Company Registration No. 13011263 (England and Wales)
Estateville Ltd
Unaudited accounts
for the year ended 30 November 2024
Estateville Ltd
Unaudited accounts
Contents
Estateville Ltd
Company Information
for the year ended 30 November 2024
Director
Nikolaos Zafeiropolous
Company Number
13011263 (England and Wales)
Registered Office
76 Balls Pond Road
London
N1 4AJ
England
Accountants
Solid Ltd
Eagle House
163 City Road
London
EC1V 1NR
Estateville Ltd
Statement of financial position
as at 30 November 2024
Investment property
2,000,000
2,000,000
Cash at bank and in hand
17,716
245
Creditors: amounts falling due within one year
(159,024)
(123,837)
Net current liabilities
(141,308)
(123,592)
Total assets less current liabilities
1,861,453
1,876,408
Creditors: amounts falling due after more than one year
(1,035,565)
(897,000)
Net assets
825,888
979,408
Called up share capital
1
1
Profit and loss account
825,887
979,407
Shareholders' funds
825,888
979,408
For the year ending 30 November 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 11 June 2025 and were signed on its behalf by
Nikolaos Zafeiropolous
Director
Company Registration No. 13011263
Estateville Ltd
Notes to the Accounts
for the year ended 30 November 2024
Estateville Ltd is a private company, limited by shares, registered in England and Wales, registration number 13011263. The registered office is 76 Balls Pond Road, London, N1 4AJ, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
Depreciated over 5 years
Estateville Ltd
Notes to the Accounts
for the year ended 30 November 2024
4
Tangible fixed assets
Plant & machinery
Fair value at 1 December 2023
2,000,000
At 30 November 2024
2,000,000
Property: 84 Glenarm Rd, Lower Clapton, London, E5 0LZ
Director did not undertake a valuation of the property at the above address. A full valuation is expected to be carried out in 2025.
6
Creditors: amounts falling due within one year
2024
2023
Amounts owed to group undertakings and other participating interests
157,615
122,325
Loans from directors
624
312
7
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
1,035,565
897,000
8
Transactions with related parties
London Luxury Developments Ltd (Co. No. 09831692)
Company is controlled by Mr Nikolaos Zafeiropoulos.
Amount outstanding owed by Estateville Ltd at the year end was £28,480 (2023: £2,280)
Resi Local Ltd (Co. No. 12759837)
Company is controlled by Mr Nikolaos Zafeiropoulos.
Amount outstanding owed by Estateville Ltd at the year end was £129,135 (2023: £120,045)
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).