EP Property Solutions Ltd

EP Property Solutions Ltd

EP PROPERTY SOLUTIONS LTD - Company Information

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1 August 2020 false No description of principal activity Taxfiler 2022.2 12090135business:PrivateLimitedCompanyLtd2020-08-012021-07-31 120901352020-07-31 120901352020-08-012021-07-31 12090135business:AuditExempt-NoAccountantsReport2020-08-012021-07-31 12090135business:FullAccounts2020-08-012021-07-31 120901352021-07-31 12090135business:Director12020-08-012021-07-31 12090135business:Director22020-08-012021-07-31 12090135business:RegisteredOffice2020-08-012021-07-31 120901352020-07-31 12090135core:WithinOneYear2021-07-31 12090135core:WithinOneYear2020-07-31 12090135core:AfterOneYear2021-07-31 12090135core:AfterOneYear2020-07-31 12090135core:ShareCapital2021-07-31 12090135core:ShareCapital2020-07-31 12090135core:RetainedEarningsAccumulatedLosses2021-07-31 12090135core:RetainedEarningsAccumulatedLosses2020-07-31 12090135business:SmallEntities2020-08-012021-07-31 12090135countries:EnglandWales2020-08-012021-07-31 12090135core:FurnitureFittings2020-07-31 12090135core:FurnitureFittings2020-08-012021-07-31 12090135core:FurnitureFittings2021-07-31 120901352019-07-082020-07-31 iso4217:GBP xbrli:pure
Company Registration No. 12090135 (England and Wales)
EP Property Solutions Ltd Unaudited accounts for the year ended 31 July 2021
EP Property Solutions Ltd Unaudited accounts Contents
Page
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EP Property Solutions Ltd Company Information for the year ended 31 July 2021
Directors
Lewis James John Perren Samuel Robert Elgie
Company Number
12090135 (England and Wales)
Registered Office
UNIT 2 BURLEY HOUSE, ROWDITCH PLACE DERBY DE22 3LR UNITED KINGDOM
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EP Property Solutions Ltd Statement of financial position as at 31 July 2021
2021 
2020 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
16,925 
- 
Investment property
5
342,310 
- 
359,235 
- 
Current assets
Debtors
6
7,887 
200 
Cash at bank and in hand
143 
22,327 
8,030 
22,527 
Creditors: amounts falling due within one year
7
(342,804)
- 
Net current (liabilities)/assets
(334,774)
22,527 
Total assets less current liabilities
24,461 
22,527 
Creditors: amounts falling due after more than one year
8
(22,500)
(22,500)
Net assets
1,961 
27 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
1,861 
(73)
Shareholders' funds
1,961 
27 
For the year ending 31 July 2021 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 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 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 of Directors and authorised for issue on 31 March 2022 and were signed on its behalf by
Lewis James John Perren Director Company Registration No. 12090135
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EP Property Solutions Ltd Notes to the Accounts for the year ended 31 July 2021
1
Statutory information
EP Property Solutions Ltd is a private company, limited by shares, registered in England and Wales, registration number 12090135. The registered office is UNIT 2 BURLEY HOUSE,, ROWDITCH PLACE, DERBY, DE22 3LR, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 August 2020
- 
Additions
16,925 
At 31 July 2021
16,925 
Depreciation
At 31 July 2021
- 
Net book value
At 31 July 2021
16,925 
5
Investment property
2021 
£ 
Additions
342,310 
At 31 July 2021
342,310 
6
Debtors: amounts falling due within one year
2021 
2020 
£ 
£ 
Other debtors
7,887 
200 
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EP Property Solutions Ltd Notes to the Accounts for the year ended 31 July 2021
7
Creditors: amounts falling due within one year
2021 
2020 
£ 
£ 
Other creditors
260,999 
- 
Loans from directors
81,805 
- 
342,804 
- 
8
Creditors: amounts falling due after more than one year
2021 
2020 
£ 
£ 
Bank loans
22,500 
22,500 
9
Average number of employees
During the year the average number of employees was 0 (2020: 1).
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