EJS (Cambridge) Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 11177981

EJS (Cambridge) Limited

Filleted Unaudited Financial Statements

For the year ended

31 January 2025

EJS (Cambridge) Limited

Financial Statements

Year ended 31 January 2025

Contents	Page

Officers and professional advisers	1

Statement of financial position	2

Notes to the financial statements	4

EJS (Cambridge) Limited

Officers and Professional Advisers

The board of directors	E Stubbings
	G Stubbings

Registered office	Enterprise House
	38 Tyndall Court
	Commerce Road
	Lynch Wood
	Peterborough
	Cambs
	PE2 6LR

Accountants	Streets
	Chartered accountants
	ECEN
	Warth Park
	Northamptonshire
	NN9 6GR

Bankers	Metro Bank
	One Southampton Row
	London
	WC1B 5HA

EJS (Cambridge) Limited

Statement of Financial Position

31 January 2025

	2025	2024
Note	£	£

Fixed assets

Tangible assets	5	36,804	20,240
Investments	6	4,772,256	4,230,718
		------------	------------
		4,809,060	4,250,958

Current assets

Debtors	7	227,452	241,540
Cash at bank and in hand		205,679	46,851
		---------	---------
		433,131	288,391

Creditors: amounts falling due within one year	8	3,349,890	2,653,263
		------------	------------
Net current liabilities		2,916,759	2,364,872
		------------	------------
Total assets less current liabilities		1,892,301	1,886,086

Provisions	77,227	67,015
	------------	------------
Net assets	1,815,074	1,819,071
	------------	------------

Capital and reserves

Called up share capital	20,735	20,735
Share premium account	1,595,012	1,595,012
Revaluation reserve	269,719	268,062
Profit and loss account	( 70,392)	( 64,738)
	------------	------------
Shareholder funds	1,815,074	1,819,071
	------------	------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

For the year ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

EJS (Cambridge) Limited

Statement of Financial Position (continued)

31 January 2025

These financial statements were approved by the board of directors and authorised for issue on 12 September 2025 , and are signed on behalf of the board by:

E Stubbings

Director

Company registration number: 11177981

EJS (Cambridge) Limited

Notes to the Financial Statements

Year ended 31 January 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Enterprise House, 38 Tyndall Court, Commerce Road, Lynch Wood, Peterborough, United Kingdom, PE2 6LR.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss. The financial statements are prepared in sterling, which is the functional currency of the entity.

Investment property

Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure.

Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.

Unrealised changes to the fair value of the investment property together with the related deferred taxation are transferred from the profit and loss reserve to the revaluation reserve each year.

Going concern

The company is supported by loans from its directors who have pledged their continued support to the company.

Revenue recognition

Turnover represents rental income, receivable by the company accounted for on an accruals basis.

Taxation

The taxation expense represents deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Fixtures and fittings	-	25% straight line
Equipment	-	25% straight line

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Investments in joint ventures

Investments in joint ventures and participating interests are recorded at cost less any accumulated impairment losses. Dividends and other distributions from investments are recognised as income when received.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2024: 2 ).

5. Tangible assets

	Fixtures and fittings	Equipment	Total
	£	£	£
Cost
At 1 February 2024	23,735	3,771	27,506
Additions	28,265	–	28,265
	--------	-------	--------
At 31 January 2025	52,000	3,771	55,771
	--------	-------	--------
Depreciation
At 1 February 2024	4,914	2,352	7,266
Charge for the year	10,758	943	11,701
	--------	-------	--------
At 31 January 2025	15,672	3,295	18,967
	--------	-------	--------
Carrying amount
At 31 January 2025	36,328	476	36,804
	--------	-------	--------
At 31 January 2024	18,821	1,419	20,240
	--------	-------	--------

6. Investments

	Shares in participating interests	Loans to participating interests	Other investments other than loans	Total
	£	£	£	£
Cost
At 1 February 2024	50	65,000	4,165,668	4,230,718
Additions	–	–	539,880	539,880
Revaluations	–	–	1,658	1,658
	----	--------	------------	------------
At 31 January 2025	50	65,000	4,707,206	4,772,256
	----	--------	------------	------------
Impairment
At 1 February 2024 and 31 January 2025	–	–	–	–
	----	--------	------------	------------

Carrying amount
At 31 January 2025	50	65,000	4,707,206	4,772,256
	----	--------	------------	------------
At 31 January 2024	50	65,000	4,165,668	4,230,718
	----	--------	------------	------------

7. Debtors

	2025	2024
	£	£
Trade debtors	2,708	2,888
Other debtors	224,744	238,652
	---------	---------
	227,452	241,540
	---------	---------

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	2,754,453	1,967,507
Trade creditors	13,683	16,395
Other creditors	581,754	669,361
	------------	------------
	3,349,890	2,653,263
	------------	------------

The bank loans and overdrafts are secured against the investment property owned by the company.

9. Deferred tax

The deferred tax included in the statement of financial position is as follows:

	2025	2024
	£	£
Included in debtors (note 7)	6,896	4,264
Included in provisions	( 77,227)	( 67,015)
	--------	--------
	( 70,331)	( 62,751)
	--------	--------

The deferred tax account consists of the tax effect of timing differences in respect of:

	2025	2024
	£	£
Fair value adjustment of investment property	77,227	67,015
Unused tax losses	( 6,896)	( 4,264)
	--------	--------
	70,331	62,751
	--------	--------

10. Related party transactions

Included within other debtors is an interest free loan provided to 4 Huntingdon Road Limited. EJS (Cambridge) Limited owns a participating interest in this company and at the year end, the amount due from 4 Huntingdon Road Limited amounted to £167,623 (2024 - £187,338).