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REGISTERED NUMBER: 02852757 (England and Wales)















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2025

FOR

ERIKSONS LIMITED

ERIKSONS LIMITED (REGISTERED NUMBER: 02852757)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025










Page

Company Information 1

Chartered Certified Accountants' Report 2

Statement of Financial Position 3 to 4

Notes to the Financial Statements 5 to 7


ERIKSONS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2025







DIRECTORS: D G Ebsworth
Mrs F D E Ebsworth
G N Ebsworth
Mrs J K Shackleton





SECRETARY: Mrs F D E Ebsworth





REGISTERED OFFICE: Brent House
382 Gloucester Road
Cheltenham
Gloucestershire
GL51 7AY





REGISTERED NUMBER: 02852757 (England and Wales)





ACCOUNTANTS: Smith Heath Limited
Brent House
382 Gloucester Road
Cheltenham
Gloucestershire
GL51 7AY

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
ERIKSONS LIMITED


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Eriksons Limited for the year ended 31 January 2025 which comprise the Income Statement, Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Eriksons Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Eriksons Limited and state those matters that we have agreed to state to the Board of Directors of Eriksons Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at
https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Eriksons Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Eriksons Limited. You consider that Eriksons Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Eriksons Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Smith Heath Limited
Brent House
382 Gloucester Road
Cheltenham
Gloucestershire
GL51 7AY


25 June 2025

ERIKSONS LIMITED (REGISTERED NUMBER: 02852757)

STATEMENT OF FINANCIAL POSITION
31 JANUARY 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,461 3,202
Investment property 5 2,020,316 1,160,000
2,022,777 1,163,202

CURRENT ASSETS
Debtors 6 3,022 4,874
Cash at bank 33,176 1,066,680
36,198 1,071,554
CREDITORS
Amounts falling due within one year 7 32,276 217,278
NET CURRENT ASSETS 3,922 854,276
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,026,699

2,017,478

CREDITORS
Amounts falling due after more than one
year

8

-

(6,667

)

PROVISIONS FOR LIABILITIES (74,322 ) (74,508 )
NET ASSETS 1,952,377 1,936,303

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Fair value reserve 337,173 337,173
Retained earnings 1,614,204 1,598,130
SHAREHOLDERS' FUNDS 1,952,377 1,936,303

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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.

ERIKSONS LIMITED (REGISTERED NUMBER: 02852757)

STATEMENT OF FINANCIAL POSITION - continued
31 JANUARY 2025


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 25 June 2025 and were signed on its behalf by:





D G Ebsworth - Director


ERIKSONS LIMITED (REGISTERED NUMBER: 02852757)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025


1. STATUTORY INFORMATION

Eriksons 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on cost
Fixtures, fittings and equipment - 15% - 33.3% on cost
Motor vehicles - 25% on cost

Investment property
The company carries its investment property at fair value. The property values have been provided by the directors and based on a broad review of similar commercial property values.

Any aggregate surplus or deficit arising from changes in fair value is recognised in the income statement.

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 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

ERIKSONS LIMITED (REGISTERED NUMBER: 02852757)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2025


4. TANGIBLE FIXED ASSETS
Fixtures,
fittings
Plant and and Motor
machinery equipment vehicles Totals
£    £    £    £   
COST
At 1 February 2024 2,708 7,485 3,000 13,193
Additions - 359 - 359
At 31 January 2025 2,708 7,844 3,000 13,552
DEPRECIATION
At 1 February 2024 2,707 6,534 750 9,991
Charge for year - 350 750 1,100
At 31 January 2025 2,707 6,884 1,500 11,091
NET BOOK VALUE
At 31 January 2025 1 960 1,500 2,461
At 31 January 2024 1 951 2,250 3,202

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 February 2024 1,160,000
Additions 860,316
At 31 January 2025 2,020,316
NET BOOK VALUE
At 31 January 2025 2,020,316
At 31 January 2024 1,160,000

Fair value at 31 January 2025 is represented by:
£   
Valuation in 2015 34,550
Valuation in 2021 180,750
Valuation in 2023 187,500
Cost 1,617,516
2,020,316

Investment properties were valued on an open market basis on 31 January 2023 by D G Ebsworth, director of the company. The directors have reviewed the valuation and consider it to be appropriate at 31 January 2025.

ERIKSONS LIMITED (REGISTERED NUMBER: 02852757)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2025


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 1,701 1,509
Other debtors 1,321 3,365
3,022 4,874

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts - 5,000
Trade creditors 216 430
Taxation and social security 24,161 115,150
Other creditors 7,899 96,698
32,276 217,278

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2025 2024
£    £   
Bank loans - 6,667

9. SECURED DEBTS

The following secured debts are included within creditors:

2025 2024
£    £   
Bank loans - 11,667

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 January 2025 and 31 January 2024:

2025 2024
£    £   
D G Ebsworth and Mrs F D E Ebsworth
Balance outstanding at start of year - -
Amounts advanced 59,483 39,642
Amounts repaid (59,483 ) (39,642 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -