Eden Fyfe Limited - Accounts to registrar (filleted) - small 18.2
Eden Fyfe Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| Unaudited Financial Statements for the Period 23 July 2019 to 31 October 2019 |
| for |
| Eden Fyfe Limited |
| Eden Fyfe Limited (Registered number: SC636878) |
| Contents of the Financial Statements |
| for the Period 23 July 2019 to 31 October 2019 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 3 |
| Eden Fyfe Limited |
| Company Information |
| for the Period 23 July 2019 to 31 October 2019 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| Eden Fyfe Limited (Registered number: SC636878) |
| Balance Sheet |
| 31 October 2019 |
| Notes | £ | £ |
| FIXED ASSETS |
| Investments | 4 |
| CURRENT ASSETS |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 5 |
| NET CURRENT LIABILITIES | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
6 |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 9 |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| The director acknowledges her 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the director and authorised for issue on |
| Eden Fyfe Limited (Registered number: SC636878) |
| Notes to the Financial Statements |
| for the Period 23 July 2019 to 31 October 2019 |
| 1. | STATUTORY INFORMATION |
| Eden Fyfe Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Going Concern |
| The financial statements have been prepared on the going concern basis. The director finds it appropriate for the financial statements to be prepared on this basis despite the net current liability position of the company. The company is reliant upon the continued support of it's subsidiary company and the director. |
| Investments in subsidiaries |
| Investments in subsidiary undertakings are recognised at cost. |
| Taxation |
| Taxation for the period 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. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference. |
| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the period was |
| 4. | FIXED ASSET INVESTMENTS |
| Shares in |
| group |
| undertakings |
| £ |
| COST |
| Additions |
| At 31 October 2019 |
| NET BOOK VALUE |
| At 31 October 2019 |
| Eden Fyfe Limited (Registered number: SC636878) |
| Notes to the Financial Statements - continued |
| for the Period 23 July 2019 to 31 October 2019 |
| 5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| £ |
| Bank loans and overdrafts (see note 7) |
| Other loans (see note 7) |
| Directors' current accounts | 24,780 |
| Accruals and deferred income |
| 6. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| £ |
| Bank loans (see note 7) |
| Other loans (see note 7) |
| Amounts falling due in more than five years: |
| Repayable by instalments |
| Bank loans more 5 yr by instal | 110,781 |
| 7. | LOANS |
| An analysis of the maturity of loans is given below: |
| £ |
| Amounts falling due within one year or on demand: |
| Bank loans |
| Business Loan Scotland |
| Amounts falling due between one and two years: |
| Bank loans - 1-2 years |
| Other loans - 1-2 years | 18,771 |
| Amounts falling due between two and five years: |
| Bank loans - 2-5 years |
| Other loans - 2-5 years |
| Amounts falling due in more than five years: |
| Repayable by instalments |
| Bank loans more 5 yr by instal | 110,781 |
| Eden Fyfe Limited (Registered number: SC636878) |
| Notes to the Financial Statements - continued |
| for the Period 23 July 2019 to 31 October 2019 |
| 8. | SECURED DEBTS |
| The following secured debts are included within creditors: |
| £ |
| Bank loans |
| Business Loan Scotland |
| Handelsbanken holds a bond and floating charge over the whole assets of the company in relation to all sums due or to become due. |
| Business Loans Scotland Debt Finance L.P. holds a bond and floating charge over the whole assets of the company in relation to all sums due or to become due. |
| 9. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal |
| value: | £ |
| Ordinary | 1 | 10 |
| 10 Ordinary shares of 1 each were allotted and fully paid for |