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Registration number: 16057395

Eire Developments Limited
Unaudited Filleted Financial Statements
for the Period from 4 November 2024 to 30 November 2025

Eire Developments Limited

Contents

Company Information | 1
Balance Sheet | 2 to 3
Notes to the Unaudited Financial Statements | 4 to 8

Eire Developments Limited

Company Information

Directors | Mr Eoin Spring Mr Timo Barry

Registered office | 71-75 Shelton Street Covent Garden London WC2H 9JQ

Accountants | Carbon Accountancy Limited Chartered Accountants 80-83 Long Lane London EC1A 9ET

Eire Developments Limited

(Registration number: 16057395)
Balance Sheet as at 30 November 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Investments | 4 | 186 | -
Current assets |  |  |
Debtors | 5 | 168,918 | -
Cash at bank and in hand |  | 23,956 | -
|  | 192,874 | -
Creditors: Amounts falling due within one year | 6 | (263,503) | -
Net current liabilities |  | (70,629) | -
Net liabilities |  | (70,443) | -
Capital and reserves |  |  |
Called up share capital | 7 | 12 | -
Retained earnings |  | (70,455) | -
Shareholders' deficit |  | (70,443) | -

For the financial period ending 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

For the financial period ending 30 November 2025 the company was entitled to exemption from audit under section 479A of the Companies Act 2006 relating to subsidiary companies.

For the financial period ending 30 November 2025 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the period 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 in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been 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.

Approved and authorised by the Board on 30 July 2026 and signed on its behalf by:

Eire Developments Limited

(Registration number: 16057395)
Balance Sheet as at 30 November 2025

......................................... Mr Eoin Spring Director

Eire Developments Limited

Notes to the Unaudited Financial Statements for the Period from 4 November 2024 to 30 November 2025

1 | General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
71-75 Shelton Street
Covent Garden
London
WC2H 9JQ
United Kingdom

These financial statements were authorised for issue by the Board on 30 July 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

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities 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.

Going concern

The financial statements have been prepared on a going concern basis.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.
Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Business combinations

Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.

Eire Developments Limited

Notes to the Unaudited Financial Statements for the Period from 4 November 2024 to 30 November 2025

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.
Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

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. 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.
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. 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. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the period, was 2 (2024 - 0).

4 | Investments

| 2025 £ | 2024 £
Investments in subsidiaries | 186 | -

Eire Developments Limited

Notes to the Unaudited Financial Statements for the Period from 4 November 2024 to 30 November 2025

Subsidiaries | £
Cost or valuation
Additions | 186
Provision
Carrying amount
At 30 November 2025 | 186

Details of undertakings

Details of the investments (including principal place of business of unincorporated entities) in which the company holds 20% or more of the nominal value of any class of share capital are as follows:

Undertaking | Registered office | Holding | Proportion of voting rights and shares held
|  |  | 2025 | 2024
Subsidiary undertakings
Westminster Manor Homes Limited | 75 La Rochelle, Back Lane, Christchurch, Dublin,Ireland Ireland | Ordinary | 100% | 0%
Alpha MMC Limited | 75 La Rochelle, Back Lane, Christchurch, Dublin,Ireland Ireland | Ordinary | 100% | 0%

5 | Debtors

Current | Note | 2025 £ | 2024 £
Amounts owed by related parties | 9 | 168,918 | -
|  | 168,918 | -

Eire Developments Limited

Notes to the Unaudited Financial Statements for the Period from 4 November 2024 to 30 November 2025

6 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Amounts owed to group undertakings and undertakings in which the company has a participating interest | 9 | 263,419 | -
Other creditors |  | 84 | -
|  | 263,503 | -

7 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary of £0.01 each of £0.01 (2024 - £0) each | 1,200 | 12.00 | - | -

8 | Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet
The company has provided a guarantee for its subsidiary, Westminster Manor Homes Limited, by granting a share charge over its own shares as security for the subsidiary's loan.

9 | Related party transactions

Summary of transactions with subsidiaries

Westminster Manor Homes Limited During the year, the company provided an interest- free loan to one of its subsidiaries Westminster Manor Homes Limited of €150,000. The loan is repayable on demand.
Alpha MMC Limited During the year, the company has provided an interest- free loan of €41,880.00 to one of its subsidiaries Alpha MMC Limited. The loan is repayable on demand.

Eire Developments Limited

Notes to the Unaudited Financial Statements for the Period from 4 November 2024 to 30 November 2025

Summary of transactions with associates

ALGO Holdings Limited During the year, the company received an interest free loan from ALGO Holdings Limited of €149,997. The loan is repayable on demand
Aidan Hsu During the year, the company received interest free laon of €150,000 from Aidan Hsu. The loan is repayable on demand.