1 September 2021 false No description of principal activity Taxfiler 2024.6 11293779business:PrivateLimitedCompanyLtd2021-09-012022-08-31 112937792021-08-31 112937792021-09-012022-08-31 11293779business:AuditExempt-NoAccountantsReport2021-09-012022-08-31 11293779business:FilletedAccounts2021-09-012022-08-31 112937792022-08-31 11293779business:Director12021-09-012022-08-31 11293779business:Director22021-09-012022-08-31 11293779business:RegisteredOffice2021-09-012022-08-31 112937792021-08-31 11293779core:WithinOneYear2022-08-31 11293779core:WithinOneYear2021-08-31 11293779core:AfterOneYear2022-08-31 11293779core:AfterOneYear2021-08-31 11293779core:ShareCapitalcore:PreviouslyStatedAmount2022-08-31 11293779core:ShareCapitalcore:PreviouslyStatedAmount2021-08-31 11293779core:SharePremiumcore:PreviouslyStatedAmount2022-08-31 11293779core:SharePremiumcore:PreviouslyStatedAmount2021-08-31 11293779core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-08-31 11293779core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2021-08-31 11293779core:PreviouslyStatedAmount2022-08-31 11293779core:PreviouslyStatedAmount2021-08-31 11293779business:SmallEntities2021-09-012022-08-31 11293779countries:EnglandWales2021-09-012022-08-31 11293779business:OrdinaryShareClass12021-09-012022-08-31 11293779business:OrdinaryShareClass12020-09-012021-08-31 11293779business:OrdinaryShareClass22021-09-012022-08-31 11293779business:OrdinaryShareClass22020-09-012021-08-31 11293779business:AllOrdinaryShares2021-09-012022-08-31 11293779business:AllOrdinaryShares2020-09-012021-08-31 112937792020-09-012021-08-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 11293779 (England and Wales)
EREC Parkside Two Developments Ltd Unaudited accounts for the year ended 31 August 2022
EREC Parkside Two Developments Ltd Unaudited accounts Contents
Page
- 2 -
EREC Parkside Two Developments Ltd Company Information for the year ended 31 August 2022
Directors
Mr W Gu Mr A Jamieson
Company Number
11293779 (England and Wales)
Registered Office
8TH FLOOR EATON HOUSE 1 EATON ROAD COVENTRY CV1 2FJ ENGLAND
- 3 -
EREC Parkside Two Developments Ltd Statement of financial position as at 31 August 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Investments
4,320,000 
4,320,000 
Current assets
Debtors
70,002 
70,390 
Cash at bank and in hand
475 
60 
70,477 
70,450 
Creditors: amounts falling due within one year
(16,010)
(12,650)
Net current assets
54,467 
57,800 
Total assets less current liabilities
4,374,467 
4,377,800 
Creditors: amounts falling due after more than one year
(36,670)
(39,000)
Net assets
4,337,797 
4,338,800 
Capital and reserves
Called up share capital
10 
10 
Share premium
4,499,992 
4,499,992 
Profit and loss account
(162,205)
(161,202)
Shareholders' funds
4,337,797 
4,338,800 
For the year ending 31 August 2022 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 11 November 2024 and were signed on its behalf by
Mr W Gu Director Company Registration No. 11293779
- 4 -
EREC Parkside Two Developments Ltd Notes to the Accounts for the year ended 31 August 2022
1
Statutory information
EREC Parkside Two Developments Ltd is a private company, limited by shares, registered in England and Wales, registration number 11293779. The registered office is 8TH FLOOR EATON HOUSE, 1 EATON ROAD, COVENTRY, CV1 2FJ, 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.
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 group.
Investments
Investments in shares are included at fair value.
4
Investments
Subsidiary undertakings 
£ 
Valuation at 1 September 2021
4,320,000 
Valuation at 31 August 2022
4,320,000 
5
Debtors
2022 
2021 
£ 
£ 
Amounts falling due within one year
Trade debtors
2 
2 
Amounts due from group undertakings etc.
- 
70,388 
Other debtors
70,000 
- 
70,002 
70,390 
6
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Bank loans and overdrafts
9,398 
11,000 
Amounts owed to group undertakings and other participating interests
4,712 
- 
Accruals
1,900 
1,650 
16,010 
12,650 
- 5 -
EREC Parkside Two Developments Ltd Notes to the Accounts for the year ended 31 August 2022
7
Creditors: amounts falling due after more than one year
2022 
2021 
£ 
£ 
Bank loans
36,670 
39,000 
8
Share capital
2022 
2021 
£ 
£ 
Allotted, called up and fully paid:
8 A Ordinary shares of £1 each
8 
8 
2 B Ordinary shares of £1 each
2 
2 
10 
10 
9
Transactions with related parties
Summary of transactions with entities with joint control or significant influence. Owed from Mr Lau Tin Lap £70,000 (2021 (£70,000). Owed to Uninn Parkside Developments Limited £4,712 (2021 owed from £388).
10
Controlling party
The ultimate controlling party is Mr Lau Tin Lap.
11
Average number of employees
During the year the average number of employees was 0 (2021: 0).
- 6 -