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REGISTERED NUMBER: 10976527 (England and Wales)









EARLS WAY INVESTMENTS LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024






EARLS WAY INVESTMENTS LTD (REGISTERED NUMBER: 10976527)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


EARLS WAY INVESTMENTS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTORS: J S Leek
Miss J A Leek





SECRETARY: R Campbell





REGISTERED OFFICE: 9-11 Vittoria Street
Birmingham
West Midlands
B1 3ND





REGISTERED NUMBER: 10976527 (England and Wales)





ACCOUNTANTS: UHY Hacker Young (Bham) LLP
9-11 Vittoria Street
Birmingham
B1 3ND

EARLS WAY INVESTMENTS LTD (REGISTERED NUMBER: 10976527)

BALANCE SHEET
30 SEPTEMBER 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 7,432,941 7,432,941

CURRENT ASSETS
Stocks 86,547 133,750
Debtors 5 90,318 82,393
Cash at bank 273,413 305,769
450,278 521,912
CREDITORS
Amounts falling due within one year 6 435,392 371,279
NET CURRENT ASSETS 14,886 150,633
TOTAL ASSETS LESS CURRENT
LIABILITIES

7,447,827

7,583,574

CREDITORS
Amounts falling due after more than
one year

7

2,565,771

2,749,353
NET ASSETS 4,882,056 4,834,221

CAPITAL AND RESERVES
Called up share capital 3,812,858 3,812,858
Retained earnings 1,069,198 1,021,363
SHAREHOLDERS' FUNDS 4,882,056 4,834,221

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

EARLS WAY INVESTMENTS LTD (REGISTERED NUMBER: 10976527)

BALANCE SHEET - continued
30 SEPTEMBER 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 June 2025 and were signed on its behalf by:





J S Leek - Director


EARLS WAY INVESTMENTS LTD (REGISTERED NUMBER: 10976527)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1. STATUTORY INFORMATION

Earls Way Investments Ltd 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

EARLS WAY INVESTMENTS LTD (REGISTERED NUMBER: 10976527)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST
At 1 October 2023
and 30 September 2024 7,432,941
NET BOOK VALUE
At 30 September 2024 7,432,941
At 30 September 2023 7,432,941

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 90,176 82,251
Other debtors 142 142
90,318 82,393

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 287,292 218,193
Trade creditors 44,826 975
Taxation and social security 21,377 58,851
Other creditors 81,897 93,260
435,392 371,279

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 2,565,771 2,749,353

8. RELATED PARTY TRANSACTIONS

During the year the Earls Way Investments Ltd was charged management fees from a related party, All Electric Garages Group PLC. Management fees of £62,684 (2023: £48,000) were charged during the year. At the year end, £6,294 (2023: £Nil) was owed to All Electric Garages Group PLC.