EASTBOURNE HOUSE STUDIOS LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2025
Eastbourne House Studios Ltd ("the company") is a private company, limited by shares, incorporated in England and Wales with registration number of 11978707. The registered office is Eighth Floor 6 New Street Square, New Fetter Lane, London, EC4A 3AQ.
The company was formed to act as nominee in relation to property and related transactions undertaken on behalf of its principals, as represented by the three directors. The company has consequently been dormant throughout the year and has not entered into any transactions that would be required to be reflected in the Profit and Loss Account or Statement of Changes in Equity of the company. Accordingly, no Profit and Loss Account or Statement of Changes in Equity are presented.
The company owns legal title to the freehold of a property on behalf of the principals secured by legal charge and personal guarantees in favour of Coutts Bank plc. Neither position is presented in the Balance Sheet due to the nominee arrangements.
2.Accounting policies
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Basis of preparation of financial statements
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The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The following principal accounting policies have been applied:
Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
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The average monthly number of employees, including directors, during the year was 3 (2024 - 3).
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Called up share capital not paid
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