REGISTERED NUMBER: 03838354 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

EVINGTON PROPERTIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

G S Sandhu

E S Sandhu

SECRETARY:

E S Sandhu

REGISTERED OFFICE:

42 Lampton Road

Hounslow

Middlesex

TW3 1JH

REGISTERED NUMBER:

03838354 (England and Wales)

ACCOUNTANTS:

Arithma LLP

Chartered Certified Accountants

5 Jardine House

Harrovian Business Village

Bessborough Road

Harrow

Middlesex

HA1 3EX

FIXED ASSETS

Tangible assets

4

9,105

8,314

Investment property

5

1,600,000

1,600,000

1,609,105

1,608,314

CURRENT ASSETS

Debtors

6

13,537

11,911

Cash at bank

1,005,359

1,466,796

1,018,896

1,478,707

CREDITORS

Amounts falling due within one year

7

(184,538

)

(681,743

)

NET CURRENT ASSETS

834,358

796,964

TOTAL ASSETS LESS CURRENT LIABILITIES

2,443,463

2,405,278

CREDITORS

Amounts falling due after more than one year

8

(525,000

)

(525,000

)

PROVISIONS FOR LIABILITIES

(117,103

)

(116,905

)

NET ASSETS

1,801,360

1,763,373

CAPITAL AND RESERVES

Called up share capital

100

100

Fair value reserve

9

547,389

547,389

Retained earnings

9

1,253,871

1,215,884

SHAREHOLDERS' FUNDS

1,801,360

1,763,373

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.

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 September 2025 and were signed on its behalf by:

E S Sandhu - Director

1.	STATUTORY INFORMATION

Evington Properties 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 as modified by the revaluation of certain assets.

TURNOVER

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

TANGIBLE FIXED ASSETS

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

Office equipment

-

15% on reducing balance

INVESTMENT PROPERTY

Investment properties are shown at most recent valuation. Any aggregate surplus or deficit arising from changes in market value is transferred to a revaluation reserve.

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.

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 3 (2024 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Office

equipment

£

COST

At 1 April 2024

55,266

Additions

2,146

At 31 March 2025

57,412

DEPRECIATION

At 1 April 2024

46,952

Charge for year

1,355

At 31 March 2025

48,307

NET BOOK VALUE

At 31 March 2025

9,105

At 31 March 2024

8,314

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

1,600,000

NET BOOK VALUE

At 31 March 2025

1,600,000

At 31 March 2024

1,600,000

Fair value at 31 March 2025 is represented by:

£

Valuation in 2007

(44,533

)

Valuation in 2008

(80,000

)

Valuation in 2009

140,000

Valuation in 2010

424,000

Valuation in 2011

(83,926

)

Valuation in 2012

(103,541

)

Valuation in 2014

60,000

Valuation in 2018

552,108

Valuation in 2020

(75,000

)

Valuation in 2021

25,000

Cost

785,892

1,600,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

13,537

11,911

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

1,579

1,068

Taxation and social security

20,581

5,231

Other creditors

162,378

675,444

184,538

681,743

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other creditors

525,000

525,000

Other creditors refers to loan taken from Coomb Finance Ltd which is secured over the company's investment properties.

9.

RESERVES

Fair

Retained

value

earnings

reserve

Totals

£

£

£

At 1 April 2024

1,215,884

547,389

1,763,273

Profit for the year

52,272

52,272

Dividends

(14,285

)

(14,285

)

At 31 March 2025

1,253,871

547,389

1,801,260

10.	RELATED PARTY DISCLOSURES

As at 31.03.2025, the Company owed £525,000 (2024: £525,000) to Coomb Finance Ltd in which Mr E S Sandhu and Mr G S Sandhu are directors and shareholders. Interest of £21,000 was paid on this loan.

Other creditors include £89,929 (2024: £481,429) due to Chiltern Heights Ltd and £68,300 (2024: £190,000) due to Matchlocke Ltd, companies in which Mr E S Sandhu and Mr G S Sandhu are directors and shareholders.

11.	CONTROLLING PARTY

The company is under the control of its director, Mr E Sandhu by virtue of his shareholding in the company.