EZDAN 70 PARK STREET LIMITED

Company Registration Number:
10258382 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 1 January 2023

End date: 31 December 2023

EZDAN 70 PARK STREET LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

EZDAN 70 PARK STREET LIMITED

Directors' report period ended 31 December 2023

The directors present their report with the financial statements of the company for the period ended 31 December 2023

Principal activities of the company

Ezdan 70 Park Street Limited is a private company, limited by shares, incorporated in England and Wales, registered number 10258382. The registered office is One Fleet Place, London, EC4M 7WS.



Directors

The director shown below has held office during the whole of the period from
1 January 2023 to 31 December 2023

Tamer Fouad Mahmoud Abdelrehim


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
18 June 2024

And signed on behalf of the board by:
Name: Tamer Fouad Mahmoud Abdelrehim
Status: Director

EZDAN 70 PARK STREET LIMITED

Profit And Loss Account

for the Period Ended 31 December 2023

2023 2022


£

£
Turnover: 0 0
Cost of sales: 0 0
Gross profit(or loss): 0 0
Administrative expenses: ( 588,109 ) ( 302,827 )
Other operating income: 0
Operating profit(or loss): (588,109) (302,827)
Profit(or loss) before tax: (588,109) (302,827)
Profit(or loss) for the financial year: (588,109) (302,827)

EZDAN 70 PARK STREET LIMITED

Balance sheet

As at 31 December 2023

Notes 2023 2022


£

£
Fixed assets
Investments: 3 4,500,000 5,000,000
Total fixed assets: 4,500,000 5,000,000
Prepayments and accrued income: 1,928 3,014
Net current assets (liabilities): 1,928 3,014
Total assets less current liabilities: 4,501,928 5,003,014
Creditors: amounts falling due after more than one year: 4 ( 8,125,513 ) ( 8,023,913 )
Accruals and deferred income: ( 10,574 ) ( 25,151 )
Total net assets (liabilities): (3,634,159) (3,046,050)
Capital and reserves
Called up share capital: 1 1
Profit and loss account: (3,634,160 ) (3,046,051 )
Total Shareholders' funds: ( 3,634,159 ) (3,046,050)

The notes form part of these financial statements

EZDAN 70 PARK STREET LIMITED

Balance sheet statements

For the year ending 31 December 2023 the company was entitled to exemption 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.

This report was approved by the board of directors on 18 June 2024
and signed on behalf of the board by:

Name: Tamer Fouad Mahmoud Abdelrehim
Status: Director

The notes form part of these financial statements

EZDAN 70 PARK STREET LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Valuation information and policy

    Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

    Other accounting policies

    Debtors Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment. Creditors Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

EZDAN 70 PARK STREET LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 0 0

EZDAN 70 PARK STREET LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Fixed assets investments note

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

EZDAN 70 PARK STREET LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Creditors: amounts falling due after more than one year note

2023 2022
£ £
Other creditors 8,125,513 8,023,913
Total 8,125,513 8,023,913