REGISTERED NUMBER: 09915873 (England and Wales)

EAGLE CREST (DERBY) LIMITED

Unaudited Financial Statements

for the Year Ended 31 December 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Directors:

S Marks

A A Marshall

Registered office:

3rd Floor 86-90 Paul Street

London

EC2A 4NE

Registered number:

09915873 (England and Wales)

Accountants:

Cooper Parry Advisory Limited

Broadwalk House, 5th Floor

5 Appold Street

Broadgate

London

EC2A 2AG

Fixed assets

Investment property

4

-

3,600,000

Current assets

Debtors

5

1,770,216

918,563

Cash at bank

331,770

731,860

2,101,986

1,650,423

Creditors

Amounts falling due within one year

6

(2,412,999

)

(2,760,845

)

Net current liabilities

(311,013

)

(1,110,422

)

Total assets less current liabilities

(311,013

)

2,489,578

Creditors

Amounts falling due after more than one year

7

-

(2,702,855

)

Net liabilities

(311,013

)

(213,277

)

Capital and reserves

Called up share capital

8

200

200

Retained earnings

9

(311,213

)

(213,477

)

Shareholders' funds

(311,013

)

(213,277

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 October 2026 and were signed on its behalf by:

S Marks - Director

1.	Statutory information

Eagle Crest (Derby) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Going Concern

The financial statements have been prepared on a going concern basis.The directors have considered the company's future cash flows, financing arrangements and ongoing support available from the connected parties.Based on this review, the directors believe that the company has adequate resources to continue trading and meet its liabilities as they fall due for at least 12 months from the date of approval of these financial statements.

Accordingly, the directors consider it appropriate to prepare the financial statements on the going concern basis.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover comprises revenue recognised by the company in respect of rents receivable.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	Employees and directors

The average number of employees during the year was 1 (2024 - 1 ) .

4.	Investment property

Total

£

Fair value

At 1 January 2025

3,600,000

Disposals

(3,600,000

)

At 31 December 2025

-

Net book value

At 31 December 2025

-

At 31 December 2024

3,600,000

5.

Debtors: amounts falling due within one year

2025

2024

£

£

Trade debtors

-

30,148

Due from connected companies

1,633,753

813,899

Other debtors

136,463

74,516

1,770,216

918,563

6.

Creditors: amounts falling due within one year

2025

2024

£

£

Bank loans and overdrafts

-

277,724

Trade creditors

63,231

35,353

Due to connected companies

2,291,314

2,298,991

Taxation and social security

22,134

63,036

Other creditors

36,320

85,741

2,412,999

2,760,845

7.

Creditors: amounts falling due after more than one year

2025

2024

£

£

Bank loans

-

2,702,855

The company is under common control with the following companies: Eagle Crest (Sunderland) Limited, Eagle Crest (Folkestone) Limited, Eagle Crest (Maidstone) Limited, Eagle Crest (Portsmouth) Limited, Eagle Crest (Wolverhampton) Limited, Eagle Crest (Worcester) Limited.

The companies are jointly and severally liable for a bank loan which at the year end stood at £464,424. This loan has been apportioned to to Eagle Crest (Consett) Limited.

On 13 April 2016 N M Rothschild & Sons Limited placed fixed charge, floating charge and negative pledge over the freehold property known as 34 queen square, wolverhampton WV1 1TL. Floating charge covers all the property or undertaking of the company.

On 20 July 2016 N M Rothschild & Sons Limited (As Security Agent) placed fixed charge and negative pledge, which were outstanding at the year end.

8.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

200

Ordinary shares

£1

200

200

9.

Reserves

Retained

earnings

£

At 1 January 2025

(213,477

)

Deficit for the year

(62,736

)

Dividends

(35,000

)

At 31 December 2025

(311,213

)

10.	Related party disclosures

The company at the year end date owed £2,291,314 (2024:£2,298,991) collectively to the following companies under common control: Eagle Crest (Consent) Limited, Eagle Crest (Portsmouth) Limited, Eagle Crest (Maidstone) Limited, Eagle Crest (Sunderland) Limited, Eagle Crest (Wolverhampton) Limited and Eagle Crest (Derby) Limited.

Also at the year end date, the company was owed £1,633,753 (2024: £813,900) collectively from the following companies under common control: Eagle Crest (Consent) Limited, Eagle Crest (Portsmouth) Limited, Eagle Crest (Maidstone) Limited, Eagle Crest (Sunderland) Limited, Eagle Crest (Wolverhampton) Limited and Eagle Crest (Derby) Limited.

11.	Illegal dividend

During the year ended 31 December 2025 the company paid dividends amounting to £35,000. Upon preparation of these financial statements it was noted that the company had insufficient distributable reserves to support all of the distribution at the date it was made. Accordingly, the dividend may represent an unlawful distribution under the Companies Act 2006.

The directors are reviewing the circumstances surrounding the payment and whether any amount should be treated as recoverable from the shareholders or reclassified in the financial statements. No adjustment has been made in respect of this matter within these financial statements.