EDENBRIDGE FINANCE LTD

Company Registration Number:
11358428 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

EDENBRIDGE FINANCE LTD

Contents of the Financial Statements

for the Period Ended 31 March 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

EDENBRIDGE FINANCE LTD

Company Information

for the Period Ended 31 March 2024




Director: Randal Eric Goldsmith
Secretary: Sheila Ross Stocker
Registered office: 50
Sandhurst Drive
Ilford
GBR
IG3 9DD
Company Registration Number: 11358428 (England and Wales)

EDENBRIDGE FINANCE LTD

Directors' Report Period Ended 31 March 2024

The directors present their report with the financial statements of the company for the period ended 31 March 2024

Principal Activities

Bridge and development financing, investment trust.

Political and charitable donations

None

Company policy on the employment of disabled persons

N/A

Directors

The directors shown below have held office during the whole of the period from 01 April 2023 to 31 March 2024
Randal Eric Goldsmith

Secretary
Sheila Ross Stocker

This report was approved by the board of directors on 20 November 2024
And Signed On Behalf Of The Board By:

Name: Randal Eric Goldsmith
Status: Director

EDENBRIDGE FINANCE LTD

Profit and Loss Account

for the Period Ended 31 March 2024


Notes

2024
£

2023
£
Turnover 7,060 6,006
Cost of sales ( 531 ) ( 1,669 )
Gross Profit or (Loss) 6,529 4,337
Administrative Expenses ( 1,171 ) ( 2,867 )
Operating Profit or (Loss) 5,358 1,470
Interest Payable and Similar Charges - ( 1,627 )
Profit or (Loss) Before Tax 5,358 ( 157 )
Tax on Profit ( 988 ) ( 0 )
Profit or (Loss) for Period 4,370 ( 157 )

The notes form part of these financial statements

EDENBRIDGE FINANCE LTD

Balance sheet

As at 31 March 2024


Notes

2024
£

2023
£
Fixed assets
Intangible assets: 4 957,417 812,616
Total fixed assets: 957,417 812,616
Current assets
Cash at bank and in hand: 46,138 28,734
Total current assets: 46,138 28,734
Prepayments and accrued income: 2,550 1,314
Creditors: amounts falling due within one year: 5 ( 988 ) ( 1,627 )
Net current assets (liabilities): 47,700 28,421
Total assets less current liabilities: 1,005,117 841,037
Creditors: amounts falling due after more than one year: 6 ( 800,500 ) ( 689,500 )
Total net assets (liabilities): 204,617 151,537

The notes form part of these financial statements

EDENBRIDGE FINANCE LTD

Balance sheet continued

As at 31 March 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 1,000 1,000
Revaluation reserve: 7 ( 10,698 ) ( 35,343 )
Profit and loss account: 214,315 185,880
Shareholders funds: 204,617 151,537

For the year ending 31 March 2024 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.

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

This report was approved by the board of directors on 20 November 2024
And Signed On Behalf Of The Board By:

Name: Randal Eric Goldsmith
Status: Director

The notes form part of these financial statements

EDENBRIDGE FINANCE LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 1. Accounting policies

    Basis of measurement and preparation

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

    Turnover policy

    Turnover is the sum of interest received on bridging and development finance, gilts and deposits.

    Valuation information and policy

    Assets are re-valued annually, taking account of market prices at the company's 31 March year end.

EDENBRIDGE FINANCE LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 0 0

EDENBRIDGE FINANCE LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 3. Off balance sheet disclosure

    No

EDENBRIDGE FINANCE LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Intangible assets

Other Total
Cost £ £
At 01 April 2023 812,616 812,616
Additions 584,565 584,565
Disposals ( 464,692 ) ( 464,692 )
Revaluations 24,928 24,928
Transfers - -
At 31 March 2024 957,417 957,417
Amortisation
Amortisation at 01 April 2023 - -
Charge for year - -
On disposals - -
Other adjustments - -
Amortisation at 31 March 2024 - -
Net book value
Net book value at 31 March 2024 957,417 957,417
Net book value at 31 March 2023 812,616 812,616

EDENBRIDGE FINANCE LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

5.Creditors: amounts falling due within one year note


2024
£

2023
£
Taxation and social security 988
Accruals and deferred income 1,627
Total 988 1,627

EDENBRIDGE FINANCE LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

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


2024
£

2023
£
Other creditors 800,500 689,500
Total 800,500 689,500

EDENBRIDGE FINANCE LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

7. Revaluation reserve


2024
£
Balance at 01 April 2023 ( 35,343 )
Surplus or deficit after revaluation 24,645
Balance at 31 March 2024 ( 10,698 )