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REGISTERED NUMBER: 10154575 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

FOR

ARCHBOLD & EDWARDS LTD

ARCHBOLD & EDWARDS LTD (REGISTERED NUMBER: 10154575)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ARCHBOLD & EDWARDS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: Mr M Archbold
Mr C M Edwards





REGISTERED OFFICE: 224 London Road
Waterlooville
Hampshire
PO7 7HB





REGISTERED NUMBER: 10154575 (England and Wales)





ACCOUNTANTS: Eight Five Two Accounting Limited
87 Salthill Road
Fishbourne
Chichester
West Sussex
PO19 3QD

ARCHBOLD & EDWARDS LTD (REGISTERED NUMBER: 10154575)

BALANCE SHEET
30 APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,061 3,315
Investments 5 237,084 237,084
240,145 240,399

CURRENT ASSETS
Debtors 6 13,424 8,043
Cash at bank 249,159 343,828
262,583 351,871
CREDITORS
Amounts falling due within one year 7 265,298 282,987
NET CURRENT (LIABILITIES)/ASSETS (2,715 ) 68,884
TOTAL ASSETS LESS CURRENT LIABILITIES 237,430 309,283

PROVISIONS FOR LIABILITIES 835 828
NET ASSETS 236,595 308,455

CAPITAL AND RESERVES
Called up share capital 102 102
Retained earnings 236,493 308,353
236,595 308,455

ARCHBOLD & EDWARDS LTD (REGISTERED NUMBER: 10154575)

BALANCE SHEET - continued
30 APRIL 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 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.

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 29 January 2025 and were signed on its behalf by:




Mr M Archbold - Director



Mr C M Edwards - Director


ARCHBOLD & EDWARDS LTD (REGISTERED NUMBER: 10154575)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024


1. STATUTORY INFORMATION

Archbold & Edwards Ltd 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 - 10% on reducing balance
Fixtures and fittings - 5% on reducing balance
Computer equipment - 33% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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.


ARCHBOLD & EDWARDS LTD (REGISTERED NUMBER: 10154575)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


2. ACCOUNTING POLICIES - continued
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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 6 ) .

ARCHBOLD & EDWARDS LTD (REGISTERED NUMBER: 10154575)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 May 2023 2,869 644 6,858 10,371
Additions - - 499 499
At 30 April 2024 2,869 644 7,357 10,870
DEPRECIATION
At 1 May 2023 545 459 6,052 7,056
Charge for year 233 46 474 753
At 30 April 2024 778 505 6,526 7,809
NET BOOK VALUE
At 30 April 2024 2,091 139 831 3,061
At 30 April 2023 2,324 185 806 3,315

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 May 2023
and 30 April 2024 237,084
NET BOOK VALUE
At 30 April 2024 237,084
At 30 April 2023 237,084

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 13,424 8,043

ARCHBOLD & EDWARDS LTD (REGISTERED NUMBER: 10154575)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 895 282
Taxation and social security 92,455 111,776
Other creditors 171,948 170,929
265,298 282,987