E Home Association Ltd (formerly Endurance Rally Association Ltd) - Filleted accounts

E Home Association Ltd (formerly Endurance Rally Association Ltd) - Filleted accounts


E Home Association Ltd (formerly Endurance Rally Association Ltd)
Registered number: 08050381
Balance Sheet
as at 31 March 2021
Notes 2021 2020
£ £
Net current assets - -
Net assets - -
Capital and reserves
Shareholder's funds - -
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Jane Young
Director
Approved by the board on 29 April 2021
E Home Association Ltd (formerly Endurance Rally Association Ltd)
Notes to the Accounts
for the year ended 31 March 2021
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2021 2020
Number Number
Average number of persons employed by the company 1 1
3 Related party transactions
The director, Jane Young, is also sole director and 33.33% shareholder of P Globe Ltd ( formerly Peking-Paris Rally Ltd ). The balance due by that company at 31.3.21 was £nil (31.3.19 £600), relating to overhead costs paid by one company on behalf of the other.
4 Controlling party
The company has no share capital and is limited by guarantee.
5 Other information
E Home Association Ltd (formerly Endurance Rally Association Ltd) is a private company limited by guarantee and incorporated in England. Its registered office is:
Pennyfarthing House
560 Brighton Road
South Croydon
Surrey
CR2 6AW
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