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REGISTERED NUMBER: 09720994 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2024

for

Eddystone Rock Properties Ltd

Eddystone Rock Properties Ltd (Registered number: 09720994)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Eddystone Rock Properties Ltd

Company Information
for the Year Ended 31 October 2024







DIRECTORS: C S Eddy
Mrs N Eddy





REGISTERED OFFICE: 94 Orchard Gate
Greenford
Middlesex
UB6 0QP





REGISTERED NUMBER: 09720994 (England and Wales)

Eddystone Rock Properties Ltd (Registered number: 09720994)

Balance Sheet
31 October 2024

31.10.24 31.10.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 480 961
Investment property 5 2,100,000 2,100,000
2,100,480 2,100,961

CURRENT ASSETS
Debtors 6 128,173 86,877
Cash at bank 263,616 274,066
391,789 360,943
CREDITORS
Amounts falling due within one year 7 59,105 69,969
NET CURRENT ASSETS 332,684 290,974
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,433,164

2,391,935

PROVISIONS FOR LIABILITIES 79,983 79,983
NET ASSETS 2,353,181 2,311,952

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 2,353,081 2,311,852
SHAREHOLDERS' FUNDS 2,353,181 2,311,952

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

Eddystone Rock Properties Ltd (Registered number: 09720994)

Balance Sheet - continued
31 October 2024


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 11 July 2025 and were signed on its behalf by:





C S Eddy - Director


Eddystone Rock Properties Ltd (Registered number: 09720994)

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

1. STATUTORY INFORMATION

Eddystone Rock Properties Ltd 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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover represents the total income receivable from the investments properties for the year net of value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 1 ) .

Eddystone Rock Properties Ltd (Registered number: 09720994)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 November 2023
and 31 October 2024 1,922
DEPRECIATION
At 1 November 2023 961
Charge for year 481
At 31 October 2024 1,442
NET BOOK VALUE
At 31 October 2024 480
At 31 October 2023 961

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 November 2023
and 31 October 2024 2,100,000
NET BOOK VALUE
At 31 October 2024 2,100,000
At 31 October 2023 2,100,000

The investment properties were valued on an open market basis as at 31 October 2024 by the director, with reference to market evidence for Greater London. If the investment properties had not been revalued they would have been included at a historical cost of £1,709,649 (2023 - £1,709,649).

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Other debtors 49,167 23,529
Directors' loan accounts 57,356 61,699
Tax recoverable 19,358 -
Prepayments 2,292 1,649
128,173 86,877

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Trade creditors 1,004 1,680
Taxation and social security 16,715 15,547
Other creditors 41,386 52,742
59,105 69,969

Eddystone Rock Properties Ltd (Registered number: 09720994)

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

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 October 2024 and 31 October 2023:

31.10.24 31.10.23
£    £   
C S Eddy
Balance outstanding at start of year 61,699 -
Amounts advanced - 66,000
Amounts repaid (4,343 ) (4,301 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 57,356 61,699

The loan to the director is unsecured and interest was charged at a rate equivalent to HMRC's official rate. From 6 April 2024, the company agreed for the loan to be interest-free.

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is C S Eddy.

The immediate and ultimate parent company is Eddystone Rock Holdings Ltd, a company registered in England.