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REGISTERED NUMBER: 00981533 (England and Wales)









UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2023

FOR

EDGBARNE SECURITIES LIMITED

EDGBARNE SECURITIES LIMITED (REGISTERED NUMBER: 00981533)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


EDGBARNE SECURITIES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2023







DIRECTORS: R C Daniels
E J Daniels





SECRETARY: J G U Daniels





REGISTERED OFFICE: 4th Floor Tuition House
27-37 St George's Road
Wimbledon
London
SW19 4EU





BUSINESS ADDRESS: 81 Eaton Terrace
London
SW1W 8TN





REGISTERED NUMBER: 00981533 (England and Wales)





ACCOUNTANTS: Hartley Fowler LLP
Chartered Accountants
4th Floor Tuition House
27-37 St George's Road
Wimbledon
London
SW19 4EU

EDGBARNE SECURITIES LIMITED (REGISTERED NUMBER: 00981533)

BALANCE SHEET
30 JUNE 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Investments 5 1,281,023 1,250,422
Cash at bank 255,979 219,175
1,537,002 1,469,597
CREDITORS
Amounts falling due within one year 6 59,232 62,232
NET CURRENT ASSETS 1,477,770 1,407,365
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,477,770

1,407,365

PROVISIONS FOR LIABILITIES 7 200,391 192,741
NET ASSETS 1,277,379 1,214,624

CAPITAL AND RESERVES
Called up share capital 8 3 3
Other reserves 7,229 7,229
Fair value reserve 9 801,566 770,965
Retained earnings 468,581 436,427
SHAREHOLDERS' FUNDS 1,277,379 1,214,624

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 12 January 2024 and were signed on its behalf by:





E J Daniels - Director


EDGBARNE SECURITIES LIMITED (REGISTERED NUMBER: 00981533)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023


1. STATUTORY INFORMATION

Edgbarne Securities 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost

Taxation
Taxation for the year 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 year 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.

Current asset investments
Listed investments are measured at fair value, which is based on stock market valuations. Any changes in fair value are recognised in profit or loss. Aggregate fair value adjustments net of deferred tax are transferred from retained earnings to a fair value reserve to emphasise that such gains are unrealised.

EDGBARNE SECURITIES LIMITED (REGISTERED NUMBER: 00981533)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023


2. ACCOUNTING POLICIES - continued

Debtors and creditors receivable/payable within one year
Debtors and creditors with no stated interest rate and receivables or payables within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Impairment
Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2022
and 30 June 2023 1,121
DEPRECIATION
At 1 July 2022
and 30 June 2023 1,121
NET BOOK VALUE
At 30 June 2023 -

5. CURRENT ASSET INVESTMENTS
2023 2022
£    £   
Listed investments 1,281,023 1,250,422

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other creditors 59,232 62,232

7. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax
Other timing differences 200,391 192,741

EDGBARNE SECURITIES LIMITED (REGISTERED NUMBER: 00981533)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2023


7. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 July 2022 192,741
Provided during year 7,650
Balance at 30 June 2023 200,391

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
3 Ordinary 1 3 3

9. RESERVES
Fair
value
reserve
£   
At 1 July 2022 770,965
Fair value transfer 30,601

At 30 June 2023 801,566

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the balance sheet date the company owed R C Daniels £56,686 (2022: £56,686) in respect of his director's current account. The balance is unsecured, bears no interest and is repayable on demand.

11. ULTIMATE CONTROLLING PARTY

The company is controlled by the sole shareholder, Rupert Daniels.