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REGISTERED NUMBER: 14307133 (England and Wales)


















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 19 AUGUST 2022 TO 31 AUGUST 2023

FOR

ERJ DEVELOPMENTS LTD

ERJ DEVELOPMENTS LTD (REGISTERED NUMBER: 14307133)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 19 AUGUST 2022 TO 31 AUGUST 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


ERJ DEVELOPMENTS LTD

COMPANY INFORMATION
FOR THE PERIOD 19 AUGUST 2022 TO 31 AUGUST 2023







DIRECTORS: Mrs T A Wright
Mr T D Wright





REGISTERED OFFICE: Suite 4, East Barton Barns
East Barton Road
Great Barton
Bury St. Edmunds
Suffolk
IP31 2QY





REGISTERED NUMBER: 14307133 (England and Wales)





ACCOUNTANTS: Twinn Accountants Limited
Suite 4, East Barton Barns
East Barton Road
Great Barton
Bury St. Edmunds
Suffolk
IP31 2QY

ERJ DEVELOPMENTS LTD (REGISTERED NUMBER: 14307133)

BALANCE SHEET
31 AUGUST 2023

Notes £    £   
FIXED ASSETS
Investment property 4 329,628

CURRENT ASSETS
Cash at bank 274

CREDITORS
Amounts falling due within one year 5 333,054
NET CURRENT LIABILITIES (332,780 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(3,152

)

CAPITAL AND RESERVES
Called up share capital 100
Retained earnings (3,252 )
SHAREHOLDERS' FUNDS (3,152 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 August 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 August 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.

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 12 March 2024 and were signed on its behalf by:





Mr T D Wright - Director


ERJ DEVELOPMENTS LTD (REGISTERED NUMBER: 14307133)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 19 AUGUST 2022 TO 31 AUGUST 2023

1. STATUTORY INFORMATION

ERJ Developments Ltd 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.

Investment property
Investment property, which is property held to earn rental and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently, it is measured at fair value at the reporting end date. The surplus or deficit on revaluation is recognised in the profit and loss.

Taxation
Taxation for the period 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 period 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 period was 2 .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 329,628
At 31 August 2023 329,628
NET BOOK VALUE
At 31 August 2023 329,628

ERJ DEVELOPMENTS LTD (REGISTERED NUMBER: 14307133)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 19 AUGUST 2022 TO 31 AUGUST 2023

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Directors' current accounts 332,160
Accrued expenses 894
333,054