E P Court Limited 11353021 true 2023-02-01 2024-01-31 2024-01-31 The principal activity of the company is holding company Digita Accounts Production Advanced 6.30.9574.0 true false true 11353021 2023-02-01 2024-01-31 11353021 2024-01-31 11353021 bus:OrdinaryShareClass1 2024-01-31 11353021 core:CurrentFinancialInstruments core:WithinOneYear 2024-01-31 11353021 core:Non-currentFinancialInstruments core:AfterOneYear 2024-01-31 11353021 bus:SmallEntities 2023-02-01 2024-01-31 11353021 bus:AuditExemptWithAccountantsReport 2023-02-01 2024-01-31 11353021 bus:FullAccounts 2023-02-01 2024-01-31 11353021 bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 11353021 bus:RegisteredOffice 2023-02-01 2024-01-31 11353021 bus:Director1 2023-02-01 2024-01-31 11353021 bus:OrdinaryShareClass1 2023-02-01 2024-01-31 11353021 bus:EntityHasNeverTraded 2023-02-01 2024-01-31 11353021 bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 11353021 countries:EnglandWales 2023-02-01 2024-01-31 11353021 core:CostValuation 2023-01-31 11353021 2022-02-01 2023-01-31 11353021 2023-01-31 11353021 bus:OrdinaryShareClass1 2023-01-31 11353021 core:CurrentFinancialInstruments core:WithinOneYear 2023-01-31 11353021 core:Non-currentFinancialInstruments core:AfterOneYear 2023-01-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 11353021

E P Court Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 January 2024

 

E P Court Limited

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 5

 

E P Court Limited

(Registration number: 11353021)
Balance Sheet as at 31 January 2024

Note

2024
£

2023
£

Fixed assets

 

Investments

4

304,195

304,195

Creditors: Amounts falling due within one year

5

(193,324)

(179,494)

Total assets less current liabilities

 

110,871

124,701

Creditors: Amounts falling due after more than one year

5

(23,000)

(35,000)

Net assets

 

87,871

89,701

Capital and reserves

 

Called up share capital

6

120

120

Retained earnings

87,751

89,581

Shareholders' funds

 

87,871

89,701

For the financial year ending 31 January 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

For the financial year ending 31 January 2024 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The Director acknowledges his 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 Director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 22 October 2024
 

.........................................
E P Court
Director

 

E P Court Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2024

1

General information

The Company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
8 High Street
Kirton Lindsey
Gainsborough
DN21 4LU

These financial statements were authorised for issue by the director on 22 October 2024.

2

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.

The financial statements have been prepared in sterling and are rounded to the nearest pound.

Going concern

The financial statements have been prepared on a going concern basis.

Exemption from preparing group accounts

The company has taken advantage of the exemption in section 398 of the Companies Act 2006 from the requirement to prepare consolidated financial statements, on the grounds that it is a small sized group.

Business combinations

Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the Company in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the Company includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.

 

E P Court Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2024

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.


Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the Company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

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.

Dividends

Dividend distribution to the Company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the Company (including the Director) during the year, was 1 (2023 - 1).

 

E P Court Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2024

4

Investments

2024
£

2023
£

Investments in subsidiaries

304,195

304,195

Subsidiaries

£

Cost or valuation

At 1 February 2023

304,195

Provision

Carrying amount

At 31 January 2024

304,195

At 31 January 2023

304,195

 

E P Court Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2024

5

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Amounts owed to group undertakings in which the company has a participating interest

44,440

68,610

Other payables

 

148,284

110,284

Accruals

 

600

600

 

193,324

179,494

Due after one year

 

Other non-current financial liabilities

 

23,000

35,000

Creditors: amounts falling due after more than one year

2024
£

2023
£

Due after one year

Other non-current financial liabilities

23,000

35,000

2024
£

2023
£

Due after more than five years

-

-

6

Share capital

Allotted, called up and fully paid shares

 

2024

2023

 

No.

£

No.

£

Ordinary shares of £1 each

120

120

120

120