EAST COAST REALTY LTD

Company Registration Number:
08873865 (England and Wales)

Unaudited abridged accounts for the year ended 28 February 2024

Period of accounts

Start date: 01 March 2023

End date: 28 February 2024

EAST COAST REALTY LTD

Contents of the Financial Statements

for the Period Ended 28 February 2024

Balance sheet
Notes

EAST COAST REALTY LTD

Balance sheet

As at 28 February 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 3,555 2,579
Total fixed assets: 3,555 2,579
Current assets
Stocks: 1,192,090 1,107,027
Debtors:   4,766 11,859
Cash at bank and in hand: 625,267 696,632
Total current assets: 1,822,123 1,815,518
Creditors: amounts falling due within one year:   (1,114,248) (1,174,189)
Net current assets (liabilities): 707,875 641,329
Total assets less current liabilities: 711,430 643,908
Total net assets (liabilities): 711,430 643,908
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 711,428 643,906
Shareholders funds: 711,430 643,908

The notes form part of these financial statements

EAST COAST REALTY LTD

Balance sheet statements

For the year ending 28 February 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 22 November 2024
and signed on behalf of the board by:

Name: P A Chapple
Status: Director

The notes form part of these financial statements

EAST COAST REALTY LTD

Notes to the Financial Statements

for the Period Ended 28 February 2024

1. Accounting policies

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

Turnover policy

Income comprises trading income and rental income. There was no turnover attributable to geographical markets outside of the United Kingdom during the period.

Tangible fixed assets and depreciation policy

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life: Fixtures, fittings and equipment - 25% straight line

Other accounting policies

Going concern - after reviewing the forecasts and projections the directors have reasonable expectation that the company has adequate financial resources to continue in operational existence for the foreseeable future. The company therefore adopts the going concern basis in the preparation of its financial statements. Financial Instruments Policy Debtors are accounted for as debts less any provision for impairment. Creditors are shown at their carrying amount. Accounting Judgements - in the opinion of the directors, there are no critical accounting judgements. There are no key estimations or uncertainties that require disclosure.

EAST COAST REALTY LTD

Notes to the Financial Statements

for the Period Ended 28 February 2024

2. Employees

2024 2023
Average number of employees during the period 0 0

EAST COAST REALTY LTD

Notes to the Financial Statements

for the Period Ended 28 February 2024

3. Tangible Assets

Total
Cost £
At 01 March 2023 16,214
Additions 2,943
At 28 February 2024 19,157
Depreciation
At 01 March 2023 13,635
Charge for year 1,967
At 28 February 2024 15,602
Net book value
At 28 February 2024 3,555
At 28 February 2023 2,579

EAST COAST REALTY LTD

Notes to the Financial Statements

for the Period Ended 28 February 2024

4. Related party transactions

Name of the related party:
Relationship:
Shareholder
Description of the Transaction: Provision of working capital
£
Balance at 01 March 2023 561,181
Balance at 28 February 2024 534,181
Name of the related party:
Relationship:
Shareholder
Description of the Transaction: Provision of working capital
£
Balance at 01 March 2023 561,181
Balance at 28 February 2024 534,181