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REGISTERED NUMBER: 09998988 (England and Wales)











Unaudited Financial Statements for the Year Ended 31 March 2025

for

Eightfold Property Limited

Eightfold Property Limited (Registered number: 09998988)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Eightfold Property Limited

Company Information
for the Year Ended 31 March 2025







DIRECTORS: Mr J C Hawley
Mr D S Lyons





REGISTERED OFFICE: 35 Providence Place
Brighton
East Sussex
BN1 4GE





REGISTERED NUMBER: 09998988 (England and Wales)

Eightfold Property Limited (Registered number: 09998988)

Balance Sheet
31 March 2025

31.3.25 31.3.24
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 201,033 201,033
Tangible assets 5 14,798 505,973
215,831 707,006

CURRENT ASSETS
Debtors 6 35,969 23,530
Cash at bank 182,934 406,420
218,903 429,950
CREDITORS
Amounts falling due within one year 7 352,982 526,170
NET CURRENT LIABILITIES (134,079 ) (96,220 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

81,752

610,786

CREDITORS
Amounts falling due after more than one year 8 13,062 465,355
NET ASSETS 68,690 145,431

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 68,590 145,331
SHAREHOLDERS' FUNDS 68,690 145,431

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Eightfold Property Limited (Registered number: 09998988)

Balance Sheet - continued
31 March 2025


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 Board of Directors and authorised for issue on 16 June 2025 and were signed on its behalf by:





Mr J C Hawley - Director


Eightfold Property Limited (Registered number: 09998988)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

Eightfold Property 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Eightfold Property Limited (Registered number: 09998988)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2024 - 12 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2024
and 31 March 2025 201,033
NET BOOK VALUE
At 31 March 2025 201,033
At 31 March 2024 201,033

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 April 2024 501,273 17,717 518,990
Disposals (490,000 ) - (490,000 )
At 31 March 2025 11,273 17,717 28,990
DEPRECIATION
At 1 April 2024 - 13,017 13,017
Charge for year - 1,175 1,175
At 31 March 2025 - 14,192 14,192
NET BOOK VALUE
At 31 March 2025 11,273 3,525 14,798
At 31 March 2024 501,273 4,700 505,973

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade debtors (3,719 ) (1,837 )
Other debtors 39,688 25,367
35,969 23,530

Eightfold Property Limited (Registered number: 09998988)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade creditors 6,138 (4,877 )
Taxation and social security 35,611 78,514
Other creditors 311,233 452,533
352,982 526,170

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.25 31.3.24
£    £   
Bank loans 13,062 465,355

9. ULTIMATE CONTROLLING PARTY

The controlling party is Mr D S Lyons.