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REGISTERED NUMBER: 08698369 (England and Wales)







Unaudited Financial Statements

for the Year Ended 28 February 2023

for

Egerton Properties Limited

Egerton Properties Limited (Registered number: 08698369)






Contents of the Financial Statements
for the Year Ended 28 February 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Egerton Properties Limited

Company Information
for the Year Ended 28 February 2023







DIRECTORS: J D Rigg
N D Shelmerdine





REGISTERED OFFICE: Egerton House
Wardle Road
Rochdale
OL12 9EN





REGISTERED NUMBER: 08698369 (England and Wales)






Egerton Properties Limited (Registered number: 08698369)

Balance Sheet
28 February 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,181,382 1,181,382

CURRENT ASSETS
Cash at bank 33,108 39,749

CREDITORS
Amounts falling due within one year 5 52,231 67,817
NET CURRENT LIABILITIES (19,123 ) (28,068 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,162,259

1,153,314

CREDITORS
Amounts falling due after more than
one year

6

1,160,128

1,151,934
NET ASSETS 2,131 1,380

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 2,129 1,378
2,131 1,380

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Egerton Properties Limited (Registered number: 08698369)

Balance Sheet - continued
28 February 2023


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 Board of Directors and authorised for issue on 26 July 2023 and were signed on its behalf by:





J D Rigg - Director


Egerton Properties Limited (Registered number: 08698369)

Notes to the Financial Statements
for the Year Ended 28 February 2023

1. STATUTORY INFORMATION

Egerton Properties 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.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - not provided

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.

Egerton Properties Limited (Registered number: 08698369)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Freehold
property
£   
COST
At 1 March 2022
and 28 February 2023 1,181,382
NET BOOK VALUE
At 28 February 2023 1,181,382
At 28 February 2022 1,181,382

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
28.2.23 28.2.22
£    £   
Bank loans and overdrafts 36,818 53,472
Tax 176 108
Other creditors 12,737 12,737
Accrued expenses 2,500 1,500
52,231 67,817

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE
THAN ONE YEAR
28.2.23 28.2.22
£    £   
Bank loans - 2-5 years 632,538 652,702
Other creditors 527,590 499,232
1,160,128 1,151,934

Egerton Properties Limited (Registered number: 08698369)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

7. SECURED DEBTS

The following secured debts are included within creditors:

28.2.23 28.2.22
£    £   
Bank Loans 669,356 706,174