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REGISTERED NUMBER: 15003645 (England and Wales)













FINANCIAL STATEMENTS

FOR THE PERIOD 14 JULY 2023 TO 30 SEPTEMBER 2024

FOR

EAST STREET PROPERTY COMPANY LTD

EAST STREET PROPERTY COMPANY LTD (REGISTERED NUMBER: 15003645)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 14 JULY 2023 TO 30 SEPTEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


EAST STREET PROPERTY COMPANY LTD

COMPANY INFORMATION
FOR THE PERIOD 14 JULY 2023 TO 30 SEPTEMBER 2024







DIRECTORS: Mr S Narvidge
Mrs A M Narvidge



REGISTERED OFFICE: Hyde Dendy
18 Esplanade Road
Paignton
Devon
TQ4 6BD



REGISTERED NUMBER: 15003645 (England and Wales)



ACCOUNTANTS: Marsland Nash Associates
Chartered Tax Advisers, Accountants
and Business Consultants
Vantage Point House
Silverhills Road
Decoy Industrial Estate
Newton Abbot
Devon
TQ12 5ND



BANKERS: NatWest
48 Courtenay Street
Newton Abbot
Devon
TQ12 2EE

EAST STREET PROPERTY COMPANY LTD (REGISTERED NUMBER: 15003645)

BALANCE SHEET
30 SEPTEMBER 2024

Notes £    £   
FIXED ASSETS
Tangible assets 4 581,710

CURRENT ASSETS
Debtors 5 2,485
Cash at bank 207,520
210,005
CREDITORS
Amounts falling due within one year 6 507,088
NET CURRENT LIABILITIES (297,083 )
TOTAL ASSETS LESS CURRENT LIABILITIES 284,627

CREDITORS
Amounts falling due after more than one
year

7

322,965
NET LIABILITIES (38,338 )

CAPITAL AND RESERVES
Called up share capital 2
Retained earnings (38,340 )
(38,338 )

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

The members have not required the company to obtain an audit of its financial statements for the period ended 30 September 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 March 2025 and were signed on its behalf by:



Mr S Narvidge - Director


EAST STREET PROPERTY COMPANY LTD (REGISTERED NUMBER: 15003645)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 14 JULY 2023 TO 30 SEPTEMBER 2024


1. STATUTORY INFORMATION

East Street Property Company Ltd 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 period 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.

Going concern
The company meets it's day to day requirements through a loan provided by another company owned by Mr and Mrs Narvidge, Directors. This company will continue to support the company in this way until such time profits are made.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

EAST STREET PROPERTY COMPANY LTD (REGISTERED NUMBER: 15003645)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 14 JULY 2023 TO 30 SEPTEMBER 2024


4. TANGIBLE FIXED ASSETS
Freehold
property
£   
COST
Additions 581,710
At 30 September 2024 581,710
NET BOOK VALUE
At 30 September 2024 581,710

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Prepayments 2,485

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Bank loans and overdrafts 19,576
Amounts owed to associates 479,826
VAT 966
Directors' current accounts 4,998
Accrued expenses 1,722
507,088

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
£   
Bank loans - 2-5 years 82,919
Bank loans more 5 yr by instal 240,046
322,965

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 240,046

8. SECURED DEBTS

The following secured debts are included within creditors:

£   
Bank loans 342,541

EAST STREET PROPERTY COMPANY LTD (REGISTERED NUMBER: 15003645)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 14 JULY 2023 TO 30 SEPTEMBER 2024


9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the period ended 30 September 2024:

£   
Mr S Narvidge and Mrs A M Narvidge
Balance outstanding at start of period -
Amounts advanced 2
Amounts repaid (5,000 )
Amounts written off -
Amounts waived -
Balance outstanding at end of period (4,998 )

Loand are unsecured, interest free and repayable on demand.

10. RELATED PARTY DISCLOSURES

During the period the company borrowed £479,826 from East Street Pub Company Ltd, a company Mr & Mrs Narvidge, Directors, are also Directors of. The amount owing to East Street Pub Company Ltd at the period end was £479,826.