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REGISTERED NUMBER: 00317446 (England and Wales)




















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 202

FOR

EDEN PROPERTY LETTING LIMITED

EDEN PROPERTY LETTING LIMITED (REGISTERED NUMBER: 00317446)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


EDEN PROPERTY LETTING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2021







DIRECTORS: B C Bland
S H Speed





SECRETARY: B C Bland





REGISTERED OFFICE: 31 Nations Hill
Winchester
Hampshire
SO23 7QY





REGISTERED NUMBER: 00317446 (England and Wales)





ACCOUNTANTS: Civvals Limited
50 Seymour Street
London
W1H 7JG

EDEN PROPERTY LETTING LIMITED (REGISTERED NUMBER: 00317446)

BALANCE SHEET
31 DECEMBER 2021

2021 2020
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,181 2,314
Investments 5 1,440,941 -
Investment property 6 5,547,550 8,651,000
6,990,672 8,653,314

CURRENT ASSETS
Debtors 7 164,838 185,972
Cash at bank 1,255,707 90,266
1,420,545 276,238
CREDITORS
Amounts falling due within one year 8 898,596 177,281
NET CURRENT ASSETS 521,949 98,957
TOTAL ASSETS LESS CURRENT
LIABILITIES

7,512,621

8,752,271

CREDITORS
Amounts falling due after more than
one year

9

-

(358,121

)

PROVISIONS FOR LIABILITIES (590,000 ) (1,046,837 )
NET ASSETS 6,922,621 7,347,313

EDEN PROPERTY LETTING LIMITED (REGISTERED NUMBER: 00317446)

BALANCE SHEET - continued
31 DECEMBER 2021

2021 2020
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 6,000 6,000
Other reserves 10 1,346 1,346
Fair value reserves 10 3,149,848 5,141,249
Retained earnings 10 3,765,427 2,198,718
SHAREHOLDERS' FUNDS 6,922,621 7,347,313

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5 August 2022 and were signed on its behalf by:





B C Bland - Director


EDEN PROPERTY LETTING LIMITED (REGISTERED NUMBER: 00317446)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021


1. STATUTORY INFORMATION

Eden Property Letting Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

Turnover
Turnover represents rental income received or receivable, excluding value added tax.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2020 - 4 ) .

EDEN PROPERTY LETTING LIMITED (REGISTERED NUMBER: 00317446)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2021


4. TANGIBLE FIXED ASSETS
Plant and
machiner
etc
£   
COST
At 1 January 2021 13,000
Additions 594
At 31 December 2021 13,594
DEPRECIATION
At 1 January 2021 10,686
Charge for year 727
At 31 December 2021 11,413
NET BOOK VALUE
At 31 December 2021 2,181
At 31 December 2020 2,314

5. FIXED ASSET INVESTMENTS
Other
investmen
£   
COST OR VALUATION
Additions 1,500,000
Revaluations (59,059 )
At 31 December 2021 1,440,941
NET BOOK VALUE
At 31 December 2021 1,440,941

Cost or valuation at 31 December 2021 is represented by:

Other
investmen
£   
Valuation in 2021 (59,059 )
Cost 1,500,000
1,440,941

EDEN PROPERTY LETTING LIMITED (REGISTERED NUMBER: 00317446)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2021


6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2021 8,651,000
Disposals (3,103,450 )
At 31 December 2021 5,547,550
NET BOOK VALUE
At 31 December 2021 5,547,550
At 31 December 2020 8,651,000

Fair value at 31 December 2021 is represented by:
£   
Valuation in 2016 5,923,179
Valuation in 2017 381,048
Valuation in 2018 (62,530 )
Valuation in 2021 (3,103,450 )
Cost 2,409,303
5,547,550

The valuation of the properties were undertaken by the directors.

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Other debtors 164,838 185,972

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Bank loans and overdrafts 316,839 44,583
Trade creditors 935 -
Taxation and social security 504,308 50,540
Other creditors 76,514 82,158
898,596 177,281

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2021 2020
£    £   
Bank loans - 358,121

EDEN PROPERTY LETTING LIMITED (REGISTERED NUMBER: 00317446)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2021


9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
2021 2020
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loan after 5 years - 358,121

The bank loan is secured by fixed and floating charges on the land and buildings.

10. RESERVES
Fair
Retained Other value
earnings reserves reserves Totals
£    £    £    £   

At 1 January 2021 2,198,718 1,346 5,141,249 7,341,313
Deficit for the year (397,593 ) (397,593 )
Dividends (27,099 ) (27,099 )
Reserves transfer 1,991,401 - (1,991,401 ) -
At 31 December 2021 3,765,427 1,346 3,149,848 6,916,621