Registration number: 00490115

Eastbrook Properties Limited

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 9

Eastbrook Properties Limited

Company Information

Directors

Mr GM Sheppard Mrs SE Sheppard Mr TG Sheppard Ms JJ Sheppard Ms NS Sheppard

Registered office

1 Blatchington Road Hove East Sussex United Kingdom BN3 3YP

Accountants

Durston Gibb Chartered Accountants1 Blatchington Road Hove East Sussex BN3 3YP

Eastbrook Properties Limited

(Registration number: 00490115)
Balance Sheet as at 30 September 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	819	1,163
Investment property	5	1,313,711	1,313,711
Investments	6	60,380	60,380
		1,374,910	1,375,254
Current assets
Stocks	7	367,028	367,028
Debtors	8	186,644	37,133
Cash at bank and in hand		420,392	430,450
		974,064	834,611
Creditors: Amounts falling due within one year	9	(154,551)	(135,910)
Net current assets		819,513	698,701
Total assets less current liabilities		2,194,423	2,073,955
Provisions for liabilities		(159,943)	(159,943)
Net assets		2,034,480	1,914,012
Capital and reserves
Called up share capital	10	3,012	3,012
Retained earnings		2,031,468	1,911,000
Shareholders' funds		2,034,480	1,914,012

For the financial 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.

Directors' 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 directors acknowledge their 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 directors have not delivered to the registrar a copy of the Profit and Loss Account.

Eastbrook Properties Limited

(Registration number: 00490115)
Balance Sheet as at 30 September 2025

Approved and authorised by the Board on 24 April 2026 and signed on its behalf by:
 

......................................... Mr GM Sheppard Director

Eastbrook Properties Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

1	General information

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

The address of its registered office is:
1 Blatchington Road
Hove
East Sussex
BN3 3YP
United Kingdom

These financial statements were authorised for issue by the Board on 24 April 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 except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover is recognised at the fair value of the consideration received or receivable for properties sold or rental services provided in the normal course of business.

Revenue from the sale of properties is recognised when completion of the property sale has taken place and title has passed to the buyer.

Revenue from contracts for the provision of rental services is recognised by reference to the period to which the rent relates.

Tax

The tax expense for the period comprises current tax and is recognised in profit or loss.

Eastbrook Properties Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date.

Deferred tax liabilities are generally recognised for all timing differences. Such liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other liabilities in a transaction that affects neither the tax profit nor the accounting profit.

Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss acccount, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is charged so as to write off the cost of assets over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Fixtures and fittings	15% reducing balance
Computers	33% reducing balance

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by the Directors. The Directors use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Investments

Interests in associates are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

An associate is an entity, being neither a subsidiary nor a joint venture, in which the company holds a long-term interest and where the company has significant influence. The company considers that it has significant influence where it has the power to participate in the financial and operating decisions of the associate.

Cash and cash equivalents

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

Eastbrook Properties Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the #tErm5 to their present location and condition.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable 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. Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity and equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 5 (2024 - 5).

Eastbrook Properties Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

4	Tangible assets

	Furniture, fittings and equipment  £	Total £
Cost or valuation
At 1 October 2024	26,252	26,252
At 30 September 2025	26,252	26,252
Depreciation
At 1 October 2024	25,089	25,089
Charge for the year	344	344
At 30 September 2025	25,433	25,433
Carrying amount
At 30 September 2025	819	819
At 30 September 2024	1,163	1,163

5	Investment properties

	2025 £
At 1 October	1,313,711
At 30 September	1,313,711

Investment property comprises freehold and long leasehold land and buildings. The fair value of the investment property has been arrived at on the basis of a valuation carried out at 30 September 2025 by the Directors. The valuation was made on an open market value basis by reference to market evidence of transaction prices for similar properties.

There has been no valuation of investment property by an independent valuer.

Eastbrook Properties Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

6	Investments

	2025 £	2024 £
Investments in associates	60,380	60,380