Edenbury Limited - Period Ending 2015-03-31

 
 
 
 
 
 
 
  Edenbury Limited
 
  Unaudited Abbreviated Accounts
  Year Ended 31 March 2015
 
  Company Registration Number: 04947386

Edenbury Limited
Contents

Abbreviated Balance Sheet 1 to 2

Notes to the Abbreviated Accounts 3 to 4

Edenbury Limited
Abbreviated Balance Sheet
31 March 2015

		Note			2015 £			2014 £
Fixed assets
Tangible fixed assets		2			24,062			28,583
Investments		2			6			6
					24,068			28,589
Current assets
Stocks					618,658			618,658
Debtors					13,600			11,969
Cash at bank and in hand					245			145
					632,503			630,772
Creditors: Amounts falling due within one year					(518,388)			(558,499)
Net current assets					114,115			72,273
Net assets					138,183			100,862
Capital and reserves
Called up share capital		3			100			100
Profit and loss account					138,083			100,762
Shareholders' funds					138,183			100,862

The notes on pages 3 to 4 form an integral part of these financial statements.
Page 1

Edenbury Limited
Abbreviated Balance Sheet
31 March 2015 ......... continued

For the year ending 31 March 2015 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime .

Approved by the Board on 15 December 2015 and signed on its behalf by:

Mr J W Maker
Director

Mr G W Maker
Director

Company Registration Number: 04947386

The notes on pages 3 to 4 form an integral part of these financial statements.
Page 2

Edenbury Limited
Notes to the Abbreviated Accounts
Year Ended 31 March 2015 ......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008).

Turnover

Turnover represents the fair value of consideration receivable, excluding Value Added Tax, in the ordinary course of business for goods and services provided.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Plant and machinery	33% straight line
Fixtures and fittings	15% reducing balance

Fixed asset investments

Fixed asset investments are stated at historical cost less provision for any diminution in value.

Stock

Stock is valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks. Net realisable value is based on selling price less anticipated costs to completion and selling costs.

Hire purchase and leasing

Rentals payable under operating leases are charged in the profit and loss account on a straight line basis over the lease term.

Page 3

Edenbury Limited
Notes to the Abbreviated Accounts
Year Ended 31 March 2015 ......... continued

2	Fixed assets

		Tangible assets £			Investments £			Total £
Cost
At 1 April 2014		66,703			6			66,709
At 31 March 2015		66,703			6			66,709
Depreciation
At 1 April 2014		38,120			-			38,120
Charge for the year		4,521			-			4,521
At 31 March 2015		42,641			-			42,641
Net book value
At 31 March 2015		24,062			6			24,068
At 31 March 2014		28,583			6			28,589

3	Share capital

Allotted, called up and fully paid shares

	2015						2014
		No.			£			No.			£
Ordinary A shares of £1 each		75			75			75			75
Ordinary B shares of £1 each		25			25			25			25
		100			100			100			100

Page 4