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REGISTERED NUMBER: 10232578 (England and Wales)















Unaudited Financial Statements

for the Period 1 July 2021 to 31 December 2021

for

Eden Smith Capital Limited

Eden Smith Capital Limited (Registered number: 10232578)






Contents of the Financial Statements
for the Period 1 July 2021 to 31 December 2021




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Eden Smith Capital Limited

Company Information
for the Period 1 July 2021 to 31 December 2021







DIRECTORS: Mrs C H Black
J S Clark
M F Smith





REGISTERED OFFICE: 26 Dorset Gardens
Rochford
Essex
SS4 3AH





REGISTERED NUMBER: 10232578 (England and Wales)





ACCOUNTANTS: HCL Accountancy Limited
26 Dorset Gardens
Rochford
Essex
SS4 3AH

Eden Smith Capital Limited (Registered number: 10232578)

Balance Sheet
31 December 2021

31.12.21 30.6.21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 411 444

CURRENT ASSETS
Debtors 5 989,755 1,250,129
Cash at bank 783,289 299,306
1,773,044 1,549,435
CREDITORS
Amounts falling due within one year 6 1,752,385 1,527,813
NET CURRENT ASSETS 20,659 21,622
TOTAL ASSETS LESS CURRENT
LIABILITIES

21,070

22,066

PROVISIONS FOR LIABILITIES 78 84
NET ASSETS 20,992 21,982

CAPITAL AND RESERVES
Called up share capital 7 800 800
Retained earnings 20,192 21,182
20,992 21,982

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

The members have not required the company to obtain an audit of its financial statements for the period 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.

Eden Smith Capital Limited (Registered number: 10232578)

Balance Sheet - 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.

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 9 September 2022 and were signed on its behalf by:




J S Clark - Director



M F Smith - Director


Eden Smith Capital Limited (Registered number: 10232578)

Notes to the Financial Statements
for the Period 1 July 2021 to 31 December 2021

1. STATUTORY INFORMATION

Eden Smith Capital 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.

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
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance

Taxation
Taxation for the period 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 period 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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 3 (2021 - 3 ) .

Eden Smith Capital Limited (Registered number: 10232578)

Notes to the Financial Statements - continued
for the Period 1 July 2021 to 31 December 2021

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 July 2021
and 31 December 2021 1,000
DEPRECIATION
At 1 July 2021 556
Charge for period 33
At 31 December 2021 589
NET BOOK VALUE
At 31 December 2021 411
At 30 June 2021 444

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.21 30.6.21
£    £   
Trade debtors 816,127 1,018,625
Amounts recoverable on contract 91,724 157,808
Other debtors 81,904 73,696
989,755 1,250,129

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.21 30.6.21
£    £   
Trade creditors 283,558 467,678
Tax 164 -
Social security and other taxes 15 -
Other creditors 1,387,059 969,570
Directors' current accounts 262 262
Deferred income 73,053 88,732
Accrued expenses 8,274 1,571
1,752,385 1,527,813

7. CALLED UP SHARE CAPITAL

Allocated, issued and fully paid:

Number:

Class:
Nominal
value:

31.12.21

30.6.21
100 Ordinary A £1 100 100
100 Ordinary B £1 100 100
100 Ordinary C £1 100 100
100 Ordinary D £1 100 100
100 Ordinary E £1 100 100
100 Ordinary F £1 100 100
100 Ordinary G £1 100 100
100 Ordinary H £1 100 100
800 800

Eden Smith Capital Limited (Registered number: 10232578)

Notes to the Financial Statements - continued
for the Period 1 July 2021 to 31 December 2021

8. RELATED PARTY DISCLOSURES

The amount outstanding at the balance sheet date from Augusta Capital Limited is £26,675 which is included within other debtors amounts falling due within one year, a company in which the shareholders are directors.

The amount outstanding at the balance sheet date from Augusta Funding Limited is £100 which is included within other debtors amounts falling due within one year, a company in which the shareholders are directors.

The amount outstanding at the balance sheet date to Eden Smith Consulting Limited is £1,387,059 which is included within other creditors amounts falling due within one year. The following directors' of Eden Smith Capital Limited J S Clark and M F Smith are also director's of Eden Smith Consulting Limited

During the period under review, Eden Smith Consulting Limited made sales of £919,793 to Eden Smith Capital Limited.

9. POST BALANCE SHEET EVENTS

Since the year end a pandemic outbreak of Covid-19 has continued to have a significant impact on both people and industry across the world. The directors are carefully monitoring the situation and following the applicable guidance issued by the UK Governments. Due to the nature of the outbreak and the ongoing affect it is having around the world it is currently very difficult to predict the overall impact this situation will have on the Company going forward. The directors have exercised judgement in evaluating the impact of Covid-19 on these financial statements.

10. ULTIMATE CONTROLLING PARTY

During the period ended 31 December 2021, Mrs C H Black, a director, together with members of her close family, controlled the company by virtue of a controlling interest (directly or indirectly) of 100% of the issued ordinary share capital.