Esterson Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 05800169

		2024		2023
	Notes	€	€	€	€
FIXED ASSETS
Investment Properties	4		5,318,211		5,318,211
Investments	5		1,000		1,000

			5,319,211		5,319,211
CURRENT ASSETS
Debtors	6	1,063,267		932,767
Cash at bank and in hand		23,980		5,485

		1,087,247		938,252
Creditors: Amounts Falling Due Within One Year	7	(7,113,265 )		(6,931,550 )

NET CURRENT ASSETS (LIABILITIES)			(6,026,018 )		(5,993,298 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(706,807 )		(674,087 )

NET LIABILITIES			(706,807 )		(674,087 )

CAPITAL AND RESERVES
Called up share capital	8		144		144
Profit and Loss Account			(706,951 )		(674,231 )

SHAREHOLDERS' FUNDS			(706,807)		(674,087)

Page 1

Page 2

Esterson Ltd

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 member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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

Y Dandrea

Director

05/09/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Esterson Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 05800169 . The registered office is 2 Frederick Street, London, WC1X 0ND.

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. 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.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 1 (2023: 1)

4. Investment Property

	2024
	€
Fair Value
As at 1 January 2024 and 31 December 2024	5,318,211

5. Investments

	Subsidiaries
	€
Cost or Valuation
As at 1 January 2024	1,000

As at 31 December 2024	1,000

Provision
As at 1 January 2024	-

As at 31 December 2024	-

Net Book Value
As at 31 December 2024	1,000

As at 1 January 2024	1,000

The investment represents a 99% holding in Agricola Tudertina SS, a registered Italian partnership and is stated at cost.

6. Debtors

	2024	2023
	€	€
Due within one year
Amounts owed by subsidiaries	1,063,267	932,767

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Page 4

Esterson Ltd

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	-	7,001
Other creditors	7,111,765	6,921,549
Accruals and deferred income	1,500	3,000

	7,113,265	6,931,550

8. Share Capital

	2024	2023
	€	€
Allotted, Called up and fully paid	144	144

9. Related Party Transactions

At the year end Agricola Tudertina SS owed the company €1,063,2667 (2023- €932,767). Esterson Ltd has a 99% stake in this partnership. These loans are interest free and repayable on demand.