Edgeley Properties (Commercial) Ltd - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 12190338 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2023

FOR

EDGELEY PROPERTIES (COMMERCIAL) LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr J A Brett

Mrs T A Brett

REGISTERED OFFICE:

25 Tait Road

Croydon

CR0 2DP

REGISTERED NUMBER:

12190338 (England and Wales)

ACCOUNTANTS:

Meades Group Limited

39 The Metro Centre

Tolpits Lane

Watford

Hertfordshire

WD18 9SB

FIXED ASSETS

Tangible assets

4

-

280,494

CURRENT ASSETS

Debtors

5

77,317

22,015

Cash at bank

1,301

6,561

78,618

28,576

CREDITORS

Amounts falling due within one year

6

1,963

299,525

NET CURRENT ASSETS/(LIABILITIES)

76,655

(270,949

)

TOTAL ASSETS LESS CURRENT LIABILITIES

76,655

9,545

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

76,653

9,543

SHAREHOLDERS' FUNDS

76,655

9,545

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2023 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 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11th December 2023 and were signed on its behalf by:

Mr J A Brett - Director

1.	STATUTORY INFORMATION

Edgeley Properties (Commercial) Ltd 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.

Turnover

Turnover is measured at the fair value of the rent received or receivable from managed commercial properties, excluding discounts.

Tangible fixed assets

Freehold property's fair value will be assessed at the end of each accounting period and adjusted accordingly.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

property

£

COST

At 1st April 2022

280,494

Disposals

(280,494

)

At 31st March 2023

-

NET BOOK VALUE

At 31st March 2023

-

At 31st March 2022

280,494

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023

2022

£

£

Trade debtors

13,948

19,863

Edgeley Group Ltd Loan

61,008

-

Other debtors

562

-

Prepayments

1,799

2,152

77,317

22,015

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023

2022

£

£

Trade creditors

1,963

794

Corporation tax

-

5,770

Edgeley Construction Ltd loan

-

236,492

Edgeley Group Ltd loan

-

44,000

Accruals and deferred income

-

12,469

1,963

299,525