EUROPEAN LAND LIMITED

Company Registration Number:
05945704 (England and Wales)

Unaudited statutory accounts for the year ended 30 September 2024

Period of accounts

Start date: 1 October 2023

End date: 30 September 2024

EUROPEAN LAND LIMITED

Contents of the Financial Statements

for the Period Ended 30 September 2024

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

EUROPEAN LAND LIMITED

Directors' report period ended 30 September 2024

The directors present their report with the financial statements of the company for the period ended 30 September 2024

Principal activities of the company

Owning and managing real estate



Directors

The director shown below has held office during the whole of the period from
1 October 2023 to 30 September 2024

simon karimzadeh


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
6 October 2024

And signed on behalf of the board by:
Name: simon karimzadeh
Status: Director

EUROPEAN LAND LIMITED

Profit And Loss Account

for the Period Ended 30 September 2024

2024 2023


£

£
Turnover: 902,050 701,225
Cost of sales: ( 309,550 ) ( 422,472 )
Gross profit(or loss): 592,500 278,753
Distribution costs: ( 658 ) ( 575 )
Administrative expenses: ( 229,525 ) ( 235,222 )
Other operating income: 0 0
Operating profit(or loss): 362,317 42,956
Interest receivable and similar income: 825 504
Interest payable and similar charges: ( 348,995 ) ( 285,698 )
Profit(or loss) before tax: 14,147 (242,238)
Profit(or loss) for the financial year: 14,147 (242,238)

EUROPEAN LAND LIMITED

Balance sheet

As at 30 September 2024

Notes 2024 2023


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 12,545,950 12,532,472
Total fixed assets: 12,545,950 12,532,472
Current assets
Stocks: 4 91,500 82,555
Debtors: 5 65,355 17,511
Cash at bank and in hand: 45,251 53,320
Investments: 6 894,500 0
Total current assets: 1,096,606 153,386
Prepayments and accrued income: 2 2
Creditors: amounts falling due within one year: 7 ( 335,500 ) ( 454,302 )
Net current assets (liabilities): 761,108 (300,914)
Total assets less current liabilities: 13,307,058 12,231,558
Creditors: amounts falling due after more than one year: 8 ( 5,300,000 ) ( 4,125,000 )
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): 8,007,058 8,106,558
Capital and reserves
Called up share capital: 1 1
Other reserves: 8,548,698 8,662,645
Profit and loss account: (541,641 ) (556,088 )
Total Shareholders' funds: 8,007,058 8,106,558

The notes form part of these financial statements

EUROPEAN LAND LIMITED

Balance sheet statements

For the year ending 30 September 2024 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 7 October 2024
and signed on behalf of the board by:

Name: simon karimzadeh
Status: Director

The notes form part of these financial statements

EUROPEAN LAND LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

EUROPEAN LAND LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 8 8

EUROPEAN LAND LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 October 2023 12,500,000 32,472 12,532,472
Additions 15,000 15,000
Disposals
Revaluations
Transfers
At 30 September 2024 12,500,000 47,472 12,547,472
Depreciation
At 1 October 2023 0 0
Charge for year 1,522 1,522
On disposals
Other adjustments
At 30 September 2024 1,522 1,522
Net book value
At 30 September 2024 12,500,000 45,950 12,545,950
At 30 September 2023 12,500,000 32,472 12,532,472

EUROPEAN LAND LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

4. Stocks

2024 2023
£ £
Stocks 91,500 82,555
Total 91,500 82,555

EUROPEAN LAND LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

5. Debtors

2024 2023
£ £
Trade debtors 65,355 17,511
Total 65,355 17,511

EUROPEAN LAND LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

6. Current assets investments note

Stocks £ 91,500 building materials Debtors £ 65,355 rents and other services due Cash £ 45251 cash in hand and in banks Investments £ 894500 Loans to subsidiaries

EUROPEAN LAND LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

7. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 0
Trade creditors 335,500 454,302
Total 335,500 454,302

EUROPEAN LAND LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2024

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

2024 2023
£ £
Bank loans and overdrafts 5,300,000 4,125,000
Total 5,300,000 4,125,000