1 December 2022 false No description of principal activity Taxfiler 2024.5 NI642684business:PrivateLimitedCompanyLtd2022-12-012023-11-30 NI6426842022-11-30 NI6426842022-12-012023-11-30 NI642684business:AuditExemptWithAccountantsReport2022-12-012023-11-30 NI642684business:FilletedAccounts2022-12-012023-11-30 NI6426842023-11-30 NI642684business:Director12022-12-012023-11-30 NI642684business:Director22022-12-012023-11-30 NI642684business:RegisteredOffice2022-12-012023-11-30 NI6426842022-11-30 NI642684core:WithinOneYear2023-11-30 NI642684core:WithinOneYear2022-11-30 NI642684core:AfterOneYear2023-11-30 NI642684core:AfterOneYear2022-11-30 NI642684core:ShareCapitalcore:PreviouslyStatedAmount2023-11-30 NI642684core:ShareCapitalcore:PreviouslyStatedAmount2022-11-30 NI642684core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-11-30 NI642684core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-11-30 NI642684core:PreviouslyStatedAmount2023-11-30 NI642684core:PreviouslyStatedAmount2022-11-30 NI642684business:SmallEntities2022-12-012023-11-30 NI642684countries:NorthernIreland2022-12-012023-11-30 NI642684core:FurnitureFittings2022-12-012023-11-30 NI642684core:FurnitureFittings2022-11-30 NI642684core:FurnitureFittings2023-11-30 NI642684business:Director122022-11-30 NI642684business:Director122022-12-012023-11-30 NI642684business:Director122023-11-30 NI642684business:Director212022-11-30 NI642684business:Director212022-12-012023-11-30 NI642684business:Director212023-11-30 NI6426842021-12-012022-11-30 iso4217:GBP xbrli:pure
Company Registration No. NI642684 (Northern Ireland)
Eden Property Services Ltd Unaudited accounts for the year ended 30 November 2023
Eden Property Services Ltd Unaudited accounts Contents
Page
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Eden Property Services Ltd Company Information for the year ended 30 November 2023
Directors
Mr Paul Conway Mr Edward McCrea
Company Number
NI642684 (Northern Ireland)
Registered Office
50 Rocky Road Belfast BT5 7TA
Accountants
SJK 8 Bridge Road Moira Co. Armagh BT67 0PF
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Eden Property Services Ltd Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
4,067 
4,960 
Investment property
327,427 
225,000 
331,494 
229,960 
Current assets
Debtors
250 
- 
Cash at bank and in hand
2,941 
11,992 
3,191 
11,992 
Creditors: amounts falling due within one year
(1,432)
(3,247)
Net current assets
1,759 
8,745 
Total assets less current liabilities
333,253 
238,705 
Creditors: amounts falling due after more than one year
(208,488)
(110,521)
Provisions for liabilities
Deferred tax
(22,096)
(22,096)
Net assets
102,669 
106,088 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
102,667 
106,086 
Shareholders' funds
102,669 
106,088 
For the year ending 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 4 July 2024 and were signed on its behalf by
Mr Edward McCrea Director Company Registration No. NI642684
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Eden Property Services Ltd Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
Eden Property Services Ltd is a private company, limited by shares, registered in Northern Ireland, registration number NI642684. The registered office is 50 Rocky Road, Belfast, BT5 7TA.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
18% Reducing balance basis
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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Eden Property Services Ltd Notes to the Accounts for the year ended 30 November 2023
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 December 2022
7,378 
At 30 November 2023
7,378 
Depreciation
At 1 December 2022
2,418 
Charge for the year
893 
At 30 November 2023
3,311 
Net book value
At 30 November 2023
4,067 
At 30 November 2022
4,960 
5
Investment property
2023 
£ 
Fair value at 1 December 2022
225,000 
Additions
102,427 
At 30 November 2023
327,427 
The directors consider that the above value of investment property represents the market value at 30 November 2023.
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
250 
- 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
- 
2,287 
Other creditors
472 
- 
Accruals
960 
960 
1,432 
3,247 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
108,888 
110,521 
Other creditors
12,000 
- 
Loans from directors
87,600 
- 
208,488 
110,521 
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Eden Property Services Ltd Notes to the Accounts for the year ended 30 November 2023
9
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Mr Paul Conway
- 
42,800 
- 
42,800 
Mr Edward McCrea
- 
44,800 
- 
44,800 
- 
87,600 
- 
87,600 
The company owes £87,600 (2023: £Nil) to the directors at year end. These loans are repayable on demand and noninterest bearing.
10
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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