REGISTERED NUMBER: 07331009 (England and Wales)

EMERSON WILLIS DEVELOPMENTS LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

D.W. Norton

SECRETARY:

Ms S De Winter

REGISTERED OFFICE:

21 Lodge Lane

Grays

Essex

RM17 5RY

REGISTERED NUMBER:

07331009 (England and Wales)

ACCOUNTANTS:

CR Bland Baker Limited

Chartered Accountants

21 Lodge Lane

Grays

Essex

RM17 5RY

FIXED ASSETS

Investment property

4

1,180,913

1,180,000

CURRENT ASSETS

Debtors

5

2,032

3,483

Cash at bank and in hand

28,218

27,233

30,250

30,716

CREDITORS

Amounts falling due within one year

6

569,077

551,904

NET CURRENT LIABILITIES

(538,827

)

(521,188

)

TOTAL ASSETS LESS CURRENT LIABILITIES

642,086

658,812

CREDITORS

Amounts falling due after more than one year

7

(113,988

)

(134,315

)

PROVISIONS FOR LIABILITIES

(28,300

)

(28,300

)

NET ASSETS

499,798

496,197

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

499,698

496,097

SHAREHOLDERS' FUNDS

499,798

496,197

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 April 2026 and were signed by:

D.W. Norton - Director

1.	STATUTORY INFORMATION

Emerson Willis Developments 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

The financial statements have been prepared on a going concern basis as the director has undertaken to provide continuing financial support to enable the company to meet its liabilities as they fall due.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

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

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 August 2024

1,180,000

Additions

913

At 31 July 2025

1,180,913

NET BOOK VALUE

At 31 July 2025

1,180,913

At 31 July 2024

1,180,000

Fair value at 31 July 2025 is represented by:

£

Valuation in 2016

85,965

Valuation in 2023

113,056

Cost

981,892

1,180,913

Under FRS 102 section 1A, the director has taken advantage of revaluing the investment properties. Using the fair value accounting rule he has valued the properties at £1,180,000.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

2,032

3,483

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

18,543

17,116

Taxation and social security

840

3,800

Other creditors

549,694

530,988

569,077

551,904

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

113,988

134,315

2025

2024

£

£

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

24,720

51,916

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

132,531

151,431

The bank mortgage is secured on the properties held by the company.