EML City Square Holdings Limited iXBRL

Company Registration Number: 14187518

EML City Square Holdings Limited

Unaudited Financial Statements

for the financial year ended 30 November 2025

EML City Square Holdings Limited

DIRECTORS AND OTHER INFORMATION


Directors	Mr E Laverty
	Mrs M Laverty


Company Secretary	Ms I Gillis


Company Registration Number	14187518


Registered Office	Drury Works
	4 Parker Street
	London
	WC2B 5PH
	United Kingdom


Accountants	ASM (M) Ltd
	Chartered Accountants
	The Diamond Centre
	Market Street
	Magherafelt

EML City Square Holdings Limited

ACCOUNTANTS REPORT

to the Board of Directors on the Compilation of the unaudited financial statements of EML City Square Holdings Limited

for the financial year ended 30 November 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have compiled for your approval the financial statements of the company for the financial year ended 30 November 2025 as set out on pages to which comprise the Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given to us.

This report is made solely to the Board of Directors of EML City Square Holdings Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken so that we might compile the financial statements that we have been engaged to compile, report to the company’s Board of Directors that we have done so, and state those matters that we have agreed to state to them in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and its Board of Directors, as a body, for our work or for this report.

We have carried out this engagement in accordance with guidance issued by the Institute of Chartered Accountants in Ireland and have complied with the relevant ethical guidance laid down by the Institute of Chartered Accountants in Ireland relating to members undertaking the compilation of financial statements.

You have acknowledged on the Statement of Financial Position for the year ended 30 November 2025 your duty to ensure that EML City Square Holdings Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of EML City Square Holdings Limited. You consider that EML City Square Holdings Limited is exempt from the statutory audit requirement for the financial year.

We have not been instructed to carry out an audit or a review of the financial statements of EML City Square Holdings Limited. For this reason, we have not verified the adequacy, accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

ASM (M) LTD

Chartered Accountants

The Diamond Centre

Market Street

Magherafelt

11 August 2026

EML City Square Holdings Limited

Company Registration Number: 14187518

STATEMENT OF FINANCIAL POSITION

as at 30 November 2025

		2025	2024
	Notes	£	£

Fixed Assets

Investments

4,647,337

4,476,409

─────────

Current Assets

Receivables

24,199,066

21,525,688

Payables: amounts falling due within one year

(2,000)

(1,420)

─────────

Net Current Assets

24,197,066

21,524,268

─────────

Total Assets less Current Liabilities

28,844,403

26,000,677

Payables:

amounts falling due after more than one year

(24,200,063)

(21,526,408)

─────────

Net Assets

4,644,340

4,474,269

═════════

Capital and Reserves

Called up share capital

Other reserves

4,647,470

4,476,408

Retained earnings

(3,131)

(2,140)

─────────

Equity attributable to owners of the company

4,644,340

4,474,269

═════════

The financial statements have been prepared 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 company has taken advantage of the exemption under section 444 not to file the Income Statement and Directors' Report.

For the financial year ended 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The directors confirm that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.

Approved by the Board and authorised for issue on 11 August 2026 and signed on its behalf by



________________________________
Mr E Laverty
Director

EML City Square Holdings Limited

NOTES TO THE FINANCIAL STATEMENTS

for the financial year ended 30 November 2025

General Information

EML City Square Holdings Limited is a company limited by shares incorporated and registered in the England and Wales. The registered number of the company is 14187518. The registered office of the company is Drury Works, 4 Parker Street, London, WC2B 5PH, United Kingdom. The nature of the company's operations and its principal activities are set out in the Directors' Report. The financial statements have been presented in Pound (£) which is also the functional currency of the company.

Summary of Significant Accounting Policies

The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.

Statement of compliance

The financial statements of the Company for the financial year ended 30 November 2025 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.

Going concern

The Company made a loss during the period ended 30 November 2025 but, at that date, the Company's assets exceeded its liabilities.

After making enquiries, the directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. In assessing the fair value of the property, the directors took into consideration local property prices, the current rental agreement in place on the property and the rental market in the local area.

Disclosure exemptions

The entity satisfies the criteria of being a qualifying entity as defined in FRS 102. Its financial statements can be obtained from Companies House, Crown Way, Cardiff, CF14 3UZ. As such, advantage has been taken of the following disclosure exemptions available under paragraph 1.12 of FRS 102:

(a) Disclosures in respect of each class of share capital have not been presented.

(b) No cash flow statement has been presented for the company.

(d) Disclosures in respect of share-based payments have not been presented.

(e) No disclosure has been given for the aggregate remuneration of key management personnel.

Cash flow exemption

Under the small entity provision within FRS102 Section 1A small companies can claim exemption from preparing a cash flow statement.

Investments

Investments held as fixed assets are stated at cost less provision for any permanent diminution in value. Income from other investments together with any related tax credit is recognised in the Income Statement in the financial year in which it is receivable.

Borrowing costs

Borrowing costs relating to the acquisition of assets are capitalised at the appropriate rate by adding them to the cost of assets being acquired. Investment income earned on the temporary investment of specific borrowings pending their expenditure on the assets is deducted from the borrowing costs eligible for capitalisation. All other borrowing costs are recognised in profit or loss in the period in which they are incurred.

Taxation and deferred taxation

Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Statement of Financial Position date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements.

Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated 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 Statement of Financial Position date.

Foreign currencies

Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange ruling at the Statement of Financial Position date. Non-monetary items that are measured in terms of historical cost in a foreign currency are translated at the rates of exchange ruling at the date of the transaction. Non-monetary items that are measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value was determined. The resulting exchange differences are dealt with in the Income Statement.

Ordinary share capital

The ordinary share capital of the Company is presented as equity.

Employees

There were no employees other than the directors during the year. The directors did not receive any remuneration from the Company during the year. The directors are the key management of the Company.

Investments

Group and

Total

participating

interests/

joint ventures

Investments

Cost

At 1 December 2024

4,476,409

Additions

170,928

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At 30 November 2025

4,647,337

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Net book value

At 30 November 2025

4,647,337

═════════

At 30 November 2024

4,476,409

═════════

EML City Square Holdings Limited is the parent of EML City Square House Limited, holding 100% of the equity share capital. The nature of business in EML City Square House Limited is the letting of commercial property.

As at 30 November 2025, EML City Square House Limited made a profit of £1,319,453 in the year and have net assets totalling £2,430,183.


5.	Receivables	2025	2024
		£	£

	Amounts owed by group undertakings	24,199,065	21,525,687
	Other debtors	1	1
		─────────	─────────
		24,199,066	21,525,688
		═════════	═════════


6.	Payables	2025	2024
	Amounts falling due within one year	£	£

	Accruals	2,000	1,420
		═════════	═════════


7.	Payables	2025	2024
	Amounts falling due after more than one year	£	£

	Amounts owed to related parties (Note 10)	24,200,062	21,526,407
	Accrued expenditure	1	1
		─────────	─────────
		24,200,063	21,526,408
		═════════	═════════

Capital commitments

The Company had no capital commitments at 30 November 2025 or at 30 November 2024.

Contingent liabilities

The Company had no contingent liabilities at 30 November 2025 or at 30 November 2024.


10.	Related party transactions

		2025	2024
		£	£

	Amounts falling due after more than one year	24,200,062	21,526,407
		═════════	═════════

	The Company has taken advantage of the exemption under Financial Reporting Standard 102 section 33.1A not to disclose transactions with entities that are part of the group.


11.	Called up share capital

	Issued, called up and fully paid

		2025	2024
		£	£

	Ordinary shares of £1.00 each	1	1
		═════════	═════════

	The Company did not issue any shares during the year.

12.

Approval of the financial statements

The board of Directors approved the financial statements for issue on 11 August 2026.