REGISTERED NUMBER: 07418513 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

E & J Development & Investments Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

J M Harrison

E J Harrison

REGISTERED OFFICE:

Sherwood House

41 Queens Road

Farnborough

Hants

GU14 6JP

REGISTERED NUMBER:

07418513 (England and Wales)

ACCOUNTANTS:

Jones & Co

Sherwood House

41 Queens Road

Farnborough

Hants

GU14 6JP

FIXED ASSETS

Tangible assets

4

11,919

14,764

Investment property

5

1,339,149

1,429,999

1,351,068

1,444,763

CURRENT ASSETS

Debtors

6

1,413

857

Cash at bank and in hand

57,488

14,232

58,901

15,089

CREDITORS

Amounts falling due within one year

7

31,094

69,485

NET CURRENT ASSETS/(LIABILITIES)

27,807

(54,396

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,378,875

1,390,367

CREDITORS

Amounts falling due after more than one year

8

(888,383

)

(888,383

)

PROVISIONS FOR LIABILITIES

(69,631

)

(72,941

)

NET ASSETS

420,861

429,043

CAPITAL AND RESERVES

Called up share capital

11

11

Fair value reserve

9

393,499

427,011

Retained earnings

27,351

2,021

SHAREHOLDERS' FUNDS

420,861

429,043

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.

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 12 December 2025 and were signed on its behalf by:

E J Harrison - Director

1.	STATUTORY INFORMATION

E & J Development & Investments 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 as modified by the revaluation of certain assets.

Turnover

Turnover represents sale of properties and rental income.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Office equipment

-

20% on reducing balance

Investment property

Investment property is shown at its most recent valuation. Any aggregate surplus or deficit arising from changes in market value is transferred to a fair value reserve.

No depreciation is provided on investment property since in the directors' opinion the value is substantially in excess of cost.

Taxation

Taxation for the year comprises current and deferred tax.

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 fair value adjustments to the valuation of investment properties.

FRS102 requires deferred tax to be provided for on the difference between cost and the fair value of investment property and accordingly the the previous years' figures have been adjusted for the appropriate provision.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Office

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2024

12,423

76,560

9,016

97,999

Additions

547

-

289

836

At 31 March 2025

12,970

76,560

9,305

98,835

DEPRECIATION

At 1 April 2024

11,033

65,325

6,877

83,235

Charge for year

387

2,808

486

3,681

At 31 March 2025

11,420

68,133

7,363

86,916

NET BOOK VALUE

At 31 March 2025

1,550

8,427

1,942

11,919

At 31 March 2024

1,390

11,235

2,139

14,764

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

1,429,999

Additions

159,150

Disposals

(250,000

)

At 31 March 2025

1,339,149

NET BOOK VALUE

At 31 March 2025

1,339,149

At 31 March 2024

1,429,999

Fair value at 31 March 2025 is represented by:

£

Valuation in 2011

125,681

Valuation in 2017

244,271

Valuation in 2018

30,000

Valuation in 2022

100,000

Valuation in 2025

(36,822

)

Cost

876,019

1,339,149

If investment properties had not been revalued they would have been included at the following historical cost:

31.3.25

31.3.24

£

£

Cost

876,019

930,047

Investment properties were valued on an open market basis on 31 March 2025 by the director, J Harrison .

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other debtors

1,413

857

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

-

16,705

Taxation and social security

8,606

7,078

Other creditors

22,488

45,702

31,094

69,485

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Other creditors

888,383

888,383

9.

RESERVES

Fair

value

reserve

£

At 1 April 2024

427,011

Revaluation

(36,822

)

Deferred Tax Adjustment

3,310

At 31 March 2025

393,499