Edengrove Enterprises Limited - Accounts to registrar (filleted) - small 18.2

Edengrove Enterprises Limited - Accounts to registrar (filleted) - small 18.2


IRIS Accounts Production v20.1.0.635 SC489102 Board of Directors 1.11.18 31.10.19 31.10.19 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureSC4891022018-10-31SC4891022019-10-31SC4891022018-11-012019-10-31SC4891022017-10-31SC4891022017-11-012018-10-31SC4891022018-10-31SC489102ns15:Scotland2018-11-012019-10-31SC489102ns14:PoundSterling2018-11-012019-10-31SC489102ns10:Director12018-11-012019-10-31SC489102ns10:PrivateLimitedCompanyLtd2018-11-012019-10-31SC489102ns10:SmallEntities2018-11-012019-10-31SC489102ns10:AuditExempt-NoAccountantsReport2018-11-012019-10-31SC489102ns10:SmallCompaniesRegimeForDirectorsReport2018-11-012019-10-31SC489102ns10:SmallCompaniesRegimeForAccounts2018-11-012019-10-31SC489102ns10:AbridgedAccounts2018-11-012019-10-31SC489102ns5:CurrentFinancialInstruments2019-10-31SC489102ns5:CurrentFinancialInstruments2018-10-31SC489102ns5:Non-currentFinancialInstruments2019-10-31SC489102ns5:Non-currentFinancialInstruments2018-10-31SC489102ns5:ShareCapital2019-10-31SC489102ns5:ShareCapital2018-10-31SC489102ns5:RetainedEarningsAccumulatedLosses2019-10-31SC489102ns5:RetainedEarningsAccumulatedLosses2018-10-31
REGISTERED NUMBER: SC489102 (Scotland)




















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2019

FOR

EDENGROVE ENTERPRISES LIMITED

EDENGROVE ENTERPRISES LIMITED (REGISTERED NUMBER: SC489102)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 October 2019




Page

Abridged Balance Sheet 1

Notes to the Financial Statements 3


EDENGROVE ENTERPRISES LIMITED (REGISTERED NUMBER: SC489102)

ABRIDGED BALANCE SHEET
31 October 2019

31.10.19 31.10.18
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 253,751 227,866

CURRENT ASSETS
Stocks 174,741 114,741
Debtors - 2,839
Cash at bank and in hand 17,852 24,584
192,593 142,164
CREDITORS
Amounts falling due within one year 47,865 651
NET CURRENT ASSETS 144,728 141,513
TOTAL ASSETS LESS CURRENT
LIABILITIES

398,479

369,379

CREDITORS
Amounts falling due after more than one
year

(335,745

)

(314,817

)

PROVISIONS FOR LIABILITIES (22,977 ) -
NET ASSETS 39,757 54,562

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 39,657 54,462
SHAREHOLDERS' FUNDS 39,757 54,562

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2019 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 October 2019 in accordance with Section 444(2A) of the Companies Act 2006.

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

EDENGROVE ENTERPRISES LIMITED (REGISTERED NUMBER: SC489102)

ABRIDGED BALANCE SHEET - continued
31 October 2019



The financial statements were approved by the Board of Directors and authorised for issue on 18 May 2020 and were
signed on its behalf by:





P J Cullen - Director


EDENGROVE ENTERPRISES LIMITED (REGISTERED NUMBER: SC489102)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 October 2019

1. STATUTORY INFORMATION

Edengrove Enterprises Limited is a private company, limited by shares , registered in Scotland. The company's
registered number and registered office address are as below:

Registered number: SC489102

Registered office: Edencroft Farm
Northrigg Road
Bathgate
West Lothian
EH48 3AW

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 and revenue recognition
Turnover represents net invoiced sales of farming services, excluding VAT. Revenue is recognised when goods
and services are provided to the customer.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow
moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held
under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases
are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element
of the future payments is treated as a liability.

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2018 - 2 ) .

EDENGROVE ENTERPRISES LIMITED (REGISTERED NUMBER: SC489102)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 October 2019

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 November 2018 410,767
Additions 79,550
Disposals (14,040 )
At 31 October 2019 476,277
DEPRECIATION
At 1 November 2018 182,901
Charge for year 45,329
Eliminated on disposal (5,704 )
At 31 October 2019 222,526
NET BOOK VALUE
At 31 October 2019 253,751
At 31 October 2018 227,866

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals
£   
COST
Additions 20,974
At 31 October 2019 20,974
DEPRECIATION
Charge for year 2,622
At 31 October 2019 2,622
NET BOOK VALUE
At 31 October 2019 18,352