Company Registration No. 12018983 (England and Wales)
EM PROPER-TŶ BUYERS LTD
Unaudited accounts
for the year ended 31 May 2024
EM PROPER-TŶ BUYERS LTD
Unaudited accounts
Contents
EM PROPER-TŶ BUYERS LTD
Company Information
for the year ended 31 May 2024
Directors
Gavin Thomas
Rajesh Chittineni
Company Number
12018983 (England and Wales)
Registered Office
UNIT 4 ,JR HOUSE D6 MAIN AVENUE
TREFOREST INDUSTRIAL ESTATE
PONTYPRIDD
CF37 5UR
United Kingdom
Accountants
Aces Accounts and Taxation Ltd
195
High Street
Chipping Ongar
Essex
CM5 9JG
EM PROPER-TŶ BUYERS LTD
Statement of financial position
as at 31 May 2024
Called up share capital not paid
-
100
Investment property
655,867
367,866
Cash at bank and in hand
5,991
128,960
Creditors: amounts falling due within one year
(163,233)
(60,805)
Net current (liabilities)/assets
(153,872)
68,155
Total assets less current liabilities
501,995
436,121
Creditors: amounts falling due after more than one year
(563,566)
(516,210)
Provisions for liabilities
Net liabilities
(101,459)
(80,089)
Called up share capital
200
100
Revaluation reserve
119,662
-
Profit and loss account
(221,321)
(80,189)
Shareholders' funds
(101,459)
(80,089)
For the year ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 31 May 2025 and were signed on its behalf by
Gavin Thomas
Director
Company Registration No. 12018983
EM PROPER-TŶ BUYERS LTD
Notes to the Accounts
for the year ended 31 May 2024
EM PROPER-TŶ BUYERS LTD is a private company, limited by shares, registered in England and Wales, registration number 12018983. The registered office is UNIT 4 ,JR HOUSE D6 MAIN AVENUE, TREFOREST INDUSTRIAL ESTATE, PONTYPRIDD, CF37 5UR, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Fair value at 1 June 2023
367,866
Net gain from fair value adjustments
159,550
The investment properties have been revalued at fair value as the reporting date in accordance with Section q6 of FRS102.
The valuation was carried out by the director based on an independant professional valuation obtained from an external valuer.
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Other creditors
163,233
59,942
EM PROPER-TŶ BUYERS LTD
Notes to the Accounts
for the year ended 31 May 2024
7
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
559,990
512,001
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).