ACCOUNTS - Final Accounts

ELYSIAN RESIDENCES LIMITED - Company Information

Registered number: 08513948

ELYSIAN RESIDENCES LIMITED

UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2019


ELYSIAN RESIDENCES LIMITED

CONTENTS

	Page
Statement of Financial Position	1
Notes to the Financial Statements	2 - 3


ELYSIAN RESIDENCES LIMITED REGISTERED NUMBER:08513948

STATEMENT OF FINANCIAL POSITION

AS AT 30 APRIL 2019

		2019		2018
Note		£		£

Fixed assets
Investments	4		100		101
Current assets
Debtors: amounts falling due within one year	5	1		1

Creditors: amounts falling due within one year	6	(100)		(101)
Net current liabilities			(99)		(100)

Net assets			1		1

Capital and reserves
Called up share capital	7	1	1
		1	1

For the year ended 30 April 2019 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.

Members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 30 January 2020.

C Beaufils

Director

The notes on pages 2 to 3 form part of these financial statements.

Page 1


ELYSIAN RESIDENCES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2019

1.	General information

Elysian Residences Limited is a private limited liability company registered in England and Wales. Its registered office and business address is 42 Bruton Place, London, W1J 6PA.
The principal activity of the company is that of a holding company.
The financial statements are presented in Sterling (£), which is the functional currency of the company.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

2.2

Exemption from preparing consolidated financial statements

The Company, and the Group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and Group are considered eligible for the exemption to prepare consolidated accounts.

2.3

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

2.4

Financial instruments

The company only enters into transactions that result in basic financial instruments such as other debtors, other creditors and loans to/from related parties.
Other debtors and loans to related parties are recognised initially at the transaction price less attributable transaction costs. Other creditors and loans from related parties are recognised initially at transaction price plus attributable transaction costs. Subsequently they are measured at amortised cost using the effective interest method, less any impairment losses in the case of other debtors and loans to related parties.

2.5

Dividends

Equity dividends are recognised when they become legally payable.

Employees

The average monthly number of employees, including directors, during the year was 2 (2018 - 2).

Page 2


ELYSIAN RESIDENCES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2019

4.	Fixed asset investments

		Investments in subsidiary companies
		£
	Cost or valuation
	At 1 May 2018	101
	Disposals	(1)
	At 30 April 2019	100

Debtors

					2019	2018
					£	£


Other debtors	1	1

6.	Creditors: Amounts falling due within one year
		2019	2018
		£	£

	Amounts owed to group undertakings	100	101

7.	Share capital
		2019	2018
		£	£

Allotted, called up and fully paid

1 Ordinary share of £1	1	1

Page 3