Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-31 2025-03-31 true 2024-04-01 false The principal activity of the company is that of the acquisition and development of land and buildings projects for onward rental and sale.1 1 true The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 12873628 2024-04-01 2025-03-31 12873628 2023-04-01 2024-03-31 12873628 2025-03-31 12873628 2024-03-31 12873628 c:Director1 2024-04-01 2025-03-31 12873628 d:MotorVehicles 2024-04-01 2025-03-31 12873628 d:MotorVehicles 2025-03-31 12873628 d:MotorVehicles 2024-03-31 12873628 d:MotorVehicles d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 12873628 d:CurrentFinancialInstruments 2025-03-31 12873628 d:CurrentFinancialInstruments 2024-03-31 12873628 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 12873628 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 12873628 d:ShareCapital 2025-03-31 12873628 d:ShareCapital 2024-03-31 12873628 d:RetainedEarningsAccumulatedLosses 2025-03-31 12873628 d:RetainedEarningsAccumulatedLosses 2024-03-31 12873628 d:AcceleratedTaxDepreciationDeferredTax 2025-03-31 12873628 d:AcceleratedTaxDepreciationDeferredTax 2024-03-31 12873628 c:OrdinaryShareClass1 2024-04-01 2025-03-31 12873628 c:OrdinaryShareClass1 2025-03-31 12873628 c:OrdinaryShareClass1 2024-03-31 12873628 c:FRS102 2024-04-01 2025-03-31 12873628 c:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 12873628 c:FullAccounts 2024-04-01 2025-03-31 12873628 c:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 12873628 2 2024-04-01 2025-03-31 12873628 e:PoundSterling 2024-04-01 2025-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 12873628 EEP DEVELOPMENTS LIMITED UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
EEP DEVELOPMENTS LIMITED
CONTENTS
| Page
Balance sheet | 1 - 2
Notes to the financial statements | 3 - 7
EEP DEVELOPMENTS LIMITED REGISTERED NUMBER:12873628
BALANCE SHEET AS AT 31 MARCH 2025
|  | 2025 |  | 2024
Note |  | £ |  | £
Fixed assets |  |  |  |  |
Tangible assets | 4 |  | 61,056 |  | 81,408
|  |  | 61,056 |  | 81,408
Current assets |  |  |  |  |
Stocks | 5 | 2,962,324 |  | 2,930,663 |
Debtors: amounts falling due within one year | 6 | 963,399 |  | 3,601,877 |
Cash at bank and in hand | 7 | 3,972 |  | 11,071 |
|  | 3,929,695 |  | 6,543,611 |
Creditors: amounts falling due within one year | 8 | (4,525,706) |  | (7,006,136) |
Net current liabilities |  |  | (596,011) |  | (462,525)
Total assets less current liabilities |  |  | (534,955) |  | (381,117)
Net liabilities |  |  | (534,955) |  | (381,117)
Capital and reserves |  |  |  |  |
Called up share capital | 10 |  | 100 |  | 100
Profit and loss account |  |  | (535,055) |  | (381,217)
|  |  | (534,955) |  | (381,117)
1
EEP DEVELOPMENTS LIMITED REGISTERED NUMBER:12873628
BALANCE SHEET (CONTINUED) AS AT 31 MARCH 2025 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. The company has opted not to file the profit and loss account 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 by:
E E C Pickering
Director
Date: 19 January 2026
The notes on pages 3 to 7 form part of these financial statements. 2
EEP DEVELOPMENTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
1. | General information
EEP Developments Limited is a private company, limited by shares, registered in England and Wales, registration number 12873628. The registered office address is Elsley Court, 20-22 Great Titchfield Street, London, W1W 8BE. The principal activity of the company is that of the acquisition and development of land and buildings projects for onward rental and sale. 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 Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The company's functional and presentational currency is pound sterling. The following principal accounting policies have been applied:
| 2.2 | Going concern
The financial statements have been prepared on the going concern basis as the parent company has confirmed to continue to provide necessary funding in order for the company to maintain operations and meet liabilities in full for at least the next 12 months. On this basis, the director is satisfied that the financial statements should be prepared on a going concern basis.
| 2.3 | Interest income
Interest income is recognised in profit or loss using the effective interest method.
| 2.4 | Finance costs
Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument. 3
EEP DEVELOPMENTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.5 | Current and deferred taxation
The tax expense for the year comprises current and deferred tax. 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 corporation tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the company operates and generates income. Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that: ∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and ∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met. Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
| 2.6 | 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, on a reducing balance basis. Depreciation is provided on the following basis:
|  |  |  | Motor vehicles | - | 25% | Reducing balance method
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.
| 2.7 | Stocks
Stock of property is valued at the lower of cost and net realisable value.
| 2.8 | Debtors
Short-term debtors are measured at transaction price, less any impairment. 4
EEP DEVELOPMENTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2.Accounting policies (continued)
| 2.9 | 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.
| 2.10 | Creditors
Short-term creditors are measured at the transaction price.
| 2.11 | Financial instruments
The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as trade and other debtors and creditors, loans from banks and other third parties and loans to related parties.
3. | Employees
| The average monthly number of employees, including the director, during the year was 1 (2024 - 1).
4. | Tangible fixed assets
|  | Motor vehicles
|  | £
| Cost |
| At 1 April 2024 | 144,726
| At 31 March 2025 | 144,726
| Depreciation |
| At 1 April 2024 | 63,318
| Charge for the year | 20,352
| At 31 March 2025 | 83,670
| Net book value |
| At 31 March 2025 | 61,056
| At 31 March 2024 | 81,408
5
EEP DEVELOPMENTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
5. | Stocks
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Stock of property | 2,962,324 | 2,930,663
| Stock includes the capitalised cost of property acquisition and directly attributable preliminary development costs
6. | Debtors
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Other debtors | 29,880 | 2,671,564
| Prepayments and accrued income | 515 | 478
| Tax recoverable | 918,217 | 918,217
| Deferred taxation | 14,787 | 11,618
|  | 963,399 | 3,601,877
7. | Cash
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Cash at bank and in hand | 3,972 | 11,071
8. | Creditors: amounts falling due within one year
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Amounts owed to group undertakings | 3,507,639 | 6,082,684
| Corporation tax | 918,718 | 918,217
| Accruals | 99,349 | 5,235
|  | 4,525,706 | 7,006,136
6
EEP DEVELOPMENTS LIMITED
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
9. | Deferred taxation
|  | 2025
|  | £
| At beginning of year | 11,618
| Charged to profit or loss | 3,169
| At end of year | 14,787
| The deferred tax asset is made up as follows:
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
| Accelerated capital allowances | 14,787 | 11,618
10. | Share capital
|  |  |  |  | 2025 | 2024
|  |  |  |  | £ | £
|  | Allotted, called up and fully paid |  |
|  | 100 (2024 - 100) Ordinary shares of £1 each | 100 | 100
11. | Related party transactions
| No disclosure has been made of transactions with other wholly owned group companies in accordance with FRS 102 section 1A paragraph 1AC.35. Included within other debtors at the year end is an amount of £Nil (2024 - £2,629,659) due from the director of the company. The loan is interest free and repayable on demand. Included within other debtors is a balance of £29,240 (2024 - £29,240) due from a company wholly owned by the director's close family member. The loan is interest free and repayable on demand.
7