Edgefield Investments (Properties) Limit - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 11575495 (England and Wales)

Financial Statements

for the Period 18th September 2018 to 30th September 2019

for

EDGEFIELD INVESTMENTS (PROPERTIES)

LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

S. Dewsbury

REGISTERED OFFICE:

Bank House,

9, Dicconson Terrace,

Lytham,

Lytham St.Anne's,

Lancashire,

FY8 5JY.

REGISTERED NUMBER:

11575495 (England and Wales)

ACCOUNTANTS:

Martin Edward Gunson

Chartered Accountant

Bank House,

9, Dicconson Terrace,

Lytham, Lytham St.Anne's,

Lancashire,

FY8 5JY.

FIXED ASSETS

Tangible assets

4

353,300

CURRENT ASSETS

Cash at bank and in hand

25

CREDITORS

Amounts falling due within one year

5

5,507

NET CURRENT LIABILITIES

(5,482

)

TOTAL ASSETS LESS CURRENT LIABILITIES

347,818

CREDITORS

Amounts falling due after more than one year

6

352,600

NET LIABILITIES

(4,782

)

CAPITAL AND RESERVES

Called up share capital

1

Retained earnings

(4,783

)

SHAREHOLDERS' FUNDS

(4,782

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30th September 2019.

The members have not required the company to obtain an audit of its financial statements for the period ended 30th September 2019 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 8th June 2020 and were signed by:

S. Dewsbury - Director

1.	STATUTORY INFORMATION

Edgefield Investments (Properties) Limited is a private company, limited by shares , registered in

England and Wales. The company's registered number and registered office address can be

found on the Company Information page.

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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 NIL.

4.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST

Additions

353,300

At 30th September 2019

353,300

NET BOOK VALUE

At 30th September 2019

353,300

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Other creditors

5,507

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

£

Other creditors

352,600

Amounts falling due in more than five years:

Repayable by instalments

Mortgage Loans

352,600

7.	SECURED DEBTS

The following secured debts are included within creditors:

£

Mortgage Loans

352,600

A charge is held over the leasehold properties.