2023-02-012024-01-312024-01-31false12404797E&W INVESTMENTS LTD2024-10-30iso4217:GBPxbrli:pure124047972023-02-01124047972024-01-31124047972023-02-012024-01-31124047972022-02-01124047972023-01-31124047972022-02-012023-01-3112404797bus:SmallEntities2023-02-012024-01-3112404797bus:AuditExempt-NoAccountantsReport2023-02-012024-01-3112404797bus:FullAccounts2023-02-012024-01-3112404797bus:PrivateLimitedCompanyLtd2023-02-012024-01-3112404797core:WithinOneYear2024-01-3112404797core:AfterOneYear2024-01-3112404797core:WithinOneYear2023-01-3112404797core:AfterOneYear2023-01-3112404797core:ShareCapital2024-01-3112404797core:SharePremium2024-01-3112404797core:RevaluationReserve2024-01-3112404797core:OtherReservesSubtotal2024-01-3112404797core:RetainedEarningsAccumulatedLosses2024-01-3112404797core:ShareCapital2023-01-3112404797core:SharePremium2023-01-3112404797core:RevaluationReserve2023-01-3112404797core:OtherReservesSubtotal2023-01-3112404797core:RetainedEarningsAccumulatedLosses2023-01-3112404797core:LandBuildings2024-01-3112404797core:PlantMachinery2024-01-3112404797core:Vehicles2024-01-3112404797core:FurnitureFittings2024-01-3112404797core:OfficeEquipment2024-01-3112404797core:NetGoodwill2024-01-3112404797core:IntangibleAssetsOtherThanGoodwill2024-01-3112404797core:ListedExchangeTraded2024-01-3112404797core:UnlistedNon-exchangeTraded2024-01-3112404797core:LandBuildings2023-01-3112404797core:PlantMachinery2023-01-3112404797core:Vehicles2023-01-3112404797core:FurnitureFittings2023-01-3112404797core:OfficeEquipment2023-01-3112404797core:NetGoodwill2023-01-3112404797core:IntangibleAssetsOtherThanGoodwill2023-01-3112404797core:ListedExchangeTraded2023-01-3112404797core:UnlistedNon-exchangeTraded2023-01-3112404797core:LandBuildings2023-02-012024-01-3112404797core:PlantMachinery2023-02-012024-01-3112404797core:Vehicles2023-02-012024-01-3112404797core:FurnitureFittings2023-02-012024-01-3112404797core:OfficeEquipment2023-02-012024-01-3112404797core:NetGoodwill2023-02-012024-01-3112404797core:IntangibleAssetsOtherThanGoodwill2023-02-012024-01-3112404797core:ListedExchangeTraded2023-02-012024-01-3112404797core:UnlistedNon-exchangeTraded2023-02-012024-01-3112404797core:MoreThanFiveYears2023-02-012024-01-3112404797core:Non-currentFinancialInstruments2024-01-3112404797core:Non-currentFinancialInstruments2023-01-3112404797dpl:CostSales2023-02-012024-01-3112404797dpl:DistributionCosts2023-02-012024-01-3112404797core:LandBuildings2023-02-012024-01-3112404797core:PlantMachinery2023-02-012024-01-3112404797core:Vehicles2023-02-012024-01-3112404797core:FurnitureFittings2023-02-012024-01-3112404797core:OfficeEquipment2023-02-012024-01-3112404797dpl:AdministrativeExpenses2023-02-012024-01-3112404797core:NetGoodwill2023-02-012024-01-3112404797core:IntangibleAssetsOtherThanGoodwill2023-02-012024-01-3112404797dpl:GroupUndertakings2023-02-012024-01-3112404797dpl:ParticipatingInterests2023-02-012024-01-3112404797dpl:GroupUndertakingscore:ListedExchangeTraded2023-02-012024-01-3112404797core:ListedExchangeTraded2023-02-012024-01-3112404797dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-02-012024-01-3112404797core:UnlistedNon-exchangeTraded2023-02-012024-01-3112404797dpl:CostSales2022-02-012023-01-3112404797dpl:DistributionCosts2022-02-012023-01-3112404797core:LandBuildings2022-02-012023-01-3112404797core:PlantMachinery2022-02-012023-01-3112404797core:Vehicles2022-02-012023-01-3112404797core:FurnitureFittings2022-02-012023-01-3112404797core:OfficeEquipment2022-02-012023-01-3112404797dpl:AdministrativeExpenses2022-02-012023-01-3112404797core:NetGoodwill2022-02-012023-01-3112404797core:IntangibleAssetsOtherThanGoodwill2022-02-012023-01-3112404797dpl:GroupUndertakings2022-02-012023-01-3112404797dpl:ParticipatingInterests2022-02-012023-01-3112404797dpl:GroupUndertakingscore:ListedExchangeTraded2022-02-012023-01-3112404797core:ListedExchangeTraded2022-02-012023-01-3112404797dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-02-012023-01-3112404797core:UnlistedNon-exchangeTraded2022-02-012023-01-3112404797core:NetGoodwill2024-01-3112404797core:IntangibleAssetsOtherThanGoodwill2024-01-3112404797core:LandBuildings2024-01-3112404797core:PlantMachinery2024-01-3112404797core:Vehicles2024-01-3112404797core:FurnitureFittings2024-01-3112404797core:OfficeEquipment2024-01-3112404797core:AfterOneYear2024-01-3112404797core:WithinOneYear2024-01-3112404797core:ListedExchangeTraded2024-01-3112404797core:UnlistedNon-exchangeTraded2024-01-3112404797core:ShareCapital2024-01-3112404797core:SharePremium2024-01-3112404797core:RevaluationReserve2024-01-3112404797core:OtherReservesSubtotal2024-01-3112404797core:RetainedEarningsAccumulatedLosses2024-01-3112404797core:NetGoodwill2023-01-3112404797core:IntangibleAssetsOtherThanGoodwill2023-01-3112404797core:LandBuildings2023-01-3112404797core:PlantMachinery2023-01-3112404797core:Vehicles2023-01-3112404797core:FurnitureFittings2023-01-3112404797core:OfficeEquipment2023-01-3112404797core:AfterOneYear2023-01-3112404797core:WithinOneYear2023-01-3112404797core:ListedExchange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E&W INVESTMENTS LTD

Registered Number
12404797
(England and Wales)

Unaudited Financial Statements for the Year ended
31 January 2024

E&W INVESTMENTS LTD
Company Information
for the year from 1 February 2023 to 31 January 2024

Directors

IRLAM, Elena Louise
IRLAM, William James

Registered Address

Old Breastead Heybridge Lane
Prestbury
Macclesfield
SK10 4ES

Registered Number

12404797 (England and Wales)
E&W INVESTMENTS LTD
Balance Sheet as at
31 January 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Investment property3711,596711,596
711,596711,596
Current assets
Stocks43,327-
Cash at bank and on hand763910
4,090910
Creditors amounts falling due within one year5(689,871)(699,995)
Net current assets (liabilities)(685,781)(699,085)
Total assets less current liabilities25,81512,511
Provisions for liabilities6(2,850)(2,850)
Net assets22,9659,661
Capital and reserves
Called up share capital100100
Revaluation reserve12,15012,150
Profit and loss account10,715(2,589)
Shareholders' funds22,9659,661
The financial statements were approved and authorised for issue by the Board of Directors on 30 October 2024, and are signed on its behalf by:
IRLAM, Elena Louise
Director
IRLAM, William James
Director

Registered Company No. 12404797
E&W INVESTMENTS LTD
Notes to the Financial Statements
for the year ended 31 January 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover 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.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Investment property
Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by the directors. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.
Stocks and work in progress
Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss. Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.
2.Average number of employees

20242023
Average number of employees during the year22
3.Investment property
The investment property portfolio was valued on 31st January 2024 by the directors and no further valuation has taken place. The historical costs of the investment property portfolio is £696,596 (2023 - £696,596). There has been no valuation of investment property by an independent valuer.

£
Fair value at 01 February 23711,596
At 31 January 24711,596
4.Stocks

2024

2023

££
Work in progress3,327-
Total3,327-
5.Creditors: amounts due within one year

2024

2023

££
Taxation and social security3,215568
Other creditors685,264696,042
Accrued liabilities and deferred income1,3923,385
Total689,871699,995
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
6.Provisions for liabilities

2024

2023

££
Net deferred tax liability (asset)2,8502,850
Total2,8502,850