E P Court Limited 11353021 true 2022-02-01 2023-01-31 2023-01-31 The principal activity of the company is holding company Digita Accounts Production Advanced 6.30.9574.0 true false true 11353021 2022-02-01 2023-01-31 11353021 2023-01-31 11353021 bus:OrdinaryShareClass1 2023-01-31 11353021 bus:Original 2023-01-31 11353021 core:CurrentFinancialInstruments core:WithinOneYear 2023-01-31 11353021 core:Non-currentFinancialInstruments core:AfterOneYear 2023-01-31 11353021 bus:SmallEntities 2022-02-01 2023-01-31 11353021 bus:AuditExemptWithAccountantsReport 2022-02-01 2023-01-31 11353021 bus:FullAccounts 2022-02-01 2023-01-31 11353021 bus:SmallCompaniesRegimeForAccounts 2022-02-01 2023-01-31 11353021 bus:RegisteredOffice 2022-02-01 2023-01-31 11353021 bus:Director1 2022-02-01 2023-01-31 11353021 bus:OrdinaryShareClass1 2022-02-01 2023-01-31 11353021 bus:EntityHasNeverTraded 2022-02-01 2023-01-31 11353021 bus:PrivateLimitedCompanyLtd 2022-02-01 2023-01-31 11353021 countries:EnglandWales 2022-02-01 2023-01-31 11353021 core:CostValuation 2022-01-31 11353021 2021-02-01 2022-01-31 11353021 2022-01-31 11353021 bus:OrdinaryShareClass1 2022-01-31 11353021 core:CurrentFinancialInstruments core:WithinOneYear 2022-01-31 11353021 core:Non-currentFinancialInstruments core:AfterOneYear 2022-01-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 11353021

E P Court Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 January 2023

 

E P Court Limited

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 4

 

E P Court Limited

(Registration number: 11353021)
Balance Sheet as at 31 January 2023

Note

2023
£

2022
£

Fixed assets

 

Investments

4

304,195

304,195

Creditors: Amounts falling due within one year

5

(179,494)

(151,504)

Total assets less current liabilities

 

124,701

152,691

Creditors: Amounts falling due after more than one year

5

(35,000)

(47,000)

Net assets

 

89,701

105,691

Capital and reserves

 

Called up share capital

6

120

120

Retained earnings

89,581

105,571

Shareholders' funds

 

89,701

105,691

For the financial year ending 31 January 2023 the Group and Parent Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

For the financial year ending 31 January 2023 the Group and Parent Company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The Director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the Director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 7 November 2023
 

.........................................
E P Court
Director

 

E P Court Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2023

1

General information

The company is a private company limited by share capital incorporated in England and Wales and the company registration number is 11353021.

The address of its registered office is:
8 High Street
Kirton Lindsey
Gainsborough
DN21 4LU

These financial statements were authorised for issue by the director on 7 November 2023.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements have been prepared in sterling and are rounded to the nearest pound.

Going concern

The financial statements have been prepared on a going concern basis.

Exemption from preparing group accounts

The company has taken advantage of the exemption in section 398 of the Companies Act 2006 from the requirement to prepare consolidated financial statements, on the grounds that it is a small sized group.

Business combinations

Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the Group and Parent Company in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the Group and Parent Company includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.


Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

 

E P Court Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2023

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the Group and Parent Company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the Group and Parent Company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the Group and Parent Company (including the Director) during the year, was 1 (2022 - 1).

4

Investments

2023
£

2022
£

Investments in subsidiaries

304,195

304,195

Subsidiaries

£

Cost or valuation

At 1 February 2022

304,195

Provision

Carrying amount

At 31 January 2023

304,195

At 31 January 2022

304,195

 

E P Court Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2023

5

Creditors

Creditors: amounts falling due within one year

Note

2023
£

2022
£

Due within one year

 

Amounts owed to group undertakings in which the company has a participating interest

68,610

94,060

Other payables

 

110,284

56,844

Accruals

 

600

600

 

179,494

151,504

Due after one year

 

Other non-current financial liabilities

 

35,000

47,000

Creditors: amounts falling due after more than one year

2023
£

2022
£

Due after one year

Other non-current financial liabilities

35,000

47,000

2023
£

2022
£

Due after more than five years

-

-

6

Share capital

Allotted, called up and fully paid shares

 

2023

2022

 

No.

£

No.

£

Ordinary shares of £1 each

120

120

120

120