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REGISTERED NUMBER: 11713930 (England and Wales)















Report of the Directors and

Unaudited Financial Statements for the Year Ended 31 December 2024

for

E B Properties (UK) Limited

E B Properties (UK) Limited (Registered number: 11713930)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Report of the Directors 2

Income Statement 3

Balance Sheet 4

Statement of Changes in Equity 6

Notes to the Financial Statements 7


E B Properties (UK) Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: N E Bradstreet
J E J Bradstreet
C E Bradstreet





REGISTERED OFFICE: Office 25 Greenbox
Westonhall Road
Stoke Prior
Bromsgrove
Worcestershire
B60 4AL





REGISTERED NUMBER: 11713930 (England and Wales)





ACCOUNTANTS: Curo Chartered Accountants
Curo House
Greenbox
Westonhall Road
Bromsgrove
Worcestershire
B60 4AL

E B Properties (UK) Limited (Registered number: 11713930)

Report of the Directors
for the Year Ended 31 December 2024

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

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of a property holding company.

DIRECTORS
The directors shown below have held office during the whole of the period from 1 January 2024 to the date of this report.

N E Bradstreet
J E J Bradstreet
C E Bradstreet

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





N E Bradstreet - Director


12 June 2025

E B Properties (UK) Limited (Registered number: 11713930)

Income Statement
for the Year Ended 31 December 2024

2024 2023
Notes £    £    £    £   

TURNOVER - -

Administrative expenses 71,786 37,262
(71,786 ) (37,262 )

Other operating income 204,992 251,951
OPERATING PROFIT 4 133,206 214,689

Income from shares in group undertakings 62,020 32,050
Interest receivable and similar income 17,887 1,390
79,907 33,440
213,113 248,129
Gain/loss on revaluation of investment
property

(75,000

)

20,842
PROFIT BEFORE TAXATION 138,113 268,971

Tax on profit 52,445 44,178
PROFIT FOR THE FINANCIAL YEAR 85,668 224,793

E B Properties (UK) Limited (Registered number: 11713930)

Balance Sheet
31 December 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 2,023 894
Investment property 6 5,580,284 5,488,284
5,582,307 5,489,178

CURRENT ASSETS
Debtors 7 57,206 72,625
Cash at bank 438,886 429,758
496,092 502,383
CREDITORS
Amounts falling due within one year 8 3,824,833 3,799,001
NET CURRENT LIABILITIES (3,328,741 ) (3,296,618 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,253,566

2,192,560

PROVISIONS FOR LIABILITIES 482,327 506,989
NET ASSETS 1,771,239 1,685,571

CAPITAL AND RESERVES
Called up share capital 130 130
Share premium 9 92,370 92,370
Retained earnings 9 1,678,739 1,593,071
1,771,239 1,685,571

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 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.

E B Properties (UK) Limited (Registered number: 11713930)

Balance Sheet - continued
31 December 2024


The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 12 June 2025 and were signed on its behalf by:





N E Bradstreet - Director


E B Properties (UK) Limited (Registered number: 11713930)

Statement of Changes in Equity
for the Year Ended 31 December 2024

Called up
share Retained Share Total
capital earnings premium equity
£    £    £    £   
Balance at 1 January 2023 130 1,368,278 92,370 1,460,778

Changes in equity
Total comprehensive income - 224,793 - 224,793
Balance at 31 December 2023 130 1,593,071 92,370 1,685,571

Changes in equity
Total comprehensive income - 85,668 - 85,668
Balance at 31 December 2024 130 1,678,739 92,370 1,771,239

E B Properties (UK) Limited (Registered number: 11713930)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

E B Properties (UK) 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.

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


The financial statements are rounded to the nearest £1.

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.

Going concern
The financial statements have been prepared on the going concern basis on the grounds that the directors believe that there is sufficient funding in place to support the business for the next twelve months from the date of approval of the financial statements.

Tangible fixed assets
Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses.

The company assesses at each reporting date whether tangible fixed assets are impaired.

Depreciation is charged to the profit and loss account over the estimated useful lives of each part of an item of tangible fixed assets. Land is not depreciated. The estimated useful lives are as follows:

Office equipment - 25% on reducing balance

Depreciation methods, useful lives and residual values are reviewed if there is an indication of a significant change since last annual reporting date in the pattern by which the company expects to consume an asset's future economic benefits.

Investments in subsidiaries
Investments in undertakings in which the company has a participating interest are carried at cost less impairment.

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.


E B Properties (UK) Limited (Registered number: 11713930)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

2. ACCOUNTING POLICIES - continued
Taxation
Tax on the profit or loss for the year comprises current and deferred tax. Tax is recognised in the profit and loss account except to the extent that it relates to items recognised directly in equity or other comprehensive income, in which case it is recognised directly in equity or other comprehensive income.

Current tax is the expected tax payable or receivable on the taxable income or loss for the year, using tax rates enacted or substantively enacted at the balance sheet date, and any adjustment to tax payable in respect of previous years.

Deferred tax is provided on timing differences which arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in the financial statements. The following timing differences are not provided for; differences between accumulated depreciation and tax allowances for the cost of a fixed asset if and when all conditions for retaining the tax allowances have been met; and differences relating to investments to the extent that it is not probable that they will reverse in the foreseeable future and the reporting entity is able to control the reversal of the timing difference. Deferred tax is not recognised on permanent differences arising because certain types of income or expense are non-taxable or are disallowable for tax or because certain tax charges or allowances are greater or smaller than the corresponding income or expense.

Deferred tax is measured at the tax rate that is expected to apply to the reversal of the related difference, using tax rates enacted or substantively enacted at the balance sheet. Deferred tax balances are not discounted.

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.

Turnover
Income is recognised when the risks and rewards associated with the income type are transferred to the company.

Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price, including any transaction costs, and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

E B Properties (UK) Limited (Registered number: 11713930)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

2. ACCOUNTING POLICIES - continued

Financial instruments
The Company only enters into basic financial instruments 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 non-puttable 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 financed at a rate of interest that is not a market rate or in case of an out-right short-term loan not at market rate, the financial asset or liability is measured, initially, at the present value of the future cash flow discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Comprehensive Income.

For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of established cash flows discounted at the asset's original effective interest rate. If a financial asset has a variable interest rate, the discount rate for measuring any impairment loss is the current effective interest rate determined under the contract.

Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Provisions and contingencies
Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.

Provisions are charged as an expense to the Statement of Comprehensive Income in the year that the Company becomes aware of the obligation, and are measured at the best estimate at the Balance Sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties. When payments are eventually made, they are charged to the provision carried in the Balance Sheet.

Contingent liabilities are recognised as a provision when the likelihood of economic outflow is assessed as probable. Contingent liabilities arise as a result of past events when (i) it is not probable that there will be an outflow of resources or that the amount cannot be reliably measured at the reporting date or (ii) when the existence will be confirmed by the occurrence or non-occurrence of uncertain future events not wholly within the company's control. Contingent liabilities are not recognised as a provision but are instead disclosed in the financial statements when the likelihood of economic settlement is deemed possible and not probable. Contingent liabilities are not recognised as a disclosure when the probability of an outflow of resources is remote.

3. EMPLOYEES AND DIRECTORS

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

E B Properties (UK) Limited (Registered number: 11713930)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

4. OPERATING PROFIT

The operating profit is stated after charging:

2024 2023
£    £   
Depreciation - owned assets 3,431 298

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2024 3,477
Additions 4,560
At 31 December 2024 8,037
DEPRECIATION
At 1 January 2024 2,583
Charge for year 3,431
At 31 December 2024 6,014
NET BOOK VALUE
At 31 December 2024 2,023
At 31 December 2023 894

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2024 5,488,284
Additions 192,000
Revaluations (100,000 )
At 31 December 2024 5,580,284
NET BOOK VALUE
At 31 December 2024 5,580,284
At 31 December 2023 5,488,284

Fair value at 31 December 2024 is represented by:
£   
Valuation in 2021 1,917,147
Valuation in 2023 48,320
Valuation in 2024 (100,000 )
Cost 3,714,817
5,580,284

E B Properties (UK) Limited (Registered number: 11713930)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

6. INVESTMENT PROPERTY - continued

If investment properties had not been revalued they would have been included at the following historical cost:

2024 2023
£    £   
Cost 3,714,817 3,522,817

Investment properties were valued on an open market basis on 31 December 2024 by the directors .

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 54,750 67,047
Amounts owed by group undertakings - 5,278
Other debtors 2,456 300
57,206 72,625

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 120 2,535
Tax 52,107 44,252
VAT 3,625 2,895
Other creditors 11,159 30,089
Directors' current accounts 3,728,049 3,716,553
Accruals and deferred income 29,773 2,677
3,824,833 3,799,001

9. RESERVES

Retained earnings comprise:
20242023
££

Distributable profits319,398134,369
Non distributable profits1,458,7021,458,702
1,778,1001,593,071

The non distributable profits represent unrealised gains on investment properties.