REGISTERED NUMBER: 06192775 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 May 2026

for

Elm Farm (Holdings) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

L Honeyfield

E J Honeyfield

SECRETARY:

Mrs S A Honeyfield

REGISTERED OFFICE:

7 Walton Crescent

Winford

Bristol

BS40 8DD

REGISTERED NUMBER:

06192775 (England and Wales)

ACCOUNTANTS:

P B Accountancy Ltd

17 Duckmoor Road

Ashton

Bristol

BS3 2DD

FIXED ASSETS

Investments

4

303,320

303,320

Investment property

5

2,318,846

2,318,846

2,622,166

2,622,166

CURRENT ASSETS

Debtors

6

6,114

30,269

Cash at bank

7,566

45,283

13,680

75,552

CREDITORS

Amounts falling due within one year

7

968,653

991,177

NET CURRENT LIABILITIES

(954,973

)

(915,625

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,667,193

1,706,541

CREDITORS

Amounts falling due after more than one year

8

(980,254

)

(1,021,442

)

PROVISIONS FOR LIABILITIES

(102,288

)

(102,288

)

NET ASSETS

584,651

582,811

CAPITAL AND RESERVES

Called up share capital

6

6

Retained earnings

584,645

582,805

SHAREHOLDERS' FUNDS

584,651

582,811

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 September 2026 and were signed on its behalf by:

L Honeyfield - Director

1.	STATUTORY INFORMATION

Elm Farm (Holdings) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Preparation of consolidated financial statements

The financial statements contain information about Elm Farm (Holdings) Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Investments

Fixed asset investments are stated at cost less provision for diminution in value.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 June 2025

and 31 May 2026

303,320

NET BOOK VALUE

At 31 May 2026

303,320

At 31 May 2025

303,320

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 June 2025

and 31 May 2026

2,318,846

NET BOOK VALUE

At 31 May 2026

2,318,846

At 31 May 2025

2,318,846

Fair value at 31 May 2026 is represented by:

£

Valuation in 2000

669,430

Valuation in 2021

1,756,040

Valuation in 2024

(106,624

)

2,318,846

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.26

31.5.25

£

£

Trade debtors

1,906

1,297

Other debtors

4,208

28,972

6,114

30,269

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.26

31.5.25

£

£

Trade creditors

1,144

1,066

Amounts owed to group undertakings

959,294

975,598

Taxation and social security

4,182

11,146

Other creditors

4,033

3,367

968,653

991,177

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.5.26

31.5.25

£

£

Other creditors

980,254

1,021,442

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.5.26

31.5.25

£

£

Other Creditors

908,254

1,021,442

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 May 2026 and 31 May 2025:

31.5.26

31.5.25

£

£

L Honeyfield

Balance outstanding at start of year

(880

)

(880

)

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(1,456

)

(880

)

E J Honeyfield

Balance outstanding at start of year

20,219

-

Amounts repaid

(20,219

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

1,565

20,219

The directors loan account has been repaid in full.

11.	ULTIMATE CONTROLLING PARTY

The company is controlled by the director who owns 100% of the called up share capital.