ECONOMIC DEVELOPMENT INCORPORATED LTD

Company Registration Number:
13125262 (England and Wales)

Unaudited abridged accounts for the year ended 30 June 2023

Period of accounts

Start date: 01 July 2022

End date: 30 June 2023

ECONOMIC DEVELOPMENT INCORPORATED LTD

Contents of the Financial Statements

for the Period Ended 30 June 2023

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

ECONOMIC DEVELOPMENT INCORPORATED LTD

Company Information

for the Period Ended 30 June 2023




Director: Majdi Haj Khalil
Amal Abu Kteish
Jhanna Naser Ideis
Secretary: Majdi Haj Khalil
Registered office: 7
Dovedale Rise
Mitcham
England
CR4 3JN
Company Registration Number: 13125262 (England and Wales)

ECONOMIC DEVELOPMENT INCORPORATED LTD

Directors' Report Period Ended 30 June 2023

The directors present their report with the financial statements of the company for the period ended 30 June 2023

Principal Activities

General Management Consultancy Services to Private and Public Sectors.

Political and charitable donations

None

Company policy on the employment of disabled persons

We definitely encourage and will work with disable consultants where possible.

Additional information

None

Directors

The directors shown below have held office during the whole of the period from 01 July 2022 to 30 June 2023
Majdi Haj Khalil
Amal Abu Kteish
Jhanna Naser Ideis

Secretary
Majdi Haj Khalil

This report was approved by the board of directors on 18 July 2023
And Signed On Behalf Of The Board By:

Name: Majdi Haj Khalil
Status: Director

ECONOMIC DEVELOPMENT INCORPORATED LTD

Profit and Loss Account

for the Period Ended 30 June 2023


Notes

2023
£
18 months to
30 Jun 2022
£
Gross Profit or (Loss) 20,528 19,407
Administrative Expenses ( 35,696 ) ( 17,160 )
Operating Profit or (Loss) ( 15,168 ) 2,247
Profit or (Loss) Before Tax ( 15,168 ) 2,247
Profit or (Loss) for Period ( 15,168 ) 2,247

The notes form part of these financial statements

ECONOMIC DEVELOPMENT INCORPORATED LTD

Balance sheet

As at 30 June 2023


Notes

2023
£
18 months to
30 Jun 2022
£
Fixed assets
Total fixed assets: - -
Current assets
Cash at bank and in hand: 6,006 33,388
Total current assets: 6,006 33,388
Net current assets (liabilities): 6,006 33,388
Total assets less current liabilities: 6,006 33,388
Creditors: amounts falling due after more than one year: ( 15,995 ) ( 28,209 )
Total net assets (liabilities): ( 9,989 ) 5,179

The notes form part of these financial statements

ECONOMIC DEVELOPMENT INCORPORATED LTD

Balance sheet continued

As at 30 June 2023


Notes

2023
£
18 months to
30 Jun 2022
£
Capital and reserves
Called up share capital: 3,000 3,000
Profit and loss account: ( 12,989 ) 2,179
Shareholders funds: ( 9,989 ) 5,179

For the year ending 30 June 2023 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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 18 July 2023
And Signed On Behalf Of The Board By:

Name: Majdi Haj Khalil
Status: Director

The notes form part of these financial statements

ECONOMIC DEVELOPMENT INCORPORATED LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

  • 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

ECONOMIC DEVELOPMENT INCORPORATED LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

  • 2. Employees


    2023
    18 months to
    30 Jun 2022
    Average number of employees during the period 2 2

ECONOMIC DEVELOPMENT INCORPORATED LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

  • 3. Off balance sheet disclosure

    No