REGISTERED NUMBER: 13690142 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 October 2024

for

EJE Rentals Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

Directors:

E L Blower

J R Ellis

Registered office:

C/o Ellis & Co

114-120 Northgate Street

Chester

CH1 2HT

Registered number:

13690142 (England and Wales)

Fixed assets

Tangible assets

4

745

-

Investment property

5

298,946

298,946

299,691

298,946

Current assets

Cash at bank

3,255

11,263

Creditors

Amounts falling due within one year

6

285,584

298,734

Net current liabilities

(282,329

)

(287,471

)

Total assets less current liabilities

17,362

11,475

Capital and reserves

Called up share capital

7

100

100

Retained earnings

17,262

11,375

Shareholders' funds

17,362

11,475

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 May 2025 and were signed on its behalf by:

J R Ellis - Director

1.	Statutory information

EJE Rentals 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.

Rental income is recognised on an accruals basis.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on cost

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.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Going concern

These financial statements are prepared on the going concern basis, on the assumption that the directors will continue to provide financial support to the company to enable it to meet its current liabilities, which exceeded its current assets at 31 October 2024.

3.	Employees and directors

The average number of employees during the year was 2 (2023 - 2 ) .

4.	Tangible fixed assets

Fixtures

and

fittings

£

Cost

Additions

994

At 31 October 2024

994

Depreciation

Charge for year

249

At 31 October 2024

249

Net book value

At 31 October 2024

745

5.	Investment property

Total

£

Fair value

At 1 November 2023

and 31 October 2024

298,946

Net book value

At 31 October 2024

298,946

At 31 October 2023

298,946

Fair value at 31 October 2024 is represented by:

£

Valuation in 2022

298,946

6.

Creditors: amounts falling due within one year

31/10/24

31/10/23

£

£

Taxation and social security

1,439

2,192

Other creditors

284,145

296,542

285,584

298,734

7.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/10/24

31/10/23

value:

£

£

100

Ordinary

£1

100

100

8.	Related party disclosures

During the year the directors made loans to the company. At 31 October 2024 the balance on these loans was £282,696. The loans are unsecured, interest free and repayable on demand.