EZDAN 70 PARK STREET LIMITED

Company Registration Number:
10258382 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2024

Period of accounts

Start date: 1 January 2024

End date: 31 December 2024

EZDAN 70 PARK STREET LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

EZDAN 70 PARK STREET LIMITED

Directors' report period ended 31 December 2024

The directors present their report with the financial statements of the company for the period ended 31 December 2024

Principal activities of the company

These financial statements have been prepared 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 Company opted not to file the statement of the income and retained earnings in accordance with provisions applicable to companies subject to the small companies regime. These financial statements were approved by the Company’s management and were signed on their behalf by the following on 26 May 2025 Audit exemption statement 1- For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. 2-The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476. 3- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. 4- These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime.



Directors

The director shown below has held office during the whole of the period from
1 January 2024 to 31 December 2024

Tamer Fouad Mahmoud Abdelrehim


Secretary Tamer Fouad Mahmoud Abdelrehim

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
26 May 2025

And signed on behalf of the board by:
Name: Tamer Fouad Mahmoud Abdelrehim
Status: Secretary

EZDAN 70 PARK STREET LIMITED

Profit And Loss Account

for the Period Ended 31 December 2024

2024 2023


£

£
Administrative expenses: ( 117,773 ) ( 588,109 )
Operating profit(or loss): (117,773) (588,109)
Profit(or loss) before tax: (117,773) (588,109)
Profit(or loss) for the financial year: (117,773) (588,109)

EZDAN 70 PARK STREET LIMITED

Balance sheet

As at 31 December 2024

Notes 2024 2023


£

£
Fixed assets
Investments: 3 4,500,000 4,500,000
Total fixed assets: 4,500,000 4,500,000
Prepayments and accrued income: 2,055 1,928
Creditors: amounts falling due within one year: 4 ( 8,253,987 ) ( 8,136,087 )
Net current assets (liabilities): (8,251,932) (8,134,159)
Total assets less current liabilities: (3,751,932) ( 3,634,159)
Total net assets (liabilities): (3,751,932) (3,634,159)
Capital and reserves
Called up share capital: 1 1
Profit and loss account: (3,751,933 ) (3,634,160 )
Total Shareholders' funds: ( 3,751,932 ) (3,634,159)

The notes form part of these financial statements

EZDAN 70 PARK STREET LIMITED

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 26 May 2025
and signed on behalf of the board by:

Name: Tamer Fouad Mahmoud Abdelrehim
Status: Director

The notes form part of these financial statements

EZDAN 70 PARK STREET LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Valuation information and policy

    Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

    Other accounting policies

    - Debtors Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment. - Creditors Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method. - Creditors Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method. - Financial instruments The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares. Debt instruments (other than those wholly repayable or receivable within one year), including loans and other accounts receivable and payable, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method. Debt instruments that are payable or receivable within one year, typically trade debtors and creditors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms or in case of an out-right short-term loan that is not at market rate, the financial asset or liability is measured, initially at the present value of future cash flows discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost, unless it qualifies as a loan from a director in the case of a small company, or a public benefit entity concessionary loan. - Employees The average monthly number of employees, including directors, during the year was 1 (2018 - 1).

EZDAN 70 PARK STREET LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

EZDAN 70 PARK STREET LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Fixed assets investments note

-Investment property Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

EZDAN 70 PARK STREET LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Accruals and deferred income 14,160 10,574
Other creditors 8,239,827 8,125,513
Total 8,253,987 8,136,087