Epsom Properties Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 09254321

EPSOM PROPERTIES LIMITED

FILLETED UNAUDITED FINANCIAL STATEMENTS

31 December 2025

EPSOM PROPERTIES LIMITED

STATEMENT OF FINANCIAL POSITION

31 December 2025

	2025		2024
Note	£	£	£

Current assets

Stocks		13,731,160	–
Debtors	6	–	482
Cash at bank and in hand		584,172	3,535
		---------------	-------
		14,315,332	4,017

Creditors: amounts falling due within one year	7	12,933,444		3,450
		---------------		-------
Net current assets			1,381,888	567
			-------------	----
Total assets less current liabilities			1,381,888	567
			-------------	----
Net assets			1,381,888	567
			-------------	----

Capital and reserves

Called up share capital		50	50
Capital redemption reserve	8	50	50
Profit and loss account	8	1,381,788	467
		-------------	----
Shareholders funds		1,381,888	567
		-------------	----

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

EPSOM PROPERTIES LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

31 December 2025

These financial statements were approved by the board of directors and authorised for issue on 20 August 2026 , and are signed on behalf of the board by:

Z Virani
Director

Company registration number: 09254321

EPSOM PROPERTIES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 DECEMBER 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Diamond House, 179-181 Lower Richmond Road, Richmond, England, TW9 4LN.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and properties measured at fair value through profit or loss. The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

In accordance with the director's responsibilities, the director has considered the appropriateness of the going concern basis for the preparation of the financial statements. For this purpose, the director has considered the adequacy of the company's cash resources covering the period 12 months ahead of the approval of these financial statements. The director has reasonable expectations that the company has adequate resources to continue in operational existence for the foreseeable future. For this reason, the director continues to adopt the going concern basis in preparing these 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. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

The company adopts a consistent accounting policy to recognise purchases and sales of shares on the trade date. Shares held principally for short-term selling and profit-taking are classified as financial assets at fair value through the profit and loss account.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 1 (2024: 1 ).

5. Tax on profit/(loss)

Major components of tax expense/(income)

	2025	2024
	£	£

Current tax:

UK current tax expense/(income)	67,770	( 576)
Foreign current tax expense	6,139	–
	---------	----
Total current tax	73,909	( 576)
	---------	----
	---------	----
Tax on profit/(loss)	73,909	( 576)
	---------	----

6. Debtors

	2025	2024
	£	£
Other debtors	–	482
	----	----

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Accruals and deferred income	37,350	2,450
Corporation tax	67,288	–
Other creditors	1,000	1,000
Amounts owed to related parties	12,827,806	–
	---------------	-------
	12,933,444	3,450
	---------------	-------

8. Reserves

Profit and loss account - This reserve records retained earnings and accumulated losses.

9. Related party transactions

At 31 December 2025, creditors, amounts falling due within one year, included amounts due to related parties amounting to £7,320,000 (2024: £Nil), in respect of loans. The parties are related by virtue of common control. The loans aree interest free, unsecured and repayable on demand. At 31 December 2025, creditors, amounts falling due within one year, included a director's loan account amounting to £5,507,806 (2024: £Nil). The loan is interest free, unsecured and repayable on demand. During the year, the company rendered services to the value of £Nil (2024: £5,125), to companies under common control.