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Company Registration No. 10702056 (England and Wales)
Easylinks Property Limited Unaudited accounts for the year ended 31 March 2024
Easylinks Property Limited Unaudited accounts Contents
Page
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Easylinks Property Limited Company Information for the year ended 31 March 2024
Director
J V Stantchovsky
Company Number
10702056 (England and Wales)
Registered Office
Primary House Spring Gardens Macclesfield Cheshire SK10 2DX
Accountants
Taylor Consultancy, Chartered Certified Accountants Primary House Spring Gardens Macclesfield Cheshire SK10 2DX
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Easylinks Property Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Debtors
2,291,221 
2,328,989 
Cash at bank and in hand
1,296 
187,997 
2,292,517 
2,516,986 
Creditors: amounts falling due within one year
(2,276,054)
(2,486,709)
Net current assets
16,463 
30,277 
Total assets less current liabilities
16,463 
30,277 
Creditors: amounts falling due after more than one year
(11,667)
(21,667)
Net assets
4,796 
8,610 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
4,795 
8,609 
Shareholders' funds
4,796 
8,610 
For the year ending 31 March 2024 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 2 December 2024 and were signed on its behalf by
J V Stantchovsky Director Company Registration No. 10702056
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Easylinks Property Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Easylinks Property Limited is a private company, limited by shares, registered in England and Wales, registration number 10702056. The registered office is Primary House, Spring Gardens, Macclesfield, Cheshire, SK10 2DX.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Amounts due from group undertakings etc.
1,258,852 
1,111,852 
Accrued income and prepayments
98,498 
71,648 
Other debtors
933,871 
1,145,489 
2,291,221 
2,328,989 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
10,000 
10,000 
Amounts owed to group undertakings and other participating interests
2,261,124 
2,471,779 
Taxes and social security
3,080 
3,080 
Accruals
1,850 
1,850 
2,276,054 
2,486,709 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
11,667 
21,667 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
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Easylinks Property Limited Notes to the Accounts for the year ended 31 March 2024
8
Transactions with related parties
Mr J V Stantchovsky is a director and shareholder in both Easylink Homes Limited and Easylinks Property Limited. At the balance sheet date Easylinks Property Limited was owed £1,258,852 (2023 £1,111,852) by Easylinks Homes Limited as shown in in debtors due with one year, the loan is subject to interest at a commercial rate and is repayable upon demand. Easylink Property and and Easylinks Energy Limited are associated companies, both are 100% owned by Easylinks Holdings Limited. During the year Easylink Energy Limited charged Easylinks Property Limited a management charge of £80,000 (2023 -£25,000). Easylink Holdings Limited is the ultimate holding company. At the balance sheet date Easylinks Property Limited owed £2,261,124 (2023 £2,471,779) to Easylink Holdings Limited as shown in in creditors due with one year, the loan is subject to interest at a commercial rate and is repayable upon demand.
9
Controlling party
The company is a 100% owned subsidiary of Easylinks Holdings Limited, company number 04168176 whose registered office is Unit 8, Brindley Court, Victoria Business Park, Prospect Way, Knypersley, Stock on Trent ST8 7PP
10
Average number of employees
During the year the average number of employees was 1 (2023: 2).
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