1 April 2023 false No description of principal activity Taxfiler 2024.6 10955972business:PrivateLimitedCompanyLtd2023-04-012024-04-30 109559722023-03-31 109559722023-04-012024-04-30 10955972business:AuditExempt-NoAccountantsReport2023-04-012024-04-30 10955972business:FilletedAccounts2023-04-012024-04-30 109559722024-04-30 10955972business:Director12023-04-012024-04-30 10955972business:RegisteredOffice2023-04-012024-04-30 109559722023-03-31 10955972core:WithinOneYear2024-04-30 10955972core:WithinOneYear2023-03-31 10955972core:AfterOneYear2024-04-30 10955972core:AfterOneYear2023-03-31 10955972core:ShareCapitalcore:PreviouslyStatedAmount2024-04-30 10955972core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 10955972core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-04-30 10955972core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 10955972core:PreviouslyStatedAmount2024-04-30 10955972core:PreviouslyStatedAmount2023-03-31 10955972business:SmallEntities2023-04-012024-04-30 10955972countries:EnglandWales2023-04-012024-04-30 109559722022-04-012023-03-31 iso4217:GBP xbrli:pure
Company Registration No. 10955972 (England and Wales)
George Ernest Investments Limited Unaudited accounts for the period from 1 April 2023 to 30 April 2024
George Ernest Investments Limited Unaudited accounts Contents
Page
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George Ernest Investments Limited Company Information for the period from 1 April 2023 to 30 April 2024
Director
Paul Harvey
Company Number
10955972 (England and Wales)
Registered Office
87 Redwing Road Clanfield Waterlooville Hampshire PO8 0LX England
Accountants
Paul Wragg FCA 87 Redwing Road Clanfield Waterlooville Hampshire PO8 0LX
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George Ernest Investments Limited Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
179,296 
179,296 
Current assets
Debtors
45,950 
2,971 
Cash at bank and in hand
419 
15,056 
46,369 
18,027 
Creditors: amounts falling due within one year
(78,148)
(53,009)
Net current liabilities
(31,779)
(34,982)
Total assets less current liabilities
147,517 
144,314 
Creditors: amounts falling due after more than one year
(189,112)
(189,112)
Net liabilities
(41,595)
(44,798)
Capital and reserves
Called up share capital
300 
300 
Profit and loss account
(41,895)
(45,098)
Shareholders' funds
(41,595)
(44,798)
For the period ending 30 April 2024 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 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 21 January 2025 and were signed on its behalf by
Paul Harvey Director Company Registration No. 10955972
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George Ernest Investments Limited Notes to the Accounts for the period from 1 April 2023 to 30 April 2024
1
Statutory information
George Ernest Investments Limited is a private company, limited by shares, registered in England and Wales, registration number 10955972. The registered office is 87 Redwing Road, Clanfield, Waterlooville, Hampshire, PO8 0LX, 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 period, 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.
Investment property
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.
4
Investment property
2024 
£ 
Fair value at 1 April 2023
179,296 
At 30 April 2024
179,296 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due after more than one year
Other debtors
45,950 
2,971 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
1,636 
2,572 
Loans from directors
76,512 
50,437 
78,148 
53,009 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Other creditors
189,112 
189,112 
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George Ernest Investments Limited Notes to the Accounts for the period from 1 April 2023 to 30 April 2024
8
Transactions with related parties
The Company made loans to the following connected comapnies. Peter Ernest Homes Limited £21,500 Peter Ernest Homes Holdings Limited £11,600 Herr Homes Limited £6,800 West Street Fareham Limited £6,050
9
Average number of employees
During the period the average number of employees was 0 (2023: 0).
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