REGISTERED NUMBER: 10418905 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

EASTHALL (REGIONAL) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

N C F Pellett

SECRETARY:

J N D Pellett

REGISTERED OFFICE:

Bryant House

Bryant Road

Strood

Kent

ME2 3EW

REGISTERED NUMBER:

10418905 (England and Wales)

ACCOUNTANTS:

Friend & Grant Ltd

Bryant House

Bryant Road

Strood

Rochester

Kent

ME2 3EW

FIXED ASSETS

Investment property

5

1,294,258

1,294,258

CURRENT ASSETS

Debtors

6

-

1,043

Cash at bank

284,202

214,906

284,202

215,949

CREDITORS

Amounts falling due within one year

7

1,090,153

1,080,022

NET CURRENT LIABILITIES

(805,951

)

(864,073

)

TOTAL ASSETS LESS CURRENT LIABILITIES

488,307

430,185

PROVISIONS FOR LIABILITIES

46,616

45,600

NET ASSETS

441,691

384,585

CAPITAL AND RESERVES

Called up share capital

100

100

Revaluation reserve

8

193,384

194,400

Retained earnings

248,207

190,085

441,691

384,585

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 director acknowledges his 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 director and authorised for issue on 7 November 2025 and were signed by:

N C F Pellett - Director

1.	STATUTORY INFORMATION

Easthall (Regional) 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.	STATEMENT OF COMPLIANCE

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 presentation

and disclosure requirements of Section 1A applicable to small companies, and the Companies Act 2006

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

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

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 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 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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

and 31 March 2025

1,294,258

NET BOOK VALUE

At 31 March 2025

1,294,258

At 31 March 2024

1,294,258

The investment properties at 102/103 Bancroft are valued in the accounts as £1,294,258 (2023 - £1,294,258). This figure has been based off of Mr Nicholas Pellett (the director) as an estimate.The historic cost of the properties was £1,054,248.

Fair value at 31 March 2025 is represented by:

£

Valuation in 2021

195,742

Valuation in 2022

44,258

Cost

1,054,258

1,294,258

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

-

1,043

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Taxation and social security

22,399

28,824

Other creditors

1,067,754

1,051,198

1,090,153

1,080,022

8.

RESERVES

Revaluatio

reserve

£

At 1 April 2024

194,400

Deferred tax adjustment

(1,016

)

At 31 March 2025

193,384

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

N C F Pellett

Balance outstanding at start of year

1,043

1,043

Amounts advanced

345

-

Amounts repaid

(1,388

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

1,043

The loan from the company to the director is unsecured and repayable on demand.

10.	RELATED PARTY DISCLOSURES

Included in other loans is a total balance of £1,049,992 (2024: £1,049,992) for loans that were provided directly by Easthall Ltd, an entity of which Mr N Pellett is the sole director and ultimate controlling party. These loans are unsecured and repayable on demand. Total interest charged during the year was £Nil (2024: £Nil).

The company is currently dependent on the continuing financial support of its principal funder, Easthall Ltd, who has historically provided funding for the company's operations.

The principle funder has confirmed his continuing financial support and has indicated that he does not intend to withdraw such financial assistance for the foreseeable future, and at least for a period of twelve months from the date of approval of these financial statements.