Abbreviated Company Accounts - ELM ENTERPRISES LTD

ELM ENTERPRISES LTD - Company Information

09291844 ELM ENTERPRISES LTD 2016-11-30 false 2015-12-01 2016-11-30 true 09291844 2015-12-01 2016-11-30 09291844 2016-11-30 09291844 2015-11-30 09291844 uk-gaap-cd-bus:Director1 2015-12-01 2016-11-30 09291844 uk-gaap-cd-bus:Director2 2015-12-01 2016-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-12-01 2016-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2016-11-30 uk-gaap-cd-bus:OrdinaryShareClass1 2015-11-30 iso4217:GBP shares

Registered Number 09291844

ELM ENTERPRISES LTD

Abbreviated Accounts

30 November 2016

ELM ENTERPRISES LTD Registered Number 09291844

Abbreviated Balance Sheet as at 30 November 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	2	2,179	2,905
Investments	3	608,700	608,700
		610,879	611,605
Current assets
Debtors		347	-
Cash at bank and in hand		1,355	3,664
		1,702	3,664
Creditors: amounts falling due within one year	4	(170,185)	(178,020)
Net current assets (liabilities)		(168,483)	(174,356)
Total assets less current liabilities		442,396	437,249
Creditors: amounts falling due after more than one year	4	(424,560)	(424,560)
Total net assets (liabilities)		17,836	12,689
Capital and reserves
Called up share capital	5	10,000	10,000
Profit and loss account		7,836	2,689
Shareholders' funds		17,836	12,689

For the year ending 30 November 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 12 April 2017

And signed on their behalf by:
L Katsantonis, Director

ELM ENTERPRISES LTD Registered Number 09291844

Notes to the Abbreviated Accounts for the period ended 30 November 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective January 2015.

2Tangible fixed assets

	£
Cost
At 1 December 2015	3,874
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 30 November 2016	3,874
Depreciation
At 1 December 2015	969
Charge for the year	726
On disposals	-
At 30 November 2016	1,695
Net book values
At 30 November 2016	2,179
At 30 November 2015	2,905

3Fixed assets Investments
Investment properties are included in the Balance Sheet at their open market value in accordance with the Financial Reporting Standards for Smaller Entities (effective January 2015) and are not depreciated. This treatment is contrary to the Companies Act 2006 which states that fixed assets should be depreciated but is, in the opinion of the Director, necessary in order to give a true and fair view of the financial position of the company.

4Creditors

	2016 £	2015 £
Secured Debts	424,560	424,560

5Called Up Share Capital
Allotted, called up and fully paid:

	2016 £	2015 £
10,000 Ordinary shares of £1 each	10,000	10,000