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REGISTERED NUMBER: 10726878 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

EWL PROPERTY LIMITED

EWL PROPERTY LIMITED (REGISTERED NUMBER: 10726878)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Report of the Accountants 6

EWL PROPERTY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTOR: Ms S A Eyvindsson





REGISTERED OFFICE: Oak Tree Farm
Newbourne Road
Martlesham
Suffolk
IP12 4PR





REGISTERED NUMBER: 10726878 (England and Wales)





ACCOUNTANTS: LBCA Ltd
1 Waterside
Station Road
Harpenden
Hertfordshire
AL5 4US

EWL PROPERTY LIMITED (REGISTERED NUMBER: 10726878)

BALANCE SHEET
30 APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,424 1,938
Investment property 5 368,885 363,885
372,309 365,823

CURRENT ASSETS
Debtors 6 99 96
Cash at bank and in hand 1,974 2,070
2,073 2,166
CREDITORS
Amounts falling due within one year 7 70,910 61,666
NET CURRENT LIABILITIES (68,837 ) (59,500 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

303,472

306,323

CREDITORS
Amounts falling due after more than one
year

8

(235,225

)

(231,385

)

PROVISIONS FOR LIABILITIES (17,575 ) (16,993 )
NET ASSETS 50,672 57,945

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 50,572 57,845
50,672 57,945

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 17 January 2025 and were signed by:




Ms S A Eyvindsson - Director


EWL PROPERTY LIMITED (REGISTERED NUMBER: 10726878)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1. STATUTORY INFORMATION

EWL Property Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. 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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Income is recognised when services have been supplied to customers.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost and 25% on reducing balance

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.

Deferred taxation is provided on these gains at the rate expected to apply with the property is sold.

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.

3. EMPLOYEES AND DIRECTORS

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

EWL PROPERTY LIMITED (REGISTERED NUMBER: 10726878)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2023 8,416
Additions 2,627
At 30 April 2024 11,043
DEPRECIATION
At 1 May 2023 6,478
Charge for year 1,141
At 30 April 2024 7,619
NET BOOK VALUE
At 30 April 2024 3,424
At 30 April 2023 1,938

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 May 2023 363,885
Revaluations 5,000
At 30 April 2024 368,885
NET BOOK VALUE
At 30 April 2024 368,885
At 30 April 2023 363,885

Fair value at 30 April 2024 is represented by:
£   
Valuation in 2018 7,500
Valuation in 2019 16,000
Valuation in 2020 10,000
Valuation in 2021 24,000
Valuation in 2022 25,000
Valuation in 2023 5,000
Valuation in 2024 5,000
Cost 276,385
368,885

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 99 96

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors (1 ) -
Other creditors 70,911 61,666
70,910 61,666

EWL PROPERTY LIMITED (REGISTERED NUMBER: 10726878)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Other creditors 235,225 231,385

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Other loans more 5yrs non-inst 235,225 231,385

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Mortgage 235,225 231,385

The mortgages are secured by charges over the properties they elates to.

10. RELATED PARTY DISCLOSURES

Included within other creditors is an amount of £47,461 owed to the director (2023: £38,131).

EWL PROPERTY LIMITED

REPORT OF THE ACCOUNTANTS TO THE DIRECTOR OF
EWL PROPERTY LIMITED

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 30 April 2024 set out on pages three to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






LBCA Ltd
1 Waterside
Station Road
Harpenden
Hertfordshire
AL5 4US


24 January 2025