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REGISTERED NUMBER: 05600257 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

FOR

EDCH PROPERTIES LIMITED

EDCH PROPERTIES LIMITED (REGISTERED NUMBER: 05600257)






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




Page

Company Information 1

Abridged Statement of Financial Position 2

Notes to the Financial Statements 4

Chartered Accountants' Report 6

EDCH PROPERTIES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2021







DIRECTORS: M Choyce
S T Edwards





SECRETARY: M Choyce





REGISTERED OFFICE: 280 Barton Street
Gloucester
Gloucestershire
GL1 4JJ





REGISTERED NUMBER: 05600257 (England and Wales)





ACCOUNTANTS: Andorran Limited
6 Manor Park Business Centre
Mackenzie Way
Cheltenham
Gloucestershire
GL51 9TX

EDCH PROPERTIES LIMITED (REGISTERED NUMBER: 05600257)

ABRIDGED STATEMENT OF FINANCIAL POSITION
31 DECEMBER 2021

31.12.21 31.12.20
Notes £    £   
FIXED ASSETS
Tangible assets 4 456,112 461,448

CURRENT ASSETS
Debtors 39,932 40,832
Cash at bank - 4,387
39,932 45,219
CREDITORS
Amounts falling due within one year (24,570 ) (32,600 )
NET CURRENT ASSETS 15,362 12,619
TOTAL ASSETS LESS CURRENT
LIABILITIES

471,474

474,067

CREDITORS
Amounts falling due after more than one
year

5

(148,287

)

(166,159

)
NET ASSETS 323,187 307,908

CAPITAL AND RESERVES
Called up share capital 7 9,202 9,202
Retained earnings 313,985 298,706
SHAREHOLDERS' FUNDS 323,187 307,908

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.

EDCH PROPERTIES LIMITED (REGISTERED NUMBER: 05600257)

ABRIDGED STATEMENT OF FINANCIAL POSITION - continued
31 DECEMBER 2021


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Statement of Financial Position for the year ended 31 December 2021 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

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





S T Edwards - Director


EDCH PROPERTIES LIMITED (REGISTERED NUMBER: 05600257)

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

1. STATUTORY INFORMATION

EDCH Properties 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.

Turnover
Rental income is charged monthly in advance and recognised as income on invoicing.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Freehold property - 2% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2020 - 2 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2021
and 31 December 2021 466,784
DEPRECIATION
At 1 January 2021 5,336
Charge for year 5,336
At 31 December 2021 10,672
NET BOOK VALUE
At 31 December 2021 456,112
At 31 December 2020 461,448

EDCH PROPERTIES LIMITED (REGISTERED NUMBER: 05600257)

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

5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE
YEARS
31.12.21 31.12.20
£    £   
Repayable by instalments
Bank loans more 5 yr by instal 68,287 86,159

6. SECURED DEBTS

The following secured debts are included within creditors:

31.12.21 31.12.20
£    £   
Bank loans 168,287 186,159

The bank loan is secured by a debenture and a fixed charge over the company's freehold property

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.21 31.12.20
value: £    £   
9,002 Ordinary £1 9,002 9,002
100 A Preference £1 100 100
100 B Preference £1 100 100
9,202 9,202

8. RELATED PARTY DISCLOSURES

The Old Joinery Company Limited

Company under common control


In a previous period the company advanced £38,632 to The Old Joinery Company Limited as working capital. The advance is unsecured, interest-free and repayable on demand.

During the year the company invoiced rents totalling £22,000 to The Old Joinery Company Limited, on an arms length basis.

31.12.21 31.12.20
£    £   
Amount due from related party at the balance sheet date 39,932 33,032

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
EDCH PROPERTIES LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of EDCH Properties Limited for the year ended 31 December 2021 which comprise the Statement of Income and Retained Earnings, Abridged Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of EDCH Properties Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of EDCH Properties Limited and state those matters that we have agreed to state to the Board of Directors of EDCH Properties Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than EDCH Properties Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that EDCH Properties Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of EDCH Properties Limited. You consider that EDCH Properties Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of EDCH Properties Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Andorran Limited
6 Manor Park Business Centre
Mackenzie Way
Cheltenham
Gloucestershire
GL51 9TX


5 September 2022