Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-312024-01-01falseNo description of principal activity11truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 10519327 2024-01-01 2024-12-31 10519327 2023-01-01 2023-12-31 10519327 2024-12-31 10519327 2023-12-31 10519327 c:Director2 2024-01-01 2024-12-31 10519327 d:FreeholdInvestmentProperty 2024-01-01 2024-12-31 10519327 d:FreeholdInvestmentProperty 2024-12-31 10519327 d:FreeholdInvestmentProperty 2023-12-31 10519327 d:FreeholdInvestmentProperty 2 2024-01-01 2024-12-31 10519327 d:CurrentFinancialInstruments 2024-12-31 10519327 d:CurrentFinancialInstruments 2023-12-31 10519327 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 10519327 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 10519327 d:ShareCapital 2024-12-31 10519327 d:ShareCapital 2023-12-31 10519327 d:SharePremium 2024-12-31 10519327 d:SharePremium 2023-12-31 10519327 d:RevaluationReserve 2024-12-31 10519327 d:RevaluationReserve 2023-12-31 10519327 d:RetainedEarningsAccumulatedLosses 2024-12-31 10519327 d:RetainedEarningsAccumulatedLosses 2023-12-31 10519327 c:OrdinaryShareClass1 2024-01-01 2024-12-31 10519327 c:OrdinaryShareClass1 2024-12-31 10519327 c:OrdinaryShareClass1 2023-12-31 10519327 c:OrdinaryShareClass2 2024-01-01 2024-12-31 10519327 c:OrdinaryShareClass2 2024-12-31 10519327 c:OrdinaryShareClass2 2023-12-31 10519327 c:FRS102 2024-01-01 2024-12-31 10519327 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 10519327 c:FullAccounts 2024-01-01 2024-12-31 10519327 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 10519327 2 2024-01-01 2024-12-31 10519327 f:PoundSterling 2024-01-01 2024-12-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 10519327









REAL ESTATE EAST LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

 
REAL ESTATE EAST LIMITED
REGISTERED NUMBER: 10519327

BALANCE SHEET
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Investment property
 4 
7,452,909
7,529,759

Current assets
  

Debtors: amounts falling due within one year
 5 
2,406,111
2,031,816

Cash at bank and in hand
  
6,792
9,175

  
2,412,903
2,040,991

Creditors: amounts falling due within one year
 6 
(175,662)
(164,342)

Net current assets
  
 
 
2,237,241
 
 
1,876,649

Net assets
  
9,690,150
9,406,408


Capital and reserves
  

Called up share capital 
 7 
2,041
2,041

Share premium account
  
11,705,845
11,705,845

Revaluation reserve
  
6,500
26,100

Profit and loss account
  
(2,024,236)
(2,327,578)

  
9,690,150
9,406,408


The Director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The Director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

Page 1

 
REAL ESTATE EAST LIMITED
REGISTERED NUMBER: 10519327
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2024

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 11 July 2025.



Alka Arora
Director

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
REAL ESTATE EAST LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1.


General information

Real Estate East Limited ("the Company") is a private company limited by shares and it is incorporated in England and Wales. The company's principal activity is the rental of investment property. The address of its registered office is 12 Green Street, Forest Gate, London, E7 8BZ.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rental Income
Rental income is recognised in the period in which the property is occupied by the tenants. 

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.


 
2.5

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 the Statement of comprehensive income.

 
2.6

Debtors

Short term debtors are measured at transaction price, less any impairment.

Page 3

 
REAL ESTATE EAST LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

 
2.8

Creditors

Short term creditors are measured at the transaction price.


3.


Employees

The average monthly number of employees, including the director, during the year was 1 (2023 - 1).


4.


Investment property


Investment property

£



Valuation


At 1 January 2024
7,529,759


Disposals
(103,600)


Surplus on revaluation
26,750



At 31 December 2024
7,452,909

The  valuations were made by the directors, on an open market value for existing use basis.






5.


Debtors

2024
2023
£
£


Trade debtors
22,263
32,746

Amounts owed by associated undertakings
2,376,696
1,997,898

Other debtors
7,152
1,172

2,406,111
2,031,816


Page 4

 
REAL ESTATE EAST LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
497
6

Corporation tax
77,922
67,116

Other creditors
77,596
77,270

Accruals
19,647
19,950

175,662
164,342



7.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



1,868 (2023 - 1,868) Ordinary A shares of £1.00 each
1,868
1,868
173 (2023 - 173) Ordinary B shares of £1.00 each
173
173

2,041

2,041



8.


Related party transactions

At the year end, included within debtors, are amounts of £2,376,696 (2023 - £1,997,898) owed by companies under common control of the director. 

 
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