EDEN_SUSTAINABLE_LTD - Accounts

EDEN SUSTAINABLE LTD - Company Information

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Company Registration No. 09067185 (England and Wales)

EDEN SUSTAINABLE LTD

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 OCTOBER 2016

EDEN SUSTAINABLE LTD

CONTENTS

Page

Abbreviated balance sheet

Notes to the abbreviated accounts

2 - 5

EDEN SUSTAINABLE LTD

ABBREVIATED BALANCE SHEET

AS AT

31 OCTOBER 2016

- 1 -

2016

2015

Notes

Fixed assets

Tangible assets

274

412

Investments

260

200

534

612

Current assets

Debtors

110,225

50,759

Cash at bank and in hand

49,779

1,661

160,004

52,420

Creditors: amounts falling due within one year

(90,276)

(35,819)

Net current assets

69,728

16,601

Total assets less current liabilities

70,262

17,213

Capital and reserves

Called up share capital

200

Profit and loss account

70,062

17,013

Shareholders' funds

70,262

17,213

For the financial year ended 31 October 2016 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 financial statements for the year in question in accordance with section 476;

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These abbreviated financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

Approved by the Board for issue on 26 July 2017

Mr S P Baker

Mr S L Burrows

Director

Company Registration No. 09067185

EDEN SUSTAINABLE LTD

NOTES TO THE ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 31 OCTOBER 2016

- 2 -

Accounting policies

1.1

Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1.2

Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts.

1.3

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Computer equipment

25% straight line per annum

1.4

Investments

Fixed asset investments are stated at cost less provision for diminution in value.

1.5

Group accounts

The financial statements present information about the company as an individual undertaking and not about its group. The company and its subsidiary undertaking comprise a small-sized group. The company has therefore taken advantage of the exemptions provided by section 399 of the Companies Act 2006 not to prepare group accounts.

EDEN SUSTAINABLE LTD

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 OCTOBER 2016

- 3 -

Fixed assets

Tangible assets

Investments

Total

Cost

At 1 November 2015

550

200

750

Additions

At 31 October 2016

550

260

810

Depreciation

At 1 November 2015

138

Charge for the year

138

At 31 October 2016

276

Net book value

At 31 October 2016

274

260

534

At 31 October 2015

412

200

612

Holdings of more than 20%

The company holds more than 20% of the share capital of the following companies:

Company

Country of registration or

Shares held

incorporation

Class

Subsidiary undertakings

Eden Biomass Limited

United Kingdom

Ordinary

66.66

Eden Infrastructure Limited

United Kingdom

Ordinary

60.00

The aggregate amount of capital and reserves and the results of these undertakings for the last relevant financial year were as follows:

Capital and reserves

Profit/(loss) for the year

2016

Principal activity

Eden Biomass Limited

Provision of energy efficient bio-fuel boilers and ancillary services

98,953

26,568

Eden Infrastructure Limited

Consultancy and project management in the renewable energy sector.

(37,340)

(37,440)

EDEN SUSTAINABLE LTD

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 OCTOBER 2016

- 4 -

Share capital

2016

2015

Allotted, called up and fully paid

200 ordinary shares of £1 each

200

EDEN SUSTAINABLE LTD

NOTES TO THE ABBREVIATED ACCOUNTS (CONTINUED)

FOR THE YEAR ENDED 31 OCTOBER 2016

- 5 -

Related party relationships and transactions

Advances and credits granted to the directors during the year are outlined in the table below:

% Rate

Opening Balance

Amounts Advanced

Interest Charged

Amounts Repaid

Closing Balance

Mr S Burrows

3.00

3,095

10,000

(5,323)

7,772

3,095

10,000

(5,323)

7,772

The company provided advances to the directors and participators during the period. Interest was charged on all balances over £10,000 at the HM Revenue and Customs official rate. Repayments were made by way of salary not drawn. Balances outstanding are deemed repayable on demand.