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REGISTERED NUMBER: 12363810 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

28EAST LIMITED

28EAST LIMITED (REGISTERED NUMBER: 12363810)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


28EAST LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTOR: Mr M Van Der Merwe





REGISTERED OFFICE: Ground Floor Marlborough House,
298 Regents Park Road
London
N3 2SZ





REGISTERED NUMBER: 12363810 (England and Wales)





ACCOUNTANTS: Fusion Accountancy Limited
Marlborough House
298 Regents Park Road
London
N3 2SZ

28EAST LIMITED (REGISTERED NUMBER: 12363810)

BALANCE SHEET
31 DECEMBER 2024

31.12.24 31.12.23
Notes £    £   
CURRENT ASSETS
Debtors 4 12,258 7,667
Cash at bank 25,545 20,681
37,803 28,348
CREDITORS
Amounts falling due within one year 5 47,176 31,671
NET CURRENT LIABILITIES (9,373 ) (3,323 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(9,373

)

(3,323

)

CAPITAL AND RESERVES
Called up share capital 6 120,000 120,000
Retained earnings 7 (129,373 ) (123,323 )
SHAREHOLDERS' FUNDS (9,373 ) (3,323 )

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.

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 18 June 2025 and were signed by:





Mr M Van Der Merwe - Director


28EAST LIMITED (REGISTERED NUMBER: 12363810)

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

1. STATUTORY INFORMATION

28east 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.

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.

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

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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Going concern disclosure
The directors have formed a judgement at the time of approving the Annual Financial Statements, that there is a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. For this reason the directors have adopted the going concern basis in preparing the accounts.

3. EMPLOYEES AND DIRECTORS

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

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 12,109 7,561
VAT 149 106
12,258 7,667

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade creditors 300 13,732
Corporation tax (2,858 ) (2,858 )
Director's current account 49,734 20,797
47,176 31,671

28EAST LIMITED (REGISTERED NUMBER: 12363810)

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

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.24 31.12.23
value: £    £   
120,000 Ordinary 1 120,000 120,000

7. RESERVES
Retained
earnings
£   

At 1 January 2024 (123,323 )
Deficit for the year (6,050 )
At 31 December 2024 (129,373 )

8. RELATED PARTY DISCLOSURES

At the balance sheet date, included within creditors due within one year, is an amount of £49,734 (2023: £20,797) owed to the director. This loan is interest free, of no fixed term and repayable on demand.

The company is controlled by M Van Der Merwe.

9. TAXATION

At the year end, the company has carried forward losses of £122,195 (2023: £116,145) which it can utilise against future taxable profits.