Company Registration No. 12022942 (England and Wales)
EMIRU PROPERTIES LTD
Unaudited accounts
for the year ended 31 May 2024
EMIRU PROPERTIES LTD
Unaudited accounts
Contents
EMIRU PROPERTIES LTD
Company Information
for the year ended 31 May 2024
Director
Joseph Emmanuel Emiru
Company Number
12022942 (England and Wales)
Registered Office
90 BEXLEY ROAD
ERITH
KENT
DA8 3SP
ENGLAND
EMIRU PROPERTIES LTD
Statement of financial position
as at 31 May 2024
Investment property
320,000
258,000
Cash at bank and in hand
4,626
2,840
Creditors: amounts falling due within one year
(862)
(830)
Net current assets
10,551
8,479
Total assets less current liabilities
330,551
266,479
Creditors: amounts falling due after more than one year
(320,000)
(258,000)
Called up share capital
1
1
Profit and loss account
10,550
8,478
Shareholders' funds
10,551
8,479
For the year ending 31 May 2024 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 25 August 3034 and were signed on its behalf by
Joseph Emmanuel Emiru
Director
Company Registration No. 12022942
EMIRU PROPERTIES LTD
Notes to the Accounts
for the year ended 31 May 2024
EMIRU PROPERTIES LTD is a private company, limited by shares, registered in England and Wales, registration number 12022942. The registered office is 90 BEXLEY ROAD, ERITH, KENT, DA8 3SP, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Fair value at 1 June 2023
258,000
Net gain from fair value adjustments
62,000
Investment property is included at market fair value. Anticipated gains on disposal of the property have not been recognised in the income statement. As such, no provision for Deferred taxation has been made.
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
487
530
EMIRU PROPERTIES LTD
Notes to the Accounts
for the year ended 31 May 2024
7
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
186,462
188,217
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).