ELDERHILL LIMITED

Company Registration Number:
09477192 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2017

Period of accounts

Start date: 01 April 2017

End date: 31 December 2017

ELDERHILL LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2017

Balance sheet
Notes

ELDERHILL LIMITED

Balance sheet

As at 31 December 2017


Notes
31 December 2017
31 March 2017


£
£
Fixed assets
Investments: 2 495,160 160,000
Total fixed assets: 495,160 160,000
Current assets
Cash at bank and in hand: 3,540 2,301
Total current assets: 3,540 2,301
Creditors: amounts falling due within one year:   (131,085) (123,809)
Net current assets (liabilities): (127,545) (121,508)
Total assets less current liabilities: 367,615 38,492
Total net assets (liabilities): 367,615 38,492
Capital and reserves
Called up share capital: 121,330 40,000
Share premium account: 253,830 0
Profit and loss account: (7,545) (1,508)
Shareholders funds: 367,615 38,492

The notes form part of these financial statements

ELDERHILL LIMITED

Balance sheet statements

For the year ending 31 December 2017 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 19 June 2018
and signed on behalf of the board by:

Name: C Welsh
Status: Director

The notes form part of these financial statements

ELDERHILL LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2017

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Other accounting policies

FIXED ASSET INVESTMENTSFixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated losses. Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.IMPAIRMENTA review for indicators is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

ELDERHILL LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2017

2. Fixed investments

INVESTMENTS IN GROUP UNDERTAKINGS100% shareholding was held in: Saturn Communications Group Limited.