09430951falsecommercial and residential landlord2022-08-012023-07-31http://www.companieshouse.gov.uk/2022-07-31http://www.companieshouse.gov.uk/pt:ShareCapital2022-07-31http://www.companieshouse.gov.uk/cd:Director12022-08-012023-07-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-07-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12022-08-012023-07-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2022-08-012023-07-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2022-08-012023-07-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-07-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2022-07-31http://www.companieshouse.gov.uk/2022-08-012023-07-31http://www.companieshouse.gov.uk/2022-07-31http://www.companieshouse.gov.uk/cd:FRS1022022-08-012023-07-31http://www.companieshouse.gov.uk/2023-07-31http://www.companieshouse.gov.uk/cd:FullAccounts2022-08-012023-07-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2022-08-012023-07-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 09430951

ERA Estates Limited

ACCOUNTS
FOR THE YEAR ENDED 31/07/2023


ERA Estates Limited

ACCOUNTS
FOR THE YEAR ENDED 31/07/2023
DIRECTORS
Adrian Moloney
REGISTERED OFFICE
123 Dollis Hill Avenue
London
NW2 6RB
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 09430951

ERA Estates Limited

ACCOUNTS
FOR THEYEARENDED31/07/2023
CONTENTS
Page
Directors' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

ERA Estates Limited

BALANCE SHEET AT 31/07/2023
20232022
Notes££
FIXED ASSETS
Tangible assets31,250,0001,250,000
Investment Assets45050
1,250,0501,250,050
CURRENT ASSETS
Cash at bank and in hand61,1966,353
61,1966,353
CREDITORS: Amounts falling due within one year6936,937910,159
NET CURRENT LIABILITIES(875,741)(903,806)
TOTAL ASSETS LESS CURRENT LIABILITIES374,309346,244
PROVISIONS FOR LIABILITIES AND CHARGES750,49350,493
NET ASSETS323,816295,751
CAPITAL AND RESERVES
Called up share capital8100100
Revaluation reserve1d,9235,502235,502
Profit and loss account88,21460,149
SHAREHOLDERS' FUNDS323,816295,751
For the year ending 31/07/2023 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 30/07/2024 and signed on their behalf by
.............................
Adrian Moloney
Director

ERA Estates Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/07/2023
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Investment Properties
Investment properties are included in the financial statements at open market value. No depreciation is provided on such property in compliance with the Financial Reporting Standard for Smaller Entities. This departure from Companies Act requirements is necessary to show a true and fair view.
1c. Investments
Fixed asset investments are shown at cost less amounts written off.
Provisions are made for permanent fluctuations in value.
1d. Revaluation Reserve
Surpluses or deficits arising on the revaluation of individual fixed assets other than investment properties are credited or debited to a non-distributible reserve known as the revaluation reserve (see also note 9).
Revaluation deficits in excess of the amount of prior revaluation surpluses on the same asset are charged to the profit and loss account.
2. EMPLOYEES
20232022
No.No.
Average number of employees11

ERA Estates Limited

3. TANGIBLE FIXED ASSETS
Land And
BuildingsTotal
££
Cost
At 01/08/20221,250,0001,250,000
At 31/07/20231,250,0001,250,000
Depreciation
At 31/07/2023--
Net Book Amounts
At 31/07/20231,250,0001,250,000
At 31/07/20221,250,0001,250,000
4. FINANCIAL ASSETS
Shares in group companies
and participating interestsTotal
££
Cost
At 01/08/20225050
At 31/07/20235050
Amortisation
Net Book Amounts
At 31/07/20235050
At 31/07/20225050
5. INVESTMENT PROPERTIES
Investment
PropertiesTotal
££
Fair value
At 01/08/20221,250,0001,250,000
At 31/07/20231,250,0001,250,000

ERA Estates Limited

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232022
££
Bank loans and overdrafts-55,993
Taxation and social security6,5837,392
Other creditors930,354846,774
936,937910,159
7. PROVISIONS FOR LIABILITIES 20232022
££
Deferred taxation50,49350,493
50,49350,493
8. SHARE CAPITAL 20232022
££
Allotted, issued and fully paid:
100 Ordinary shares of £1 each100100
100100
9. REVALUATION RESERVE 20232022
££
Revaluation reserve235,502235,502
235,502235,502
10. RELATED PARTY TRANSACTIONS
During the year the company charged A Moloney Construction Limited, a company under common control and directorship, rent of £6,600 (2022: £6,600). There is also a loan to the Company from A Moloney Construction Limited which is interest free and repayable on demand. The balance at the year end was £888,545 (2022: £843,585).