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REGISTERED NUMBER: 15333158 (England and Wales)















Report of the Directors and

Unaudited Financial Statements

for the Period 6 December 2023 to 31 December 2024

for

Erdgard Development Limited

Erdgard Development Limited (Registered number: 15333158)






Contents of the Financial Statements
for the Period 6 December 2023 to 31 December 2024




Page

Company Information 1

Report of the Directors 2

Income Statement 3

Balance Sheet 4

Statement of Changes in Equity 5

Notes to the Financial Statements 6


Erdgard Development Limited

Company Information
for the Period 6 December 2023 to 31 December 2024







DIRECTORS: G W Williams
A Wilson





REGISTERED OFFICE: Rose Bank
Main Street
Cleeve Prior
Evesham
Worcestershire
WR11 8LD





REGISTERED NUMBER: 15333158 (England and Wales)





ACCOUNTANTS: Curo Chartered Accountants
Curo House
Greenbox
Westonhall Road
Bromsgrove
Worcestershire
B60 4AL

Erdgard Development Limited (Registered number: 15333158)

Report of the Directors
for the Period 6 December 2023 to 31 December 2024

The directors present their report with the financial statements of the company for the period 6 December 2023 to 31 December 2024.

INCORPORATION
The company was incorporated on 6 December 2023 .

PRINCIPAL ACTIVITY
The principal activity of the company in the period under review was that of real estate development.

DIRECTORS
The directors who have held office during the period from 6 December 2023 to the date of this report are as follows:

G W Williams - appointed 6 December 2023
A Wilson - appointed 13 June 2024

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





G W Williams - Director


27 May 2025

Erdgard Development Limited (Registered number: 15333158)

Income Statement
for the Period 6 December 2023 to 31 December 2024

Notes £   

TURNOVER 25,000

Administrative expenses 30,588
OPERATING LOSS and
LOSS BEFORE TAXATION (5,588 )

Tax on loss 658
LOSS FOR THE FINANCIAL PERIOD (6,246 )

Erdgard Development Limited (Registered number: 15333158)

Balance Sheet
31 December 2024

Notes £    £   
FIXED ASSETS
Intangible assets 5 1,975
Tangible assets 6 3,380
5,355

CURRENT ASSETS
Debtors 7 2,529
Cash at bank 26,313
28,842
CREDITORS
Amounts falling due within one year 8 39,799
NET CURRENT LIABILITIES (10,957 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(5,602

)

PROVISIONS FOR LIABILITIES 642
NET LIABILITIES (6,244 )

CAPITAL AND RESERVES
Called up share capital 2
Retained earnings (6,246 )
(6,244 )

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 27 May 2025 and were signed on its behalf by:



G W Williams - Director


Erdgard Development Limited (Registered number: 15333158)

Statement of Changes in Equity
for the Period 6 December 2023 to 31 December 2024

Called up
share Retained Total
capital earnings equity
£    £    £   

Changes in equity
Issue of share capital 2 - 2
Total comprehensive income - (6,246 ) (6,246 )
Balance at 31 December 2024 2 (6,246 ) (6,244 )

Erdgard Development Limited (Registered number: 15333158)

Notes to the Financial Statements
for the Period 6 December 2023 to 31 December 2024

1. STATUTORY INFORMATION

Erdgard Development 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.

The presentation currency of the financial statements is the Pound Sterling (£).


The financial statements are rounded to the nearest £1.

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.

Going concern
The financial statements have been prepared on a going concern basis on the grounds that the directors believe there is sufficient funding in place to support the business for the next twelve months from the date of approval of the financial statements.

Critical accounting judgements and key sources of estimation uncertainty
The preparation of financial statements requires management to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on a continuing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of revision and future periods if the revision affects both current and future periods.

The directors consider that there are no significant judgements or estimates in the preparation of these financial statements.

Turnover
The amount of turnover is the invoiced value of goods and services supplied to customers, excluding value added tax, arising from the principal activity of the company.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Websites are being amortised evenly over their estimated useful life of 3 years.

Erdgard Development Limited (Registered number: 15333158)

Notes to the Financial Statements - continued
for the Period 6 December 2023 to 31 December 2024

2. ACCOUNTING POLICIES - continued

Tangible fixed assets
Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses.

The company assesses at each reporting date whether tangible fixed assets are impaired.

Depreciation is charged to the profit and loss account over the estimated useful lives of each part of an item of tangible fixed assets.The estimated useful lives are as follows:

Plant and machinery - 20% straight line basis
Fixtures and fittings - 20% straight line basis

Depreciation methods, useful lives and residual values are reviewed if there is an indication of a significant change since last annual reporting date in the pattern by which the company expects to consume an asset's future economic benefits.

Taxation
Tax on the profit or loss 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 directly in equity or other comprehensive income, in which case it is recognised directly in equity or other comprehensive income.

Current tax is the expected tax payable or receivable on the taxable income or loss for the year, using tax rates enacted or substantively enacted at the balance sheet date, and any adjustment to tax payable in respect of previous years.

Deferred tax is provided on timing differences which arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in the financial statements. The following timing differences are not provided for; differences between accumulated depreciation and tax allowances for the cost of a fixed asset if and when all conditions for retaining the tax allowances have been met; and differences relating to investments to the extent that it is not probable that they will reverse in the foreseeable future and the reporting entity is able to control the reversal of the timing difference. Deferred tax is not recognised on permanent differences arising because certain types of income or expense are non-taxable or are disallowable for tax or because certain tax charges or allowances are greater or smaller than the corresponding income or expense.

Deferred tax is measured at the tax rate that is expected to apply to the reversal of the related difference, using tax rates enacted or substantively enacted at the balance sheet. Deferred tax balances are not discounted.

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.

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.

Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price, including any transaction costs, and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

Erdgard Development Limited (Registered number: 15333158)

Notes to the Financial Statements - continued
for the Period 6 December 2023 to 31 December 2024

2. ACCOUNTING POLICIES - continued

Financial instruments
The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or financed at a rate of interest that is not a market rate or in case of an out-right short-term loan not at market rate, the financial asset or liability is measured, initially, at the present value of the future cash flow discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Comprehensive Income.

For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of established cash flows discounted at the asset's original effective interest rate. If a financial asset has a variable interest rate, the discount rate for measuring any impairment loss is the current effective interest rate determined under the contract.

Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Provisions and contingencies
Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.

Provisions are charged as an expense to the Statement of Comprehensive Income in the year that the Company becomes aware of the obligation, and are measured at the best estimate at the Balance Sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties. When payments are eventually made, they are charged to the provision carried in the Balance Sheet.

Contingent liabilities are recognised as a provision when the likelihood of economic outflow is assessed as probable. Contingent liabilities arise as a result of past events when (i) it is not probable that there will be an outflow of resources or that the amount cannot be reliably measured at the reporting date or (ii) when the existence will be confirmed by the occurrence or non-occurrence of uncertain future events not wholly within the company's control. Contingent liabilities are not recognised as a provision but are instead disclosed in the financial statements when the likelihood of economic settlement is deemed possible and not probable. Contingent liabilities are not recognised as a disclosure when the probability of an outflow of resources is remote.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

Erdgard Development Limited (Registered number: 15333158)

Notes to the Financial Statements - continued
for the Period 6 December 2023 to 31 December 2024

4. OPERATING LOSS

The operating loss is stated after charging:

£   
Depreciation - owned assets 427
Websites amortisation 445

5. INTANGIBLE FIXED ASSETS
Websites
£   
COST
Additions 2,420
At 31 December 2024 2,420
AMORTISATION
Amortisation for period 445
At 31 December 2024 445
NET BOOK VALUE
At 31 December 2024 1,975

6. TANGIBLE FIXED ASSETS
Fixtures
Office and
Furniture fittings Totals
£    £    £   
COST
Additions 3,042 765 3,807
At 31 December 2024 3,042 765 3,807
DEPRECIATION
Charge for period 348 79 427
At 31 December 2024 348 79 427
NET BOOK VALUE
At 31 December 2024 2,694 686 3,380

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Other debtors 2,529

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Taxation and social security 4,018
Other creditors 35,781
39,799

Erdgard Development Limited (Registered number: 15333158)

Notes to the Financial Statements - continued
for the Period 6 December 2023 to 31 December 2024

9. OTHER FINANCIAL COMMITMENTS

The company has total operating lease commitments at the year end of £24,292.

10. COMPARATIVES

The company commenced trading on 6 December 2023, and these financial statements represent the first year of operations. As a result, there are no comparative figures presented in these financial statements