Company Registration No. 13495972 (England and Wales)
DUK E1 RESI LIMITED
Unaudited accounts
for the year ended 31 December 2024
DUK E1 RESI LIMITED
Statement of financial position
as at 31 December 2024
Investments
38,502,204
35,233,238
Debtors
20,866,283
35,408,758
Cash at bank and in hand
1,099
604
Creditors: amounts falling due within one year
(3,120)
(1,860)
Net current assets
20,864,262
35,407,502
Total assets less current liabilities
59,366,466
70,640,740
Creditors: amounts falling due after more than one year
(52,695,953)
(52,486,573)
Provisions for liabilities
Deferred tax
(1,432,003)
(752,124)
Net assets
5,238,510
17,402,043
Called up share capital
17,161,000
16,021,000
Profit and loss account
(11,922,490)
1,381,043
Shareholders' funds
5,238,510
17,402,043
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 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 31 March 2025 and were signed on its behalf by
Christos DIMITRIADIS
Director
Company Registration No. 13495972
DUK E1 RESI LIMITED
Notes to the Accounts
for the year ended 31 December 2024
DUK E1 RESI LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13495972. The registered office is 60 WELBECK STREET, LONDON, W1G 9XB, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
4
Investments
Subsidiary undertakings
Valuation at 1 January 2024
35,233,238
Fair value adjustments
3,268,966
Valuation at 31 December 2024
38,502,204
Amounts falling due within one year
Amounts due from group undertakings etc.
-
12,615,567
Amounts falling due after more than one year
Amounts due from group undertakings etc.
20,866,283
22,793,191
6
Creditors: amounts falling due within one year
2024
2023
7
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
39,013,181
39,317,957
Amounts owed to group undertakings and other participating interests
13,682,772
13,168,616
DUK E1 RESI LIMITED
Notes to the Accounts
for the year ended 31 December 2024
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).