Ellergreen Limited - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 05208292 (England and Wales)

Unaudited Financial Statements for the Year Ended 5 April 2023

for

Ellergreen Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

M A J Cropper

SECRETARY:

A Cropper

REGISTERED OFFICE:

Ellergreen Estate Office

Burneside

Kendal

Cumbria

LA9 5SD

REGISTERED NUMBER:

05208292 (England and Wales)

ACCOUNTANTS:

Stables Thompson & Briscoe Ltd

Chartered Accountants & Business Advisors

Lowther House

Lowther Street

Kendal

LA9 4DX

FIXED ASSETS

Investment property

4

369,786

386,032

CURRENT ASSETS

Debtors

5

1,943

-

Cash at bank

1,259

2,770

3,202

2,770

CREDITORS

Amounts falling due within one year

6

690

6,953

NET CURRENT ASSETS/(LIABILITIES)

2,512

(4,183

)

TOTAL ASSETS LESS CURRENT LIABILITIES

372,298

381,849

CREDITORS

Amounts falling due after more than one year

7

430,929

425,170

NET LIABILITIES

(58,631

)

(43,321

)

CAPITAL AND RESERVES

Called up share capital

1

1

Fair value reserve

8

(16,306

)

-

Retained earnings

(42,326

)

(43,322

)

(58,631

)

(43,321

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 13 October 2023 and were signed by:

M A J Cropper - Director

1.	STATUTORY INFORMATION

Ellergreen 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 6 April 2022

386,032

Additions

60

Revaluations

(16,306

)

At 5 April 2023

369,786

NET BOOK VALUE

At 5 April 2023

369,786

At 5 April 2022

386,032

Fair value at 5 April 2023 is represented by:

£

Valuation in 2022

386,032

Valuation in 2023

(16,246

)

369,786

If the investment properties had not been revalued they would have been included at the following historical cost:

5.4.23

5.4.22

£

£

Cost

386,092

-

Investment properties were valued on an open market basis basis on 5 April 2023 by the directors .

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

5.4.23

5.4.22

£

£

Other debtors

1,943

-

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

5.4.23

5.4.22

£

£

Trade creditors

180

(522

)

Other creditors

510

7,475

690

6,953

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

5.4.23

5.4.22

£

£

Other creditors

430,929

425,170

8.

RESERVES

Fair

value

reserve

£

Revaluations in year

(16,306

)

At 5 April 2023

(16,306

)