Registrar

Registration number: 09168340

EFES 3 Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 7

EFES 3 Limited

Company Information

Directors

B N Butt

Registered office

Office 4, Roebuck House 2-3 Cromwell Centre Hainault Business Park Ilford IG6 3UG

Accountants

Lambert Chapman LLP Chartered Accountants 3 Warners Mill Silks Way Braintree Essex CM7 3GB

EFES 3 Limited

(Registration number: 09168340)
Balance Sheet as at 31 August 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	220,384	245,835
Current assets
Stocks	5	5,400	5,000
Debtors	6	19,568	12,099
Cash at bank and in hand		1,918	2,184
		26,886	19,283
Creditors: Amounts falling due within one year	7	(318,697)	(340,717)
Net current liabilities		(291,811)	(321,434)
Total assets less current liabilities		(71,427)	(75,599)
Creditors: Amounts falling due after more than one year	7	(157,222)	(167,728)
Net liabilities		(228,649)	(243,327)
Capital and reserves
Called up share capital	8	300	300
Share premium reserve		60,000	60,000
Retained earnings		(288,949)	(303,627)
Shareholders' deficit		(228,649)	(243,327)

For the financial year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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 director acknowledges her 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 director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 28 May 2026
 

B N Butt
Director

EFES 3 Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

1	General information

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

The address of its registered office is: Office 4, Roebuck House, 2-3 Cromwell Centre, Hainault Business Park, Ilford, IG6 3UG.

The principal place of business is: 230 Mile End Road, London, E1 4LJ.

These financial statements were authorised for issue by the director on 28 May 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.

These financial statements are presented in Sterling (£), which is the company's functional currency.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts.

The company recognises revenue when:
- the amount of revenue can be reliably measured;
- it is probable that future economic benefits will flow to the entity;
- and specific criteria have been met for each of the company's activities.

Tax

Current Tax is recognised in the profit and loss account, 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.

Deferred tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation.

EFES 3 Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

Depreciation

Depreciation is charged so as to write off the cost or valuation of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Improvements to leasehold property	Over the term of the lease
Fixtures, fittings and office equipment	25% Reducing balance
Plant and machinery	25% Reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors 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.

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.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 12 (2024 - 14).

EFES 3 Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

4	Tangible assets

	Improvements to leasehold property £	Fixtures, fittings & office equipment  £	Plant and machinery  £	Total £
Cost or valuation
At 1 September 2024	416,586	90,848	2,742	510,176
Additions	134	2,919	-	3,053
At 31 August 2025	416,720	93,767	2,742	513,229
Depreciation
At 1 September 2024	189,414	72,426	2,501	264,341
Charge for the year	23,604	4,840	60	28,504
At 31 August 2025	213,018	77,266	2,561	292,845
Carrying amount
At 31 August 2025	203,702	16,501	181	220,384
At 31 August 2024	227,172	18,422	241	245,835

5

Stocks

	2025 £	2024 £
Other inventories	5,400	5,000

6

Debtors

	2025 £	2024 £
Trade debtors	2,867	2,601
Prepayments	9,341	6,538
Other debtors	7,360	2,960
	19,568	12,099

EFES 3 Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

7

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	9	10,479	10,478
Trade creditors		100,949	124,561
Taxation and social security		136,995	86,439
Accruals and deferred income		2,470	33,559
Other creditors		45,576	44,782
Directors loan		22,228	40,898
		318,697	340,717

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	9	157,222	167,728

8	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary shares of £1 each	300	300	300	300

EFES 3 Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

9	Loans and borrowings

Current loans and borrowings

	2025 £	2024 £
Bank borrowings	10,479	10,478

Non-current loans and borrowings

	2025 £	2024 £
Bank borrowings	1,547	11,553
Other borrowings	155,675	156,175
	157,222	167,728

10	Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

The total amount of financial commitments not included in the balance sheet is £791,250 (2024 - £869,750). This commitment is in respect of non-cancellable operating leases.