Ember Estates Limited Filleted accounts for Companies House (small and micro)
Ember Estates Limited Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
00923509
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Statement of Financial Position |
2023 |
2022 |
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Note |
£ |
£ |
£ |
Fixed assets
Tangible assets |
5 |
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Investments |
6 |
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Current assets
Stocks |
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Debtors |
7 |
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Cash at bank and in hand |
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Creditors: amounts falling due within one year |
8 |
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Net current assets |
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Total assets less current liabilities |
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Creditors: amounts falling due after more than one year |
9 |
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Net assets |
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Capital and reserves
Called up share capital |
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Profit and loss account |
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Shareholders funds |
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In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered.
Directors' responsibilities:
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The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
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Statement of Financial Position (continued) |
These financial statements were approved by the
board of directors
and authorised for issue on
13 February 2024
, and are signed on behalf of the board by:
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Director |
Company registration number:
00923509
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Notes to the Financial Statements |
Year ended 30 June 2023
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 2 Castle Business Village, Station Road, Hampton, Middlesex, TW12 2BX.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Income tax
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Fixtures & Fittings |
- |
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Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
Stocks
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
2
(2022:
2
).
5.
Tangible assets
Fixtures and fittings |
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£ |
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Cost |
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At 1 July 2022 |
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Additions |
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At 30 June 2023 |
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-------- |
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Depreciation |
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At 1 July 2022 |
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Charge for the year |
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-------- |
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At 30 June 2023 |
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-------- |
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Carrying amount |
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At 30 June 2023 |
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-------- |
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At 30 June 2022 |
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-------- |
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6.
Investments
Shares in group undertakings |
Loans to group undertakings |
Shares in participating interests |
Total |
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£ |
£ |
£ |
£ |
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Cost |
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At 1 July 2022 |
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(
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Additions |
– |
(
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(
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Disposals |
– |
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– |
2,060,000 |
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At 30 June 2023 |
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Impairment |
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At 1 July 2022 and 30 June 2023 |
– |
– |
– |
– |
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------- |
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Carrying amount |
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At 30 June 2023 |
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At 30 June 2022 |
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(
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99% of Share Capital of Chalford Property Company Limited (a company incorporated in England and Wales) was acquired during a previous period.
Group Accounts have not been prepared as the Group qualifies as a Small Group under Section 398 of the Companies Act 2006.
The net profit after tax of the subsidiary for the year to 30 June 2023 was £707,486 (2022 - £80,618) and the capital and reserves at that date amounted to £6,986,838 (2022 - £6,279,352).
Included within other operating income is the company's share of profits from its participating interest in Emberden LLP for the year ended 31 March 2023. The following year's accounts of the LLP have not yet been completed and any profits/losses for that year will be included in the results of this company for the year ended 30 June 2024.
7.
Debtors
2023 |
2022 |
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£ |
£ |
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Other debtors |
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------- |
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8.
Creditors:
amounts falling due within one year
2023 |
2022 |
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£ |
£ |
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Trade creditors |
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Corporation tax |
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– |
Unsecured Loan - Director |
248,019 |
307,543
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Other creditors |
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9.
Creditors:
amounts falling due after more than one year
2023 |
2022 |
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£ |
£ |
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Unsecured Loan - Cox & Readman Developments Limited |
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10.
Related party transactions
The company was under the control of
Mr J M Hickman
throughout the current and previous year. Mr J M Hickman
is a director and the majority shareholder. The unsecured loans from Mr J M Hickman
and Mr M Hickman, directors of the company are referred to in Note 9. At 30 June 2023 and during the year then ended Mr M Hickman was interested as a shareholder in Cox & Readman Developments Limited. The unsecured loan from that company is referred to in Note 10. During a previous year the company acquired 99% of the Share Capital of Chalford Property Company Limited from Mr M Hickman. Part of the consideration for the purchase was the issue to Mr M Hickman of £1,161,437 Floating Rate Unsecured Loan Notes 2013. The outstanding amount is shown under Other Creditors in Note 9. These Loan Notes carry interest at the rate of 3% over Base Rate.