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REGISTERED NUMBER: 13412201 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2024

FOR

ESTATE TRADING LTD

ESTATE TRADING LTD (REGISTERED NUMBER: 13412201)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ESTATE TRADING LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2024







DIRECTOR: I Stern





REGISTERED OFFICE: 54 Portland Avenue
London
N16 6EA





REGISTERED NUMBER: 13412201 (England and Wales)





ACCOUNTANTS: Venitt and Greaves
Chartered Accountants
115 Craven Park Road
South Tottenham
London
N15 6BL

ESTATE TRADING LTD (REGISTERED NUMBER: 13412201)

BALANCE SHEET
31 MAY 2024

31.5.24 31.5.23
Notes £    £   
FIXED ASSETS
Investment property 4 695,865 695,865

CURRENT ASSETS
Debtors 5 42,045 17,545
Cash at bank 3,505 2,011
45,550 19,556
CREDITORS
Amounts falling due within one year 6 (29,339 ) (354,210 )
NET CURRENT ASSETS/(LIABILITIES) 16,211 (334,654 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

712,076

361,211

CREDITORS
Amounts falling due after more than one
year

7

(621,197

)

(247,406

)

PROVISIONS FOR LIABILITIES (21,513 ) (21,513 )
NET ASSETS 69,366 92,292

CAPITAL AND RESERVES
Called up share capital 10 1 1
Fair value reserve 11 113,225 113,225
Retained earnings 11 (43,860 ) (20,934 )
SHAREHOLDERS' FUNDS 69,366 92,292

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

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

ESTATE TRADING LTD (REGISTERED NUMBER: 13412201)

BALANCE SHEET - continued
31 MAY 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 29 May 2025 and were signed by:





I Stern - Director


ESTATE TRADING LTD (REGISTERED NUMBER: 13412201)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

1. STATUTORY INFORMATION

Estate Trading 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 represents net rent receivable, excluding value added tax.

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.

3. EMPLOYEES AND DIRECTORS

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

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 June 2023
and 31 May 2024 695,865
NET BOOK VALUE
At 31 May 2024 695,865
At 31 May 2023 695,865

Fair value at 31 May 2024 is represented by:
£   
Valuation in 2022 113,225
Cost 582,640
695,865

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Other debtors 42,045 17,545

ESTATE TRADING LTD (REGISTERED NUMBER: 13412201)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Bank loans and overdrafts (see note 8) - 325,000
Taxation and social security 1,647 4,199
Other creditors 27,692 25,011
29,339 354,210

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.5.24 31.5.23
£    £   
Bank loans (see note 8) 621,197 247,406

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 621,197 247,406

8. LOANS

An analysis of the maturity of loans is given below:

31.5.24 31.5.23
£    £   
Amounts falling due within one year or on demand:
Bank loans - 325,000

Amounts falling due in more than five years:
Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 621,197 247,406

9. SECURED DEBTS

The following secured debts are included within creditors:

31.5.24 31.5.23
£    £   
Bank loans 621,197 572,406

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.5.24 31.5.23
value: £    £   
1 Ordinary £1 1 1

ESTATE TRADING LTD (REGISTERED NUMBER: 13412201)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024

11. RESERVES
Fair
Retained value
earnings reserve Totals
£    £    £   

At 1 June 2023 (20,934 ) 113,225 92,291
Deficit for the year (22,926 ) (22,926 )
At 31 May 2024 (43,860 ) 113,225 69,365

12. RELATED PARTY DISCLOSURES

Other Debtors (Note 7) relates to amounts due from companies connected to the director and his family members. The loans are interest free and repayable on demand.

Other Creditors (Note 8) relates to amounts due to companies connected to the director and his family members. The loans are interest free and payable on demand.

13. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is I Stern.