IRIS Accounts Productionv24.1.4.3300317446Board of Directors1.1.2331.12.2331.12.23falsetruefalsefalsetruefalseFair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh003174462022-12-31003174462023-12-31003174462023-01-012023-12-31003174462021-12-31003174462022-01-012022-12-31003174462022-12-3100317446ns15:EnglandWales2023-01-012023-12-3100317446ns14:PoundSterling2023-01-012023-12-3100317446ns10:Director12023-01-012023-12-3100317446ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3100317446ns10:SmallEntities2023-01-012023-12-3100317446ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3100317446ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3100317446ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3100317446ns10:FullAccounts2023-01-012023-12-3100317446ns10:Director22023-01-012023-12-3100317446ns10:CompanySecretary12023-01-012023-12-3100317446ns10:RegisteredOffice2023-01-012023-12-3100317446ns5:CurrentFinancialInstruments2023-12-3100317446ns5:CurrentFinancialInstruments2022-12-3100317446ns5:ShareCapital2023-12-3100317446ns5:ShareCapital2022-12-3100317446ns5:FurtherSpecificReserve1ComponentTotalEquity2023-12-3100317446ns5:FurtherSpecificReserve1ComponentTotalEquity2022-12-3100317446ns5:FurtherSpecificReserve2ComponentTotalEquity2023-12-3100317446ns5:FurtherSpecificReserve2ComponentTotalEquity2022-12-3100317446ns5:RetainedEarningsAccumulatedLosses2023-12-3100317446ns5:RetainedEarningsAccumulatedLosses2022-12-3100317446ns5:PlantMachinery2023-01-012023-12-3100317446ns5:FurnitureFittings2022-12-3100317446ns5:ComputerEquipment2022-12-3100317446ns5:FurnitureFittings2023-01-012023-12-3100317446ns5:ComputerEquipment2023-01-012023-12-3100317446ns5:FurnitureFittings2023-12-3100317446ns5:ComputerEquipment2023-12-3100317446ns5:FurnitureFittings2022-12-3100317446ns5:ComputerEquipment2022-12-3100317446ns5:ListedExchangeTradedns5:CostValuation2022-12-3100317446ns5:ListedExchangeTradedns5:AdditionsToInvestments2023-12-3100317446ns5:DisposalsRepaymentsInvestmentsns5:ListedExchangeTraded2023-12-3100317446ns5:ListedExchangeTradedns5:RevaluationsIncreaseDecreaseInInvestments2023-12-3100317446ns5:TransfersBetweenInvestmentClassesIncreaseDecreaseInInvestmentsns5:ListedExchangeTraded2023-12-3100317446ns5:ListedExchangeTradedns5:CostValuation2023-12-3100317446ns5:ListedExchangeTraded2023-12-3100317446ns5:ListedExchangeTraded2022-12-3100317446ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-3100317446ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-3100317446ns5:RetainedEarningsAccumulatedLosses2022-12-3100317446ns5:FurtherSpecificReserve1ComponentTotalEquity2022-12-3100317446ns5:FurtherSpecificReserve2ComponentTotalEquity2022-12-3100317446ns5:RetainedEarningsAccumulatedLosses2023-01-012023-12-31

REGISTERED NUMBER: 00317446 (England and Wales)





















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023


FOR


EDEN PROPERTY LETTING LIMITED


EDEN PROPERTY LETTING LIMITED (REGISTERED NUMBER: 00317446)


CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023











Page



Company Information  

1



Balance Sheet  

2



Notes to the Financial Statements  

4




EDEN PROPERTY LETTING LIMITED


COMPANY INFORMATION

FOR THE YEAR ENDED 31 DECEMBER 2023









DIRECTORS:

B C Bland


S H Speed







SECRETARY:

B C Bland







REGISTERED OFFICE:

31 Nations Hill


Winchester


Hampshire


SO23 7QY







REGISTERED NUMBER:

00317446 (England and Wales)







ACCOUNTANTS:

Orcom Civvals Limited


Accountants


50 Seymour Street


London


W1H 7JG


EDEN PROPERTY LETTING LIMITED (REGISTERED NUMBER: 00317446)


BALANCE SHEET

31 DECEMBER 2023



2023

2022



Notes

£   

£   

£   

£   


FIXED ASSETS

Tangible assets

4

959


1,635



Investments

5

5,303,475


5,849,899



Investment property

6

1,691,370


1,289,400



6,995,804


7,140,934




CURRENT ASSETS

Debtors

7

8,883


6,473



Cash at bank

94,553


50,123



103,436


56,596



CREDITORS

Amounts falling due within one year

8

15,027


534,273



NET CURRENT ASSETS/(LIABILITIES)

88,409


(477,677

)


TOTAL ASSETS LESS CURRENT

LIABILITIES

7,084,213


6,663,257




PROVISIONS FOR LIABILITIES

29,808


29,808



NET ASSETS

7,054,405


6,633,449




CAPITAL AND RESERVES

Called up share capital

6,000


6,000



Other reserves

9

1,346


1,346



Fair value reserves

9

464,167


(60,395

)


Retained earnings

9

6,582,892


6,686,498



SHAREHOLDERS' FUNDS

7,054,405


6,633,449




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


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


EDEN PROPERTY LETTING LIMITED (REGISTERED NUMBER: 00317446)


BALANCE SHEET - continued

31 DECEMBER 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 26 July 2024 and were signed on its behalf by:






B C Bland - Director



EDEN PROPERTY LETTING LIMITED (REGISTERED NUMBER: 00317446)


NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023



1.

STATUTORY INFORMATION



Eden Property Letting 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.    



Turnover


Turnover represents rental income received or receivable, excluding value added tax.



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

-

20% on reducing balance



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.


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.


EDEN PROPERTY LETTING LIMITED (REGISTERED NUMBER: 00317446)


NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2023



3.

EMPLOYEES AND DIRECTORS



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


4.

TANGIBLE FIXED ASSETS


Fixtures



and


Computer



fittings


equipment


Totals

£   

£   

£   



COST


At 1 January 2023

13,000


594


13,594




Additions

-


945


945




Impairments

(13,000

)

-


(13,000

)



At 31 December 2023

-


1,539


1,539




DEPRECIATION


At 1 January 2023

11,699


260


11,959




Charge for year

-


320


320




Impairments

(11,699

)

-


(11,699

)



At 31 December 2023

-


580


580




NET BOOK VALUE


At 31 December 2023

-


959


959




At 31 December 2022

1,301


334


1,635




5.

FIXED ASSET INVESTMENTS


Listed


investments

£   



COST OR VALUATION


At 1 January 2023

5,849,899




Additions

3,115,202




Disposals

(4,057,473

)



Revaluations

524,562




Reclassification/transfer

(128,715

)



At 31 December 2023

5,303,475




NET BOOK VALUE


At 31 December 2023

5,303,475




At 31 December 2022

5,849,899




EDEN PROPERTY LETTING LIMITED (REGISTERED NUMBER: 00317446)


NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2023



5.

FIXED ASSET INVESTMENTS - continued



Cost or valuation at 31 December 2023 is represented by:



Listed


investments

£   



Valuation in 2021

(59,059

)



Valuation in 2022

(158,221

)



Valuation in 2023

524,562




Cost

4,996,193



5,303,475




6.

INVESTMENT PROPERTY


Total

£   



FAIR VALUE


At 1 January 2023

1,289,400




Additions

401,970




At 31 December 2023

1,691,370




NET BOOK VALUE


At 31 December 2023

1,691,370




At 31 December 2022

1,289,400





The valuation of the properties were undertaken by the directors.



The original cost of the investment properties at 31 December 2023 was £1,534,483 (2022: £1,132,513).


7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR


2023

2022


£   

£   



Other debtors

200


200




Deposit Protection Society

8,683


6,273



8,883


6,473




8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR


2023

2022


£   

£   



Tax

244


523,000




Rent deposits

11,183


6,273




Accrued expenses

3,600


5,000



15,027


534,273




EDEN PROPERTY LETTING LIMITED (REGISTERED NUMBER: 00317446)


NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 DECEMBER 2023



9.

RESERVES


Fair



Retained


Other


value



earnings


reserves


reserves


Totals

£   

£   

£   

£   




At 1 January 2023

6,686,498


1,346


(60,395

)

6,627,449




Profit for the year

461,156


461,156




Dividends

(40,200

)

(40,200

)



Reserves transfer

(524,562

)

-


524,562


-




At 31 December 2023

6,582,892


1,346


464,167


7,048,405