Easy Land Limited - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 05383732 (England and Wales)

Easy Land Limited

Unaudited Financial Statements

for the Year Ended 31st March 2023

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

Directors:

Mr J T Armstrong

Mr S P Hutt

Registered office:

4th Floor

100 Fenchurch Street

London

EC3M 5JD

Registered number:

05383732 (England and Wales)

Accountants:

Wilson Stevens

Accountants

4th Floor

100 Fenchurch Street

London

EC3M 5JD

Fixed assets

Investments

4

100

26,767

Current assets

Stocks

147,758

91,172

Cash at bank

19,387

32,809

167,145

123,981

Creditors

Amounts falling due within one year

5

1,814

5,663

Net current assets

165,331

118,318

Total assets less current liabilities

165,431

145,085

Capital and reserves

Called up share capital

100

100

Retained earnings

165,331

144,985

165,431

145,085

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 7th December 2023 and were signed on its behalf by:

Mr S P Hutt - Director

1.	Statutory information

Easy Land Limited 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.

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.

Investments in associates

Investments in associate undertakings are recognised at cost.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 2 (2022 - 2 ) .

4.	Fixed asset investments

2023

2022

£

£

Participating interests

100

26,767

Additional information is as follows:

Interest

in

associate

£

Cost

At 1st April 2022

26,767

Additions

23,334

Disposals

(50,001

)

At 31st March 2023

100

Net book value

At 31st March 2023

100

At 31st March 2022

26,767

The company's investments at the Statement of Financial Position date in the share capital of companies include the following:

Associated company

Commercial London Regeneration Limited

Registered office: 4th Floor, 100 Fenchurch Street, London, EC3M 5JD

Nature of business: Technical research

%

Class of shares:

holding

Ordinary

33.33

Loans to

associates

£

New in year

20,000

Repayment in year

(20,000

)

At 31st March 2023

-

5.

Creditors: amounts falling due within one year

2023

2022

£

£

Other creditors

1,814

5,663