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Registration number: 06432017

EED Properties Ltd
Unaudited Filleted Financial Statements
for the Year Ended 30 November 2025

EED Properties Ltd

Contents

Company Information | 1
Balance Sheet | 2
Statement of Changes in Equity | 3
Notes to the Unaudited Financial Statements | 4 to 8

EED Properties Ltd

Company Information

Directors | N Georgiou G Georgiou

Company secretary | N Georgiou

Registered office | 590 Green Lanes Palmers Green London N13 5RY

Accountants | Thomas Alexander & Co Ltd 590 Green Lanes Palmers Green London N13 5RY

EED Properties Ltd

(Registration number: 06432017)
Balance Sheet as at 30 November 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Investment property | 4 | 945,458 | 945,458
Current assets |  |  |
Debtors | 5 | 36,000 | 36,000
Cash at bank and in hand |  | 25,540 | 12,181
|  | 61,540 | 48,181
Creditors: Amounts falling due within one year | 6 | (148,055) | (148,114)
Net current liabilities |  | (86,515) | (99,933)
Total assets less current liabilities |  | 858,943 | 845,525
Creditors: Amounts falling due after more than one year | 6 | (19,736) | (77,682)
Net assets |  | 839,207 | 767,843
Capital and reserves |  |  |
Called up share capital | 7 | 2 | 2
Retained earnings |  | 839,205 | 767,841
Shareholders' funds |  | 839,207 | 767,843

For the financial year ending 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' 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 directors acknowledge their 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 directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 30 March 2026 and signed on its behalf by:

......................................... G Georgiou Director

EED Properties Ltd

Statement of Changes in Equity for the Year Ended 30 November 2025

| Share capital £ | Retained earnings £ | Total £
At 1 December 2024 | 2 | 767,841 | 767,843
Profit for the year | - | 83,364 | 83,364
Dividends | - | (12,000) | (12,000)
At 30 November 2025 | 2 | 839,205 | 839,207

| Share capital £ | Retained earnings £ | Total £
At 1 December 2023 | 2 | 724,841 | 724,843
Profit for the year | - | 80,000 | 80,000
Dividends | - | (37,000) | (37,000)
At 30 November 2024 | 2 | 767,841 | 767,843

EED Properties Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

1 | General information

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

The address of its registered office is:
590 Green Lanes
Palmers Green
London
N13 5RY

The principal place of business is:
Unit 1 (Unit 8) Aragon Park
Foster Avenue
Dunstable
Bedfordshire
LU5 5GN

These financial statements were authorised for issue by the Board on 30 March 2026.

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 except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover represents amounts derived from rents charged to tenants during the period and is recognised at the date the rental period occurred. This is stated after discounts and other sales taxes.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, 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.

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 taxable income.

EED Properties Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use 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 profit or loss.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable 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.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

EED Properties Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

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. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 2).

4 | Investment properties

| 2025 £
At 1 December | 945,458
At 30 November | 945,458

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

The investment property has been recorded in the financial statements at historic cost which is considered by the directors to be equal to the fair value.

5 | Debtors

Current | 2025 £ | 2024 £
Trade debtors | 36,000 | 36,000
| 36,000 | 36,000

EED Properties Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

6 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Bank borrowings | 53,607 | 54,788
Trade creditors | 106 | 106
Taxation and social security | 33,658 | 32,536
Accruals and deferred income | 1,345 | 1,345
Director loan account | 150 | 150
Other creditors | 59,189 | 59,189
| 148,055 | 148,114

The bank loans and overdraft are secured by a fixed and floating charge over the assets of the company.

Creditors: amounts falling due after more than one year

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings |  | 19,736 | 77,682

The bank loans and overdraft are secured by a fixed and floating charge over the assets of the company.

7 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary shares of £1 each | 2 | 2 | 2 | 2

8 | Dividends

|  | 2025 |  | 2024
|  | £ |  | £
Interim dividend of £6,000.00 (2024 - £18,500.00) per ordinary share |  | 12,000 |  | 37,000

EED Properties Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2025

9 | Related party transactions

Summary of transactions with other related parties

Director loan account
Included in creditors is an amount of £150 (2024 : £150) owed to the directors of the company.

10 | Parent and ultimate parent undertaking

The company is a wholly owned subsidiary of Essential Branding Holdings Ltd, a company incorporated in the UK.