E & R Assets Ltd - Accounts

Registered Number: 10227202 E & R Assets Ltd
Statement of Financial Position
As at 31 December 2024

	Notes	2024 £	2023 £
Fixed assets
Tangible fixed assets	3	156,212	156,212
Investments	4	334	334
		156,546	156,546
Current assets
Debtors	5	37,020	18,272
Cash at bank and in hand		6,223	117,174
		43,243	135,446
Creditors: amount falling due within one year	6	(151,352)	(150,076)
Net current assets		(108,109)	(14,630)

Total assets less current liabilities		48,437	141,916
Creditors: amount falling due after more than one year		0	(100,050)
Net assets		48,437	41,866

Capital and reserves
Called up share capital		100	100
Profit and loss account		48,337	41,766
Shareholders' funds		48,437	41,866

For the year ended 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The financial statements were approved by the board of directors on 25 September 2025 and were signed on its behalf by:

-------------------------------
Richard Yeomans
Director

E & R Assets Ltd
Notes to the Financial Statements
For the year ended 31 December 2024

General Information

E & R Assets Ltd is a private company, limited by shares, registered in England and Wales, registration number 10227202, registration address 17a Yorkersgate , Malton, North Yorkshire, YO17 7AA.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

2.	Average number of employees Average number of employees during the year was 0 (2023 : 0).

Tangible fixed assets

Cost or valuation	Land and Buildings	Total
	£	£
At 01 January 2024	156,212	156,212
Additions	-	-
Disposals	-	-
At 31 December 2024	156,212	156,212
Depreciation
At 01 January 2024	-	-
Charge for year	-	-
On disposals	-	-
At 31 December 2024	-	-
Net book values
Closing balance as at 31 December 2024	156,212	156,212
Opening balance as at 01 January 2024	156,212	156,212

The net book value of Land and Buildings includes £ 156,212 (2023 £156,212) in respect of assets leased under finance leases or hire purchase contracts.

Investments

Cost	Investments in group undertakings	Total
	£	£
At 01 January 2024	334	334
Additions	-	-
Disposals	-	-
At 31 December 2024	334	334

Debtors: amounts falling due within one year

	2024 £	2023 £
Amount Owed by Participating Interests	36,713	18,014
Prepayments & Accrued Income	307	258
	37,020	18,272

Creditors: amount falling due within one year

	2024 £	2023 £
Trade Creditors	0	1
Corporation Tax	1,150	0
Accrued Expenses	821	694
Directors' Current Accounts	149,381	149,381
	151,352	150,076

Registered Number: 10227202
England and Wales
Unaudited Financial Statements

for the year ended 31 December 2024
for
E & R ASSETS LTD