Registered number
10760240
E & W Holdings Ltd
Filleted Accounts
29 February 2024
E & W Holdings Ltd
Registered number: 10760240
Balance Sheet
as at 29 February 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 230,000 230,000
Investments 4 564,388 564,388
794,388 794,388
Current assets
Debtors 5 3,093,472 3,672,463
Cash at bank and in hand 3,657,298 3,227,731
6,750,770 6,900,194
Creditors: amounts falling due within one year 6 (24,933) (13,934)
Net current assets 6,725,837 6,886,260
Net assets 7,520,225 7,680,648
Capital and reserves
Called up share capital 100 100
Profit and loss account 7,520,125 7,680,548
Shareholders' funds 7,520,225 7,680,648
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr J O Williams
Director
Approved by the board on 30 October 2024
E & W Holdings Ltd
Notes to the Accounts
for the year ended 29 February 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Freehold buildings over 50 years
Leasehold land and buildings over the lease term
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. 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.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 0 0
3 Tangible fixed assets
Land and buildings
£
Cost
At 1 March 2023 230,000
At 29 February 2024 230,000
Depreciation
At 29 February 2024 -
Net book value
At 29 February 2024 230,000
At 28 February 2023 230,000
4 Investments
Investments in
subsidiary
undertakings
£
Cost
At 1 March 2023 564,388
At 29 February 2024 564,388
5 Debtors 2024 2023
£ £
Prepayments 4,293 3,284
Loan Egham 1,125,060 1,125,060
Loan Markey 250,030 250,030
Loan EPP 1,464,000 1,704,000
Loan EPP 250,000 250,000
Director's loan account 89 340,089
3,093,472 3,672,463
6 Creditors: amounts falling due within one year 2024 2023
£ £
Taxation and social security costs 23,133 12,134
Other creditors 1,800 1,800
24,933 13,934
7 Other information
E & W Holdings Ltd is a private company limited by shares and incorporated in England. Its registered office is:
55 Parsonage St
Dursley
Glos
GL11 4BP
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