Eden Properties Chesterfield Limited - Accounts to registrar (filleted) - small 22.3

Eden Properties Chesterfield Limited - Accounts to registrar (filleted) - small 22.3

EDEN PROPERTIES CHESTERFIELD LIMITED - Company Information

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REGISTERED NUMBER: 08699316 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2022

for

Eden Properties Chesterfield Limited
Eden Properties Chesterfield Limited (Registered number: 08699316)






Contents of the Financial Statements
for the Year Ended 28 February 2022




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


Eden Properties Chesterfield Limited

Company Information
for the Year Ended 28 February 2022







DIRECTORS: D M Beckford
J A G Harris





REGISTERED OFFICE: Pronto Industrial Paints Ltd Stainsby Cl
Holmewood Industrial Estate, Holmewood
Chesterfield
S42 5UG





REGISTERED NUMBER: 08699316 (England and Wales)





ACCOUNTANTS: Taylor Dawson Plumb Limited
Chartered Accountants
22 Regent Street
Nottingham
NG1 5BQ
Page 1
Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Eden Properties Chesterfield Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Eden Properties Chesterfield Limited for the year ended 28 February 2022 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Eden Properties Chesterfield Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Eden Properties Chesterfield Limited and state those matters that we have agreed to state to the Board of Directors of Eden Properties Chesterfield Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Eden Properties Chesterfield Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Eden Properties Chesterfield Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Eden Properties Chesterfield Limited. You consider that Eden Properties Chesterfield Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Eden Properties Chesterfield Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Taylor Dawson Plumb Limited
Chartered Accountants
Nottingham


24 November 2022

This page does not form part of the statutory financial statements

Page 2
Eden Properties Chesterfield Limited (Registered number: 08699316)

Balance Sheet
28 February 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 1,350,000 1,350,000

CURRENT ASSETS
Debtors 5 34,935 35,173
Cash at bank - 197
34,935 35,370
CREDITORS
Amounts falling due within one year 6 - 238
NET CURRENT ASSETS 34,935 35,132
TOTAL ASSETS LESS CURRENT
LIABILITIES
1,384,935
1,385,132

PROVISIONS FOR LIABILITIES 85,808 85,808
NET ASSETS 1,299,127 1,299,324

CAPITAL AND RESERVES
Called up share capital 100 100
Non distributable reserve 7 426,253 426,253
Retained earnings 872,774 872,971
1,299,127 1,299,324

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2022 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 notes form part of these financial statements

Page 3 continued...
Eden Properties Chesterfield Limited (Registered number: 08699316)

Balance Sheet - continued
28 February 2022


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 Board of Directors and authorised for issue on 24 November 2022 and were signed on its behalf by:




D M Beckford - Director



J A G Harris - Director


The notes form part of these financial statements

Page 4
Eden Properties Chesterfield Limited (Registered number: 08699316)

Notes to the Financial Statements
for the Year Ended 28 February 2022

1. STATUTORY INFORMATION

Eden Properties Chesterfield 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 as modified by the revaluation of certain assets.

Investment property
The investment property is shown at its most recent valuation. Any aggregate surplus or deficit arising from a change in fair value is recognised as a profit or loss in the income statement but transferred to a non-distributable reserve (revaluation reserve) to represent non-distributable earnings.

Taxation
Taxation for the year 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 year 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 year was NIL (2021 - NIL).

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 March 2021
and 28 February 2022 1,350,000
NET BOOK VALUE
At 28 February 2022 1,350,000
At 28 February 2021 1,350,000

Page 5 continued...
Eden Properties Chesterfield Limited (Registered number: 08699316)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2022

4. INVESTMENT PROPERTY - continued

Fair value at 28 February 2022 is represented by:
£   
Valuation in 2019 536,250
Cost 813,750
1,350,000

The investment property was valued on a fair value basis on 28 February 2019 by the directors, based on annual commercial property growth indexes for the region.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Amounts owed by group undertakings 34,935 35,173

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Taxation and social security - 238

7. RESERVES
Non
distributable
reserve
£   
At 1 March 2021
and 28 February 2022 426,253

Page 6