EJV Properties Limited 11417902 false 2023-07-01 2024-06-30 2024-06-30 The principal activity of the company is other letting and operating of own or leased real estate Digita Accounts Production Advanced 6.30.9574.0 true true 11417902 2023-07-01 2024-06-30 11417902 2024-06-30 11417902 bus:Director1 1 2024-06-30 11417902 bus:OrdinaryShareClass1 2024-06-30 11417902 core:CurrentFinancialInstruments 2024-06-30 11417902 core:CurrentFinancialInstruments core:WithinOneYear 2024-06-30 11417902 core:Non-currentFinancialInstruments 2024-06-30 11417902 core:Non-currentFinancialInstruments core:AfterOneYear 2024-06-30 11417902 core:FurnitureFittings 2024-06-30 11417902 core:OfficeEquipment 2024-06-30 11417902 bus:SmallEntities 2023-07-01 2024-06-30 11417902 bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 11417902 bus:FilletedAccounts 2023-07-01 2024-06-30 11417902 bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 11417902 bus:RegisteredOffice 2023-07-01 2024-06-30 11417902 bus:Director1 2023-07-01 2024-06-30 11417902 bus:Director1 1 2023-07-01 2024-06-30 11417902 bus:OrdinaryShareClass1 2023-07-01 2024-06-30 11417902 bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 11417902 core:FurnitureFittings 2023-07-01 2024-06-30 11417902 core:FurnitureFittingsToolsEquipment 2023-07-01 2024-06-30 11417902 core:OfficeEquipment 2023-07-01 2024-06-30 11417902 countries:England 2023-07-01 2024-06-30 11417902 2023-06-30 11417902 bus:Director1 1 2023-06-30 11417902 core:FurnitureFittings 2023-06-30 11417902 core:OfficeEquipment 2023-06-30 11417902 2022-07-01 2023-06-30 11417902 2023-06-30 11417902 bus:Director1 1 2023-06-30 11417902 bus:OrdinaryShareClass1 2023-06-30 11417902 core:CurrentFinancialInstruments 2023-06-30 11417902 core:CurrentFinancialInstruments core:WithinOneYear 2023-06-30 11417902 core:Non-currentFinancialInstruments 2023-06-30 11417902 core:Non-currentFinancialInstruments core:AfterOneYear 2023-06-30 11417902 core:FurnitureFittings 2023-06-30 11417902 core:OfficeEquipment 2023-06-30 11417902 bus:Director1 1 2022-07-01 2023-06-30 11417902 bus:Director1 1 2022-06-30 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 11417902

EJV Properties Limited

Unaudited Filleted Financial Statements

for the Year Ended 30 June 2024

 

EJV Properties Limited

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

4 to 8

 

EJV Properties Limited

Company Information

Director

Ms NA Dryden

Registered office

Suite A4 Skylon Court
Rotherwas
Hereford
HR2 6JS

Accountants

Boon and Worth Limited
Suite A4, Skylon Court
Coldnose Road
Rotherwas
Hereford
HR2 6JS

 

EJV Properties Limited

(Registration number: 11417902)
Balance Sheet as at 30 June 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

6,148

12,612

Investment property

5

1,831,722

1,831,722

 

1,837,870

1,844,334

Current assets

 

Debtors

6

10,048

6,157

Cash at bank and in hand

 

2,539

26,713

 

12,587

32,870

Creditors: Amounts falling due within one year

7

(378,124)

(413,772)

Net current liabilities

 

(365,537)

(380,902)

Total assets less current liabilities

 

1,472,333

1,463,432

Creditors: Amounts falling due after more than one year

7

(1,378,245)

(1,378,503)

Provisions for liabilities

(32,266)

(28,936)

Net assets

 

61,822

55,993

Capital and reserves

 

Called up share capital

8

100

100

Retained earnings

61,722

55,893

Shareholders' funds

 

61,822

55,993

 

EJV Properties Limited

(Registration number: 11417902)
Balance Sheet as at 30 June 2024

For the financial year ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 24 January 2025
 

.........................................
Ms NA Dryden
Director

   
     
 

EJV Properties Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Suite A4 Skylon Court
Rotherwas
Hereford
HR2 6JS
United Kingdom

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

 

EJV Properties Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Fixtures and fittings

25% straight line method

Investment property

Investment property is shown at the most recent valuation, which the direcors deem to be its fair value. Any
agregate surplus or deficit arisong from changes in fair value is recognised in profit and loss.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

 

EJV Properties Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

4

Tangible assets

Fixtures and fittings
£

Office equipment
£

Total
£

Cost or valuation

At 1 July 2023

24,407

1,304

25,711

At 30 June 2024

24,407

1,304

25,711

Depreciation

At 1 July 2023

12,848

251

13,099

Charge for the year

6,034

430

6,464

At 30 June 2024

18,882

681

19,563

Carrying amount

At 30 June 2024

5,525

623

6,148

At 30 June 2023

11,559

1,053

12,612

 

EJV Properties Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

5

Investment properties

2024
£

At 1 July

1,831,722

At 30 June

1,831,722

6

Debtors

2024
£

2023
£

Prepayments

4,488

402

Other debtors

5,560

5,755

10,048

6,157

7

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Loans and borrowings

9

1,281

-

Trade creditors

 

4,127

-

Accruals and deferred income

 

1,800

1,680

Other creditors

 

370,916

412,092

 

378,124

413,772

Creditors: amounts falling due after more than one year

Note

2024
£

2023
£

Due after one year

 

Loans and borrowings

9

1,378,245

1,378,503

 

EJV Properties Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

8

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary Shares of £1 each

100

100

100

100

       

9

Loans and borrowings

Non-current loans and borrowings

2024
£

2023
£

Bank borrowings

1,377,042

1,374,792

Other borrowings

1,203

3,711

1,378,245

1,378,503

Current loans and borrowings

2024
£

2023
£

Other borrowings

1,281

-

10

Related party transactions

Transactions with the director

2024

At 1 July 2023
£

Advances to director
£

Repayments by director
£

At 30 June 2024
£

Ms NA Dryden

Directors loan account

(34)

31,744

(31,710)

-

2023

At 1 July 2022
£

Advances to director
£

Repayments by director
£

At 30 June 2023
£

Ms NA Dryden

Directors loan account

(5,401)

28,368

(23,000)

(34)