REGISTERED NUMBER: 07722163 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

The Estate Office Shoreditch Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

M Krantz

H E F Sayer

A M Thomas

S Hew

REGISTERED OFFICE:

The Roma Building

32-38 Scrutton Street

London

EC2A 4RQ

REGISTERED NUMBER:

07722163 (England and Wales)

Fixed assets

Investments

4

5,420

5,420

Current assets

Debtors

5

1,708,674

603,308

Cash in hand

6

158,572

1,153,215

1,867,246

1,756,523

Creditors

Amounts falling due within one year

7

1,304,919

1,309,267

Net current assets

562,327

447,256

Total assets less current liabilities

567,747

452,676

Provisions for liabilities

8

51,187

43,647

Net assets

516,560

409,029

Capital and reserves

Called up share capital

9

2

2

Retained earnings

10

516,558

409,027

Shareholders' funds

516,560

409,029

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 December 2025 and were signed on its behalf by:

S Hew - Director

1.	Statutory information

The Estate Office Shoreditch Ltd 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 as modified by the revaluation of certain assets.

Going concern

The directors have at the time of approving the financial statements, a reasonable expectation that the

company has adequate resources to continue in operational existence for the foreseeable future.

Thus, they continue to adopt the going concern basis of accounting in preparing the financial

statements.

Turnover

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

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Financial instruments

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include trade and other debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the financial asset is measured at the present value of the future receipts discounted at a market rate of interest.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including trade and other creditors and loans from fellow group companies, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Equity instruments

Equity instruments issued by the company are recorded at the fair value of proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

Cash at bank and in hand

Cash and cash equivalents are basic financial instruments and include cash in hand, deposits held at call with banks, and other short-term liquid investments with original maturities of three months or less.

3.	Employees and directors

The average number of employees during the year was 28 (2024 - 27 ) .

4.	Fixed asset investments

Shares in

group

undertaking

£

Cost

At 1 April 2024

and 31 March 2025

5,420

Net book value

At 31 March 2025

5,420

At 31 March 2024

5,420

5.

Debtors: amounts falling due within one year

2025

2024

£

£

Trade debtors

955,546

69,396

Other debtors

14,380

6,036

Tax

239,556

139,676

Prepayments and accrued income

499,192

388,200

1,708,674

603,308

6.	Cash in hand

2025

2024

£

£

Cash in hand

158,572

1,153,215

7.

Creditors: amounts falling due within one year

2025

2024

£

£

Trade creditors

311,149

247,823

Social security and other taxes

575,198

387,077

VAT

188,477

194,969

Other creditors

69,271

322,701

LTIP

88,968

72,447

Accruals and deferred income

71,856

84,250

1,304,919

1,309,267

8.	Provisions for liabilities

The company operates a long-term incentive plan (LTIP) for its employees. During the year, £132,732 has been provided (2024: £80,213) in the profit and loss accounts. As at the year end, total provision includes £88,968 payable within 1 year and £51,187 payable within 2 years. In the month of March 2025 £108,671 LTIP has been realised and paid to its employees.

9.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

2

Ordinary

£1

2

2

10.

Reserves

Retained

earnings

£

At 1 April 2024

409,027

Profit for the year

107,531

At 31 March 2025

516,558

11.	Related party disclosures

There was a creditor balance at the balance sheet date with R Company 4 Ltd, a company under common control totalling £50,000 (2024: £306,457). This loan is unsecured and R Company 4 Ltd receives interest at a rate of 4.28% (2024: 4.28%). This loan has been repaid in full in June 2025.

12.	Ultimate controlling party

The immediate parent company and ultimate controlling party is Jensen Limited, incorporated in Jersey and it's registration number is 128623.