Caseware UK (AP4) 2022.0.179 2022.0.179 2023-04-052023-04-050falsetruetrue2022-04-06No description of principal activity0The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 00625752 2022-04-06 2023-04-05 00625752 2021-04-06 2022-04-05 00625752 2023-04-05 00625752 2022-04-05 00625752 c:Director2 2022-04-06 2023-04-05 00625752 c:Director3 2022-04-06 2023-04-05 00625752 d:CurrentFinancialInstruments 2023-04-05 00625752 d:CurrentFinancialInstruments 2022-04-05 00625752 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-05 00625752 d:CurrentFinancialInstruments d:WithinOneYear 2022-04-05 00625752 d:RevaluationReserve 2023-04-05 00625752 d:RevaluationReserve 2022-04-05 00625752 d:OtherMiscellaneousReserve 2023-04-05 00625752 d:OtherMiscellaneousReserve 2022-04-05 00625752 d:RetainedEarningsAccumulatedLosses 2023-04-05 00625752 d:RetainedEarningsAccumulatedLosses 2022-04-05 00625752 c:FRS102 2022-04-06 2023-04-05 00625752 c:AuditExempt-NoAccountantsReport 2022-04-06 2023-04-05 00625752 c:FullAccounts 2022-04-06 2023-04-05 00625752 c:CompanyLimitedByGuarantee 2022-04-06 2023-04-05 00625752 6 2022-04-06 2023-04-05 00625752 e:PoundSterling 2022-04-06 2023-04-05 iso4217:GBP xbrli:pure

Registered number: 00625752










GILBERT EDGAR FUND LIMITED
(A company limited by guarantee)








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 5 APRIL 2023

 
GILBERT EDGAR FUND LIMITED
 
(A company limited by guarantee)
REGISTERED NUMBER: 00625752

BALANCE SHEET
AS AT 5 APRIL 2023

2023
2022
Note
£
£

Fixed assets
  

Investments
 4 
377,151
401,615

  
377,151
401,615

Current assets
  

Debtors: amounts falling due within one year
 5 
586
354

Cash at bank and in hand
  
36,344
52,254

  
36,930
52,608

Creditors: amounts falling due within one year
 6 
(3,250)
(5,960)

Net current assets
  
 
 
33,680
 
 
46,648

Total assets less current liabilities
  
410,831
448,263

  

Net assets
  
410,831
448,263


Capital and reserves
  

Revaluation reserve
  
8,438
36,427

Capital fund
  
88,822
88,822

Profit and loss account
  
313,571
323,014

  
410,831
448,263


Page 1

 
GILBERT EDGAR FUND LIMITED
 
(A company limited by guarantee)
REGISTERED NUMBER: 00625752

BALANCE SHEET (CONTINUED)
AS AT 5 APRIL 2023

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




A H Penny
F A Smith
Director
Director


Date: 16 November 2023
Date:2 November 2023

The notes on pages 3 to 4 form part of these financial statements.

Page 2

 
GILBERT EDGAR FUND LIMITED

(A company limited by guarantee)
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2023

1.


General information

Gilbert Edgar Fund Limited is a company incorporated in England and Wales, registration number 00625752. The registered office is 2 Communications Road, Greenham, Newbury, RG19 6AB.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Valuation of investments

Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
2.3

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.4

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.5

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

The average monthly number of employees, including directors, during the year was 0 (2022 - 0).

Page 3

 
GILBERT EDGAR FUND LIMITED

(A company limited by guarantee)
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2023

4.


Fixed asset investments





Listed investments

£



Cost or valuation


At 6 April 2022
401,615


Additions
31,599


Disposals
(28,074)


Revaluations
(27,989)



At 5 April 2023
377,151




On a historical cost basis the listed investments would be included at a cost of £368,715 (2022: £365,188).


5.


Debtors

2023
2022
£
£


Other debtors
586
354



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Other creditors
-
2,710

Accruals and deferred income
3,250
3,250

3,250
5,960



7.


Capital fund

This represents the market value of the shares of H Samuel Limited at the date they were transferred to the company by the late Mr Gilbert Edgar.



8.


Company status

The company is a private company limited by guarantee and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.


Page 4