Company Registration No. 14924411 (England and Wales)
Edens Retail Ltd
Unaudited accounts
for the period from 8 June 2023 to 30 September 2024
Edens Retail Ltd
Unaudited accounts
Contents
Edens Retail Ltd
Company Information
for the period from 8 June 2023 to 30 September 2024
Directors
Shafiq Amir
Anil Kavalipurapu
Company Number
14924411 (England and Wales)
Registered Office
Fresmart, 34 Wembley Hill Road
Wembley
HA9 8FJ
United Kingdom
Accountants
Yahya & Co Accountants Ltd
T/A Yahya Accountancy
164 West Hendon Broadway
London
NW9 7AA
Edens Retail Ltd
Statement of financial position
as at 30 September 2024
Cash at bank and in hand
82,701
Creditors: amounts falling due within one year
(365,018)
Net current liabilities
(145,910)
Called up share capital
100
Profit and loss account
49,846
Shareholders' funds
49,946
For the period ending 30 September 2024 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 14 November 2024 and were signed on its behalf by
Shafiq Amir
Director
Company Registration No. 14924411
Edens Retail Ltd
Notes to the Accounts
for the period from 8 June 2023 to 30 September 2024
Edens Retail Ltd is a private company, limited by shares, registered in England and Wales, registration number 14924411. The registered office is Fresmart, 34 Wembley Hill Road, Wembley, HA9 8FJ, United Kingdom.
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.
These financial statements for the period from 8 June 2023 to 30 September 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 8 June 2023.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
Plant & machinery
18% Reducing Balance Method
Fixtures & fittings
18% Reducing Balance Method
Computer equipment
18% Reducing Balance Method
Goodwill being amortised using straight line method over 5 years
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Edens Retail Ltd
Notes to the Accounts
for the period from 8 June 2023 to 30 September 2024
4
Intangible fixed assets
Goodwill
At 30 September 2024
100,000
Charge for the period
20,000
At 30 September 2024
20,000
At 30 September 2024
80,000
Goodwill paid for acquiring the business
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
Additions
75,902
61,080
4,080
141,062
At 30 September 2024
75,902
61,080
4,080
141,062
Charge for the period
13,478
10,994
734
25,206
At 30 September 2024
13,478
10,994
734
25,206
At 30 September 2024
62,424
50,086
3,346
115,856
Amounts falling due after more than one year
7
Creditors: amounts falling due within one year
2024
Loans from directors
79,200
8
Average number of employees
During the period the average number of employees was 4.