REGISTERED NUMBER: 03087253 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

EAST OF INDIA LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J Ayris

A F Spratling

SECRETARY:

J Ayris

REGISTERED OFFICE:

The Old Brewery

Park Farm Close

Folkestone

Kent

CT19 5DU

REGISTERED NUMBER:

03087253 (England and Wales)

ACCOUNTANTS:

Crowe U.K. LLP

2nd Floor

Medway Bridge House

1-8 Fairmeadow

Maidstone

Kent

ME14 1JP

FIXED ASSETS

Tangible assets

4

68,349

75,235

Investments

5

100

-

Investment property

6

75,886

75,886

144,335

151,121

CURRENT ASSETS

Stocks

2,674,384

2,742,215

Debtors

7

861,928

990,874

Investments

8

14,003,523

12,441,815

Cash at bank and in hand

2,055,912

1,613,292

19,595,747

17,788,196

CREDITORS

Amounts falling due within one year

9

580,490

682,665

NET CURRENT ASSETS

19,015,257

17,105,531

TOTAL ASSETS LESS CURRENT LIABILITIES

19,159,592

17,256,652

PROVISIONS FOR LIABILITIES

538,736

534,140

NET ASSETS

18,620,856

16,722,512

CAPITAL AND RESERVES

Called up share capital

102

102

Retained earnings

18,620,754

16,722,410

18,620,856

16,722,512

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 April 2026 and were signed on its behalf by:

J Ayris - Director

A F Spratling - Director

1.	STATUTORY INFORMATION

East of India 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.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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 provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Going concern

At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for at least 12 months following the approval of these financial statements. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

Preparation of consolidated financial statements

The financial statements contain information about East of India Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods provided in the normal course of business, and is shown net of VAT. The fair value of consideration takes into account trade and settlement discounts. Turnover from the sale of goods is recognised at the point of sale.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Short leasehold

-

15 years on cost

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Investment property

Investment property, which is property for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. Changes in fair value are recognised in profit or loss.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition. Provision is made for damaged, obsolete and slow moving stock where appropriate.

Financial instruments

The company has elected to apply the recognition and measurement provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are measured at transaction price including transaction costs.

Other financial assets

Other financial assets are initially measured at fair value, which is normally the transaction price. Such assets are subsequently carried at fair value and the changes in fair value are recognised in profit of loss.

Basic financial liabilities

Basic financial liabilities, including creditors, are recognised at transaction price.

Taxation

The tax expense represents the sum of the tax currently payable or receivable and deferred tax.

Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Hire purchase and leasing commitments

Rentals payable under operating leases are charged to profit or loss on a straight line basis over the term of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 26 (2024 - 28 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

Cost

At 1 January 2025

174,497

218,475

392,972

Additions

-

2,402

2,402

Disposals

-

(1,289

)

(1,289

)

At 31 December 2025

174,497

219,588

394,085

Depreciation

At 1 January 2025

140,078

177,659

317,737

Charge for year

2,475

6,709

9,184

Eliminated on disposal

-

(1,185

)

(1,185

)

At 31 December 2025

142,553

183,183

325,736

Net book value

At 31 December 2025

31,944

36,405

68,349

At 31 December 2024

34,419

40,816

75,235

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertaking

£

Cost

Additions

100

At 31 December 2025

100

Net book value

At 31 December 2025

100

6.	INVESTMENT PROPERTY

Total

£

Fair value

At 1 January 2025

and 31 December 2025

75,886

Net book value

At 31 December 2025

75,886

At 31 December 2024

75,886

In the opinion of the directors, the fair value of the investment property, being freehold land, as at 31 December 2025, arrived at on the basis of open market value, amounts to £75,886 (2024 - £75,886). The valuation includes the impact of market conditions.

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

86,544

93,613

Other debtors

775,384

897,261

861,928

990,874

Other debtors includes an amount of £469,915 (2024 - £624,316) due to the company from the directors and the associated s455 tax of £152,496 (2024 - £175,000).

8.	CURRENT ASSET INVESTMENTS

2025

2024

£

£

Listed investments

14,003,523

12,441,815

Other investments are held in an investment portfolio, which is managed by the company's Financial Planners. The investments are included in the financial statements at fair value, which was determined by reference to valuations produced by the investment managers.

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

39,967

39,661

Taxation and social security

500,769

597,996

Other creditors

39,754

45,008

580,490

682,665

10.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

130,435

112,272

Between one and five years

242,919

275,100

373,354

387,372

11.	FINANCIAL COMMITMENTS, GUARANTEES AND CONTINGENT LIABILITIES

The Company has provided a guarantee in favour of HM Revenue and Customs to the value of £10,000 in respect of VAT liabilities.

12.	POST BALANCE SHEET EVENTS

On 16 February 2026, 2 B Ordinary shares of £1.00 were purchased by the company for £10,000 and subsequently cancelled.

13.	DIRECTORS' TRANSACTIONS

During the year, the company made advances totalling £17,261 (2024 - £15,112) to the directors. Repayments totalling £171,662 (2024 - £171,612) were made in respect of these advances. The overdrawn balances incurred interest at HMRC approved rates.