Goldeneye Estates Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 09400992 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 FEBRUARY 2020 TO 31 MARCH 2021

FOR

GOLDENEYE ESTATES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr K Kyprianou

REGISTERED OFFICE:

Solar House

282 Chase Road

London

N14 6NZ

REGISTERED NUMBER:

09400992 (England and Wales)

ACCOUNTANTS:

Freemans Partnership LLP

Chartered Certified Accountants

Solar House

282 Chase Road

London

N14 6NZ

FIXED ASSETS

Investment property

4

5,268,824

5,197,095

CURRENT ASSETS

Debtors

5

24,426

11,767

Cash at bank

10,026

20,180

34,452

31,947

CREDITORS

Amounts falling due within one year

6

2,796,705

2,565,321

NET CURRENT LIABILITIES

(2,762,253

)

(2,533,374

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,506,571

2,663,721

CREDITORS

Amounts falling due after more than one
year

7

2,342,734

2,541,192

NET ASSETS

163,837

122,529

CAPITAL AND RESERVES

Called up share capital

9

1

Retained earnings

163,836

122,528

SHAREHOLDERS' FUNDS

163,837

122,529

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2021.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2021 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 31 March 2022 and were signed by:

Mr K Kyprianou - Director

1.	STATUTORY INFORMATION

Goldeneye Estates 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.

Turnover

Turnover represents amounts derived from rents charged to tenants during the year, and is recognised at the date the rental period occurred. This is stated after trade discounts and other sales taxes.

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.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2020 - 1 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 February 2020

5,197,095

Additions

71,729

At 31 March 2021

5,268,824

NET BOOK VALUE

At 31 March 2021

5,268,824

At 31 January 2020

5,197,095

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.21

31.1.20

£

Trade debtors

11,892

9,115

Prepayments and accrued income

12,534

2,652

24,426

11,767

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.21

31.1.20

£

Bank loans and overdrafts (see note 8)

217,868

153,380

Trade creditors

116

3,712

Tax

9,699

6,229

Other creditors

12,935

1,075

Amounts due to related party

2,473,705

2,308,847

Directors' current accounts

76,425

Deferred income

3,077

13,253

Accrued expenses

2,880

2,400

2,796,705

2,565,321

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.3.21

31.1.20

£

Bank loans (see note 8)

2,342,734

2,541,192

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

1,468,741

1,927,671

8.

LOANS

An analysis of the maturity of loans is given below:

31.3.21

31.1.20

£

Amounts falling due within one year or on demand:

Bank loans

217,868

153,380

Amounts falling due between one and two years:

Bank loans - 1-2 years

217,868

153,380

Amounts falling due between two and five years:

Bank loans - 2-5 years

656,125

460,141

31.3.21

31.1.20

£

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

1,468,741

1,927,671

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.21

31.1.20

value:

£

1

Ordinary

£1

1

Goldeneye Estates Limited - Accounts to registrar (filleted) - small 18.2

Goldeneye Estates Limited - Accounts to registrar (filleted) - small 18.2