ERISTONE PROPERTIES LIMITED - Filleted accounts

Registered number

04844116

ERISTONE PROPERTIES LIMITED

Filleted Accounts

31 July 2025

ERISTONE PROPERTIES LIMITED
Registered number:		04844116
Balance Sheet
as at 31 July 2025

Notes			2025			2024
£				£
Fixed assets
Investments	3		69,781			69,781

Current assets
Debtors	4	358,336			345,884
Cash at bank and in hand		2			2
		358,338			345,886

Creditors: amounts falling due within one year	5	(260,120)			(255,214)

Net current assets			98,218			90,672

Total assets less current liabilities			167,999			160,453

Creditors: amounts falling due after more than one year	6		(3,079,531)			(3,061,932)



Net liabilities			(2,911,532)			(2,901,479)

Capital and reserves
Called up share capital			2			2
Revaluation reserve	7		(196,610)			(196,610)
Profit and loss account			(2,714,924)			(2,704,871)

Shareholders' funds			(2,911,532)			(2,901,479)

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Savvas KONSTANTINOU
Director
Approved by the board on 29.04.2026

ERISTONE PROPERTIES LIMITED
Notes to the Accounts
for the year ended 31 July 2025


1	Accounting policies

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.




2	Employees				2025		2024
Number						Number

	Average number of persons employed by the company				0		0

3	Investments
Investments in
subsidiary				Other
undertakings				investments		Total
£				£		£
	At 1 August 2024		69,781		-		69,781
	Impairment		-		-		-

	At 31 July 2025		69,781		-		69,781

	Subsidiary undertaking
	The following was a subsidiary undertaking of the Company:
	Name				Class of shares	Holding
	"ARCHE CLAIRE" SIA	Latvia			Ordinary		80%
	LLC "Zodchiy-lnvest"	Russian Federation			Ordinary		1%

	Associated

	LLC "Service Garant"	Russian Federation			Ordinary		21.50%
	LLC "Noriya+"	Russian Federation			Ordinary		34%
	LLC "Lider Garant"	Russian Federation			Ordinary		50%

4	Debtors				2025		2024
£						£

	Trade debtors				-		-
	Other debtors				358,336		345,884
	Provisions for impairment of receivables						-
					358,336		345,884

5	Creditors: amounts falling due within one year				2025		2024
£						£

	Accruels				1,496		1,401
	Other creditors				258,624		253,813
					260,120		255,214


6	Creditors: amounts falling due after one year				2025		2024
£						£

	Other creditors				3,079,531		3,061,932
					3,079,531		3,061,932











7	Revaluation reserve				2025		2024
£						£

	At 1 August 2024				(196,610)		(196,610)

	At 31 July 2025				(196,610)		(196,610)


8	Other information

	ERISTONE PROPERTIES LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
	5 st John's Lane
	London
	United Kingdom
	EC1M 4BH