REGISTERED NUMBER: 04082562 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

FOR

EUROWORLD PROPERTIES LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr M Karachristou

REGISTERED OFFICE:

Solar House

282 Chase Road

London

N14 6NZ

REGISTERED NUMBER:

04082562 (England and Wales)

ACCOUNTANTS:

Freemans Partnership LLP

Chartered Certified Accountants

Solar House

282 Chase Road

London

N14 6NZ

FIXED ASSETS

Tangible assets

4

1,930

2,574

Investment property

5

1,688,784

1,688,784

1,690,714

1,691,358

CURRENT ASSETS

Debtors

6

157,771

314,252

Cash at bank and in hand

62,831

33,046

220,602

347,298

CREDITORS

Amounts falling due within one year

7

71,059

228,212

NET CURRENT ASSETS

149,543

119,086

TOTAL ASSETS LESS CURRENT LIABILITIES

1,840,257

1,810,444

CREDITORS

Amounts falling due after more than one year

8

(1,184,400

)

(1,184,650

)

PROVISIONS FOR LIABILITIES

11

(40,691

)

(40,691

)

NET ASSETS

615,166

585,103

CAPITAL AND RESERVES

Called up share capital

12

2

2

Fair value reserve

298,166

298,166

Retained earnings

316,998

286,935

SHAREHOLDERS' FUNDS

615,166

585,103

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

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

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 June 2026 and were signed by:

Mr M Karachristou - Director

1.	STATUTORY INFORMATION

Euroworld Properties Ltd 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.

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 as modified by the revaluation of certain assets.

Turnover

Turnover represents amounts derived from rents charged to tenants during the year, and is recognised at the date the rental period occurred. This is stated after trade discounts and other sales taxes.

Tangible fixed assets

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

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 November 2024

and 31 October 2025

13,623

816

14,439

DEPRECIATION

At 1 November 2024

11,661

204

11,865

Charge for year

491

153

644

At 31 October 2025

12,152

357

12,509

NET BOOK VALUE

At 31 October 2025

1,471

459

1,930

At 31 October 2024

1,962

612

2,574

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 November 2024

and 31 October 2025

1,688,784

NET BOOK VALUE

At 31 October 2025

1,688,784

At 31 October 2024

1,688,784

Fair value at 31 October 2025 is represented by:

£

Valuation in 2017

338,857

Cost

1,349,927

1,688,784

As at year end, the directors deem the investment properties to be held at market value.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade debtors

-

3,266

Other debtors

2,890

890

Amounts due from related

company

153,801

308,801

Prepayments

1,080

1,295

157,771

314,252

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade creditors

4,311

1,325

Corporation tax payable

7,320

1,849

Director`s loan accounts

55,580

223,718

Deferred income

2,000

-

Accrued expenses

1,848

1,320

71,059

228,212

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.10.25

31.10.24

£

£

Bank loans (see note 9)

1,184,400

1,184,650

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loan more 5 yr non-instal

1,184,400

1,184,650

9.

LOANS

An analysis of the maturity of loans is given below:

31.10.25

31.10.24

£

£

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loan more 5 yr non-instal

1,184,400

1,184,650

10.	SECURED DEBTS

The following secured debts are included within creditors:

31.10.25

31.10.24

£

£

Bank loans

1,184,400

1,184,650

The bank loans are secured by a first legal charge over the freehold and leasehold properties of the company.

11.	PROVISIONS FOR LIABILITIES

31.10.25

31.10.24

£

£

Deferred tax

40,691

40,691

Deferred

tax

£

Balance at 1 November 2024

40,691

Balance at 31 October 2025

40,691

12.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.25

31.10.24

value:

£

£

2

Ordinary

£1

2

2