05351187 2015-03-01 false true 2016-02-292016-02-29 05351187 2015-03-01 2016-02-29 05351187 2016-02-29 05351187 2015-02-28 05351187 c:FixturesFittingsToolsEquipment 2015-03-01 2016-02-29 05351187 d:OrdinaryShareClass1 2016-02-29 05351187 d:OrdinaryShareClass1 2015-02-28 05351187 d:OrdinaryShareClass1 2015-03-01 2016-02-29 05351187 d:OrdinaryShareClass2 2016-02-29 05351187 d:OrdinaryShareClass2 2015-02-28 05351187 d:OrdinaryShareClass2 2015-03-01 2016-02-29 05351187 d:OrdinaryShareClass3 2016-02-29 05351187 d:OrdinaryShareClass3 2015-02-28 05351187 d:OrdinaryShareClass3 2015-03-01 2016-02-29 05351187 d:Director1 2015-03-01 2016-02-29 05351187 c:ComputerEquipment 2015-03-01 2016-02-29 05351187 c:PlantMachinery 2015-03-01 2016-02-29 05351187 c:ProvisionsForDeferredTaxation 2015-02-28 xbrli:shares iso4217:GBP

Registered number: 05351187










EDEN ESTATE AGENTS LIMITED








UNAUDITED

ABBREVIATED ACCOUNTS

FOR THE YEAR ENDED 29 FEBRUARY 2016

 
EDEN ESTATE AGENTS LIMITED
REGISTERED NUMBER: 05351187

ABBREVIATED BALANCE SHEET
AS AT 29 FEBRUARY 2016

29 February
28 February
2016
2015
Note
£
£
£
£
 
Fixed assets





 
Tangible assets
 
2
20,731
21,824
 
Current assets





 
Debtors
3
77,264
51,620

 
Cash at bank

43,149
45,029







 
120,413
96,649
 
Creditors: amounts falling due within one year
(44,495)
(49,567)
 
Net current assets


75,918

47,082
 
Total assets less current liabilities
96,649
68,906
 
Provisions for liabilities





 
Deferred tax
(3,679)
(3,795)

Net assets




 92,970


 65,111
  
Capital and reserves

 
Called up share capital
4
4
4
 
Profit and loss account
92,966
65,107
 
Shareholders' funds
 

 92,970

 65,111


The directors consider that the company is entitled to exemption from the requirement to have an audit under the provisions of section 477 of the Companies Act 2006 ("the Act") and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Act. 

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and for preparing financial statements which give a true and fair view of the state of affairs of the company as at 29 February 2016 and of its profit for the year in accordance with the requirements of sections 394 and 395 of the Act and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.


The abbreviated accounts, which have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006, were approved and authorised for issue by the board and were signed on its behalf by: 





N H T Miller
Director

Date: 24 November 2016

The notes on pages 2 to 3 form part of these financial statements.

Page 1

 
EDEN ESTATE AGENTS LIMITED
 

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 29 FEBRUARY 2016

1.Accounting policies

1.1
Basis of preparation of financial statements

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1.2
Turnover

Turnover comprises revenue recognised by the company in respect of goods and services supplied during the year, exclusive of Value Added Tax 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 of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant and machinery
-
20% reducing balance
Fixtures and fittings
-
20% reducing balance
Computer equipment
-
33% on cost

1.4
Deferred taxation

Full provision is made for deferred tax assets and liabilities arising from all timing differences between the recognition of gains and losses in the financial statements and recognition in the tax computation.

A net deferred tax asset is recognised only if it can be regarded as more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted.
Deferred tax assets and liabilities are calculated at the tax rates expected to be effective at the time the timing differences are expected to reverse.
Deferred tax assets and liabilities are not discounted.

1.5
Financial instruments

Financial instruments are classified and accounted for according to the substance of the contractual arrangement, as either financial assets, financial liabilities, or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Page 2

 
EDEN ESTATE AGENTS LIMITED
 

NOTES TO THE ABBREVIATED ACCOUNTS
FOR THE YEAR ENDED 29 FEBRUARY 2016

2.Tangible fixed assets



£


Cost 


At 1 March 2015
64,234

Additions
7,741


At 29 February 2016

71,975



Depreciation


At 1 March 2015
42,410

Charge for the year
8,834


At 29 February 2016

51,244




Net book value


At 29 February 2016
 20,731


At 28 February 2015

 21,824

 
3.Debtors
 
Included within debtors due within one year is a loan to the directors amounting to £46,015 (2015 £32,052).  Interest is charged on the outstanding balance.
 

4.Share capital
     29 February
      28 February
        2016
        2015
        £

        £

Allotted, called up and fully paid



2 Ordinary shares of £1 each
2
2
1 Ordinary A share of £1
1
1
1 Ordinary B share of £1
1
1

 4

 4

Page 3