IRIS Accounts Production v23.4.0.336 12497179 Board of Directors Board of Directors 1.12.22 30.11.23 30.11.23 false true false false false true false Fair value model ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh124971792022-11-30124971792023-11-30124971792022-12-012023-11-30124971792021-11-30124971792021-12-012022-11-30124971792022-11-3012497179ns15:EnglandWales2022-12-012023-11-3012497179ns14:PoundSterling2022-12-012023-11-3012497179ns10:Director12022-12-012023-11-3012497179ns10:Director22022-12-012023-11-3012497179ns10:PrivateLimitedCompanyLtd2022-12-012023-11-3012497179ns10:SmallEntities2022-12-012023-11-3012497179ns10:AuditExempt-NoAccountantsReport2022-12-012023-11-3012497179ns10:SmallCompaniesRegimeForDirectorsReport2022-12-012023-11-3012497179ns10:SmallCompaniesRegimeForAccounts2022-12-012023-11-3012497179ns10:AbridgedAccounts2022-12-012023-11-301249717912022-12-012023-11-3012497179ns10:OrdinaryShareClass12022-12-012023-11-3012497179ns10:RegisteredOffice2022-12-012023-11-3012497179ns5:CurrentFinancialInstruments2023-11-3012497179ns5:CurrentFinancialInstruments2022-11-3012497179ns5:ShareCapital2023-11-3012497179ns5:ShareCapital2022-11-3012497179ns5:FurtherSpecificReserve1ComponentTotalEquity2023-11-3012497179ns5:FurtherSpecificReserve1ComponentTotalEquity2022-11-3012497179ns5:RetainedEarningsAccumulatedLosses2023-11-3012497179ns5:RetainedEarningsAccumulatedLosses2022-11-3012497179ns5:NetGoodwill2022-12-012023-11-3012497179ns5:IntangibleAssetsOtherThanGoodwill2022-12-012023-11-3012497179ns5:DeferredTaxation2022-11-3012497179ns5:DeferredTaxation2022-12-012023-11-3012497179ns5:DeferredTaxation2023-11-3012497179ns10:OrdinaryShareClass12023-11-30
REGISTERED NUMBER: 12497179 (England and Wales)















Financial Statements for the Year Ended 30 November 2023

for

Edgebourn Management Limited

Edgebourn Management Limited (Registered number: 12497179)






Contents of the Financial Statements
for the Year Ended 30 November 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Edgebourn Management Limited

Company Information
for the Year Ended 30 November 2023







DIRECTORS: Mr S J Fellows
Mr M J Syner





REGISTERED OFFICE: 38 Stourbridge Road
Lye
Stourbridge
West Midlands
DY9 7DL





REGISTERED NUMBER: 12497179 (England and Wales)

Edgebourn Management Limited (Registered number: 12497179)

Abridged Balance Sheet
30 November 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Investments 5 66 66
Investment property 6 1,554,429 1,478,882
1,554,495 1,478,948

CURRENT ASSETS
Debtors 211,410 34,119
Cash at bank 307,129 227,868
518,539 261,987
CREDITORS
Amounts falling due within one year 22,126 17,869
NET CURRENT ASSETS 496,413 244,118
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,050,908

1,723,066

PROVISIONS FOR LIABILITIES 7 28,734 15,060
NET ASSETS 2,022,174 1,708,006

CAPITAL AND RESERVES
Called up share capital 8 132 132
Investment property reserve 86,201 64,875
Retained earnings 1,935,841 1,642,999
SHAREHOLDERS' FUNDS 2,022,174 1,708,006

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

Edgebourn Management Limited (Registered number: 12497179)

Abridged Balance Sheet - continued
30 November 2023


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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 November 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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 15 March 2024 and were signed on its behalf by:




Mr S J Fellows - Director



Mr M J Syner - Director


Edgebourn Management Limited (Registered number: 12497179)

Notes to the Financial Statements
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

Edgebourn Management 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 as modified by the revaluation of certain assets.

The financial statements have been prepared on a going concern basis.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Goodwill
Goodwill being the amount paid in connection with the acquisition of a business in previous years has been fully amortised.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.


Edgebourn Management Limited (Registered number: 12497179)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

2. ACCOUNTING POLICIES - continued
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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 December 2022
and 30 November 2023 1
AMORTISATION
At 1 December 2022
and 30 November 2023 1
NET BOOK VALUE

At 30 November 2023 -
At 30 November 2022 -

5. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST
At 1 December 2022
and 30 November 2023 66
NET BOOK VALUE
At 30 November 2023 66
At 30 November 2022 66

Edgebourn Management Limited (Registered number: 12497179)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 December 2022 1,478,882
Additions 40,547
Revaluations 35,000
At 30 November 2023 1,554,429
NET BOOK VALUE
At 30 November 2023 1,554,429
At 30 November 2022 1,478,882

Fair value at 30 November 2023 is represented by:
£   
Valuation in 2021 49,559
Valuation in 2022 30,376
Valuation in 2023 35,000
Cost 1,439,494
1,554,429

7. PROVISIONS FOR LIABILITIES
30.11.23 30.11.22
£    £   
Deferred tax
Unrealised property gains 28,734 15,060

Deferred
tax
£   
Balance at 1 December 2022 15,060
Charge to Income Statement during year 13,674
Balance at 30 November 2023 28,734

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.11.23 30.11.22
value: £    £   
132 ordinary £1 132 132