Company Registration No. 11887281 (England and Wales)
ERNDALE PROPERTY LTD
Unaudited accounts
for the year ended 31 March 2025
ERNDALE PROPERTY LTD
Unaudited accounts
Contents
ERNDALE PROPERTY LTD
Company Information
for the year ended 31 March 2025
Director
James Francis Elsdale
Company Number
11887281 (England and Wales)
Registered Office
194/5 UPPER STREET
ISLINGTON
LONDON
N1 1RQ
UNITED KINGDOM
Accountants
Genius Accountancy Ltd
27 Old Gloucester Street
London
WC1N 3AX
ERNDALE PROPERTY LTD
Statement of financial position
as at 31 March 2025
Investment property
790,000
770,000
Cash at bank and in hand
26,722
85,759
Creditors: amounts falling due within one year
(205,550)
(210,507)
Net current liabilities
(7,530)
(38,805)
Total assets less current liabilities
783,341
731,788
Creditors: amounts falling due after more than one year
(510,294)
(510,294)
Provisions for liabilities
Deferred tax
(52,456)
(48,656)
Net assets
220,591
172,838
Called up share capital
100
100
Fair value reserve
164,404
148,204
Profit and loss account
56,087
24,534
Shareholders' funds
220,591
172,838
For the year ending 31 March 2025 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 December 2025 and were signed on its behalf by
James Francis Elsdale
Director
Company Registration No. 11887281
ERNDALE PROPERTY LTD
Notes to the Accounts
for the year ended 31 March 2025
ERNDALE PROPERTY LTD is a private company, limited by shares, registered in England and Wales, registration number 11887281. The registered office is 194/5 UPPER STREET, ISLINGTON, LONDON, N1 1RQ, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Initially, investment property is recognized at cost. Subsequently, it is measured at fair market value, with any gains recognized in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold..
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
ERNDALE PROPERTY LTD
Notes to the Accounts
for the year ended 31 March 2025
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 31 March 2025
708
889
1,597
Charge for the year
234
196
430
At 31 March 2025
234
492
726
At 31 March 2025
474
397
871
At 31 March 2024
-
593
593
Fair value at 1 April 2024
770,000
Net gain from fair value adjustments
20,000
Amounts falling due within one year
Other debtors
167,891
33,500
Amounts falling due after more than one year
7
Creditors: amounts falling due within one year
2025
2024
Other creditors
12,736
12,736
Loans from directors
192,814
197,771
8
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
510,294
510,294
Reclassification: An amount of £510,294 of mortgage loans has been reclassified to bank loans from finance lease and HP contracts in the comparatives.
ERNDALE PROPERTY LTD
Notes to the Accounts
for the year ended 31 March 2025
9
Transactions with related parties
As of the year-end, the company was owed an intercompany balance of £52,525.00 from its connected company, SEASON COOKSHOP LIMITED. The loan is unsecured, interest-free, and repayable on demand.
10
Average number of employees
During the year the average number of employees was 0 (2024: 0).