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REGISTERED NUMBER: 04571724 (England and Wales)
















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 MARCH 2024

FOR

EAGLE VISION (LONDON) LIMITED

EAGLE VISION (LONDON) LIMITED (REGISTERED NUMBER: 04571724)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 MARCH 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


EAGLE VISION (LONDON) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 MARCH 2024







DIRECTOR: Ms E Benjamin





REGISTERED OFFICE: Unit 2.02
High Weald House
Glovers End
Bexhill
East Sussex
TN39 5ES





REGISTERED NUMBER: 04571724 (England and Wales)





ACCOUNTANTS: Acuity Professional Partnership LLP
Unit 2.02
High Weald House
Glovers End
Bexhill
East Sussex
TN39 5ES

EAGLE VISION (LONDON) LIMITED (REGISTERED NUMBER: 04571724)

STATEMENT OF FINANCIAL POSITION
30 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 8,522 11,362
Investments 5 8,074,760 8,132,360
Investment property 6 13,529,675 8,356,816
21,612,957 16,500,538

CURRENT ASSETS
Debtors 7 183,377 145,228
Investments 8 455,400 460,415
Cash at bank 213,179 16,043
851,956 621,686
CREDITORS
Amounts falling due within one year 9 2,520,599 1,719,778
NET CURRENT LIABILITIES (1,668,643 ) (1,098,092 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

19,944,314

15,402,446

CREDITORS
Amounts falling due after more than one
year

10

14,254,314

12,741,375
NET ASSETS 5,690,000 2,661,071

CAPITAL AND RESERVES
Called up share capital 13 100 100
Revaluation reserve 14 5,132,283 2,173,568
Retained earnings 14 557,617 487,403
SHAREHOLDERS' FUNDS 5,690,000 2,661,071

EAGLE VISION (LONDON) LIMITED (REGISTERED NUMBER: 04571724)

STATEMENT OF FINANCIAL POSITION - continued
30 MARCH 2024


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

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

The director acknowledges her 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.

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 director and authorised for issue on 15 January 2025 and were signed by:





Ms E Benjamin - Director


EAGLE VISION (LONDON) LIMITED (REGISTERED NUMBER: 04571724)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 MARCH 2024


1. STATUTORY INFORMATION

Eagle Vision (London) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 as modified by the revaluation of certain assets.

TURNOVER
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on cost

Depreciation on freehold buildings has not been provided as, in the directors opinion, the company's policy of regular maintenance and refurbishment maintains the residual value of the assets.

INVESTMENT PROPERTY
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 3 ) .

EAGLE VISION (LONDON) LIMITED (REGISTERED NUMBER: 04571724)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 MARCH 2024


4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
Cost or valuation
At 31 March 2023
and 30 March 2024 15,150 3,556 18,706
Depreciation
At 31 March 2023 3,788 3,556 7,344
Charge for year 2,840 - 2,840
At 30 March 2024 6,628 3,556 10,184
Net book value
At 30 March 2024 8,522 - 8,522
At 30 March 2023 11,362 - 11,362


5. FIXED ASSET INVESTMENTS

2024 2023
£    £   
Loans to undertakings in which the company
has a participating interest

2,002,892

2,002,892
Other investments not loans 6,071,868 6,129,468
8,074,760 8,132,360

Additional information is as follows:

Investments (neither listed nor unlisted) were as follows:
2024 2023
£    £   
Investments in LLP 6,071,868 6,129,468
Loans to
associates
£   
At 31 March 2023
and 30 March 2024 2,002,892

EAGLE VISION (LONDON) LIMITED (REGISTERED NUMBER: 04571724)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 MARCH 2024


6. INVESTMENT PROPERTY
Total
£   
Fair value
At 31 March 2023 8,356,816
Additions 2,266,859
Disposals (52,715 )
Revaluations 2,958,715
At 30 March 2024 13,529,675
Net book value
At 30 March 2024 13,529,675
At 30 March 2023 8,356,816

Fair value at 30 March 2024 is represented by:
£   
Valuation in 2024 2,958,715
Cost 10,570,960
13,529,675

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by group undertakings 166,451 85,228
Other debtors 16,926 60,000
183,377 145,228

8. CURRENT ASSET INVESTMENTS
2024 2023
£    £   
Unlisted investments 189,615 289,615
Other 265,785 170,800
455,400 460,415

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed to group undertakings 303,338 88,673
Taxation and social security 56,946 16,188
Other creditors 2,160,315 1,614,917
2,520,599 1,719,778

EAGLE VISION (LONDON) LIMITED (REGISTERED NUMBER: 04571724)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 MARCH 2024


10. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans (see note 11) 14,254,314 12,741,375

11. LOANS

An analysis of the maturity of loans is given below:

2024 2023
£    £   
Amounts falling due between two and five years:
Bank loans - 2-5 years 14,223,481 12,705,542
Bounce back loan 30,833 35,833
14,254,314 12,741,375

12. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 14,254,314 12,741,375

13. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

14. RESERVES

Revaluation reserve
The revaluation reserve comprise the balance of revaluations relating to the freehold property. This reserve is non-distributable.

Retained earnings
The retained earnings comprise the balance of profits accumulated over the life of the company. This reserve is distributable.

15. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Ms E Benjamin.