Company No: 09081226 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2024		2023
		£		£
Fixed assets
Tangible assets	3	1,638,023		1,497,241
		1,638,023		1,497,241
Current assets
Debtors	4	12,441		4,268
Cash at bank and in hand		26,351		40,956
		38,792		45,224
Creditors: amounts falling due within one year	5	( 249,188)		( 1,967,000)
Net current liabilities		(210,396)		(1,921,776)
Total assets less current liabilities		1,427,627		(424,535)
Net assets/(liabilities)		1,427,627		( 424,535)
Capital and reserves
Called-up share capital		1,902,144		100
Profit and loss account		( 474,517 )		( 424,635 )
Total shareholders' funds/(deficit)		1,427,627		( 424,535)

For the financial 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.

Director's responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Eastleigh Court Limited (registered number: 09081226) were approved and authorised for issue by the Director on 26 September 2025. They were signed on its behalf by:

A F Anderson Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Eastleigh Court Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Eastleigh Court, Bishopstrow, Warminster, BA12 9HW, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is recognised at the fair value of letting income received in the normal course of business, and is shown net of VAT and other sales related taxes.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Finance costs

Finance costs are charged to the Profit and Loss Account over the term of the debt using the effective interest method so the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date. Tax is recognised in the profit and loss account, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Investment property	not depreciated
Plant and machinery	20 % reducing balance
Office equipment	3 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Investment property

Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

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, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

2. Employees

	2024		2023
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	1		1

3. Tangible assets

	Investment property		Plant and machinery		Office equipment		Total
	£		£		£		£
Cost
At 01 January 2024	1,497,241		0		459		1,497,700
Additions	129,115		12,500		0		141,615
At 31 December 2024	1,626,356		12,500		459		1,639,315
Accumulated depreciation
At 01 January 2024	0		0		459		459
Charge for the financial year	0		833		0		833
At 31 December 2024	0		833		459		1,292
Net book value
At 31 December 2024	1,626,356		11,667		0		1,638,023
At 31 December 2023	1,497,241		0		0		1,497,241

4. Debtors

	2024		2023
	£		£
Corporation tax	1,809		0
Other debtors	10,632		4,268
	12,441		4,268

5. Creditors: amounts falling due within one year

	2024		2023
	£		£
Bank loans	0		127,493
Trade creditors	1,264		1,115
Amounts owed to Group undertakings	186,175		45,667
Taxation and social security	0		102,376
Other creditors	61,749		1,690,349
	249,188		1,967,000

Amounts owed to Group undertakings are repayable on demand and do not bear interest.

6. Ultimate controlling party

Parent Company:

Kindred Living Project Limited

28 Petley Road, London, England, W6 9ST