REGISTERED NUMBER: 00641766 (England and Wales)

FINANCIAL STATEMENTS

FOR THE PERIOD 5 APRIL 2024 TO 5 APRIL 2025

FOR

EMCO PROPERTIES LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

Accountants' Report

7

DIRECTORS:

S Freilich

L C Freilich

E Freilich

SECRETARY:

E Freilich

REGISTERED OFFICE:

5 Sentinel Square

Hendon

London

NW4 2EL

REGISTERED NUMBER:

00641766 (England and Wales)

ACCOUNTANTS:

MGR Paris Limited

Chartered Accountants

55 Loundoun Road

St John's Wood

London

NW8 0DL

FIXED ASSETS

Investment property

4

2,617,471

2,617,471

CURRENT ASSETS

Debtors

5

33,314

28,597

Cash at bank

3,272

1,382

36,586

29,979

CREDITORS

Amounts falling due within one year

6

(61,778

)

(51,287

)

NET CURRENT LIABILITIES

(25,192

)

(21,308

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,592,279

2,596,163

PROVISIONS FOR LIABILITIES

7

(583,533

)

(583,533

)

NET ASSETS

2,008,746

2,012,630

CAPITAL AND RESERVES

Called up share capital

8

100

100

Fair value reserve

9

1,955,584

1,955,584

Retained earnings

9

53,062

56,946

SHAREHOLDERS' FUNDS

2,008,746

2,012,630

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 5 April 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 5 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.

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 4 September 2025 and were signed on its behalf by:

S Freilich - Director

1.	STATUTORY INFORMATION

Emco 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.

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 as modified by the revaluation of certain assets.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts are rounded to the nearest pound.

Turnover

Turnover represents rental income receivable.

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.

Interest payable

Interest payable is charged to the profit and loss account on an accruals basis.

Basic financial assets

Basic financial assets, which include trade and other debtors and cash and bank balances, are initially measured at transaction price including transaction and where material are subsequently measured at amortised cost using the effective interest method, less any impairment.

Basic financial liabilities

Basic financial liabilities, including trade and other payables and loans from company undertakings that are classified as debt are initially measured at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at the market rate of interest .

Trade creditors are obligations to pay for goods or services that have been acquired that have been acquired in the ordinary course of business from suppliers. Accounts payables are classified as current liabilities if a payment is due within one year or less. If not, they are present as non current liabilities. Short term creditors are initially recognised at transaction price and where material are subsequently measured at amortised cost using the effective interest method

Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short term liquid investments with original maturities of three months or less.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2024 - 1 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 5 April 2024

and 5 April 2025

2,617,471

NET BOOK VALUE

At 5 April 2025

2,617,471

At 4 April 2024

2,617,471

Fair value at 5 April 2025 is represented by:

£

Valuation in 2021

1,603,965

Valuation in 2023

1,008,951

Valuation in 2024

4,555

2,617,471

If investment property had not been revalued it would have been included at the following historical cost:

5.4.25

4.4.24

£

£

Cost

149,172

149,172

The investment property was valued on an open market basis on 5 April 2023 by the directors .

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

5.4.25

4.4.24

£

£

Other debtors

33,314

28,597

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

5.4.25

4.4.24

£

£

Trade creditors

7,999

12,652

Taxation and social security

11,544

9,235

Other creditors

42,235

29,400

61,778

51,287

7.	PROVISIONS FOR LIABILITIES

5.4.25

4.4.24

£

£

Deferred tax

583,533

583,533

Deferred

tax

£

Balance at 5 April 2024

583,533

Balance at 5 April 2025

583,533

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

5.4.25

4.4.24

value:

£

£

100

Ordinary

£1

100

100

9.

RESERVES

Fair

Retained

value

earnings

reserve

Totals

£

£

£

At 5 April 2024

56,946

1,955,584

2,012,530

Profit for the period

46,116

46,116

Dividends

(50,000

)

(50,000

)

At 5 April 2025

53,062

1,955,584

2,008,646

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the periods ended 5 April 2025 and 4 April 2024:

5.4.25

4.4.24

£

£

S Freilich

Balance outstanding at start of period

13,586

(221

)

Amounts advanced

94,340

67,799

Amounts repaid

(80,770

)

(53,992

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of period

27,156

13,586

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Emco Properties Limited for the period ended 5 April 2025 which comprise the Income Statement, Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Emco Properties Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Emco Properties Limited and state those matters that we have agreed to state to the Board of Directors of Emco Properties Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Emco Properties Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Emco Properties Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Emco Properties Limited. You consider that Emco Properties Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Emco Properties Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

MGR Paris Limited

Chartered Accountants

55 Loundoun Road

St John's Wood

London

NW8 0DL

4 September 2025