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REGISTERED NUMBER: 10766580 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

Eagle Investments 2017 Limited

Eagle Investments 2017 Limited (Registered number: 10766580)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Statement of Financial Position 1

Notes to the Financial Statements 3


Eagle Investments 2017 Limited (Registered number: 10766580)

Statement of Financial Position
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Investments 4 21,786,339 17,776,339

CURRENT ASSETS
Debtors 5 1,046 1,047
Cash at bank 549,854 865,068
550,900 866,115
CREDITORS
Amounts falling due within one year 6 25,820 24,620
NET CURRENT ASSETS 525,080 841,495
TOTAL ASSETS LESS CURRENT
LIABILITIES

22,311,419

18,617,834

CREDITORS
Amounts falling due after more than
one year

7

5,259,865

1,564,444
NET ASSETS 17,051,554 17,053,390

CAPITAL AND RESERVES
Called up share capital 8 17,295,725 17,295,725
Retained earnings (244,171 ) (242,335 )
SHAREHOLDERS' FUNDS 17,051,554 17,053,390

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Eagle Investments 2017 Limited (Registered number: 10766580)

Statement of Financial Position - continued
30 June 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 Board of Directors and authorised for issue on 9 January 2025 and were signed on its behalf by:





Mr Nigel Travis - Director


Eagle Investments 2017 Limited (Registered number: 10766580)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Eagle Investments 2017 Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 10766580

Registered office: Brisbane Road
Brisbane Road
London
E10 5NE

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.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 5 (2023 - 5 ) .

Eagle Investments 2017 Limited (Registered number: 10766580)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. FIXED ASSET INVESTMENTS

30.6.24 30.6.23
£    £   
Shares in group undertakings 1,990,000 1,990,000
Loans to group undertakings 19,796,339 15,786,339
21,786,339 17,776,339

Additional information is as follows:
Shares in
group
undertakin
£   
COST
At 1 July 2023
and 30 June 2024 1,990,000
NET BOOK VALUE
At 30 June 2024 1,990,000
At 30 June 2023 1,990,000
Loans to
group
undertakin
£   
At 1 July 2023 15,786,339
New in year 4,010,000
At 30 June 2024 19,796,339

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Other debtors 1,046 1,047

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Other creditors 20,000 20,000
Accruals and deferred income 5,820 4,620
25,820 24,620

Eagle Investments 2017 Limited (Registered number: 10766580)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
30.6.24 30.6.23
£    £   
Other loans - 2-5 years 288,571 -
Directors' loan accounts 4,971,294 1,564,444
5,259,865 1,564,444

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.6.24 30.6.23
value: £    £   
17,295,725 Ordinary A £1 17,295,725 17,295,725

9. RELATED PARTY DISCLOSURES

The company owes £4,784,643 (2023: £1,564,444) to its director, Mr Nigel Travis who is also a 46.50% shareholder of the company as at accounting year end date.

The company owes £136,651 (2023: £Nil) to its director, Mr Richard James Emmett who is also a 2.31% shareholder of the company as at accounting year end date.

The company owes £50,000 (2023: £Nil) to its director, Mr Nikolaus Dieter Semaca as at accounting year end date.

The company owes £5,000 (2023: £Nil) to Mr David Travis who is also a 1.16% shareholder of the company as at accounting year end date.

The company owes £78,754 (2023: £Nil) to Mr Joe Cugine who is also a 1.14% shareholder of the company as at accounting year end date.

The company owes £5,000 (2023: £Nil) to Mr Marshall Taylor who is also a 1.16% shareholder of the company as at accounting year end date.

The company owes £6,000 (2023: £Nil) to Mr Matthew Richard Porter who is also a 0.12% shareholder of the company as at accounting year end date.

The company owes £24,583 (2023: £Nil) to Mr Jeffrey Patric Devron who is also a 0.43% shareholder of the company as at accounting year end date.

During the year the company provided loans amounting to £4,010,000 (2023: £3,822,000) to its subsidiary, Leyton Orient Football Club Limited. As at the balance sheet date, the total loan balance owed to the company by its subsidiary amounted to £19,796,339 (2022: £15,786,339).