EDWARDS SHIPPING & TRANSPORT CO LIMITED

Company Registration Number:
00269634 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

EDWARDS SHIPPING & TRANSPORT CO LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Notes

EDWARDS SHIPPING & TRANSPORT CO LIMITED

Balance sheet

As at 31 December 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 1,771,532 1,771,532
Investments: 4 2,610 2,610
Total fixed assets: 1,774,142 1,774,142
Current assets
Debtors:   215,067 186,579
Cash at bank and in hand: 2,262 22,548
Total current assets: 217,329 209,127
Creditors: amounts falling due within one year: 5 (55,168) (24,119)
Net current assets (liabilities): 162,161 185,008
Total assets less current liabilities: 1,936,303 1,959,150
Creditors: amounts falling due after more than one year: 6 (9,824) (50,479)
Total net assets (liabilities): 1,926,479 1,908,671
Capital and reserves
Called up share capital: 5,000 5,000
Revaluation reserve:71,413,1991,413,199
Profit and loss account: 508,280 490,472
Shareholders funds: 1,926,479 1,908,671

The notes form part of these financial statements

EDWARDS SHIPPING & TRANSPORT CO LIMITED

Balance sheet statements

For the year ending 31 December 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 26 September 2024
and signed on behalf of the board by:

Name: JL WILLIAMS FCA
Status: Director

The notes form part of these financial statements

EDWARDS SHIPPING & TRANSPORT CO LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

EDWARDS SHIPPING & TRANSPORT CO LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

2. Employees

2023 2022
Average number of employees during the period 2 2

EDWARDS SHIPPING & TRANSPORT CO LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Tangible Assets

Total
Cost £
At 01 January 2023 1,791,323
At 31 December 2023 1,791,323
Depreciation
At 01 January 2023 19,791
At 31 December 2023 19,791
Net book value
At 31 December 2023 1,771,532
At 31 December 2022 1,771,532

Tangible Fixed Assets comprises: Freehold Land & Buildings started at £358,184 original cost + £1,413,199 Revaluation Reserve = £1,771,383; and Office Equipment stated at £19,940 original cost minus £19,791 accumulated depreciation to date.

EDWARDS SHIPPING & TRANSPORT CO LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Fixed investments

Fixed Asset Investments of £2,610 represents the company's 100% ownership of all the £1 Ordinary shares in Williams & Hodge Ltd, a 100% subsidiary company.

EDWARDS SHIPPING & TRANSPORT CO LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Creditors: amounts falling due within one year note

Creditors Falling Due Within One Year £55,168 comprises the following: £15,375 being rents received in advance; £1200 PAYE; £1483 Corporation Tax; £30,000 loan from CS Lascelles; £6000 loaned from JL Williams; £1,110 loan from Lloyds Bank plc.

EDWARDS SHIPPING & TRANSPORT CO LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

6. Creditors: amounts falling due after more than one year note

Creditors Falling Due After One Year £9,824 comprises Lloyds Bank plc loan balance.

EDWARDS SHIPPING & TRANSPORT CO LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

7. Revaluation reserve

2023
£
Balance at 01 January 2023 1,413,199
Surplus or deficit after revaluation 0
Balance at 31 December 2023 1,413,199