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REGISTERED NUMBER: 12283113 (England and Wales)














FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2023

FOR

E&A HOLDING LIMITED

E&A HOLDING LIMITED (REGISTERED NUMBER: 12283113)






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


E&A HOLDING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2023







DIRECTOR: S E Tang





REGISTERED OFFICE: Aldersyde
The Avenue
Medburn
Newcastle upon Tyne
NE20 0JD





REGISTERED NUMBER: 12283113 (England and Wales)





ACCOUNTANTS: Ribchesters
Chartered Accountants
Finchale House
Belmont Business Park
Durham
DH1 1TW

E&A HOLDING LIMITED (REGISTERED NUMBER: 12283113)

BALANCE SHEET
28 FEBRUARY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,721 3,537
Investment property 5 225,500 225,500
228,221 229,037

CURRENT ASSETS
Cash at bank 1,957 863

CREDITORS
Amounts falling due within one year 6 132,238 135,591
NET CURRENT LIABILITIES (130,281 ) (134,728 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

97,940

94,309

CREDITORS
Amounts falling due after more than one
year

7

(67,500

)

(67,500

)

PROVISIONS FOR LIABILITIES (5,152 ) (5,152 )
NET ASSETS 25,288 21,657

CAPITAL AND RESERVES
Called up share capital 9 2 2
Retained earnings 10 25,286 21,655
SHAREHOLDERS' FUNDS 25,288 21,657

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 director acknowledges his 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.

E&A HOLDING LIMITED (REGISTERED NUMBER: 12283113)

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 November 2023 and were signed by:





S E Tang - Director


E&A HOLDING LIMITED (REGISTERED NUMBER: 12283113)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

1. STATUTORY INFORMATION

E&A Holding 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 as modified by the revaluation of certain assets.

Turnover
Turnover derives from rent due from properties held for investment. Income is recognised on a receivable basis.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - straight line over 5 years

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3. EMPLOYEES AND DIRECTORS

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

E&A HOLDING LIMITED (REGISTERED NUMBER: 12283113)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2022
and 28 February 2023 4,080
DEPRECIATION
At 1 March 2022 543
Charge for year 816
At 28 February 2023 1,359
NET BOOK VALUE
At 28 February 2023 2,721
At 28 February 2022 3,537

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 March 2022
and 28 February 2023 225,500
NET BOOK VALUE
At 28 February 2023 225,500
At 28 February 2022 225,500

Fair value at 28 February 2023 is represented by:
£   
Valuation in 2023 225,500

If investment property had not been revalued they would have been included at the following historical cost:

2023 2022
£    £   
Cost 204,895 204,895

The investment properties were valued on an open market basis on 28 February 2023 by the director .

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 2,286 -
Taxation and social security 3,883 1,600
Other creditors 126,069 133,991
132,238 135,591

E&A HOLDING LIMITED (REGISTERED NUMBER: 12283113)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2023

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 67,500 67,500

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 67,500 67,500

8. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
Bank loans 67,500 67,500

The bank loan is secured against the assets of the company.

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
2 Ordinary £1.00 2 2

10. RESERVES

The retained earnings includes £15,453 of non-distributable reserves, which relate to the increase in fair value of the investment properties, less deferred tax, which under FRS102 is recognised through the profit and loss account.

11. RELATED PARTY DISCLOSURES

During the year the director maintained an interest free loan to the company. At 28 February 2023 the balance on the loan was £123,909 (2022: £132,012).