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REGISTERED NUMBER: 14016540 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2025

for

Erika Properties Ltd

Erika Properties Ltd (Registered number: 14016540)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Erika Properties Ltd

Company Information
for the Year Ended 31 March 2025







DIRECTORS: I P Theodore
A J Theodore





REGISTERED OFFICE: 2 Communications Road
Greenham Business Park
Newbury
Berkshire
RG19 6AB





REGISTERED NUMBER: 14016540 (England and Wales)





ACCOUNTANTS: Aivilo Digital Accountancy Ltd
49 Hurford Drive
Thatcham
Berkshire
RG19 4WA

Erika Properties Ltd (Registered number: 14016540)

Balance Sheet
31 March 2025

31.3.25 31.3.24
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 400,000 400,000

CURRENT ASSETS
Cash at bank 509 2,158

CREDITORS
Amounts falling due within one year 5 15,300 28,338
NET CURRENT LIABILITIES (14,791 ) (26,180 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

385,209

373,820

CREDITORS
Amounts falling due after more than one
year

6

423,499

415,125
NET LIABILITIES (38,290 ) (41,305 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (38,390 ) (41,405 )
(38,290 ) (41,305 )

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

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

Erika Properties Ltd (Registered number: 14016540)

Balance Sheet - continued
31 March 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 29 July 2025 and were signed on its behalf by:





I P Theodore - Director


Erika Properties Ltd (Registered number: 14016540)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

Erika Properties 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.

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.

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.

Borrowing costs
All borrowing costs are recognised in profit or loss in the year in which they are incurred.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2024
and 31 March 2025 400,000
NET BOOK VALUE
At 31 March 2025 400,000
At 31 March 2024 400,000

Erika Properties Ltd (Registered number: 14016540)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Bank loans and overdrafts 12,000 12,000
Trade creditors - 10,938
Other creditors 2,400 2,400
Accrued expenses 900 3,000
15,300 28,338

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.25 31.3.24
£    £   
Bank loans - 2-5 years 244,558 244,500
Directors' loan accounts 178,941 170,625
423,499 415,125

7. RELATED PARTY DISCLOSURES

During the year, I P Theodore (Director) had a loan with the company. At the balance sheet date the amount due to I P Theodore from the company was £178,941 (2024: £170,025).