Registered Number 05351187

EDEN ESTATE AGENTS LIMITED

Abbreviated Accounts

28 February 2013

EDEN ESTATE AGENTS LIMITED Registered Number 05351187

Abbreviated Balance Sheet as at 28 February 2013

Notes 2013 2012
£ £
Fixed assets
Tangible assets 2 5,992 9,814
5,992 9,814
Current assets
Debtors 43,990 35,783
Cash at bank and in hand 16 344
44,006 36,127
Creditors: amounts falling due within one year (49,535) (45,007)
Net current assets (liabilities) (5,529) (8,880)
Total assets less current liabilities 463 934
Provisions for liabilities (351) (931)
Total net assets (liabilities) 112 3
Capital and reserves
Called up share capital 1 1
Profit and loss account 111 2
Shareholders' funds 112 3
  • For the year ending 28 February 2013 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.
  • These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 14 November 2013

And signed on their behalf by:
N Miller, Director

EDEN ESTATE AGENTS LIMITED Registered Number 05351187

Notes to the Abbreviated Accounts for the period ended 28 February 2013

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
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.

Tangible assets depreciation policy
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:

Short term leasehold property 4% on cost
Plant and machinery 20% reducing balance
Fixtures and fittings 20% reducing balance
Computer equipment 33% on cost

Other accounting policies
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.

2Tangible fixed assets
£
Cost
At 1 March 2012 36,241
Additions 699
Disposals (2,930)
Revaluations -
Transfers -
At 28 February 2013 34,010
Depreciation
At 1 March 2012 26,427
Charge for the year 2,060
On disposals (469)
At 28 February 2013 28,018
Net book values
At 28 February 2013 5,992
At 29 February 2012 9,814