ACCOUNTS - Final Accounts preparation

Registered number: 12521832

EASTMOUNT CAPITAL LTD

UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025


EASTMOUNT CAPITAL LTD

CONTENTS

	Page
Statement of financial position	1 - 2
Notes to the financial statements	3 - 6


EASTMOUNT CAPITAL LTD REGISTERED NUMBER:12521832

STATEMENT OF FINANCIAL POSITION

AS AT 31 MARCH 2025

		2025		2024
Note		£		£

Fixed assets
Tangible fixed assets	4		47,832		11,100
Investments	5		3,000,000		3,000,000
			3,047,832		3,011,100
Current assets
Debtors: amounts falling due within one year	6	379		-
Bank and cash balances		21,689		45,226
		22,068		45,226
Current liabilities
Creditors: amounts falling due within one year	7	(2,663,400)		(2,683,941)
Net current liabilities			(2,641,332)		(2,638,715)
Net assets			406,500		372,385

Capital and reserves
Called up share capital	8	1	1
Profit and loss account		406,499	372,384
		406,500	372,385

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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EASTMOUNT CAPITAL LTD REGISTERED NUMBER:12521832

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 MARCH 2025

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 22 December 2025.

A J Keats

Director

The notes on pages 3 to 6 form part of these financial statements.

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EASTMOUNT CAPITAL LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1.	General information

Eastmount Capital Ltd is a private limited liability company incorporated in England and Wales. Its registered offices are at 20 Greenhill Crescent, Watford, Hertfordshire, England, WD18 8JA.

The principal activity of the Company is to act as a member of an LLP.
The Company's functional and presentational currency is £ Sterling.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006.

The following principal accounting policies have been applied:

2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Recharges
Revenue from recharges primarily pertains to the recovery of payroll costs incurred by the member on behalf of the partnership.

2.3

Interest income

Interest income is recognised in profit or loss according to the terms of the agreement.

2.4

Borrowing costs

Borrowing costs are amortised in the Statement of Comprehensive Income over the term of the loan.

2.5

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of financial position. The assets of the plan are held separately from the Company in independently administered funds.

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EASTMOUNT CAPITAL LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

2.6

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

2.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Motor vehicles

20%

straight-line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.8

Valuation of investments

Investments in participating interests are measured at cost less accumulated impairment.

2.9

Debtors

Short term debtors are measured at the transaction price, less any impairment.

2.10

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.11

Creditors

Short term creditors are measured at the transaction price.

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EASTMOUNT CAPITAL LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

2.12

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, other third parties, loans to related parties and investments in participating interests.

Employees

The average monthly number of employees, including directors, during the year was 1 (2024 - 1).

4.	Tangible fixed assets

		Motor vehicles
		£
	Cost
	At 1 April 2024	42,290
	Additions	59,790
	Disposals	(42,290)
	At 31 March 2025	59,790
	Depreciation
	At 1 April 2024	31,190
	Charge for the year on owned assets	11,958
	Disposals	(31,190)
	At 31 March 2025	11,958
	Net book value
	At 31 March 2025	47,832

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EASTMOUNT CAPITAL LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

5.	Fixed asset investments

		Participating interest
		£
	Cost
	At 1 April 2024	3,000,000
	At 31 March 2025	3,000,000

Debtors

					2025	2024
					£	£

	Other debtors	379	-

7.	Creditors: amounts falling due within one year
		2025	2024
		£	£

Trade creditors	34	2,425
Amounts owed to participating interest	982,212	1,094,261
Corporation tax	101,041	-
Other creditors	1,577,569	1,577,895
Accruals and deferred income	2,544	9,360
	2,663,400	2,683,941

8.	Share capital
		2025	2024
		£	£

Allotted, called up and fully paid

1 (2024 - 1) Ordinary share of £1	1	1

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