Company Registration No. 12543428 (England and Wales)
EARL & BAKSHI ESTATES LIMITED
Unaudited accounts
for the year ended 30 April 2024
EARL & BAKSHI ESTATES LIMITED
Statement of financial position
as at 30 April 2024
Investment property
186,671
-
Cash at bank and in hand
4,989
100
Creditors: amounts falling due within one year
(1,540)
(288)
Net current assets/(liabilities)
3,449
(188)
Total assets less current liabilities
190,120
(188)
Creditors: amounts falling due after more than one year
(191,975)
(166)
Net liabilities
(1,855)
(354)
Called up share capital
100
100
Profit and loss account
(1,955)
(454)
Shareholders' funds
(1,855)
(354)
For the year ending 30 April 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and authorised for issue on 18 January 2025 and were signed on its behalf by
Akshay Gujral
Director
Company Registration No. 12543428
EARL & BAKSHI ESTATES LIMITED
Notes to the Accounts
for the year ended 30 April 2024
EARL & BAKSHI ESTATES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12543428. The registered office is 22 Humber Gardens, Wellingborough, Northamptonshire, NN8 5WE.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is the gross rent due for the period.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
The historic cost of the property is £186,671.
5
Creditors: amounts falling due within one year
2024
2023
EARL & BAKSHI ESTATES LIMITED
Notes to the Accounts
for the year ended 30 April 2024
6
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
52,734
166
The bank loan is secured against the investment property.
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).