1 December 2022 false No description of principal activity Taxfiler 2024.5 13753952business:PrivateLimitedCompanyLtd2022-12-012023-11-30 137539522022-11-30 137539522022-12-012023-11-30 13753952business:AuditExemptWithAccountantsReport2022-12-012023-11-30 13753952business:FilletedAccounts2022-12-012023-11-30 137539522023-11-30 13753952business:Director12022-12-012023-11-30 13753952business:Director22022-12-012023-11-30 13753952business:RegisteredOffice2022-12-012023-11-30 137539522022-11-30 13753952core:WithinOneYear2023-11-30 13753952core:WithinOneYear2022-11-30 13753952core:ShareCapitalcore:PreviouslyStatedAmount2023-11-30 13753952core:ShareCapitalcore:PreviouslyStatedAmount2022-11-30 13753952core:SharePremiumcore:PreviouslyStatedAmount2023-11-30 13753952core:SharePremiumcore:PreviouslyStatedAmount2022-11-30 13753952core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-11-30 13753952core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-11-30 13753952core:PreviouslyStatedAmount2023-11-30 13753952core:PreviouslyStatedAmount2022-11-30 13753952business:SmallEntities2022-12-012023-11-30 13753952countries:EnglandWales2022-12-012023-11-30 13753952core:LandBuildings2022-12-012023-11-30 13753952core:LandBuildings2022-11-30 13753952core:LandBuildings2023-11-30 137539522021-12-012022-11-30 iso4217:GBP xbrli:pure
Company Registration No. 13753952 (England and Wales)
E.r.n.2 Ltd Unaudited accounts for the year ended 30 November 2023
E.r.n.2 Ltd Unaudited accounts Contents
Page
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E.r.n.2 Ltd Company Information for the year ended 30 November 2023
Directors
Carol Gaye O'Connor Francis Anthony O'Connor
Company Number
13753952 (England and Wales)
Registered Office
87 Stanford Avenue Brighton BN1 6FA England
Accountants
KB & Co. Chartered Certified Accountants Suite 36, 151 Trafalgar Road Greenwich London SE10 9TX
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E.r.n.2 Ltd Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,000,000 
2,000,000 
Current assets
Debtors
1,436 
3,489 
Cash at bank and in hand
110,180 
62,750 
111,616 
66,239 
Creditors: amounts falling due within one year
(556,917)
(564,356)
Net current liabilities
(445,301)
(498,117)
Net assets
1,554,699 
1,501,883 
Capital and reserves
Called up share capital
98 
98 
Share premium
1,503,555 
1,503,555 
Profit and loss account
51,046 
(1,770)
Shareholders' funds
1,554,699 
1,501,883 
For the year ending 30 November 2023 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 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 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 of Directors and authorised for issue on 30 August 2024 and were signed on its behalf by
Francis Anthony O'Connor Director Company Registration No. 13753952
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E.r.n.2 Ltd Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
E.r.n.2 Ltd is a private company, limited by shares, registered in England and Wales, registration number 13753952. The registered office is 87 Stanford Avenue, Brighton, BN1 6FA, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Income
Income is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Income from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Income 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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Land & building is not depreciated
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 December 2022
2,000,000 
At 30 November 2023
2,000,000 
Depreciation
At 30 November 2023
- 
Net book value
At 30 November 2023
2,000,000 
At 30 November 2022
2,000,000 
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E.r.n.2 Ltd Notes to the Accounts for the year ended 30 November 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
1,436 
- 
Other debtors
- 
3,489 
1,436 
3,489 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
18,999 
5,521 
Other creditors
3,200 
3,489 
Loans from directors
528,943 
526,895 
Accruals
1,250 
3,090 
Deferred income
4,525 
25,361 
556,917 
564,356 
7
Transactions with related parties
During the year, the director paid for expenses on behalf of the Company totalling £1,694. This is treated as a loan from the director and is interest free and repayable on demand. At the balance sheet date, the Company owed the director £528,942 (2022: £527,248).
8
Average number of employees
During the year the average number of employees was 3 (2022: 3).
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