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REGISTERED NUMBER: 11122005 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

Eclipse Property Group Ltd

Eclipse Property Group Ltd (Registered number: 11122005)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Eclipse Property Group Ltd

Company Information
for the Year Ended 31 December 2024







DIRECTOR: A Bates





REGISTERED OFFICE: Rocrisar
Tut Hill
Fornham All Saints
Bury St Edmunds
Suffolk
IP28 6LD





REGISTERED NUMBER: 11122005 (England and Wales)





ACCOUNTANTS: Malcolm Jones & Co LLP
Accountants and Business Advisors
West Hill House
Allerton Hill
Chapel Allerton
Leeds
LS7 3QB

Eclipse Property Group Ltd (Registered number: 11122005)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 1,120 1,401
Investment property 5 795,000 1,030,000
796,120 1,031,401

CURRENT ASSETS
Debtors 6 639 548
Cash at bank 106,949 22,461
107,588 23,009
CREDITORS
Amounts falling due within one year 7 12,454 11,464
NET CURRENT ASSETS 95,134 11,545
TOTAL ASSETS LESS CURRENT
LIABILITIES

891,254

1,042,946

CREDITORS
Amounts falling due after more than one
year

8

(612,584

)

(788,952

)

PROVISIONS FOR LIABILITIES 10 (23,297 ) (25,738 )
NET ASSETS 255,373 228,256

CAPITAL AND RESERVES
Called up share capital 100 100
Other reserves 99,317 109,724
Retained earnings 155,956 118,432
255,373 228,256

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

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

Eclipse Property Group Ltd (Registered number: 11122005)

Balance Sheet - continued
31 December 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 7 May 2025 and were signed by:





A Bates - Director


Eclipse Property Group Ltd (Registered number: 11122005)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Eclipse Property Group 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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery etc - 20% on reducing balance and 20% on cost

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 Income Statement, 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 1 (2023 - 1 ) .

Eclipse Property Group Ltd (Registered number: 11122005)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2024
and 31 December 2024 3,708
DEPRECIATION
At 1 January 2024 2,307
Charge for year 281
At 31 December 2024 2,588
NET BOOK VALUE
At 31 December 2024 1,120
At 31 December 2023 1,401

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2024 1,030,000
Disposals (235,000 )
At 31 December 2024 795,000
NET BOOK VALUE
At 31 December 2024 795,000
At 31 December 2023 1,030,000

Fair value at 31 December 2024 is represented by:
£   
Valuation in 2018 62,904
Valuation in 2019 12,850
Valuation in 2020 23,421
Valuation in 2021 36,287
Cost 659,538
795,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Other debtors 639 548

Eclipse Property Group Ltd (Registered number: 11122005)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Taxation and social security 8,013 682
Other creditors 4,441 10,782
12,454 11,464

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.24 31.12.23
£    £   
Bank loans 612,584 788,952

Amounts falling due in more than five years:

Repayable by instalments
Mortgage 612,584 788,952

9. SECURED DEBTS

The following secured debts are included within creditors:

31.12.24 31.12.23
£    £   
Mortgage 612,584 788,952

The mortgages are secured over the investment properties held by the company.

10. PROVISIONS FOR LIABILITIES
31.12.24 31.12.23
£    £   
Deferred tax 23,297 25,738

Deferred
tax
£   
Balance at 1 January 2024 25,738
Utilised during year (2,441 )
Balance at 31 December 2024 23,297