1 August 2024 false No description of principal activity Taxfiler 2024.6 12742310 business:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 12742310 2024-07-31 12742310 2024-08-01 2025-07-31 12742310 business:AuditExempt-NoAccountantsReport 2024-08-01 2025-07-31 12742310 business:FilletedAccounts 2024-08-01 2025-07-31 12742310 2025-07-31 12742310 business:Director1 2024-08-01 2025-07-31 12742310 business:Director2 2024-08-01 2025-07-31 12742310 business:RegisteredOffice 2024-08-01 2025-07-31 12742310 2024-07-31 12742310 core:WithinOneYear 2025-07-31 12742310 core:WithinOneYear 2024-07-31 12742310 core:AfterOneYear 2025-07-31 12742310 core:AfterOneYear 2024-07-31 12742310 core:ShareCapital core:PreviouslyStatedAmount 2025-07-31 12742310 core:ShareCapital core:PreviouslyStatedAmount 2024-07-31 12742310 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-07-31 12742310 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-07-31 12742310 core:PreviouslyStatedAmount 2025-07-31 12742310 core:PreviouslyStatedAmount 2024-07-31 12742310 business:SmallEntities 2024-08-01 2025-07-31 12742310 countries:EnglandWales 2024-08-01 2025-07-31 12742310 core:LandBuildings 2024-07-31 12742310 core:LandBuildings 2025-07-31 12742310 2023-08-01 2024-07-31 iso4217:GBP xbrli:pure
Company Registration No. 12742310 (England and Wales)
EXPLORE ESTATES LTD Unaudited accounts for the year ended 31 July 2025
EXPLORE ESTATES LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
EXPLORE ESTATES LTD Company Information for the year ended 31 July 2025
Directors
Mircea Robert Radulescu Belinda Kocisova
Company Number
12742310 (England and Wales)
Registered Office
Flat 28 34a Thomas Road Tower Hamlets Londonj E14 7YX UK
- 3 -
EXPLORE ESTATES LTD Statement of financial position as at 31 July 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
73,000
73,000
Current assets
Cash at bank and in hand
2,052
1,783
Creditors: amounts falling due within one year
5
(1,395)
(1,357)
Net current assets
657
426
Total assets less current liabilities
73,657
73,426
Creditors: amounts falling due after more than one year
6
(75,766)
(75,766)
Net liabilities
(2,109)
(2,340)
Capital and reserves
Called up share capital
2
2
Profit and loss account
(2,111)
(2,342)
Shareholders' funds
(2,109)
(2,340)
For the year ending 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 13 April 2026 and were signed on its behalf by
Mircea Robert Radulescu Director Company Registration No. 12742310
- 4 -
EXPLORE ESTATES LTD Notes to the Accounts for the year ended 31 July 2025
1
Statutory information
EXPLORE ESTATES LTD is a private company, limited by shares, registered in England and Wales, registration number 12742310. The registered office is Flat 28 34a Thomas Road, Tower Hamlets, Londonj, E14 7YX, UK.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings
£
Cost or valuation
At cost
At 1 August 2024
73,000
At 31 July 2025
73,000
Depreciation
At 31 July 2025
-
Net book value
At 31 July 2025
73,000
At 31 July 2024
73,000
5
Creditors: amounts falling due within one year
2025
2024
£
£
Taxes and social security
289
250
Other creditors
746
747
Accruals
360
360
1,395
1,357
- 5 -
EXPLORE ESTATES LTD Notes to the Accounts for the year ended 31 July 2025
6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
75,766
75,766
7
Average number of employees
During the year the average number of employees was 0 (2024: 0).
- 6 -