IRIS Accounts Production v24.3.2.46 01173363 director 26.6.23 25.6.24 25.6.24 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh011733632023-06-25011733632024-06-25011733632023-06-262024-06-25011733632022-06-25011733632022-06-262023-06-25011733632023-06-2501173363ns15:EnglandWales2023-06-262024-06-2501173363ns14:PoundSterling2023-06-262024-06-2501173363ns10:Director12023-06-262024-06-2501173363ns10:PrivateLimitedCompanyLtd2023-06-262024-06-2501173363ns10:SmallEntities2023-06-262024-06-2501173363ns10:AuditExempt-NoAccountantsReport2023-06-262024-06-2501173363ns10:SmallCompaniesRegimeForDirectorsReport2023-06-262024-06-2501173363ns10:SmallCompaniesRegimeForAccounts2023-06-262024-06-2501173363ns10:FullAccounts2023-06-262024-06-2501173363ns10:CompanySecretary12023-06-262024-06-2501173363ns10:RegisteredOffice2023-06-262024-06-2501173363ns5:CurrentFinancialInstruments2024-06-2501173363ns5:CurrentFinancialInstruments2023-06-2501173363ns5:ShareCapital2024-06-2501173363ns5:ShareCapital2023-06-2501173363ns5:RetainedEarningsAccumulatedLosses2024-06-2501173363ns5:RetainedEarningsAccumulatedLosses2023-06-25
REGISTERED NUMBER: 01173363 (England and Wales)


















Unaudited Financial Statements

for the Year Ended 25 June 2024

for

E.W. Philpot Limited

E.W. Philpot Limited (Registered number: 01173363)






Contents of the Financial Statements
for the Year Ended 25 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


E.W. Philpot Limited

Company Information
for the Year Ended 25 June 2024







DIRECTOR: A. Philpot





SECRETARY: A. Philpot





REGISTERED OFFICE: Suite 1
19 Aviation Way
Southend Airport
Southend on Sea
Essex
SS2 6UN





REGISTERED NUMBER: 01173363 (England and Wales)





ACCOUNTANTS: Anser Solutions Ltd
Chartered Accountants
Suite 1
19 Aviation Way
Southend Airport
Southend on Sea
Essex
SS2 6UN

E.W. Philpot Limited (Registered number: 01173363)

Balance Sheet
25 June 2024

25.6.24 25.6.23
Notes £    £    £    £   
FIXED ASSETS
Investment property 3 102,827 102,827

CURRENT ASSETS
Cash at bank 3,142 4,738

CREDITORS
Amounts falling due within one year 4 81,079 88,833
NET CURRENT LIABILITIES (77,937 ) (84,095 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

24,890

18,732

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 24,790 18,632
SHAREHOLDERS' FUNDS 24,890 18,732

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 25 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 25 June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 January 2025 and were signed by:





A. Philpot - Director


E.W. Philpot Limited (Registered number: 01173363)

Notes to the Financial Statements
for the Year Ended 25 June 2024

1. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

3. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 26 June 2023
and 25 June 2024 102,827
NET BOOK VALUE
At 25 June 2024 102,827
At 25 June 2023 102,827

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
25.6.24 25.6.23
£    £   
Trade creditors 85 -
Taxation and social security 4,018 3,499
Other creditors 76,976 85,334
81,079 88,833