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REGISTERED NUMBER: 03714573 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 29 FEBRUARY 2024

FOR

EDDY ROSE PROPERTY LTD

EDDY ROSE PROPERTY LTD (REGISTERED NUMBER: 03714573)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 29 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Certified Accountants' Report 7

EDDY ROSE PROPERTY LTD

COMPANY INFORMATION
for the Year Ended 29 February 2024







DIRECTOR: Mr E J H Rose





SECRETARY:





REGISTERED OFFICE: 98 Hornchurch Road
Hornchurch
Essex
RM11 1JS





REGISTERED NUMBER: 03714573 (England and Wales)





ACCOUNTANTS: Stephen Farra Associates Limited
98 Hornchurch Road
Hornchurch
Essex
RM11 1JS

EDDY ROSE PROPERTY LTD (REGISTERED NUMBER: 03714573)

BALANCE SHEET
29 February 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 450,010 450,013

CURRENT ASSETS
Cash at bank 1 877

CREDITORS
Amounts falling due within one year 5 17,528 16,901
NET CURRENT LIABILITIES (17,527 ) (16,024 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

432,483

433,989

CAPITAL AND RESERVES
Called up share capital 1 1
Revaluation reserve 6 245,567 245,567
Retained earnings 186,915 188,421
SHAREHOLDERS' FUNDS 432,483 433,989

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 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.

EDDY ROSE PROPERTY LTD (REGISTERED NUMBER: 03714573)

BALANCE SHEET - continued
29 February 2024


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 September 2024 and were signed by:





Mr E J H Rose - Director


EDDY ROSE PROPERTY LTD (REGISTERED NUMBER: 03714573)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

Eddy Rose Property Ltd 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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Taxation
Taxation for the year 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.

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 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 1 (2023 - 1 ) .

EDDY ROSE PROPERTY LTD (REGISTERED NUMBER: 03714573)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 29 February 2024

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST OR VALUATION
At 1 March 2023
and 29 February 2024 450,000 3,364 453,364
DEPRECIATION
At 1 March 2023 - 3,351 3,351
Charge for year - 3 3
At 29 February 2024 - 3,354 3,354
NET BOOK VALUE
At 29 February 2024 450,000 10 450,010
At 28 February 2023 450,000 13 450,013

Cost or valuation at 29 February 2024 is represented by:

Plant and
Land and machinery
buildings etc Totals
£    £    £   
Valuation in 2019 245,567 - 245,567
Cost 204,433 3,364 207,797
450,000 3,364 453,364

If leasehold properties had not been revalued they would have been included at the following historical cost:

2024 2023
£    £   
Cost 204,433 204,433

Long leasehold properties were valued on an open market basis on 30 September 2018 by Mr E Rose .

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 276 291
Other creditors 17,252 16,610
17,528 16,901

EDDY ROSE PROPERTY LTD (REGISTERED NUMBER: 03714573)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 29 February 2024

6. RESERVES
Revaluation
reserve
£   
At 1 March 2023
and 29 February 2024 245,567

7. RELATED PARTY DISCLOSURES

During the year, total dividends of £1,000 (2023 - £2,000) were paid to the director .

8. ULTIMATE CONTROLLING PARTY

The controlling party is Mr E J H Rose.

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
EDDY ROSE PROPERTY LTD

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Eddy Rose Property Ltd for the year ended 29 February 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of Eddy Rose Property Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Eddy Rose Property Ltd and state those matters that we have agreed to state to the director of Eddy Rose Property Ltd in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Eddy Rose Property Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Eddy Rose Property Ltd. You consider that Eddy Rose Property Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Eddy Rose Property Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Stephen Farra Associates Limited
98 Hornchurch Road
Hornchurch
Essex
RM11 1JS


2 September 2024