Relate AccountsProduction v2.6.3 v2.6.3 2022-11-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts The principal activity of the company continued to be that of a holding company. 20 February 2024 1 1 NI640760 2023-10-31 NI640760 2022-10-31 NI640760 2021-10-31 NI640760 2022-11-01 2023-10-31 NI640760 2021-11-01 2022-10-31 NI640760 uk-bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 NI640760 uk-bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-10-31 NI640760 uk-bus:AbridgedAccounts 2022-11-01 2023-10-31 NI640760 uk-core:ShareCapital 2023-10-31 NI640760 uk-core:ShareCapital 2022-10-31 NI640760 uk-core:SharePremium 2023-10-31 NI640760 uk-core:SharePremium 2022-10-31 NI640760 uk-core:RetainedEarningsAccumulatedLosses 2023-10-31 NI640760 uk-core:RetainedEarningsAccumulatedLosses 2022-10-31 NI640760 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2023-10-31 NI640760 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2022-10-31 NI640760 uk-bus:FRS102 2022-11-01 2023-10-31 NI640760 uk-core:CostValuation 2023-10-31 NI640760 uk-core:Subsidiary1 2022-11-01 2023-10-31 NI640760 uk-core:Subsidiary2 2022-11-01 2023-10-31 NI640760 2022-11-01 2023-10-31 NI640760 uk-bus:Director1 2022-11-01 2023-10-31 NI640760 uk-bus:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 xbrli:pure iso4217:GBP xbrli:shares
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Company Registration Number: NI640760
 
 
EDBF LTD
 
Abridged Unaudited Financial Statements
 
for the financial year ended 31 October 2023
EDBF LTD
Company Registration Number: NI640760
ABRIDGED BALANCE SHEET
as at 31 October 2023

2023 2022
Notes £ £
 
Fixed Assets
Investments 4 361,375 361,375
───────── ─────────
 
Current Assets
Debtors 52,000 46,000
Cash at bank and in hand 132,595 96,627
───────── ─────────
184,595 142,627
───────── ─────────
Creditors: amounts falling due within one year (1,560) (1,560)
───────── ─────────
Net Current Assets 183,035 141,067
───────── ─────────
Total Assets less Current Liabilities 544,410 502,442
 
Creditors:
amounts falling due after more than one year (12,571) (12,994)
───────── ─────────
Net Assets 531,839 489,448
═════════ ═════════
 
Capital and Reserves
Called up share capital 10 10
Share premium account 5 361,360 361,360
Retained earnings 170,469 128,078
───────── ─────────
Shareholders' Funds 531,839 489,448
═════════ ═════════
 
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).
           
All of the members have consented to the preparation of abridged accounts in accordance with section 444(2A) of the Companies Act 2006.
           
The company has taken advantage of the exemption under section 444 not to file the Abridged Profit and Loss Account and Director's Report.
           
For the financial year ended 31 October 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
           
The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.
           
The director acknowledges his responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.
           
Approved by the Director and authorised for issue on 20 February 2024
           
________________________________          
Mr. Anthony Feeney          
Director          
           



EDBF LTD
NOTES TO THE ABRIDGED FINANCIAL STATEMENTS
for the financial year ended 31 October 2023

   
1. General Information
 
EDBF LTD is a company limited by shares incorporated in Northern Ireland. The registered office of the company is 21 Annaghbeg Park North, Donaghmore, Dungannon, Co. Tyrone, BT70 1RG, United Kingdom which is also the principal place of business of the company. The nature of the company's operations and its principal activities are set out in the Director's Report.
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance
The financial statements of the company for the year ended 31 October 2023 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
 
Basis of preparation
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Consolidated accounts
The company is entitled to the exemption in Section 399 of the Companies Act 2006 from the obligation to prepare group accounts.
 
Investments
Investments held as fixed assets are stated at cost less provision for any permanent diminution in value. Income from other investments together with any related tax credit is recognised in the profit and loss account in the year in which it is receivable.
 
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
 
Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
 
Taxation
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.
 
Ordinary share capital
The ordinary share capital of the company is presented as equity.
       
3. Employees
 
The average monthly number of employees, including director, during the financial year was 1, (2022 - 1).
 
  2023 2022
  Number Number
 
Administrative 1 1
  ═════════ ═════════
       
4. Investments
  Group and Total
  participating  
  interests/  
  joint ventures  
Investments £ £
Cost
 
At 31 October 2023 361,375 361,375
  ───────── ─────────
Net book value
At 31 October 2023 361,375 361,375
  ═════════ ═════════
At 31 October 2022 361,375 361,375
  ═════════ ═════════
             
4.1. Holdings in related undertakings
The company holds 20% or more of the share capital of the following companies:
 
  Country Nature   Details Proportion
  of of   of held by
Name incorporation and address of Registered Office business   investment company
 
Subsidiary undertaking
AM Electrical Services (NI) Ltd N.Ireland Electrical   Ordinary 50%
 
Geno Property Ltd N.Ireland Property   Ordinary 50%
 
 
In the opinion of the director, the value to the company of the unlisted investments is not less than the book amount shown above.
   
5. Reserves
 
Share Premium Reserve
 
This relates to the issue of shares in AM Electrical Services (NI) Ltd.
 
       
6. Capital commitments
 
The company had no material capital commitments at the financial year-ended 31 October 2023.
   
7. Post-Balance Sheet Events
 
There have been no significant events affecting the company since the financial year-end.