Company Registration No. SC585372 (Scotland)
Edinburgh And London Limited
Unaudited accounts
for the year ended 31 January 2023
Edinburgh And London Limited
Unaudited accounts
Contents
Edinburgh And London Limited
Company Information
for the year ended 31 January 2023
Directors
Susan Adair-Brown
Cameron Adair-Brown
Tmothy Christopher Adair-Brown
Caroline Loudon
John Brown
Company Number
SC585372 (Scotland)
Registered Office
Southgate House
20 Pentland Avenue
Edinburgh
Midlothian
EH13 0HZ
Scotland
Accountants
AGL Tax Solutions LLP
2A Station Yard
Haddington
East Lothian
EH41 3PP
Edinburgh And London Limited
Statement of financial position
as at 31 January 2023
Investment property
240,000
240,000
Investments
285,001
311,894
Cash at bank and in hand
44,321
47,880
Creditors: amounts falling due within one year
(8,832)
(13,012)
Net current assets
37,894
37,273
Net assets
562,895
589,167
Called up share capital
11,000
11,000
Share premium
527,000
527,000
Profit and loss account
24,895
51,167
Shareholders' funds
562,895
589,167
For the year ending 31 January 2023 the company was entitled to exemption from audit 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 24 July 2023 and were signed on its behalf by
John Brown
Director
Company Registration No. SC585372
Edinburgh And London Limited
Notes to the Accounts
for the year ended 31 January 2023
Edinburgh And London Limited is a private company, limited by shares, registered in Scotland, registration number SC585372. The registered office is Southgate House, 20 Pentland Avenue, Edinburgh, Midlothian, EH13 0HZ, Scotland.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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 historic cost convention.
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s ability to
continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are
authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial
statements.
Investment property is shown at its most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current 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.
The company operates a defined contribution pension scheme. Contributions payable to the company’s pension scheme are charged to profit and loss in the period to which they relate.
Edinburgh And London Limited
Notes to the Accounts
for the year ended 31 January 2023
The accounts are presented in £ sterling.
Fair value at 1 February 2022
240,000
At 31 January 2023
240,000
5
Investments
Other investments
Valuation at 1 February 2022
311,894
Fair value adjustments
(26,893)
Valuation at 31 January 2023
285,001
Amounts falling due after more than one year
Accrued income and prepayments
2,405
2,405
7
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
(304)
(768)
Other creditors
6,000
6,000
Loans from directors
610
5,278
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).
