Registered number
14430195
EHL ESTATES LIMITED
Filleted Accounts
31 October 2023
EHL ESTATES LIMITED
Registered number: 14430195
Balance Sheet
as at 31 October 2023
Notes 2023
£
Fixed assets
Tangible assets 3 3,039,164
Current assets
Debtors 4 330,000
Cash at bank and in hand 112,457
442,457
Creditors: amounts falling due within one year 5 (75,902)
Net current assets 366,555
Total assets less current liabilities 3,405,719
Creditors: amounts falling due after more than one year 6 (3,151,000)
Net assets 254,719
Capital and reserves
Called up share capital 100
Profit and loss account 254,619
Shareholders' funds 254,719
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr Niketkumar Dipakkumar Shah
Director
Approved by the board on 18 August 2024
EHL ESTATES LIMITED
Notes to the Accounts
for the year ended 31 October 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 5 years
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees 2023
Number
Average number of persons employed by the company 1
3 Tangible fixed assets
Land and buildings
£
Cost
Additions 3,039,164
At 31 October 2023 3,039,164
Depreciation
At 31 October 2023 -
Net book value
At 31 October 2023 3,039,164
4 Debtors 2023
£
Trade debtors 330,000
5 Creditors: amounts falling due within one year 2023
£
Trade creditors 713
Taxation and social security costs 74,642
Other creditors 547
75,902
6 Creditors: amounts falling due after one year 2023
£
Amounts owed to undertakings in which the company has a participating interest 3,151,000
7 Other information
EHL ESTATES LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
249 Ongar Road
Brentwood
Essex
United Kingdom
CM15 9DZ
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