Registration number:
ESJF Property Limited
for the Year Ended 30 April 2024
ESJF Property Limited
Contents
Company Information |
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Balance Sheet |
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Notes to the Unaudited Financial Statements |
ESJF Property Limited
Company Information
Directors |
J M T Flintham E C Sylvester |
Registered office |
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Accountants |
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ESJF Property Limited
(Registration number: 12134435)
Balance Sheet as at 30 April 2024
Note |
2024 |
2023 |
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Fixed assets |
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Tangible assets |
- |
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Investment property |
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- |
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Current assets |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
( |
- |
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Net current (liabilities)/assets |
( |
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Total assets less current liabilities |
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Creditors: Amounts falling due after more than one year |
( |
( |
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Net assets |
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Capital and reserves |
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Called up share capital |
24 |
24 |
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Shareholders' funds |
24 |
24 |
For the financial year ending 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.
Approved and authorised by the
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ESJF Property Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 April 2024
General information |
The company is a private company limited by share capital, incorporated in England & Wales.
The address of its registered office is:
These financial statements were authorised for issue by the
Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
Going concern
The financial statements have been prepared on a going concern basis.
Revenue recognition
Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.
Tangible assets
Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.
Depreciation
Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:
ESJF Property Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 April 2024
Asset class |
Depreciation method and rate |
Land |
Not depreciated |
Investment property
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
Staff numbers |
The average number of persons (including directors) employed by the company in the year, was
Tangible assets |
Land and buildings |
Total |
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Cost or valuation |
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At 1 May 2023 |
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Transfers to investment property |
( |
( |
At 30 April 2024 |
- |
- |
Carrying amount |
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At 30 April 2024 |
- |
- |
At 30 April 2023 |
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Included within the net book value of land and buildings above is £Nil (2023: £283,728) in respect of freehold land and buildings.
ESJF Property Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 April 2024
Investment properties |
2024 |
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Additions |
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Transfers from owner-occupied property |
283,728 |
At 30 April |
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There has been no valuation of investment property by an independent valuer.
Creditors |
Creditors: amounts falling due within one year
Note |
2024 |
2023 |
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Due within one year |
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Loans and borrowings |
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- |
Creditors: amounts falling due after more than one year
Note |
2024 |
2023 |
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Due after one year |
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Loans and borrowings |
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2024 |
2023 |
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Due after more than five years |
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After more than five years by instalments |
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- |
- |
- |
ESJF Property Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 April 2024
Loans and borrowings |
Non-current loans and borrowings
2024 |
2023 |
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Bank borrowings |
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- |
Other borrowings |
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Current loans and borrowings
2024 |
2023 |
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Bank borrowings |
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- |
Bank borrowings
The The loan is secured by a mortgage over the company's land and property. |
Other borrowings
Other borrowings is a loan from a compamy under common control denominated in sterling. It is interest free and is due for repayment after one year and a day. The carrying amount at year end is £118,423 (2023: £283,728). |
Share capital |
Allotted, called up and fully paid shares
2024 |
2023 |
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No. |
£ |
No. |
£ |
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24 |
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24 |