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REGISTERED NUMBER: 01924578 (England and Wales)












Unaudited Financial Statements

for the Year Ended 31 July 2023

for

Edenbrace Limited

Edenbrace Limited (Registered number: 01924578)

Contents of the Financial Statements
for the Year Ended 31 July 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Edenbrace Limited

Company Information
for the Year Ended 31 July 2023







DIRECTORS: Mr CWG Hadcock
Mrs CJ Hadcock
Mrs C Faulds
Mrs EJ Higgins





SECRETARY: Mr R Harper





REGISTERED OFFICE: Roach Road
Samlesbury
Preston
Lancashire
PR5 0DB





REGISTERED NUMBER: 01924578 (England and Wales)






Edenbrace Limited (Registered number: 01924578)

Balance Sheet
31 July 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,468,539 2,503,708

CURRENT ASSETS
Debtors 5 68,130 40,026
Cash in hand 34,365 3,193
102,495 43,219
CREDITORS
Amounts falling due within one year 6 225,584 210,871
NET CURRENT LIABILITIES (123,089 ) (167,652 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,345,450

2,336,056

CREDITORS
Amounts falling due after more than one
year

7

465,609

527,741
NET ASSETS 1,879,841 1,808,315

CAPITAL AND RESERVES
Called up share capital 50,000 50,000
Revaluation reserve 8 188,531 188,531
Other reserves 8 1,716,000 1,716,000
Retained earnings 8 (74,690 ) (146,216 )
SHAREHOLDERS' FUNDS 1,879,841 1,808,315

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 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.

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 7 February 2024 and were signed on its behalf by:





Mrs CJ Hadcock - Director


Edenbrace Limited (Registered number: 01924578)

Notes to the Financial Statements
for the Year Ended 31 July 2023


1. STATUTORY INFORMATION

Edenbrace 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.

Turnover represents the sale of hydroelectric power generated on site.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

The land and buildings were independently valued in November 2005. The directors are satisfied that they are worth not less than the amount stated.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 August 2022
and 31 July 2023 1,817,419 1,000,456 2,817,875
DEPRECIATION
At 1 August 2022 110,369 203,798 314,167
Charge for year 14,736 20,433 35,169
At 31 July 2023 125,105 224,231 349,336
NET BOOK VALUE
At 31 July 2023 1,692,314 776,225 2,468,539
At 31 July 2022 1,707,050 796,658 2,503,708

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 59,336 21,794
Other debtors 8,794 18,232
68,130 40,026

Edenbrace Limited (Registered number: 01924578)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 85,000 85,000
Trade creditors 108,232 109,115
Taxation and social security 18,551 7,315
Other creditors 13,801 9,441
225,584 210,871

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 181,168 251,567
Other creditors 284,441 276,174
465,609 527,741

8. RESERVES
Retained Revaluation Other
earnings reserve reserves Totals
£    £    £    £   

At 1 August 2022 (146,216 ) 188,531 1,716,000 1,758,315
Profit for the year 71,526 71,526
At 31 July 2023 (74,690 ) 188,531 1,716,000 1,829,841

9. RELATED PARTY DISCLOSURES

CWG and CJ Hadcock are directors of Designbit Ltd.

During the year the company received rent of £48,000 (2022: £48,000) from Designbit Ltd and £14,000 (2022: £14,000) from CWG Hadcock.