Estella Properties Limited - Filleted accounts

Registered number

00605825

Estella Properties Limited

Unaudited Filleted Accounts

15 June 2025

Estella Properties Limited
Registered number:		00605825
Balance Sheet
as at 15 June 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		21,600			24,300

Current assets
Debtors	4	20,727			8,806
Cash at bank and in hand		237,738			224,518
		258,465			233,324

Creditors: amounts falling due within one year	5	(52,818)			(49,900)

Net current assets			205,647			183,424

Net assets			227,247			207,724

Capital and reserves
Called up share capital			100			100
Revaluation reserve	6		92,348			92,348
Profit and loss account			134,799			115,276

Shareholders' funds			227,247			207,724

The directors are 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 directors acknowledge their 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.




S Winegarten
Director
Approved by the board on 16 June 2026

Estella Properties Limited
Notes to the Accounts
for the period from 17 June 2024 to 15 June 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings	over 50 years

	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.


2	Employees		2025		2024
Number				Number

	Average number of persons employed by the company		2		3


3	Tangible fixed assets
					Land and buildings
£
	Cost
	At 17 June 2024				135,000
	At 15 June 2025				135,000

	Depreciation
	At 17 June 2024				110,700
	Charge for the period				2,700
	At 15 June 2025				113,400

	Net book value
	At 15 June 2025				21,600
	At 16 June 2024				24,300


	Freehold land and buildings:		2025		2024
£				£
	Historical cost		44,430		44,430
	Cumulative depreciation based on historical cost		38,227		37,338
			6,203		7,092


4	Debtors		2025		2024
£				£

	Other debtors		20,727		8,806


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

	Taxation and social security costs		8,262		5,344
	Other creditors		44,556		44,556
			52,818		49,900


6	Revaluation reserve		2025		2024
£				£

	At 17 June 2024		92,348		92,348

	At 15 June 2025		92,348		92,348


7	Other information

	Estella Properties Limited is a private company limited by shares and incorporated in England. Its registered office is:
	114 Albert Avenue
	Prestwich
	Manchester
	M25 0LU