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REGISTERED NUMBER: 10943540 (England and Wales)















Financial Statements

for the Period 1 October 2021 to 28 September 2022

for

Eastham Investments NW Limited

Eastham Investments NW Limited (Registered number: 10943540)






Contents of the Financial Statements
for the Period 1 October 2021 to 28 September 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Eastham Investments NW Limited

Company Information
for the Period 1 October 2021 to 28 September 2022







DIRECTOR: A Mitty





REGISTERED OFFICE: 93-95 Mount Pleasant
Liverpool
Merseyside
L3 5TB





REGISTERED NUMBER: 10943540 (England and Wales)





ACCOUNTANTS: Cobham Murphy
116 Duke Street
Liverpool
Merseyside
L1 5JW

Eastham Investments NW Limited (Registered number: 10943540)

Balance Sheet
28 September 2022

28.9.22 30.9.21
Notes £    £    £    £   
FIXED ASSETS
Investments 4 2 2
Investment property 5 625,383 -
625,385 2

CURRENT ASSETS
Stocks 813,404 29,744
Debtors 6 3,797 5,812
Cash at bank 408 61,295
817,609 96,851
CREDITORS
Amounts falling due within one year 7 1,393,327 74,397
NET CURRENT (LIABILITIES)/ASSETS (575,718 ) 22,454
TOTAL ASSETS LESS CURRENT
LIABILITIES

49,667

22,456

CREDITORS
Amounts falling due after more than one
year

8

38,473

44,583
NET ASSETS/(LIABILITIES) 11,194 (22,127 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 11,094 (22,227 )
11,194 (22,127 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 September 2022.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 September 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Eastham Investments NW Limited (Registered number: 10943540)

Balance Sheet - continued
28 September 2022


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 2 October 2023 and were signed by:





A Mitty - Director


Eastham Investments NW Limited (Registered number: 10943540)

Notes to the Financial Statements
for the Period 1 October 2021 to 28 September 2022

1. STATUTORY INFORMATION

Eastham Investments NW 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

The director has considered the consequences of COVID-19 and other events and conditions, and they have determined that they do not create a material uncertainty that casts significant doubt upon the entity’s ability to continue as a going concern.

Despite the current liability position of the company it is still considered a going concern due to ongoing continued support from the director.

Significant judgements and estimates
There are no judgements (apart from those involving estimates) that have had a significant effect on amounts recognised in the financial statements.

Turnover
Turnover is exempt from vat and is measured at the fair value of property sales, funding and associated fees received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Revenue is recognised on the sale of property.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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

Financial instruments
Other loans are initially measured at the present value of future payments, discounted at a market rate of interest, and subsequently at amortised cost using the effective interest method.

Directors loans and intercompany loans (being repayable on demand), trade debtors and trade creditors are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.


Eastham Investments NW Limited (Registered number: 10943540)

Notes to the Financial Statements - continued
for the Period 1 October 2021 to 28 September 2022

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 period 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 period was NIL (2021 - NIL).

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 October 2021
and 28 September 2022 2
NET BOOK VALUE
At 28 September 2022 2
At 30 September 2021 2

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
Additions 625,383
At 28 September 2022 625,383
NET BOOK VALUE
At 28 September 2022 625,383

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.9.22 30.9.21
£    £   
Trade debtors 1,194 -
Amounts owed by group undertakings 2,000 -
Amounts owed by associates 603 598
Other debtors - 5,214
3,797 5,812

Eastham Investments NW Limited (Registered number: 10943540)

Notes to the Financial Statements - continued
for the Period 1 October 2021 to 28 September 2022

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.9.22 30.9.21
£    £   
Bank loans and overdrafts 256,786 5,000
Trade creditors - 690
Amounts owed to group undertakings - 18,749
Amounts owed to associates 440,000 -
Other creditors 696,541 49,958
1,393,327 74,397

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
28.9.22 30.9.21
£    £   
Bank loans 38,473 44,583

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 16,253 24,583

9. SECURED DEBTS

The following secured debts are included within creditors:

28.9.22 30.9.21
£    £   
Bank loans 295,259 -

10. RELATED PARTY DISCLOSURES

Included in debtors is £2,000 due from a subsidiary (2021 - £18,749 creditor).

Included in creditors are net amounts of £439,396 due from associated companies (2021 - £598 debtor).