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REGISTERED NUMBER: 11308415 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

ANDREW EDDY ESTATE AGENTS LTD

ANDREW EDDY ESTATE AGENTS LTD (REGISTERED NUMBER: 11308415)






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




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


ANDREW EDDY ESTATE AGENTS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTOR: A D Eddy





REGISTERED OFFICE: Bryndon House
5/7 Berry Road
Newquay
Cornwall
TR7 1AD





REGISTERED NUMBER: 11308415 (England and Wales)





ACCOUNTANTS: Whitakers
Chartered Accountants
Bryndon House
5/7 Berry Road
Newquay
Cornwall
TR7 1AD

ANDREW EDDY ESTATE AGENTS LTD (REGISTERED NUMBER: 11308415)

STATEMENT OF FINANCIAL POSITION
30 APRIL 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 611 320

CURRENT ASSETS
Debtors 5 44,287 36,566
Cash at bank 4,437 10
48,724 36,576
CREDITORS
Amounts falling due within one year 6 13,904 8,851
NET CURRENT ASSETS 34,820 27,725
TOTAL ASSETS LESS CURRENT
LIABILITIES

35,431

28,045

CREDITORS
Amounts falling due after more than one
year

7

41,821

42,624
NET LIABILITIES (6,390 ) (14,579 )

CAPITAL AND RESERVES
Called up share capital 120 120
Retained earnings (6,510 ) (14,699 )
(6,390 ) (14,579 )

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 director acknowledges his 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.

ANDREW EDDY ESTATE AGENTS LTD (REGISTERED NUMBER: 11308415)

STATEMENT OF FINANCIAL POSITION - continued
30 APRIL 2024


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 director and authorised for issue on 29 January 2025 and were signed by:





A D Eddy - Director


ANDREW EDDY ESTATE AGENTS LTD (REGISTERED NUMBER: 11308415)

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

1. STATUTORY INFORMATION

Andrew Eddy Estate Agents 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.
Fixtures and fittings - 15% on reducing balance
Computer equipment - 33% on 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3. EMPLOYEES AND DIRECTORS

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

ANDREW EDDY ESTATE AGENTS LTD (REGISTERED NUMBER: 11308415)

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

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 May 2023 726 1,489 2,215
Additions - 506 506
At 30 April 2024 726 1,995 2,721
DEPRECIATION
At 1 May 2023 406 1,489 1,895
Charge for year 48 167 215
At 30 April 2024 454 1,656 2,110
NET BOOK VALUE
At 30 April 2024 272 339 611
At 30 April 2023 320 - 320

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 9,710 -
Directors' current accounts 26,648 27,849
Tax 7,849 8,637
Called up share capital not paid 80 80
44,287 36,566

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade creditors 36 463
Tax 8,259 8,075
Other creditors 5,197 -
Accrued expenses 412 313
13,904 8,851

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.24 30.4.23
£    £   
Bank loans (see note 8) 41,821 42,624

8. LOANS

The company received a bounce back loan in May 2020 due to the Covid 19 pandemic. The loan was for £50,000 and is guaranteed 100% by the government. These financial statements show the repayments made during the year along with interest charged during the year.

ANDREW EDDY ESTATE AGENTS LTD (REGISTERED NUMBER: 11308415)

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

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2024 and 30 April 2023:

30.4.24 30.4.23
£    £   
A D Eddy
Balance outstanding at start of year 27,849 27,672
Amounts advanced 435 2,049
Amounts repaid (1,635 ) (1,872 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 26,649 27,849

10. GOING CONCERN

The accounts have been prepared on the going concern basis as the director confirms his intention to financially support the company for the foreseeable future.