23 ENDYMION ROAD LIMITED


Directors	CONNICK, Barry
	KROKATSIS, Michael


Registered Address	371 Green Lanes
	Harringay
	London
	N4 1DY.


Registered Number	07595893 (England and Wales)

Balance Sheet as at
31 December 2024

	Notes	2024		2023
		£	£	£	£
Fixed assets
Tangible assets	3		19,335		19,335
			19,335		19,335
Current assets
Debtors	4	274		-
Cash at bank and on hand		481		3,106
		755		3,106
Creditors amounts falling due within one year	5	(732)		(3,082)
Net current assets (liabilities)			23		24
Total assets less current liabilities			19,358		19,359
Net assets			19,358		19,359
Capital and reserves
Called up share capital			24		24
Share premium			19,335		19,335
Profit and loss account			(1)		-
Shareholders' funds			19,358		19,359

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved and authorised for issue by the Board of Directors on 17 September 2025, and are signed on its behalf by:

KROKATSIS, Michael
Director
Registered Company No. 07595893

23 ENDYMION ROAD LIMITED

Notes to the Financial Statements
for the year ended 31 December 2024

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

	Revenue from sale of goods
	Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

Revenue from sale of goods

Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.

	Tangible fixed assets and depreciation
	Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life: Freehold property - not provided Freehold buildings are not depreciated over their useful economic life in accordance with FRS 102 and it is also a departure from the general requirement of the Companies Act 2006. The directors have always adopted a policy of continued maintenance and upkeep of its buildings which extends the useful economic life of its assets to over 50 years. In any case, due to the high residual value and the very long useful economic life no depreciation is charged due to immateriality.

Tangible fixed assets and depreciation

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:
Freehold property - not provided

Freehold buildings are not depreciated over their useful economic life in accordance with FRS 102 and it is also a departure from the general requirement of the Companies Act 2006. The directors have always adopted a policy of continued maintenance and upkeep of its buildings which extends the useful economic life of its assets to over 50 years.
In any case, due to the high residual value and the very long useful economic life no depreciation is charged due to immateriality.

2.	Average number of employees


		2024		2023
	Average number of employees during the year	2		2

3.	Tangible fixed assets

		Total
		£
	Cost or valuation
	At 01 January 24	19,335
	At 31 December 24	19,335
	Net book value
	At 31 December 24	19,335
	At 31 December 23	19,335

4.	Debtors: amounts due within one year

	2024	2023
	£	£
Other debtors	274	-
Total	274	-

5.	Creditors: amounts due within one year

	2024	2023
	£	£
Bank borrowings and overdrafts	-	7
Other creditors	-	2,380
Accrued liabilities and deferred income	732	695
Total	732	3,082


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

6.	Related party transactions
	The directors are also tenants of the company as they rent the company's freehold property. During the year the directors paid lessee charges of £4,090 (2023- £744) to the company and at the balance sheet date they owed £nil (2023- £380 owed by) to the company. These loans are interest free with no fixed date for repayment.