Edenbury Limited - Period Ending 2017-03-31

 
 
 
 
 
 
 
  Edenbury Limited
 
  Unaudited Abbreviated Accounts
  Year Ended 31 March 2016
 
  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 2016

		Note			2016 £			2015 £
Fixed assets
Tangible fixed assets		2			20,446			24,062
Investments		2			6			6
					20,452			24,068
Current assets
Stocks					622,858			618,658
Debtors					375,395			13,600
Cash at bank and in hand					245			245
					998,498			632,503
Creditors: Amounts falling due within one year					(500,433)			(518,388)
Net current assets					498,065			114,115
Total assets less current liabilities					518,517			138,183
Creditors: Amounts falling due after more than one year					(336,029)			-
Net assets					182,488			138,183
Capital and reserves
Called up share capital		4			100			100
Profit and loss account					182,388			138,083
Shareholders' funds					182,488			138,183

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

Edenbury Limited
Abbreviated Balance Sheet
31 March 2016 ......... continued

For the year ending 31 March 2016 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 21 December 2016 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 2016 ......... 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 January 2015).

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.

2	Fixed assets

		Tangible assets £			Investments £			Total £
Cost
At 1 April 2015		66,703			6			66,709
At 31 March 2016		66,703			6			66,709
Depreciation
At 1 April 2015		42,641			-			42,641
Charge for the year		3,616			-			3,616
At 31 March 2016		46,257			-			46,257
Net book value
At 31 March 2016		20,446			6			20,452
At 31 March 2015		24,062			6			24,068

Page 3

Edenbury Limited
Notes to the Abbreviated Accounts
Year Ended 31 March 2016 ......... continued

3

Creditors

Creditors includes the following liabilities, on which security has been given by the company:

		2016 £			2015 £
Amounts falling due within one year		60,323			52,342
Amounts falling due after more than one year		336,029			-
Total secured creditors		396,352			52,342

Included in the creditors are the following amounts due after more than five years:

		2016 £			2015 £
After more than five years by instalments		256,029			-

4	Share capital

Allotted, called up and fully paid shares

	2016						2015
		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