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REGISTERED NUMBER: 03995360 (England and Wales)







UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2024

FOR

EYDENS LIMITED

EYDENS LIMITED (REGISTERED NUMBER: 03995360)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


EYDENS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2024







DIRECTOR: R A Eyden





SECRETARY: J Eyden





REGISTERED OFFICE: 44 Wallace Road
Coventry
CV6 2LX





REGISTERED NUMBER: 03995360 (England and Wales)





ACCOUNTANTS: Prime
Chartered Accountants
Corner Oak
1 Homer Road
Solihull
B91 3QG

EYDENS LIMITED (REGISTERED NUMBER: 03995360)

BALANCE SHEET
31 AUGUST 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 197,368 187,466
197,368 187,466

CURRENT ASSETS
Stocks 198,225 165,624
Debtors 6 101,089 71,770
Prepayments and accrued income (2,725 ) 42
Cash at bank 252,016 304,770
548,605 542,206
CREDITORS
Amounts falling due within one year 7 205,737 160,795
NET CURRENT ASSETS 342,868 381,411
TOTAL ASSETS LESS CURRENT
LIABILITIES

540,236

568,877

CREDITORS
Amounts falling due after more than one
year

8

(4,406

)

(14,498

)

PROVISIONS FOR LIABILITIES (30,823 ) (25,262 )
NET ASSETS 505,007 529,117

CAPITAL AND RESERVES
Called up share capital 5 5
Capital redemption reserve 155 155
Retained earnings 504,847 528,957
SHAREHOLDERS' FUNDS 505,007 529,117

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

EYDENS LIMITED (REGISTERED NUMBER: 03995360)

BALANCE SHEET - continued
31 AUGUST 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 28 January 2025 and were signed by:





R A Eyden - Director


EYDENS LIMITED (REGISTERED NUMBER: 03995360)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024


1. STATUTORY INFORMATION

Eydens Limited 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 represents net invoiced sales of goods and services, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2001, has now been fully amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Improvements to property - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33.33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.


EYDENS LIMITED (REGISTERED NUMBER: 03995360)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 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
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 18 (2023 - 19 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 September 2023
and 31 August 2024 14,400
AMORTISATION
At 1 September 2023
and 31 August 2024 14,400
NET BOOK VALUE
At 31 August 2024 -
At 31 August 2023 -

EYDENS LIMITED (REGISTERED NUMBER: 03995360)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024


5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and Motor Computer
property fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 September 2023 164,422 190,685 82,077 91,196 528,380
Additions 14,915 11,743 34,187 5,110 65,955
At 31 August 2024 179,337 202,428 116,264 96,306 594,335
DEPRECIATION
At 1 September 2023 86,743 124,611 42,771 86,789 340,914
Charge for year 18,518 15,563 18,374 3,598 56,053
At 31 August 2024 105,261 140,174 61,145 90,387 396,967
NET BOOK VALUE
At 31 August 2024 74,076 62,254 55,119 5,919 197,368
At 31 August 2023 77,679 66,074 39,306 4,407 187,466

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 September 2023 82,077
Transfer to ownership (43,330 )
At 31 August 2024 38,747
DEPRECIATION
At 1 September 2023 42,771
Charge for year 8,093
Transfer to ownership (28,462 )
At 31 August 2024 22,402
NET BOOK VALUE
At 31 August 2024 16,345
At 31 August 2023 39,306

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 79,043 55,368
Other debtors 22,046 16,402
101,089 71,770

EYDENS LIMITED (REGISTERED NUMBER: 03995360)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 10,092 9,477
Trade creditors 56,007 33,576
Taxation and social security 60,436 75,845
Other creditors 79,202 41,897
205,737 160,795

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts 4,406 14,498

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Hire purchase contracts 14,498 23,975