Earlyworld Property Holdings Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 06722466 (England and Wales)

Financial Statements

for the Period

1 December 2023 to 5 April 2025

for

Earlyworld Property Holdings Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

F Sidoli

M K Rodwell

REGISTERED OFFICE:

c/o Parker Cavendish, Suite 301

Stanmore Business and Innovation Centre

Howard Road

Stanmore

Middlesex

HA7 1FW

REGISTERED NUMBER:

06722466 (England and Wales)

ACCOUNTANTS:

Parker Cavendish

Chartered Accountants

Suite 301, Stanmore Business

and Innovation Centre

Howard Road

Stanmore

Middlesex

HA7 1FW

FIXED ASSETS

Tangible assets

4

1

Investments

5

1

Investment property

6

3,329,671

3,329,673

CURRENT ASSETS

Debtors

7

2,628,762

2,036,364

Cash at bank

89,649

462,027

2,718,411

2,498,391

CREDITORS

Amounts falling due within one year

8

(268,743

)

(229,064

)

NET CURRENT ASSETS

2,449,668

2,269,327

TOTAL ASSETS LESS CURRENT
LIABILITIES

5,779,341

5,599,000

CAPITAL AND RESERVES

Called up share capital

40,465

Share premium

4,848,535

Retained earnings

890,341

710,000

5,779,341

5,599,000

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 5 April 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 5 April 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 December 2025 and were signed on its behalf by:

M K Rodwell - Director

1.	STATUTORY INFORMATION

Earlyworld Property Holdings 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

The presentation of comparative figures for the year ended 30 November 2023 has been changed following a change of format of the balance sheet.

Related party exemption

The company has taken advantage of exemption in Financial Reporting Standard 102 not to disclose related party transactions with wholly owned entities within the group.

Turnover

Income comprises rent receivable from investment properties net of value added tax and is recognised on an accruals basis. Benefits provided to lessees in the form of rent free periods and capital contributions are treated as a reduction in the overall return on the lease and are recognised on a straight line basis over the full term of the lease.

Tangible fixed assets

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

Computer equipment

-

25% Straight line

Investments in associates

Investments in associate undertakings are recognised at cost less any provision for impairment.

Investment property

Initial measurement

Investment properties are initially measured at cost.

Subsequent measurement

Investment properties are measured at fair value at each reporting date with changes in fair values recognised in profit or loss. No depreciation is provided in respect of investment properties.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 period 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2023 - NIL).

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 December 2023

and 5 April 2025

1,122

DEPRECIATION

At 1 December 2023

and 5 April 2025

1,121

NET BOOK VALUE

At 5 April 2025

1

At 30 November 2023

1

5.	FIXED ASSET INVESTMENTS

Interest

in

associate

£

COST

At 1 December 2023

and 5 April 2025

3,039,120

PROVISIONS

At 1 December 2023

and 5 April 2025

3,039,119

NET BOOK VALUE

At 5 April 2025

1

At 30 November 2023

1

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 December 2023

and 5 April 2025

3,329,671

NET BOOK VALUE

At 5 April 2025

3,329,671

At 30 November 2023

3,329,671

The investment property was valued on an open market basis on 5 April 2025 by the directors and, in their opinion, the value was was not materially different to the cost.

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2023

£

Amounts owed by group undertakings

2,625,000

-

Other debtors

-

2,001,075

Prepayments & accrued income

3,762

35,289

2,628,762

2,036,364

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2023

£

Trade creditors

2,734

-

Tax

60,855

45,314

Value added tax

15,491

7,746

Other creditors

145,000

147,500

Accruals & deferred income

44,663

28,504

268,743

229,064