BrightAccountsProduction v1.0.0 v1.0.0 2024-04-01 The company was not dormant during the period The company was trading for the entire period The principal activity is that of operating own real-estate. 19 December 2025 1 1 11541398 2025-03-31 11541398 2024-03-31 11541398 2023-03-31 11541398 2024-04-01 2025-03-31 11541398 2023-04-01 2024-03-31 11541398 uk-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 11541398 uk-curr:PoundSterling 2024-04-01 2025-03-31 11541398 uk-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 11541398 uk-bus:FullAccounts 2024-04-01 2025-03-31 11541398 uk-bus:Director1 2024-04-01 2025-03-31 11541398 uk-bus:RegisteredOffice 2024-04-01 2025-03-31 11541398 uk-bus:Agent1 2024-04-01 2025-03-31 11541398 uk-bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 11541398 uk-core:ShareCapital 2025-03-31 11541398 uk-core:ShareCapital 2024-03-31 11541398 uk-core:RetainedEarningsAccumulatedLosses 2025-03-31 11541398 uk-core:RetainedEarningsAccumulatedLosses 2024-03-31 11541398 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2025-03-31 11541398 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2024-03-31 11541398 uk-bus:FRS102 2024-04-01 2025-03-31 11541398 uk-core:LandBuildings 2024-04-01 2025-03-31 11541398 uk-core:FurnitureFittingsToolsEquipment 2024-04-01 2025-03-31 11541398 uk-core:CurrentFinancialInstruments 2025-03-31 11541398 uk-core:CurrentFinancialInstruments 2024-03-31 11541398 uk-core:WithinOneYear 2025-03-31 11541398 uk-core:WithinOneYear 2024-03-31 11541398 2024-04-01 2025-03-31 xbrli:pure iso4217:GBP xbrli:shares
Company Registration Number: 11541398
 
 
East Village Apartments Limited
 
Unaudited Financial Statements
 
for the financial year ended 31 March 2025
East Village Apartments Limited
DIRECTOR AND OTHER INFORMATION

 
Director William Morton Flowerday
 
 
Company Registration Number 11541398
 
 
Registered Office and Business Address 483 Green Lanes
London
N13 4BS
 
 
Accountants Quarter
Chartered Accountants
St Anne's House
15 Church Street
Cathedral Quarter
BT1 1PG
United Kingdom
 
 
Bankers Metro Bank PLC
  1 Southampton Row
  London
  WC1B 5HA
  United Kingdom



East Village Apartments Limited

CHARTERED ACCOUNTANTS REPORT
to the Director on the Compilation of the unaudited financial statements of East Village Apartments Limited
for the financial year ended 31 March 2025
 
In accordance with the engagement letter and in order to assist you to fulfil your duties under the Companies Act 2006, we have compiled for your approval the financial statements of the company for the financial year ended 31 March 2025 as set out on pages  to  which comprise the Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given to us.
 
This report is made solely to the director of East Village Apartments Limited, in accordance with the terms of our engagement. Our work has been undertaken so that we might compile the financial statements that we have been engaged to compile, report to the company’s Director that we have done so, and state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and its director for our work or for this report.
 
We have carried out this engagement in accordance with guidance issued by Chartered Accountants Ireland and have complied with the relevant ethical guidance laid down by Chartered Accountants Ireland relating to members undertaking the compilation of financial statements.
 
You have acknowledged on the Statement of Financial Position for the year ended 31 March 2025 your duty to ensure that East Village Apartments Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of East Village Apartments Limited. You consider that East Village Apartments Limited is exempt from the statutory audit requirement for the financial year.
 
We have not been instructed to carry out an audit or a review of the financial statements of East Village Apartments Limited. For this reason, we have not verified the adequacy, accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
 
 
 
__________________________________
QUARTER
Chartered Accountants
St Anne's House
15 Church Street
Cathedral Quarter
BT1 1PG
United Kingdom
 
19 December 2025



East Village Apartments Limited
Company Registration Number: 11541398
STATEMENT OF FINANCIAL POSITION
as at 31 March 2025

2025 2024
Notes £ £
 
Non-Current Assets
Property, plant and equipment 5 1,024,194 1,046,493
───────── ─────────
 
Current Assets
Receivables 6 14,323 16,849
Cash and cash equivalents 11,093 5,993
───────── ─────────
25,416 22,842
───────── ─────────
Payables: amounts falling due within one year 7 (1,166,113) (1,179,222)
───────── ─────────
Net Current Liabilities (1,140,697) (1,156,380)
───────── ─────────
Total Assets less Current Liabilities (116,503) (109,887)
═════════ ═════════
 
Equity
Called up share capital 10 10
Retained earnings (116,513) (109,897)
───────── ─────────
Equity attributable to owners of the company (116,503) (109,887)
═════════ ═════════
 
The financial statements have been prepared 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 company has taken advantage of the exemption under section 444 not to file the Income Statement and Director's Report.
           
For the financial year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
           
The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.
           
The director acknowledges their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.
           
Approved by the Director and authorised for issue on 19 December 2025
           
           
________________________________          
William Morton Flowerday          
Director          
           



East Village Apartments Limited
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 March 2025

   
1. General Information
 
East Village Apartments Limited is a company limited by shares incorporated and registered in England. The registered number of the company is 11541398. The registered office of the company is 483 Green Lanes, London, N13 4BS which is also the principal place of business of the company. The principal activity is that of operating own real-estate. The financial statements have been presented in Pound (£) which is also the functional currency of the company.
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance
The financial statements of the company for the financial year ended 31 March 2025 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
 
Basis of preparation
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Revenue
Revenue comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.
 
Property, plant and equipment and depreciation
Property, plant and equipment are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of property, plant and equipment, less their estimated residual value, over their expected useful lives as follows:
 
  Land and buildings freehold - 2% Straight line
  Fixtures, fittings and equipment - 20% Reducing Balance
 
The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.
 
Trade and other receivables
Trade and other receivables 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 payables
Trade and other payables 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.
 
Employee benefits
The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The company also operates a defined benefit pension scheme for its employees providing benefits based on final pensionable pay. The assets of this scheme are also held separately from those of the company, being invested with pension fund managers.
 
Taxation and deferred taxation

Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Statement of Financial Position date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements.

Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Statement of Financial Position date.
 
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange ruling at the Statement of Financial Position date. Non-monetary items that are measured in terms of historical cost in a foreign currency are translated at the rates of exchange ruling at the date of the transaction. Non-monetary items that are measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value was determined. The resulting exchange differences are dealt with in the Income Statement.
 
Ordinary share capital
The ordinary share capital of the company is presented as equity.
   
3. Going concern
 
As at 31st March 2025 the balance sheet showed a deficiency of assets of £109,887. The company remains reliant upon the support of the director and connected parties.
       
4. Employees
 
The average monthly number of employees, including director, during the financial year was 1, (2024 - 1).
 
  2025 2024
  Number Number
 
Director 1 1
  ═════════ ═════════
         
5. Property, plant and equipment
  Land and Fixtures, Total
  buildings fittings and  
  freehold equipment  
  £ £ £
Cost
At 1 April 2024 998,456 63,488 1,061,944
Additions 7,746 1,846 9,592
  ───────── ───────── ─────────
At 31 March 2025 1,006,202 65,334 1,071,536
  ───────── ───────── ─────────
Depreciation
At 1 April 2024 9,984 5,467 15,451
Charge for the financial year 20,124 11,767 31,891
  ───────── ───────── ─────────
At 31 March 2025 30,108 17,234 47,342
  ───────── ───────── ─────────
Carrying amount
At 31 March 2025 976,094 48,100 1,024,194
  ═════════ ═════════ ═════════
At 31 March 2024 988,472 58,021 1,046,493
  ═════════ ═════════ ═════════
       
6. Receivables 2025 2024
  £ £
 
Trade receivables 12,262 14,234
Amounts owed by connected parties (Note 10) 122 -
Other debtors - 46
Prepayments and accrued income 1,939 2,569
  ───────── ─────────
  14,323 16,849
  ═════════ ═════════
       
7. Payables 2025 2024
Amounts falling due within one year £ £
 
Trade payables 40 2,406
Amounts owed to connected parties (Note 10) 1,112,069 1,106,880
Taxation  (Note 8) 6,300 4,098
Director's current account 2,843 18,358
Other creditors 41,241 43,860
Accruals 3,620 3,620
  ───────── ─────────
  1,166,113 1,179,222
  ═════════ ═════════
 
East Village Apartments Limited currently has an outstanding charge which was created on 7th November 2025. The charge is held in relation to a loan provided by WMF Property Limited. This charge contains a fixed, floating charge and negative pledge over the lease hold property.
       
8. Taxation 2025 2024
  £ £
 
Payables:
VAT 6,300 4,098
  ═════════ ═════════
       
9. Capital commitments
 
The company had no material capital commitments at the financial year-ended 31 March 2025.
           
10. Related party transactions
  Balance Movement Balance Maximum
  2025 in year 2024 in year
  £ £ £ £
 
Aboding Co Living Limited 122 122 - 122
 
The following amounts are due to other connected parties:
      2025 2024
      £ £
 
Aboding Limited     - 873,186
WMF Property Limited     1,099,375 221,000
Aboding Investments LLP     12,694 12,694
      ───────── ─────────
      1,112,069 1,106,880
      ═════════ ═════════
 
Net balances with other connected parties:
      2025 2024
      £ £
 
Aboding Limited     - (873,186)
WMF Property Limited     (1,099,375) (221,000)
Aboding Co Living Limited     122 -
Aboding Investments LLP     (12,694) (12,694)
      ───────── ─────────
      (1,111,947) (1,106,880)
      ═════════ ═════════
 

Aboding Limited

Will Flowerday is a director in both East Village Apartments Ltd and Aboding Limited. As at 31 March 2024 East Village Apartments Ltd owed Aboding Limited a balance of £873,186. During the year there was movement of £873,186. As at 31 March 2025 East Village Apartments Ltd owed Aboding Limited £Nil.

WMF Property Limited

Will Flowerday is a director in both East Village Apartments Ltd and WMF Property Limited. As at 31 March 2024 East Village Apartments Ltd owed WMF Property Limited a balance of £221,000. During the year there was movement of £878,375. As at 31 March 2025 East Village Apartments Ltd owed WMF Property Limited £1,099,375.

Aboding Co Living Limited

Will Flowerday is a director in both East Village Apartments Ltd and Aboding Co Living Limited. As at 31 March 2024 East Village Apartments Ltd owed Aboding Co Living Limited a balance of £Nil. During the year there was movement of £122. As at 31 March 2025 Aboding Co Living Limited owed East Village Apartments Ltd  £122.

Aboding Investment LLP

Will Flowerday is a director in both East Village Apartments Ltd and a member of Aboding Investment LLP. As at 31 March 2024 East Village Apartments Ltd owed Aboding Investment LLP a balance of £12,694. During the year there was movement of £Nil. As at 31 March 2025 East Village Apartments Ltd owed Aboding Investment LLP £12,694.
   
11. Events After the End of the Reporting Period
 
There have been no significant events affecting the company since the financial year-end.