Company Registration No. 15170558 (England and Wales)
Enterprise Property Developments Limited
Unaudited accounts
for the year ended 30 September 2025
Enterprise Property Developments Limited
Unaudited accounts
Contents
Enterprise Property Developments Limited
Company Information
for the year ended 30 September 2025
Company Number
15170558 (England and Wales)
Registered Office
Enterprise Property Developments Limited
St. Vincent House
1 Cutler Street
Ipswich
Suffolk
IP1 1UQ
England
Accountants
Abacus Financial Accountants
12 Douglas Road
Goodmayes
London
IG3 8UX
Enterprise Property Developments Limited
Statement of financial position
as at 30 September 2025
Tangible assets
66,984
2,920
Investment property
4,500,000
4,155,221
Cash at bank and in hand
59,465
850,682
Creditors: amounts falling due within one year
(73,202)
(82,453)
Net current assets
480,134
1,250,014
Total assets less current liabilities
5,047,118
5,408,155
Creditors: amounts falling due after more than one year
(4,811,230)
(5,355,107)
Provisions for liabilities
Deferred tax
(98,506)
(555)
Called up share capital
100
100
Profit and loss account
137,282
52,393
Shareholders' funds
137,382
52,493
For the year ending 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 21 May 2026 and were signed on its behalf by
Hasan Kaya
Director
Company Registration No. 15170558
Enterprise Property Developments Limited
Notes to the Accounts
for the year ended 30 September 2025
Enterprise Property Developments Limited is a private company, limited by shares, registered in England and Wales, registration number 15170558. The registered office is Enterprise Property Developments Limited, St. Vincent House, 1 Cutler Street, Ipswich, Suffolk, IP1 1UQ, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The financial statements have been prepared under the historical cost convention as modified by the revaluation of investment property to fair value.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
Over 5 years
Computer equipment
Over 5 years
Other tangible fixed assets
Over 10 years
Loan provided by directors
Long-term liabilities include unsecured loans from the directors which were used to finance the purchase of land and buildings.
During the year, the company made substantial repayments towards these loans from available cash reserves.
The directors have confirmed that repayment of the outstanding balances will not be required within 12 months from the date of approval of these financial statements.
Loan receivable from third party company – £408,750 (2024: £450,000)
The loan is unsecured, interest free and repayable in accordance with agreed repayment terms.
Investment property is included at market fair value. Changes in fair value are recognised in profit or loss in the period in which they arise.
Deferred taxation is provided on fair value gains at the rate expected to apply when the gain reverses.
Enterprise Property Developments Limited
Notes to the Accounts
for the year ended 30 September 2025
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 October 2024
-
3,650
3,650
At 30 September 2025
72,805
3,650
76,455
At 1 October 2024
-
730
730
Charge for the year
8,011
730
8,741
At 30 September 2025
8,011
1,460
9,471
At 30 September 2025
64,794
2,190
66,984
At 30 September 2024
-
2,920
2,920
Fair value at 1 October 2024
4,155,221
Net gain from fair value adjustments
344,779
At 30 September 2025
4,500,000
The directors assessed the fair value of the investment property during the year with reference to market evidence. This revaluation gain is reflected in the accounts.
Amounts falling due within one year
Trade debtors
85,121
31,785
Other debtors
40,000
40,000
Amounts falling due after more than one year
Other debtors
368,750
410,000
Enterprise Property Developments Limited
Notes to the Accounts
for the year ended 30 September 2025
7
Creditors: amounts falling due within one year
2025
2024
Trade creditors
40,327
46,969
Taxes and social security
13,794
17,380
8
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
2,722,132
2,289,935
Loans from directors
2,089,098
3,065,172
9
Deferred taxation
2025
2024
Accelerated capital allowances
12,866
555
Revaluation of investment property
85,640
-
Provision at start of year
555
-
Charged to the profit and loss account
97,951
555
Provision at end of year
98,506
555
Deferred tax is recognized in respect of all timing differences that have originated but not reversed at the balance sheet date. This applies where transactions or events that result in an obligation to pay more tax in the future, or a right to pay less tax in the future, have occurred at the balance sheet date.
Deferred tax assets are recognized only to the extent that it is more likely than not that they will be recovered against the reversal of deferred tax liabilities or future taxable profits.
Deferred tax is measured using the tax rates that are expected to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the balance sheet date. The current rate utilised is 19% for accelerated capital allowances and 25% on the revaluation of investment property.
10
Average number of employees
During the year the average number of employees was 2 (2024: 2).