Estel Property Investments No.4 Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 07821017 (England and Wales)

Estel Property Investments No.4 Limited

Financial Statements for the Year Ended 31st December 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

P Danson

M Danson

REGISTERED OFFICE:

John Carpenter House

John Carpenter Street

London

EC4Y 0AN

REGISTERED NUMBER:

07821017 (England and Wales)

AUDITORS:

Smailes Goldie

Chartered Accountants

Statutory Auditor

Regent's Court

Princess Street

Hull

East Yorkshire

HU2 8BA

CURRENT ASSETS

Debtors

4

186,323

Cash at bank

489

524

186,812

186,847

CREDITORS

Amounts falling due within one year

5

78,680

NET CURRENT ASSETS

108,132

108,167

TOTAL ASSETS LESS CURRENT
LIABILITIES

108,132

108,167

CAPITAL AND RESERVES

Called up share capital

1,000

Retained earnings

107,132

107,167

108,132

108,167

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 24th September 2025 and were signed on its behalf by:

P Danson - Director

1.	STATUTORY INFORMATION

Estel Property Investments No.4 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, modified to include certain items at fair value.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all year presented unless otherwise stated.

Going concern

Following the sale of the company's investment property in a prior year and the winding down of other investment activities, the directors intend to apply for voluntary strike off under S1003 of the Companies Act 2006. Accordingly the directors do not consider the company to be a going concern. As a consequence these financial statements have been prepared on a basis other than going concern.

Taxation

Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements. 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.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date that are expected to apply to the reversal of timing differences. Deferred tax on revalued non-depreciable tangible fixed assets and investment properties is measured using the rates and allowances that apply to the sale of the asset.

3.	EMPLOYEES AND DIRECTORS

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

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

Amounts owed by group undertakings

184,868

Other debtors

1,455

186,323

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

Trade creditors

1

Amounts owed to related party

74,059

Accruals and deferred income

4,620

78,680

6.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

The unqualified opinion referred to the following matter:

Emphasis of Matter - Basis of preparation other than going concern

We draw attention to Note 1 of the financial statements which explains that the directors intend to wind up the company following the sale of the sole investment property and therefore do not consider it to be appropriate to adopt the going concern basis of accounting in preparing the financial statements. Accordingly the financial statements have been prepared on a basis other than going concern as described in Note 1. Our opinion is not modified in respect of this matter.

Stephen Bramall BSc., FCA (Senior Statutory Auditor)

for and on behalf of Smailes Goldie

7.	RELATED PARTY TRANSACTIONS

Amounts due to related parties at 31 December 2024 includes £74,059 (2023 £74,059) due to Michael Danson. The balance is repayable on demand and bears no interest.

8.	ULTIMATE CONTROLLING PARTY

The company's ultimate parent company is Estel Media Holdco Limited, which is the smallest and largest group in which the company's results are consolidated.The registered office is Studio 5 Salters House, 156 High Street, Hull, HU1 1NQ.

Michael Danson is the ultimate controlling party through his 100% shareholding of Estel Media Holdco Limited.