Company Registration No. 12083425 (England and Wales)
EARLS HOLDINGS TWO LIMITED
Unaudited accounts
for the year ended 31 December 2023
EARLS HOLDINGS TWO LIMITED
Statement of financial position
as at 31 December 2023
Investment property
262,557
-
Cash at bank and in hand
979
100
Creditors: amounts falling due within one year
(2,112)
-
Net current (liabilities)/assets
(1,133)
100
Total assets less current liabilities
261,424
100
Creditors: amounts falling due after more than one year
(264,200)
-
Net (liabilities)/assets
(2,776)
100
Called up share capital
100
100
Profit and loss account
(2,876)
-
Shareholders' funds
(2,776)
100
For the year ending 31 December 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant 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 22 September 2024 and were signed on its behalf by
Andre Barrett
Director
Company Registration No. 12083425
EARLS HOLDINGS TWO LIMITED
Notes to the Accounts
for the year ended 31 December 2023
EARLS HOLDINGS TWO LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12083425. The registered office is First Floor Offices, 25 Sanders Road, Finedon Road Industrial Estate, Wellingborough, Northants, NN8 4NL, United Kingdom.
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.
These financial statements for the year ended 31 December 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 January 2022.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
Turnover represents the value of gross rent due to the company for the financial year.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
At 31 December 2023
262,557
5
Creditors: amounts falling due within one year
2023
2022
Amounts owed to group undertakings and other participating interests
80
-
Loans from directors
1,048
-
EARLS HOLDINGS TWO LIMITED
Notes to the Accounts
for the year ended 31 December 2023
6
Creditors: amounts falling due after more than one year
2023
2022
The bank loan is secured against the investment property.
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
The ultimate parent company is BARRETT VENTURES LTD (Company number: 10538991). The registered office of the ultimate parent company is 20-22 Wenlock Road, London, N1 7GU.
9
Average number of employees
During the year the average number of employees was 0 (2022: 0).