EDEN COMMERCIALS CUMBRIA LIMITED

EDEN COMMERCIALS CUMBRIA LIMITED

EDEN COMMERCIALS CUMBRIA LIMITED - Company Information

Print Friendly Version

EDEN COMMERCIALS CUMBRIA LIMITED

Company Registration Number:
09317585 (England and Wales)

Unaudited abridged accounts for the year ended 31 October 2017

Period of accounts

Start date: 01 November 2016

End date: 31 October 2017

EDEN COMMERCIALS CUMBRIA LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2017

Balance sheet
Notes

EDEN COMMERCIALS CUMBRIA LIMITED

Balance sheet

As at 31 October 2017


Notes
2017
2016


£
£
Fixed assets
Tangible assets: 2 93,425 15,245
Total fixed assets: 93,425 15,245
Current assets
Stocks: 658,757 427,408
Debtors:   20,000 7,437
Cash at bank and in hand: 63,936 38,532
Total current assets: 742,693 473,377
Creditors: amounts falling due within one year: 3 (616,394) (413,706)
Net current assets (liabilities): 126,299 59,671
Total assets less current liabilities: 219,724 74,916
Total net assets (liabilities): 219,724 74,916
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 219,624 74,816
Shareholders funds: 219,724 74,916

The notes form part of these financial statements

EDEN COMMERCIALS CUMBRIA LIMITED

Balance sheet statements

For the year ending 31 October 2017 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 31 May 2018
and signed on behalf of the board by:

Name: J Mullen
Status: Director

The notes form part of these financial statements

EDEN COMMERCIALS CUMBRIA LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2017

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover represents amounts invoiced during the year, exclusive of value added tax and trade discounts.

Tangible fixed assets and depreciation policy

Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:Plant and machinery - 20% reducing balance

Valuation and information policy

Stocks are stated at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

EDEN COMMERCIALS CUMBRIA LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2017

2. Tangible Assets

Total
Cost £
At 01 November 2016 19,656
Additions 101,536
At 31 October 2017 121,192
Depreciation
At 01 November 2016 4,411
Charge for year 23,356
At 31 October 2017 27,767
Net book value
At 31 October 2017 93,425
At 31 October 2016 15,245

EDEN COMMERCIALS CUMBRIA LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2017

3. Creditors: amounts falling due within one year note

2017 2016Trade Creditors 539705 363169Tax and social security 41213 21982Other creditors 35477 28555 616395 413706