Edward Rose Property Group Limited

	Page
Statement of Financial Position	1—2
Notes to the Financial Statements	3—5

Registered number: 14719943

		31 December 2024		31 December 2023
	Notes	£	£	£	£
FIXED ASSETS
Investments	4		483,001		1

			483,001		1
CURRENT ASSETS
Debtors	5	235,126		168,947
Cash at bank and in hand		130,316		166,641

		365,442		335,588
Creditors: Amounts Falling Due Within One Year	6	(709,908 )		(395,368 )

NET CURRENT ASSETS (LIABILITIES)			(344,466 )		(59,780 )

TOTAL ASSETS LESS CURRENT LIABILITIES			138,535		(59,779 )

Creditors: Amounts Falling Due After More Than One Year	7		(383,360 )		(203,719 )

NET LIABILITIES			(244,825 )		(263,498 )

CAPITAL AND RESERVES
Called up share capital	8		9		1
Income Statement			(244,834 )		(263,499 )

SHAREHOLDERS' FUNDS			(244,825)		(263,498)

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Edward Rose Property Group Limited

Statement of Financial Position (continued)

As At 31 December 2024

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.

On behalf of the board

David Vertannes

Director

17/09/2025

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

1. General Information

Edward Rose Property Group Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14719943 . The registered office is 28 London Road, Southampton, SO15 2AG.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

The directors have prepared the accounts on the Going Concern basis as they do not intend to liquidate the company or cease its operations. The company is financially supported by its directors and shareholders, who will continue to ensure the company's liabilities are met as they fall due.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Commissions received relating to the sale of properties are recognised once contracts are exchanged on the sale of the property in question. Lettings management income is recognised in a straight line over ther term of the tenancy.

2.4. Leasing and Hire Purchase Contracts

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the income statement as incurred.

2.5. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the income statement as they become payable in accordance with the rules of the scheme.

2.6. Investments

Investments are included at cost where the fair value cannot be reliably measured.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 49 (2023: 56)

4. Investments

	Unlisted
	£
Cost
As at 1 January 2024	1
Additions	483,000

As at 31 December 2024	483,001

Provision
As at 1 January 2024	-

As at 31 December 2024	-

Net Book Value
As at 31 December 2024	483,001

As at 1 January 2024	1

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Edward Rose Property Group Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

5. Debtors

	31 December 2024	31 December 2023
	£	£
Due within one year
Trade debtors	114,399	91,108
Amounts owed by group undertakings	294	-
Other debtors	120,433	77,839

	235,126	168,947

6. Creditors: Amounts Falling Due Within One Year

	31 December 2024	31 December 2023
	£	£
Trade creditors	198,860	189,562
Other loans	177,280	-
Amounts owed to group undertakings	15,836	-
Other creditors	148,320	40,158
Taxation and social security	169,612	165,648

	709,908	395,368

7. Creditors: Amounts Falling Due After More Than One Year

	31 December 2024	31 December 2023
	£	£
Other loans	383,360	203,719

8. Share Capital

	31 December 2024	31 December 2023
	£	£
Allotted, Called up and fully paid	9	1

9. Other Commitments

The total of future minimum lease payments under non-cancellable operating leases are as following:

	31 December 2024	31 December 2023
	£	£
Not later than one year	97,574	9,073
Later than one year and not later than five years	221,749	24,195

	319,323	33,268

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Edward Rose Property Group Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

10. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 January 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 December 2024
	£	£	£	£	£
Mr David Vertannes	5,713	1,804	-	-	7,517

The above loan is unsecured and repayable on demand. Interest is charged at HMRC's official rate.

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