Eagerstone Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 02969281

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		276		396
Investment Properties	5		808,986		808,986

			809,262		809,382
CURRENT ASSETS
Debtors	6	12,515		19,675
Cash at bank and in hand		79,683		109,817

		92,198		129,492
Creditors: Amounts Falling Due Within One Year	7	(31,373 )		(77,399 )

NET CURRENT ASSETS (LIABILITIES)			60,825		52,093

TOTAL ASSETS LESS CURRENT LIABILITIES			870,087		861,475

Creditors: Amounts Falling Due After More Than One Year	8		(5,000 )		(15,000 )

NET ASSETS			865,087		846,475

CAPITAL AND RESERVES
Called up share capital	9		100		100
Profit and Loss Account			864,987		846,375

SHAREHOLDERS' FUNDS			865,087		846,475

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Eagerstone Limited

Balance Sheet (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 Profit and Loss Account.

On behalf of the board

D P Harrington

Director

18/09/2025

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

1. General Information

Eagerstone Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02969281 . The registered office is St Stephen House, Arthur Road, Windsor, Berkshire, SL4 1RU.

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. Turnover

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. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings	25% Reducing Balance
Computer Equipment	25% Reducing Balance

2.4. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

2.5. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Current tax is recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current tax is recognised in other comprehensive income or directly in equity respectively.

2.7. Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

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Eagerstone Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

2.8. Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2.9. Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty or notice of not more than 24 hours.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2023: 3)

4. Tangible Assets

	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost
As at 1 January 2024	2,439	19,817	22,256

As at 31 December 2024	2,439	19,817	22,256

Depreciation
As at 1 January 2024	2,409	19,451	21,860
Provided during the period	30	90	120

As at 31 December 2024	2,439	19,541	21,980

Net Book Value
As at 31 December 2024	-	276	276

As at 1 January 2024	30	366	396

5. Investment Property

	2024
	£
Fair Value
As at 1 January 2024 and 31 December 2024	808,986

6. Debtors

	2024	2023
	£	£
Due within one year
Trade debtors	-	571
Other debtors	12,515	19,104

	12,515	19,675

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Eagerstone Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

7. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Trade creditors	9,307	11,600
Bank loans and overdrafts	10,000	10,000
Other creditors	12,066	55,763
Taxation and social security	-	36

	31,373	77,399

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

	2024	2023
	£	£
Bank loans	5,000	15,000

9. Share Capital

	2024	2023
Allotted, called up and fully paid	£	£
100 Ordinary Shares of £ 1.00 each	100	100

10. Reserves

Profit and loss account - includes all current and prior period retained profits and losses.

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