 years

	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.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					1		1


3	Tangible fixed assets
				Laptop		Equipment		Total
£					£		£
	Cost
	At 1 January 2025			985		208		1,193
	At 31 December 2025			985		208		1,193

	Depreciation
	At 1 January 2025			394		42		436
	Charge for the year			197		42		239
	At 31 December 2025			591		84		675

	Net book value
	At 31 December 2025			394		124		518
	At 31 December 2024			591		166		757


4	Creditors: amounts falling due within one year					2025		2024
£							£

	Taxation and social security costs					(40)		26,797
	Director's loan account					(8,608)		6,492
	Other creditors					1,350		1,560
						(7,298)		34,849


5	Loans to directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	Y Manuelides
	Re-paid on 17 September 2026	-		8,608		(8,608)		-

		-		8,608		(8,608)		-


6	Controlling party

	The director controls the company.


7	Other information

	Elmar Advisors Limited is a private company limited by shares and incorporated in England. Its registered office is:
	38 Hungerford Road
	London
	N7 9LX