REGISTERED NUMBER: 10600985 (England and Wales)

Unaudited Financial Statements

for the Period 29 February 2024 to 31 December 2024

for

Edgwarebury Lane Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

N Thakkar

V N Popat

N I Popat

S N Popat

REGISTERED OFFICE:

3 - 5 College Street

Nottingham

Nottinghamshire

NG1 5AQ

REGISTERED NUMBER:

10600985 (England and Wales)

FIXED ASSETS

Investment property

4

4,152,880

4,152,880

CURRENT ASSETS

Debtors

5

4,175

4,522

Cash at bank and in hand

13,950

9,865

18,125

14,387

CREDITORS

Amounts falling due within one year

6

(457,243

)

(440,808

)

NET CURRENT LIABILITIES

(439,118

)

(426,421

)

TOTAL ASSETS LESS CURRENT LIABILITIES

3,713,762

3,726,459

CREDITORS

Amounts falling due after more than one year

7

(2,837,792

)

(2,844,875

)

PROVISIONS FOR LIABILITIES

10

(219,011

)

(224,427

)

NET ASSETS

656,959

657,157

CAPITAL AND RESERVES

Called up share capital

11

1

1

Revaluation reserve

12

815,160

898,372

Retained earnings

(158,202

)

(241,216

)

SHAREHOLDERS' FUNDS

656,959

657,157

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2024 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 25 September 2025 and were signed on its behalf by:

V N Popat - Director

1.	STATUTORY INFORMATION

Edgwarebury Lane 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.

The accounting period has been shortened to the 31 December 2024 in order to be aligned to the same period ends as other group companies.

By this fact, the comparable amounts presented in the financial statements are not entirely comparable.

Turnover

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

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.

Taxation

Taxation for the period 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 period 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.

3.	EMPLOYEES AND DIRECTORS

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

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 29 February 2024

and 31 December 2024

4,152,880

NET BOOK VALUE

At 31 December 2024

4,152,880

At 28 February 2024

4,152,880

Fair value at 31 December 2024 is represented by:

£

Valuation in 2024

1,086,880

Cost

3,066,000

4,152,880

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2024

£

£

Other debtors

4,175

4,522

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2024

£

£

Bank loans and overdrafts (see note 8)

8,500

8,843

Trade creditors

3,034

315

Other creditors

445,709

431,650

457,243

440,808

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2024

£

£

Bank loans (see note 8)

2,837,792

2,844,875

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

2,830,000

2,830,000

8.

LOANS

An analysis of the maturity of loans is given below:

2024

2024

£

£

Amounts falling due within one year or on demand:

Bank overdrafts

-

343

Bank loans

8,500

8,500

8,500

8,843

Amounts falling due between one and two years:

Bank loans - 1-2 years

7,792

8,500

Amounts falling due between two and five years:

Bank loans - 2-5 years

-

6,375

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

2,830,000

2,830,000

9.	SECURED DEBTS

As at the 31 December 2024, £2,830,000 (February 2024: £2,830,000) of the total loans is secured by a fixed and floating charge against the companies assets.

10.	PROVISIONS FOR LIABILITIES

2024

2024

£

£

Deferred tax

219,011

224,427

Deferred

tax

£

Balance at 29 February 2024

224,427

Provided during period

(5,416

)

Balance at 31 December 2024

219,011

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2024

value:

£

£

100

Ordinary Shares

0.01

1

1

12.

RESERVES

Revaluation

reserve

£

At 29 February 2024

898,372

Deferred Tax

(83,212

)

At 31 December 2024

815,160