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REGISTERED NUMBER: 11488078 (England and Wales)














EDEN PROP MANAGEMENT (UK) LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024






EDEN PROP MANAGEMENT (UK) LIMITED (REGISTERED NUMBER: 11488078)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 July 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


EDEN PROP MANAGEMENT (UK) LIMITED

COMPANY INFORMATION
for the Year Ended 31 July 2024







DIRECTOR: M S Akhtar





REGISTERED OFFICE: 5 Imperial Court
Laporte Way
Luton
Bedfordshire
LU4 8FE





REGISTERED NUMBER: 11488078 (England and Wales)





ACCOUNTANTS: Miller & Co
Chartered Accountants
5 Imperial Court
Laporte Way
Luton
Bedfordshire
LU4 8FE

EDEN PROP MANAGEMENT (UK) LIMITED (REGISTERED NUMBER: 11488078)

STATEMENT OF FINANCIAL POSITION
31 July 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Investment property 5 865,000 865,000

CURRENT ASSETS
Cash at bank 794 3,858

CREDITORS
Amounts falling due within one year 6 202,769 195,530
NET CURRENT LIABILITIES (201,975 ) (191,672 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

663,025

673,328

CREDITORS
Amounts falling due after more than one
year

7

(667,459

)

(674,716

)

PROVISIONS FOR LIABILITIES (16,408 ) (16,408 )
NET LIABILITIES (20,842 ) (17,796 )

CAPITAL AND RESERVES
Called up, paid and allotted share capital 100 100
Retained earnings (20,942 ) (17,896 )
SHAREHOLDERS' FUNDS (20,842 ) (17,796 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

EDEN PROP MANAGEMENT (UK) LIMITED (REGISTERED NUMBER: 11488078)

STATEMENT OF FINANCIAL POSITION - continued
31 July 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 April 2025 and were signed by:





A Akhtar - Director


EDEN PROP MANAGEMENT (UK) LIMITED (REGISTERED NUMBER: 11488078)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 July 2024

1. STATUTORY INFORMATION

Eden Prop Management (UK) 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.

The presentation currency of the financial statements is the Pound Sterling, rounded to the nearest pound.

2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

The accounts have been prepared on the going concern basis which is considered appropriate by the director as it will continue to be supported by directors loans.

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
Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements. 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.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date that are expected to apply to the reversal of timing differences. Deferred tax on revalued non-depreciable tangible fixed assets and investment properties is measured using the rates and allowances that apply to the sale of the asset.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

EDEN PROP MANAGEMENT (UK) LIMITED (REGISTERED NUMBER: 11488078)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 July 2024

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 August 2023
and 31 July 2024 865,000
NET BOOK VALUE
At 31 July 2024 865,000
At 31 July 2023 865,000

Fair value at 31 July 2024 is represented by:
£   
Valuation in 2019 10,636
Valuation in 2020 35,864
Valuation in 2021 28,988
Valuation in 2022 10,871
Cost 778,641
865,000

If investment property had not been revalued it would have been included at the following historical cost:

2024 2023
£    £   
Cost 778,641 778,641

Investment property was valued on an open market basis on 31 July 2024 by the director .

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 9,807 6,625
Other creditors 192,962 188,905
202,769 195,530

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 667,459 674,716

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 631,020 631,652

Repayable by instalments
Bank loans more 5 yr by instal 9,938 16,563

EDEN PROP MANAGEMENT (UK) LIMITED (REGISTERED NUMBER: 11488078)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 July 2024

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 677,266 681,341

9. RELATED PARTY DISCLOSURES

The director & shareholders operate a loan account with the company. During the year £2,151 was repaid to them. At the year end, they were owed £127,692.