Company Registration No. 12090135 (England and Wales)
EP Property Solutions Ltd
Unaudited accounts
for the year ended 31 July 2023
EP Property Solutions Ltd
Unaudited accounts
Contents
EP Property Solutions Ltd
Company Information
for the year ended 31 July 2023
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
EP Property Solutions Ltd
Statement of financial position
as at 31 July 2023
Tangible assets
20,805
16,925
Investment property
2,516,675
544,832
Cash at bank and in hand
11,118
155,269
Creditors: amounts falling due within one year
(670,034)
(532,520)
Net current liabilities
(546,994)
(216,472)
Total assets less current liabilities
1,990,486
345,285
Creditors: amounts falling due after more than one year
(1,839,845)
(190,198)
Net assets
150,641
155,087
Called up share capital
100
100
Revaluation reserve
167,028
167,028
Profit and loss account
(16,487)
(12,041)
Shareholders' funds
150,641
155,087
For the year ending 31 July 2023 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 29 April 2024 and were signed on its behalf by
Samuel Robert Elgie
Director
Company Registration No. 12090135
EP Property Solutions Ltd
Notes to the Accounts
for the year ended 31 July 2023
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
Fair value at 1 August 2022
544,832
EP Property Solutions Ltd
Notes to the Accounts
for the year ended 31 July 2023
Amounts falling due within one year
Other debtors
111,922
160,779
7
Creditors: amounts falling due within one year
2023
2022
Other creditors
454,964
532,520
Loans from directors
214,350
-
8
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
1,839,845
190,198
9
Average number of employees
During the year the average number of employees was 0 (2022: 0).
