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REGISTERED NUMBER: 11559041 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2023

FOR

EDP PARTNERS LIMITED

EDP PARTNERS LIMITED (REGISTERED NUMBER: 11559041)






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




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


EDP PARTNERS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2023







DIRECTORS: Miss L R Abbot
Mr D C Bycroft





REGISTERED OFFICE: 14 Regent Street
Great Yarmouth
Norfolk
NR30 1RN





REGISTERED NUMBER: 11559041 (England and Wales)





ACCOUNTANTS: Farnell Clarke Limited
Evolution House
Delft Way
Norwich Airport
Norwich
Norfolk
NR6 6BB

EDP PARTNERS LIMITED (REGISTERED NUMBER: 11559041)

STATEMENT OF FINANCIAL POSITION
30 SEPTEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 410,800 225,000

CURRENT ASSETS
Debtors 5 1,381 822
Cash at bank 7,286 9,978
8,667 10,800
CREDITORS
Amounts falling due within one year 6 311,236 144,627
NET CURRENT LIABILITIES (302,569 ) (133,827 )
TOTAL ASSETS LESS CURRENT LIABILITIES 108,231 91,173

PROVISIONS FOR LIABILITIES 16,499 16,499
NET ASSETS 91,732 74,674

CAPITAL AND RESERVES
Called up share capital 7 100 100
Fair value reserve 8 49,497 49,497
Retained earnings 42,135 25,077
SHAREHOLDERS' FUNDS 91,732 74,674

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

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

EDP PARTNERS LIMITED (REGISTERED NUMBER: 11559041)

STATEMENT OF FINANCIAL POSITION - continued
30 SEPTEMBER 2023


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 17 April 2024 and were signed on its behalf by:





Mr D C Bycroft - Director


EDP PARTNERS LIMITED (REGISTERED NUMBER: 11559041)

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

1. STATUTORY INFORMATION

EDP Partners 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.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 NIL (2022 - NIL).

EDP PARTNERS LIMITED (REGISTERED NUMBER: 11559041)

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

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2022 225,000
Additions 185,800
At 30 September 2023 410,800
NET BOOK VALUE
At 30 September 2023 410,800
At 30 September 2022 225,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Prepayments 1,381 822

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Corporation tax 4,001 1,893
Other creditors 199,487 139,487
Directors' current accounts 106,248 624
Deferred income 1,500 1,500
Accrued expenses - 1,123
311,236 144,627

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100

8. RESERVES
Fair
value
reserve
£   
At 1 October 2022
and 30 September 2023 49,497

9. RELATED PARTY DISCLOSURES

EDP Partners Limited was acquired by Charles Bycroft & Co Limited. As at the balance sheet date, EDP Partners Limited owed Charles Bycroft & Co Limited £196,237 (2022: £136,237), included in other creditors.

EDP PARTNERS LIMITED (REGISTERED NUMBER: 11559041)

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

10. ULTIMATE CONTROLLING PARTY

EDP Partners Limited is controlled by Charles Bycroft & Co Limited.