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REGISTERED NUMBER: 10707076 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

FOR

19 ESTATES LIMITED

19 ESTATES LIMITED (REGISTERED NUMBER: 10707076)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 30 April 2025




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


19 ESTATES LIMITED

COMPANY INFORMATION
for the year ended 30 April 2025







DIRECTORS: Mrs K Gee
Mr F E Gee





REGISTERED OFFICE: Forest Trading Park
Forest Road
Hainault
Ilford
Essex
IG6 3HL





REGISTERED NUMBER: 10707076 (England and Wales)





ACCOUNTANTS: Raffingers Holdings Limited
Chartered Accountants
19-20 Bourne Court
Southend Road
Woodford Green
Essex
IG8 8HD

19 ESTATES LIMITED (REGISTERED NUMBER: 10707076)

ABRIDGED BALANCE SHEET
30 April 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Investments 4 1,120,353 420,353
Investment property 5 2,740,530 2,514,818
3,860,883 2,935,171

CURRENT ASSETS
Debtors 12,380 6,965
Cash at bank and in hand 84,174 63,360
96,554 70,325
CREDITORS
Amounts falling due within one year 2,186,053 1,235,388
NET CURRENT LIABILITIES (2,089,499 ) (1,165,063 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,771,384

1,770,108

CREDITORS
Amounts falling due after more than one
year

6

(131,965

)

(256,862

)

PROVISIONS FOR LIABILITIES (54,549 ) (54,549 )
NET ASSETS 1,584,870 1,458,697

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 163,647 163,647
Retained earnings 1,421,123 1,294,950
SHAREHOLDERS' FUNDS 1,584,870 1,458,697

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

19 ESTATES LIMITED (REGISTERED NUMBER: 10707076)

ABRIDGED BALANCE SHEET - continued
30 April 2025


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

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 30 April 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 19 June 2025 and were signed on its behalf by:





Mr F E Gee - Director


19 ESTATES LIMITED (REGISTERED NUMBER: 10707076)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 30 April 2025

1. STATUTORY INFORMATION

19 Estates 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 (£).


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 represents property sales and net invoiced rents and commission receivable, excluding value added tax.

Investment property
Investment properties are properties held to earn rentals and for capital appreciation. Investment properties are initially measured at cost, including transaction costs. Subsequently investment properties are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise.

Other investments
Other investments are initially recognised at fair value which is normally the transaction price. Subsequently, they are measured at fair value through profit and loss.

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.

Short term debtors and creditors
Short term debtors and creditors with no stated interest rate are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account.

Loans and borrowings
Loans and borrowings are initially recognised at the transaction price including transactions costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment.

19 ESTATES LIMITED (REGISTERED NUMBER: 10707076)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 April 2025

3. EMPLOYEES AND DIRECTORS

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

4. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST
At 1 May 2024 420,353
Additions 700,000
At 30 April 2025 1,120,353
NET BOOK VALUE
At 30 April 2025 1,120,353
At 30 April 2024 420,353

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 May 2024 2,514,818
Additions 225,712
At 30 April 2025 2,740,530
NET BOOK VALUE
At 30 April 2025 2,740,530
At 30 April 2024 2,514,818

Investment property was valued on open market basis on 30 April 2025 by the directors.

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE
YEARS
2025 2024
£    £   
Repayable otherwise than by instalments
Bank loans 131,965 256,862

7. SECURED DEBTS

The following secured debts are included within creditors:

2025 2024
£    £   
Bank loans 131,965 256,862

The bank loan is secured against the company's property.

19 ESTATES LIMITED (REGISTERED NUMBER: 10707076)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 April 2025

8. RELATED PARTY DISCLOSURES

At the balance sheet date, the company owed the directors, Mr F E Gee and Mrs K Gee, £1,960,044 (2024: £1,120,347).

At the balance sheet date, the company owed £146,257 (2024: £76,257) to Millbray Contracts Ltd and £5,825 (2024: 5,700) to Millbray Pallets Ltd, both companies under common control.