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Company Registration No. 15004779 (England and Wales)
EP REAL ESTATES LTD Unaudited accounts for the period from 14 July 2023 to 31 July 2024
EP REAL ESTATES LTD Unaudited accounts Contents
Page
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EP REAL ESTATES LTD Company Information for the period from 14 July 2023 to 31 July 2024
Directors
Jiven Kiran MANKU Sarbjeet Singh MANKU
Company Number
15004779 (England and Wales)
Registered Office
BARKAT HOUSE, SUITE 9 116-118 FINCHLEY ROAD LONDON NW3 5HT ENGLAND
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EP REAL ESTATES LTD Statement of financial position as at 31 July 2024
2024 
Notes
£ 
Fixed assets
Tangible assets
288,898 
Creditors: amounts falling due within one year
(750)
Net current liabilities
(750)
Total assets less current liabilities
288,148 
Creditors: amounts falling due after more than one year
(288,798)
Net liabilities
(650)
Capital and reserves
Called up share capital
100 
Profit and loss account
(750)
Shareholders' funds
(650)
For the period ending 31 July 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 directors acknowledge their 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 of Directors and authorised for issue on 21 March 2025 and were signed on its behalf by
Jiven Kiran MANKU Director Company Registration No. 15004779
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EP REAL ESTATES LTD Notes to the Accounts for the period from 14 July 2023 to 31 July 2024
1
Statutory information
EP REAL ESTATES LTD is a private company, limited by shares, registered in England and Wales, registration number 15004779. The registered office is BARKAT HOUSE, SUITE 9, 116-118 FINCHLEY ROAD, LONDON, NW3 5HT, ENGLAND.
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
These financial statements for the period from 14 July 2023 to 31 July 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 14 July 2023. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives: Depreciation Policy and Current Year Treatment Although buildings are normally depreciated over their expected useful lives, no depreciation has been charged in the current year in respect of the buildings. This is because the property is currently undergoing (or requires) significant refurbishment, and the directors consider that the current condition does not allow a reliable estimate of the building's useful economic life until the refurbishment is completed.
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 14 July 2023
- 
Additions
288,898 
At 31 July 2024
288,898 
Depreciation
At 31 July 2024
- 
Net book value
At 31 July 2024
288,898 
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EP REAL ESTATES LTD Notes to the Accounts for the period from 14 July 2023 to 31 July 2024
5
Creditors: amounts falling due within one year
2024 
£ 
Accruals
750 
6
Creditors: amounts falling due after more than one year
2024 
£ 
Loans from directors
288,798 
7
Loans to directors
Funding of Land and Buildings: The cost of land and buildings includes an amount of £288,798.00 funded by loans from the directors. These loans are unsecured, interest-free, and repayable on demand. The total amount owed to directors at the year-end was £288,798, which is included within creditors: amounts falling due after more than one year.
8
Average number of employees
During the period the average number of employees was 0.
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