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REGISTERED NUMBER: 04853801 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 August 2024

for

Eprojem Property Investment Management
Limited

Eprojem Property Investment Management
Limited (Registered number: 04853801)






Contents of the Financial Statements
for the Year Ended 31 August 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Eprojem Property Investment Management
Limited

Company Information
for the Year Ended 31 August 2024







DIRECTORS: M J Thornton
Mrs J E Thornton





REGISTERED OFFICE: 840 Ibis Court
Centre Park
Warrington
Cheshire
WA1 1RL





REGISTERED NUMBER: 04853801 (England and Wales)





ACCOUNTANTS: Caroola Accountancy Limited
840 Ibis Court
Centre Park Square
Warrington
WA1 1RL

Eprojem Property Investment Management
Limited (Registered number: 04853801)

Statement of Financial Position
31 August 2024

31.8.24 31.8.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,523,969 1,756,459

CURRENT ASSETS
Debtors 5 16,137 10,973
Investments 6 3,729 3,729
Cash at bank 24,730 84,338
44,596 99,040
CREDITORS
Amounts falling due within one year 7 59,478 14,753
NET CURRENT (LIABILITIES)/ASSETS (14,882 ) 84,287
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,509,087

1,840,746

CREDITORS
Amounts falling due after more than one year 8 1,509,073 1,025,336
NET ASSETS 1,000,014 815,410

CAPITAL AND RESERVES
Called up share capital 2 2
Revaluation reserve 9 1,129,343 947,243
Retained earnings (129,331 ) (131,835 )
SHAREHOLDERS' FUNDS 1,000,014 815,410

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Eprojem Property Investment Management
Limited (Registered number: 04853801)

Statement of Financial Position - continued
31 August 2024


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 Board of Directors and authorised for issue on 13 March 2025 and were signed on its behalf by:




M J Thornton - Director



Mrs J E Thornton - Director


Eprojem Property Investment Management
Limited (Registered number: 04853801)

Notes to the Financial Statements
for the Year Ended 31 August 2024

1. STATUTORY INFORMATION

Eprojem Property Investment Management 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.

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.

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 - 33% on cost, 25% on cost and 25% on reducing balance

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST OR VALUATION
At 1 September 2023 1,728,000 81,341 1,809,341
Additions 748,829 44,865 793,694
Disposals (200,000 ) - (200,000 )
Revaluations 200,000 - 200,000
At 31 August 2024 2,476,829 126,206 2,603,035
DEPRECIATION
At 1 September 2023 - 52,882 52,882
Charge for year - 26,184 26,184
At 31 August 2024 - 79,066 79,066
NET BOOK VALUE
At 31 August 2024 2,476,829 47,140 2,523,969
At 31 August 2023 1,728,000 28,459 1,756,459

Eprojem Property Investment Management
Limited (Registered number: 04853801)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

4. TANGIBLE FIXED ASSETS - continued

Cost or valuation at 31 August 2024 is represented by:

Plant and
Land and machinery
buildings etc Totals
£    £    £   
Valuation in 2024 2,476,829 126,206 2,603,035

5. DEBTORS
31.8.24 31.8.23
£    £   
Amounts falling due within one year:
Other debtors 6,170 4
Directors' current accounts - 1,533
VAT 1 -
6,171 1,537

Amounts falling due after more than one year:
Rent Deposits to TDS 9,966 9,436

Aggregate amounts 16,137 10,973

6. CURRENT ASSET INVESTMENTS
31.8.24 31.8.23
£    £   
Unlisted investments 3,729 3,729

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Social security and other taxes - (318 )
VAT - 2,821
Other creditors 44,071 1,159
AMEX Credit Card 31 1,008
Client deposits held 10,279 9,436
Directors' current accounts 2,048 -
Accruals and deferred income 3,049 647
59,478 14,753

Eprojem Property Investment Management
Limited (Registered number: 04853801)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.8.24 31.8.23
£    £   
Other loans - 1-2 years 30,028 35,166
Other creditors - 39,800
Mortgage for 6 Tedder close 162,000 112,966
Mortgage for 8 George Street 93,750 82,849
Mortgage for 43 Spencer Road 150,000 110,340
Mortgage for 6 Keats Close 137,165 137,165
Mortgage for 6A Keats Close 139,050 139,050
Mortgage for 6B Keats Close 161,250 140,750
Mortgage for 7 Gibson Road 227,250 227,250
Mortgage for 36VR and 17SQ 408,580 -
1,509,073 1,025,336

9. RESERVES
Revaluation
reserve
£   
At 1 September 2023 947,243
Property revaluation reserve 182,100

At 31 August 2024 1,129,343

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

As at the 31st August 2024 the company owed the director £2048 (2023: the director owed the company £1,533).

The loan is interest-bearing, unsecured and has no set repayment terms.

11. RELATED PARTY DISCLOSURES

The directors Mr M J Thornton and Mrs J E Thornton are also the directors and persons of significant control in Mejo Design Ltd.