Registrar

Registration number: 07363711

Eagle Properties (UK) Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 7

Eagle Properties (UK) Limited

Company Information

Directors

V Sharma

Registered office

Units 3 & 4 Lodge Lane Great Blakenham Ipswich Suffolk IP6 OLB

Bankers

Barclays Bank Plc 1 Princes Street Ipswich Suffolk IP1 1PB

Accountants

Lambert Chapman LLP Chartered Accountants3 Warners Mill Silks Way Braintree Essex CM7 3GB

Eagle Properties (UK) Limited

(Registration number: 07363711)
Balance Sheet as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	5	2,678	3,925
Investment property	6	1,610,000	1,610,000
		1,612,678	1,613,925
Current assets
Debtors	7	308,394	329,287
Cash at bank and in hand		5,635	5,163
		314,029	334,450
Creditors: Amounts falling due within one year	8	(29,862)	(49,327)
Net current assets		284,167	285,123
Total assets less current liabilities		1,896,845	1,899,048
Creditors: Amounts falling due after more than one year	8	(1,662,916)	(1,651,508)
Net assets		233,929	247,540
Capital and reserves
Called up share capital	9	100	100
Retained earnings		233,829	247,440
Shareholders' funds		233,929	247,540

For the financial year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 29 December 2025
 

V Sharma
Director

Eagle Properties (UK) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1	General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office and the principal place of business is: Units 3 & 4, Lodge Lane, Great Blakenham, Ipswich, Suffolk, IP6 OLB, England.

These financial statements were authorised for issue by the director on 29 December 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention.

These financial statements are presented in Sterling (£), which is the company's functional currency.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of property investment and rental services in the ordinary course of the company’s activities. Turnover is shown net of returns, rebates and discounts.

The company recognises revenue when:
- the amount of revenue can be reliably measured;
- it is probable that future economic benefits will flow to the entity;
- and specific criteria have been met for each of the company's activities.

Tax

Current Tax is recognised in the profit and loss account, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Deferred tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation.

Depreciation

Depreciation is charged so as to write off the cost or valuation of assets over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Fixtures and Fittings	20% Straight Line

Eagle Properties (UK) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by V Sharma. V Sharma uses observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in the profit and loss account.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits.

Trade debtors

Trade debtors are amounts due from tenants for services performed in the ordinary course of business.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Profit and Loss Account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 1).

4	Exceptional item

During the comparative period, a loan to a company under common control amounting to £77,497 has been written off and included within administrative expenses.

Eagle Properties (UK) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

5	Tangible assets

	Fixtures and fittings £	Total £
Cost or valuation
At 1 April 2024	24,314	24,314
Additions	568	568
At 31 March 2025	24,882	24,882
Depreciation
At 1 April 2024	20,389	20,389
Charge for the year	1,815	1,815
At 31 March 2025	22,204	22,204
Carrying amount
At 31 March 2025	2,678	2,678
At 31 March 2024	3,925	3,925

6	Investment properties

	2025 £
At 1 April 2024	1,610,000
At 31 March 2025	1,610,000

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by V Sharma.

There has been no valuation of investment property by an independent valuer.

Eagle Properties (UK) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

7

Debtors

	2025 £	2024 £
Trade debtors	20,364	41,287
Other debtors	288,030	288,000
	308,394	329,287

8

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	10	4,415	4,415
Trade creditors		5,009	8,612
Accruals and deferred income		5,048	3,215
Other creditors		15,390	33,085
		29,862	49,327

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	10	1,662,916	1,651,508

Creditors include bank loans not repayable by instalments of £1,191,294 (2024 - £1,191,294) due after more than five years.

Eagle Properties (UK) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

9	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary shares of £1 each	100	100	100	100

10	Loans and borrowings

Current loans and borrowings

	2025 £	2024 £
Bank borrowings	4,415	4,415

Non-current loans and borrowings

	2025 £	2024 £
Bank borrowings	1,210,859	1,215,233
Other borrowings	452,057	436,275
	1,662,916	1,651,508

Creditors due after one year include bank loans which are secured to the value of £1,191,294 (2024 - £1,191,294).