REGISTERED NUMBER: 09278869 (England and Wales)

Financial Statements for the Year Ended 30 September 2025

for

Efe Property Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

A Aydemir

REGISTERED OFFICE:

184 St Mary's Road

Edmonton

London

N9 8NN

REGISTERED NUMBER:

09278869 (England and Wales)

ACCOUNTANTS:

Hasan Y Musalar

International Accountant &Tax Consultant

FAIA, FFA, FIPA,,FFTA

536 Lordship Lane

London

N22 5BY

FIXED ASSETS

Tangible assets

4

1,382,781

1,382,830

CURRENT ASSETS

Cash at bank

1,817

3,912

CREDITORS

Amounts falling due within one year

5

46,536

22,774

NET CURRENT LIABILITIES

(44,719

)

(18,862

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,338,062

1,363,968

CREDITORS

Amounts falling due after more than one year

6

985,187

1,012,856

NET ASSETS

352,875

351,112

CAPITAL AND RESERVES

Called up share capital

7

1,000

1,000

Retained earnings

8

351,875

350,112

SHAREHOLDERS' FUNDS

352,875

351,112

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 15 October 2025 and were signed by:

A Aydemir - Director

1.	STATUTORY INFORMATION

Efe Property 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.

Turnover

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation

Taxation for the year 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 year 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Plant and

property

machinery

Totals

£

£

£

COST

At 1 October 2024

and 30 September 2025

1,382,780

250

1,383,030

DEPRECIATION

At 1 October 2024

-

200

200

Charge for year

-

49

49

At 30 September 2025

-

249

249

NET BOOK VALUE

At 30 September 2025

1,382,780

1

1,382,781

At 30 September 2024

1,382,780

50

1,382,830

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Trade creditors

5,994

850

Tax

542

9,424

Directors' loan accounts

40,000

12,500

46,536

22,774

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.9.25

30.9.24

£

£

Bank loans more 5 yr by instal

985,187

1,012,856

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

985,187

1,012,856

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.25

30.9.24

value:

£

£

1,000

Ordinary shares class A

1.00

1,000

1,000

8.

RESERVES

Retained

earnings

£

At 1 October 2024

350,112

Profit for the year

2,263

Dividends

(500

)

At 30 September 2025

351,875