EURODALE ESTATES LIMITED

Company Registration Number:
02725653 (England and Wales)

Unaudited abridged accounts for the year ended 30 June 2024

Period of accounts

Start date: 01 July 2023

End date: 30 June 2024

EURODALE ESTATES LIMITED

Contents of the Financial Statements

for the Period Ended 30 June 2024

Balance sheet
Notes

EURODALE ESTATES LIMITED

Balance sheet

As at 30 June 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 2,661,348 2,661,686
Total fixed assets: 2,661,348 2,661,686
Current assets
Cash at bank and in hand: 402,480 271,868
Total current assets: 402,480 271,868
Creditors: amounts falling due within one year:   (163,737) (97,897)
Net current assets (liabilities): 238,743 173,971
Total assets less current liabilities: 2,900,091 2,835,657
Creditors: amounts falling due after more than one year:   (39,816) (39,816)
Provision for liabilities: (337) (422)
Total net assets (liabilities): 2,859,938 2,795,419
Capital and reserves
Called up share capital: 121 121
Share premium account: 154,684 154,684
Revaluation reserve:41,274,3471,274,347
Profit and loss account: 1,430,786 1,366,267
Shareholders funds: 2,859,938 2,795,419

The notes form part of these financial statements

EURODALE ESTATES LIMITED

Balance sheet statements

For the year ending 30 June 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 14 November 2024
and signed on behalf of the board by:

Name: R MItcham
Status: Director

The notes form part of these financial statements

EURODALE ESTATES LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 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

Revenue is measured at the fair value of the consideration received or receivable. Revenue is reduced for estimated customer returns, rebates and other similar allowances.

Tangible fixed assets and depreciation policy

Tangible fixed assets and depreciation Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less estimated residual value, over their expected useful lives on the following bases: Plant and machinery 20% per annum reducing balance basis Computer equipment 20% per annum reducing balance basis At each balance sheet date, the Company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of an asset, the Company estimates the recoverable amount of the cash-generating unit to which the asset belongs. Investment properties Investment properties for which fair value can be measured reliably without undue cost or effort are measured at fair value at each reporting date with changes in fair value recognised in profit or loss.

Other accounting policies

Taxation Taxation represents the sum of tax currently payable and deferred tax. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. Deferred tax is recognised on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liablity is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

EURODALE ESTATES LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

2. Employees

2024 2023
Average number of employees during the period 2 2

EURODALE ESTATES LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

3. Tangible Assets

Total
Cost £
At 01 July 2023 2,669,028
At 30 June 2024 2,669,028
Depreciation
At 01 July 2023 7,342
Charge for year 338
At 30 June 2024 7,680
Net book value
At 30 June 2024 2,661,348
At 30 June 2023 2,661,686

EURODALE ESTATES LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2024

4. Revaluation reserve

2024
£
Balance at 01 July 2023 1,274,347
Surplus or deficit after revaluation 0
Balance at 30 June 2024 1,274,347