E & LJC PROPERTIES LIMITED


Directors	CASSON, Elliot
	CASSON, Laura


Registered Address	35/37 St Leonards Road
	Northampton
	NN4 8DL


Registered Number	14798025 (England and Wales)

Balance Sheet as at
30 April 2026

	Notes	2026		2025
		£	£	£	£
Fixed assets
Investment property	3		303,600		285,000
			303,600		285,000
Current assets
Debtors	4	475		-
Cash at bank and on hand		50,646		4,662
		51,121		4,662
Creditors amounts falling due within one year	5	(115,534)		(115,716)
Net current assets (liabilities)			(64,413)		(111,054)
Total assets less current liabilities			239,187		173,946
Creditors amounts falling due after one year	6		(207,751)		(163,951)
Provisions for liabilities	7		(6,307)		(2,773)
Net assets			25,129		7,222
Capital and reserves
Called up share capital			100		100
Profit and loss account			25,029		7,122
Shareholders' funds			25,129		7,222

The company was entitled to exemption from audit for this reporting period 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.
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 and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 6 August 2026, and are signed on its behalf by:

CASSON, Elliot
Director
Registered Company No. 14798025

E & LJC PROPERTIES LIMITED

Notes to the Financial Statements
for the year ended 30 April 2026

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Investment property
	The investment property is accounted for under FRS 102, Section 16 Investment Property. Investment property is remeasured to fair value at each balance sheet date with fair value gains and losses being reported in profit or loss. Investment properties are valued using RICS open market valuation on a freehold basis.

2.	Average number of employees


		2026		2025
	Average number of employees during the year	2		2

3.	Investment property


		£
	Fair value at 01 May 25	285,000
	Additions	18,600
	At 30 April 26	303,600

4.	Debtors: amounts due within one year

	2026	2025
	£	£
Other debtors	475	-
Total	475	-

5.	Creditors: amounts due within one year

	2026	2025
	£	£
Taxation and social security	298	-
Other creditors	113,916	114,516
Accrued liabilities and deferred income	1,320	1,200
Total	115,534	115,716

6.	Creditors: amounts due after one year

	2026	2025
	£	£
Bank borrowings and overdrafts	163,951	163,951
Other creditors	43,800	-
Total	207,751	163,951

7.	Provisions for liabilities

	2026	2025
	£	£
Net deferred tax liability (asset)	6,307	2,773
Total	6,307	2,773