EDENBRIDGE FINANCE LTD

Company Registration Number:
11358428 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2022

Period of accounts

Start date: 01 April 2021

End date: 31 March 2022

EDENBRIDGE FINANCE LTD

Contents of the Financial Statements

for the Period Ended 31 March 2022

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

EDENBRIDGE FINANCE LTD

Company Information

for the Period Ended 31 March 2022




Director: Randal Eric Goldsmith
Secretary: Sheila Ross Stocker
Registered office: 50
Sandhurst Drive
Ilford
GBR
IG3 9DD
Company Registration Number: 11358428 (England and Wales)

EDENBRIDGE FINANCE LTD

Directors' Report Period Ended 31 March 2022

The directors present their report with the financial statements of the company for the period ended 31 March 2022

Principal Activities

Bridge and development financing, Investment trust

Political and charitable donations

None

Company policy on the employment of disabled persons

NA

Directors

The directors shown below have held office during the whole of the period from 01 April 2021 to 31 March 2022
Randal Eric Goldsmith

Secretary
Sheila Ross Stocker

This report was approved by the board of directors on 7 September 2022
And Signed On Behalf Of The Board By:

Name: Randal Eric Goldsmith
Status: Director

EDENBRIDGE FINANCE LTD

Profit and Loss Account

for the Period Ended 31 March 2022


Notes

2022
£

2021
£
Turnover 13,945 19,305
Cost of sales ( 2,586 ) ( 2,104 )
Gross Profit or (Loss) 11,359 17,201
Administrative Expenses ( 970 ) ( 973 )
Operating Profit or (Loss) 10,389 16,228
Interest Payable and Similar Charges ( 7,903 ) ( 9,975 )
Profit or (Loss) Before Tax 2,486 6,253
Tax on Profit ( 472 ) ( 1,188 )
Profit or (Loss) for Period 2,014 5,065

The notes form part of these financial statements

EDENBRIDGE FINANCE LTD

Balance sheet

As at 31 March 2022


Notes

2022
£

2021
£
Fixed assets
Intangible assets: 4 707,724 950,422
Total fixed assets: 707,724 950,422
Current assets
Cash at bank and in hand: 206,289 250,409
Total current assets: 206,289 250,409
Prepayments and accrued income: 1,032 1,550
Creditors: amounts falling due within one year: 5 ( 2,339 ) ( 9,625 )
Net current assets (liabilities): 204,982 242,334
Total assets less current liabilities: 912,706 1,192,756
Creditors: amounts falling due after more than one year: 6 ( 783,000 ) ( 1,175,518 )
Total net assets (liabilities): 129,706 17,238

The notes form part of these financial statements

EDENBRIDGE FINANCE LTD

Balance sheet continued

As at 31 March 2022


Notes

2022
£

2021
£
Capital and reserves
Called up share capital: 1,000 1,000
Revaluation reserve: 7 ( 37,212 ) ( 113,568 )
Profit and loss account: 165,918 129,806
Shareholders funds: 129,706 17,238

For the year ending 31 March 2022 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 7 September 2022
And Signed On Behalf Of The Board By:

Name: Randal Eric Goldsmith
Status: Director

The notes form part of these financial statements

EDENBRIDGE FINANCE LTD

Notes to the Financial Statements

for the Period Ended 31 March 2022

  • 1. Accounting policies

    Basis of measurement and preparation

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

    Turnover policy

    Turnover is the sum of interest received on bridging and development finance.

    Valuation information and policy

    Asset are revalued annually, taking account of market prices at the company's 31 March year end.

EDENBRIDGE FINANCE LTD

Notes to the Financial Statements

for the Period Ended 31 March 2022

  • 2. Employees


    2022

    2021
    Average number of employees during the period 0 0

EDENBRIDGE FINANCE LTD

Notes to the Financial Statements

for the Period Ended 31 March 2022

  • 3. Off balance sheet disclosure

    No

EDENBRIDGE FINANCE LTD

Notes to the Financial Statements

for the Period Ended 31 March 2022

4. Intangible assets

Other Total
Cost £ £
At 01 April 2021 950,422 950,422
Additions 302,331 302,331
Disposals ( 621,386 ) ( 621,386 )
Revaluations 76,357 76,357
Transfers - -
At 31 March 2022 707,724 707,724
Amortisation
Amortisation at 01 April 2021 - -
Charge for year - -
On disposals - -
Other adjustments - -
Amortisation at 31 March 2022 - -
Net book value
Net book value at 31 March 2022 707,724 707,724
Net book value at 31 March 2021 950,422 950,422

EDENBRIDGE FINANCE LTD

Notes to the Financial Statements

for the Period Ended 31 March 2022

5.Creditors: amounts falling due within one year note


2022
£

2021
£
Taxation and social security 472 1,188
Accruals and deferred income 1,867 8,437
Total 2,339 9,625

EDENBRIDGE FINANCE LTD

Notes to the Financial Statements

for the Period Ended 31 March 2022

6.Creditors: amounts falling due after more than one year


2022
£

2021
£
Other creditors 783,000 1,175,518
Total 783,000 1,175,518

EDENBRIDGE FINANCE LTD

Notes to the Financial Statements

for the Period Ended 31 March 2022

7. Revaluation reserve


2022
£
Balance at 01 April 2021 ( 113,568 )
Surplus or deficit after revaluation 76,356
Balance at 31 March 2022 ( 37,212 )