REGISTERED NUMBER: 11172841 (England and Wales)

Financial Statements for the Year Ended 31 December 2024

for

Ericht West Grange Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M S Arrowsmith

W D Hay

SECRETARY:

K Dawes

REGISTERED OFFICE:

Harrow House

23 West Street

Haslemere

Surrey

GU27 2AB

REGISTERED NUMBER:

11172841 (England and Wales)

ACCOUNTANTS:

Gibsons Financial Limited

Chartered Accountants

Foresters Hall

25/27 Westow Street

Upper Norwood

London

SE19 3RY

FIXED ASSETS

Tangible assets

4

1,125,401

1,035,476

CURRENT ASSETS

Debtors

5

152,160

142,630

Cash at bank and in hand

16,526

18,760

168,686

161,390

CREDITORS

Amounts falling due within one year

(60,898

)

(45,704

)

NET CURRENT ASSETS

107,788

115,686

TOTAL ASSETS LESS CURRENT LIABILITIES

1,233,189

1,151,162

CREDITORS

Amounts falling due after more than one year

(1,562,878

)

(1,423,736

)

NET LIABILITIES

(329,689

)

(272,574

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(329,789

)

(272,674

)

SHAREHOLDERS' FUNDS

(329,689

)

(272,574

)

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

The members have not required the company to obtain an audit of its financial statements for the year 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 December 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 8 September 2025 and were signed on its behalf by:

W D Hay - Director

1.	STATUTORY INFORMATION

Ericht West Grange 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.

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.

Freehold property

-

not provided

Plant & machinery

-

25% on reducing balance

Fixtures & fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 January 2024

1,071,829

Additions

124,496

At 31 December 2024

1,196,325

DEPRECIATION

At 1 January 2024

36,353

Charge for year

34,571

At 31 December 2024

70,924

NET BOOK VALUE

At 31 December 2024

1,125,401

At 31 December 2023

1,035,476

5.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/12/24

31/12/23

£

£

Other debtors

101,878

73,236

6.	DEFERRED TAX

£

Balance at 1 January 2024

(32,231

)

Deferred tax asset

(12,275

)

Balance at 31 December 2024

(44,506

)

7.	RELATED PARTY DISCLOSURES

Included within other debtors, amounts falling due after more than one year is an amount of £101,878 (2023: £73,326) due from Canscot Developments Limited, for interest accrued at 2% per annum on outstanding group loan balances.

Included within other creditors, amounts falling due after more than one year is an amount of £101,878 (2023: £73,236) due to Canscot Developments Limited for interest accrued at 2% per annum on outstanding group loan balances.

8.	ULTIMATE CONTROLLING PARTY

The controlling party is Canscot Developments Limited..

The ultimate controlling party is the directors..

9.	GOING CONCERN

The company's balance sheet shows negative reserves of £329,689 at the year end (2023: £272,574). The directors confirm their continued support to the company until such time as it is able to generate sufficient operating income from its own activities. These financial statements have therefore been prepared on a going concern basis.