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REGISTERED NUMBER: 11321566 (England and Wales)

















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

EMPEROR RESIDENTIAL 1V LIMITED

EMPEROR RESIDENTIAL 1V LIMITED (REGISTERED NUMBER: 11321566)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024










Page

Company Information 1

Report of the Accountants 2

Balance Sheet 3

Notes to the Financial Statements 5


EMPEROR RESIDENTIAL 1V LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: M Mehta
V Mehta





REGISTERED OFFICE: 505 Pinner Road
Harrow
Middlesex
HA2 6EH





REGISTERED NUMBER: 11321566 (England and Wales)





ACCOUNTANTS: Sterling Accounting & Bookkeeping Services Limited
Chartered Accountants
505 Pinner Road
Harrow
Middlesex
HA2 6EH

EMPEROR RESIDENTIAL 1V LIMITED

REPORT OF THE ACCOUNTANTS TO THE DIRECTORS OF
EMPEROR RESIDENTIAL 1V LIMITED


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2024 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Sterling Accounting & Bookkeeping Services Limited
Chartered Accountants
505 Pinner Road
Harrow
Middlesex
HA2 6EH


21 March 2025

EMPEROR RESIDENTIAL 1V LIMITED (REGISTERED NUMBER: 11321566)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 2,000,000 1,850,000

CURRENT ASSETS
Debtors 5 62,990 27,250
Cash at bank 1,439 1,759
64,429 29,009
CREDITORS
Amounts falling due within one year 6 213,362 195,325
NET CURRENT LIABILITIES (148,933 ) (166,316 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,851,067

1,683,684

CREDITORS
Amounts falling due after more than one year 7 (1,200,000 ) (1,200,000 )

PROVISIONS FOR LIABILITIES (99,982 ) (71,482 )
NET ASSETS 551,085 412,202

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 550,985 412,102
SHAREHOLDERS' FUNDS 551,085 412,202

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

EMPEROR RESIDENTIAL 1V LIMITED (REGISTERED NUMBER: 11321566)

BALANCE SHEET - continued
31 MARCH 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 March 2025 and were signed on its behalf by:





M Mehta - Director


EMPEROR RESIDENTIAL 1V LIMITED (REGISTERED NUMBER: 11321566)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


1. STATUTORY INFORMATION

Emperor Residential 1v 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
Revenue is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 Profit and Loss Account, 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 2 (2023 - 2 ) .

EMPEROR RESIDENTIAL 1V LIMITED (REGISTERED NUMBER: 11321566)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023 1,850,000
Revaluations 150,000
At 31 March 2024 2,000,000
NET BOOK VALUE
At 31 March 2024 2,000,000
At 31 March 2023 1,850,000

Fair value at 31 March 2024 is represented by:
£   
Valuation in 2021 376,221
Valuation in 2024 150,000
Cost 1,473,779
2,000,000

In the opinion of the directors the fair value of the investment properties as at 31 March 2024 is not significantly different to that stated above.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by connected companies 62,890 27,150
Other debtors 100 100
62,990 27,250

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed to connected companies 159,296 158,696
Tax 4,077 8,220
Directors' current accounts 43,188 14,388
Accrued expenses 6,801 14,021
213,362 195,325

EMPEROR RESIDENTIAL 1V LIMITED (REGISTERED NUMBER: 11321566)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans more 5 yr by instal 1,200,000 1,200,000

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 1,200,000 1,200,000

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 1,200,000 1,200,000

The bank loans are secured by a fixed and floating charge over the investment property of the company and a guarantee from the directors limited to the amount of £1,200,000 plus any related interest and costs. The bank loans are repayable over 10 years.

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the year end, the company owed £43,188 (2023: £14,388) to the director of the company.

10. RELATED PARTY DISCLOSURES

At the year end the company owed £159,296 (2023: £158,696) to Emperor Residential 111 Ltd, a company in which the director has beneficial interest. The amount owed is repayable on demand.

At the year end the company was owed £62,890 (2023: £27,150) by Sterling Rose Developments Ltd , a company in which the director has beneficial interest. The amount owed is repayable on demand.

11. ULTIMATE CONTROLLING PARTY

The directors are the ultimate controllers.