Eido Development Partners Limited - Period Ending 2018-12-30

Registration number: 05717732

Eido Development Partners Limited

Annual Report and Unaudited Financial Statements

for the Period from 1 January 2018 to 30 December 2018

Eido Development Partners Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Financial Statements	3 to 4

Eido Development Partners Limited

Company Information

Directors

Mr M Rollins Mr I J Tod

Company secretary

Mr I J Tod

Registered office

Suite 4 Regent House Hawthorn Road Leeds West Yorkshire LS7 4PH

Page 1

Eido Development Partners Limited

(Registration number: 05717732)
Balance Sheet as at 30 December 2018

	Note	2018 £	2017 £
Current assets
Debtors	4	88,339	88,339
Cash at bank and in hand		8,452	8,452
		96,791	96,791
Creditors: Amounts falling due within one year	5	(6,284)	(6,284)
Net assets		90,507	90,507
Capital and reserves
Called up and fully paid share capital		150,100	150,100
Profit and loss account		(59,593)	(59,593)
Total equity		90,507	90,507

For the financial period ending 30 December 2018 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the Company to obtain an audit of its accounts for the period in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the profit and loss account has been taken.

Approved and authorised by the Board on 25 November 2019 and signed on its behalf by:
 

......................................... Mr M Rollins Director

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

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Eido Development Partners Limited

Notes to the Financial Statements for the Period from 1 January 2018 to 30 December 2018

1	General information

The Company is a private company limited by share capital incorporated in England and Wales. Details of the registered office are shown on page 1. Details of the registered office are shown on page 1.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Basis of preparation

These financial statements have been prepared on a going concern basis, using the historical cost convention and in accordance with FRS 102 Section 1A 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Tax

Current income tax is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date.

Deferred tax is recognised on timing differences between taxable profits and profits reported in the financial statements. Deferred tax is recognised on all timing differences at the reporting date and is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Share capital

Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments.

Dividends

Dividend distribution to the Company’s shareholders is recognised in the financial statements in the reporting period in which the dividends are paid.

Financial instruments

Financial instruments are classified and accounted for as financial assets, financial liabilities or equity instruments, according to the substance of the contractual arrangement. Equity instruments are those that entitle the holder to a residual interest in the Company's assets after deducting all of its liabilities.

Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary and preference shares, which are measured at fair value provided that this can be measured reliably. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.

Page 3

Eido Development Partners Limited

Notes to the Financial Statements for the Period from 1 January 2018 to 30 December 2018

3	Staff numbers

The average number of persons employed by the company (including directors) in the period, was 2 (2017 - 2).

4

Debtors

	2018 £	2017 £
Other debtors	88,339	88,339
	88,339	88,339

5

Creditors

	2018 £	2017 £
Due within one year
Other creditors	6,284	6,284

6	Related party transactions

The Company has taken the exemption set out in FRS 102 from disclosing transactions with wholly owned group members.

Page 4