ERAFOLD LIMITED

Company Registration Number:
03504731 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

ERAFOLD LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

ERAFOLD LIMITED

Balance sheet

As at 31 December 2024


Notes
2024
2023


£
£
Fixed assets
Investments: 3 1,000 1,000
Total fixed assets: 1,000 1,000
Current assets
Debtors: 4 248,338 407,612
Cash at bank and in hand: 869 0
Total current assets: 249,207 407,612
Net current assets (liabilities): 249,207 407,612
Total assets less current liabilities: 250,207 408,612
Total net assets (liabilities): 250,207 408,612
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 250,107 408,512
Shareholders funds: 250,207 408,612

The notes form part of these financial statements

ERAFOLD LIMITED

Balance sheet statements

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

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

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

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 26 September 2025
and signed on behalf of the board by:

Name: A M Kneen
Status: Director

The notes form part of these financial statements

ERAFOLD LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Other accounting policies

Valuation of investments Investments in subsidiaries are measured at cost less accumulated impairment.

ERAFOLD LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 2023
Average number of employees during the period 1 1

ERAFOLD LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Fixed investments

Investments in subsidiary companies £ Cost or valuation At 1 January 2024 839,680 At 31 December 2024 839,680 Impairment At 1 January 2024 838,680 At 31 December 2024 838,680 Net book value At 31 December 2024 1,000 At 31 December 2023 1,000 The following were subsidiary undertakings of the company: Name Class of shares Holding Swallow Stevedores Limited Ordinary 100 Langness Management Services Limited Ordinary 99 The aggregate of the share capital and reserves as at 31 December 2024 and the profit or loss for the year ended on that date for the subsidiary undertakings were as follows: Name Aggregate of share capital and reserves Profit/(Loss) £ £ Swallow Stevedores Limited (154,379) - Langness Management Services Limited (10,998) (5,848)

ERAFOLD LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Debtors

Debtors due within one year: Included in other debtors is a loan to Mr A M Kneen, the director, amounting to £177,706 (2023 - £176,499). No interest is chargeable on the loan and it is repayable on demand. Amounts owed by group undertakings of £13,737 (2023 - £17,000) is owed by Langness Management Services Limited. An amount of £157,905 (2023 - £157,218) was owed by Swallow Stevedores Limited at the year end. The company has ceased to trade and has net liabilities of £154,379, consequently full provision has been made against the recoverability of the debt in these accounts.

ERAFOLD LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Loans to directors

Name of director receiving advance or credit: A M Kneen
Description of the loan: Included in other debtors is a loan to Mr A M Kneen, the director, amounting to £177,706 (2023 - £176,499). No interest is chargeable on the loan and it is repayable on demand.
£
Balance at 01 January 2024 176,499
Advances or credits made: 1,207
Balance at 31 December 2024 177,706
Name of director receiving advance or credit: A M Kneen
Description of the loan: Included in other debtors is a loan to Mr A M Kneen, the director, amounting to £177,706 (2023 - £176,499). No interest is chargeable on the loan and it is repayable on demand.
£
Balance at 01 January 2024 176,499
Advances or credits made: 1,207
Balance at 31 December 2024 177,706