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REGISTERED NUMBER: 08577850 (England and Wales)















Unaudited Financial Statements for the Year Ended 31st July 2024

for

Ewood Properties Limited

Ewood Properties Limited (Registered number: 08577850)






Contents of the Financial Statements
for the Year Ended 31st July 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Ewood Properties Limited

Company Information
for the Year Ended 31st July 2024







DIRECTOR: Mr C M Chippendale





REGISTERED OFFICE: Central Chambers
227 London Road
Hadleigh
Essex
SS7 2RF





REGISTERED NUMBER: 08577850 (England and Wales)





ACCOUNTANTS: Field & Co LLP
Central Chambers
227 London Road
Hadleigh
Benfleet
Essex
SS7 2RF

Ewood Properties Limited (Registered number: 08577850)

Balance Sheet
31st July 2024

31/7/24 31/7/23
Notes £    £    £   
FIXED ASSETS
Investment property 4 260,000 250,000

CURRENT ASSETS
Debtors 5 291 241
Cash at bank 2,821 261
3,112 502
CREDITORS
Amounts falling due within one year 6 83,627 79,747
NET CURRENT LIABILITIES (80,515 ) (79,245 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

179,485

170,755

CREDITORS
Amounts falling due after more than
one year

7

(178,308

)

(178,994

)

PROVISIONS FOR LIABILITIES 9 (3,601 ) (1,701 )
NET LIABILITIES (2,424 ) (9,940 )

CAPITAL AND RESERVES
Called up share capital 10 2 2
Fair value reserve 11 15,350 7,250
Retained earnings 11 (17,776 ) (17,192 )
SHAREHOLDERS' FUNDS (2,424 ) (9,940 )

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

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

The director acknowledges his 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.

Ewood Properties Limited (Registered number: 08577850)

Balance Sheet - continued
31st July 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 Profit and loss account has not been delivered.

The financial statements were approved by the director and authorised for issue on 14th April 2025 and were signed by:





Mr C M Chippendale - Director


Ewood Properties Limited (Registered number: 08577850)

Notes to the Financial Statements
for the Year Ended 31st July 2024

1. STATUTORY INFORMATION

Ewood Properties 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.

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 Profit and loss account, 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).

Ewood Properties Limited (Registered number: 08577850)

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

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st August 2023 250,000
Revaluations 10,000
At 31st July 2024 260,000
NET BOOK VALUE
At 31st July 2024 260,000
At 31st July 2023 250,000

Fair value at 31st July 2024 is represented by:
£   
Valuation in 2024 10,000
Valuation in 2021 8,951
Cost 241,049
260,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/7/24 31/7/23
£    £   
Other debtors 291 241

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/7/24 31/7/23
£    £   
Bank loans and overdrafts (see note 8) 708 694
Other creditors 82,919 79,053
83,627 79,747

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31/7/24 31/7/23
£    £   
Bank loans (see note 8) 178,308 178,994

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 177,334 177,314

Ewood Properties Limited (Registered number: 08577850)

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

8. LOANS

An analysis of the maturity of loans is given below:

31/7/24 31/7/23
£    £   
Amounts falling due within one year or on demand:
Bank loans 708 694

Amounts falling due between one and two years:
Bank loans - 1-2 years 729 1,680

Amounts falling due between two and five years:
Bank loans - 2-5 years 245 -

Amounts falling due in more than five years:
Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 177,334 177,314

9. PROVISIONS FOR LIABILITIES
31/7/24 31/7/23
£    £   
Deferred tax 3,601 1,701

Deferred
tax
£   
Balance at 1st August 2023 1,701
Property Revaluation 1,900
Balance at 31st July 2024 3,601

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31/7/24 31/7/23
value: £    £   
2 Ordinary Share £1 2 2

Ewood Properties Limited (Registered number: 08577850)

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

11. RESERVES
Fair
Retained value
earnings reserve Totals
£    £    £   

At 1st August 2023 (17,192 ) 7,250 (9,942 )
Profit for the year 7,516 7,516
Revaluation Reserve (8,100 ) 8,100 -
At 31st July 2024 (17,776 ) 15,350 (2,426 )

12. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr C M Chippendale.