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Registration number: 12065970

Eden People Ltd

Annual Report and Unaudited Financial Statements

for the Year Ended 30 June 2024

 

Eden People Ltd

Contents

Company Information

1

Director's Report

2

Accountants' Report

3

Profit and Loss Account

4

Statement of Comprehensive Income

5

Balance Sheet

6

Statement of Changes in Equity

7

Notes to the Unaudited Financial Statements

8 to 12

iXBRL Detailed Profit and Loss Account

13

 

Eden People Ltd

Company Information

Director

Kylie Elizabeth Blackman

Registered office

167-169 Great Portland Street
London
England
W1W 5PF

Accountants

RMJ Accountancy Ltd
Chartered Certified Accountants
Coach House
Battle
Brecon
Powys
LD3 9RN

 

Eden People Ltd

Director's Report for the Year Ended 30 June 2024

The report and the financial statements for the year ended 30 June 2024.

Director of the company

The director who held office during the year was as follows:

Kylie Elizabeth Blackman

Principal activity

The principal activity of the company is consultancy services.

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved by the director on 20 February 2025 and signed on its behalf by:

.........................................
Kylie Elizabeth Blackman
Director

   
     
 

Chartered Certified Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Eden People Ltd
for the Year Ended 30 June 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Eden People Ltd for the year ended 30 June 2024 as set out on pages 4 to 12 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/gb/en/member/standards/rules-and-standards/rulebook.html.

This report is made solely to the Board of Directors of Eden People Ltd, as a body, in accordance with the terms of our engagement letter dated 12 March 2024. Our work has been undertaken solely to prepare for your approval the accounts of Eden People Ltd and state those matters that we have agreed to state to the Board of Directors of Eden People Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/gb/en/technical-activities/technical-resources-search/2009/
october/factsheet-163-audit-exempt-companies.html. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Eden People Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Eden People Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Eden People Ltd. You consider that Eden People Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Eden People Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

RMJ Accountancy Ltd
Chartered Certified Accountants
Coach House
Battle
Brecon
Powys
LD3 9RN

20 February 2025

 

Eden People Ltd

Profit and Loss Account for the Year Ended 30 June 2024

Note

2024
£

2023
£

Turnover

 

-

42,467

Cost of sales

 

-

(3,056)

Gross profit

 

-

39,411

Administrative expenses

 

(4,467)

(81,132)

Operating loss

 

(4,467)

(41,721)

Loss before tax

4

(4,467)

(41,721)

Loss for the financial year

 

(4,467)

(41,721)

The above results were derived from continuing operations.

The company has no recognised gains or losses for the year other than the results above.

 

Eden People Ltd

Statement of Comprehensive Income for the Year Ended 30 June 2024

2024
£

2023
£

Loss for the year

(4,467)

(41,721)

Total comprehensive income for the year

(4,467)

(41,721)

 

Eden People Ltd

(Registration number: 12065970)
Balance Sheet as at 30 June 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

5

5,367

6,708

Current assets

 

Debtors

6

155

6,008

Cash at bank and in hand

 

-

54

 

155

6,062

Creditors: Amounts falling due within one year

7

(9,270)

(12,051)

Net current liabilities

 

(9,115)

(5,989)

Net (liabilities)/assets

 

(3,748)

719

Capital and reserves

 

Called up share capital

8

1

1

Retained earnings

(3,749)

718

Shareholders' (deficit)/funds

 

(3,748)

719

For the financial year ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 20 February 2025
 

.........................................
Kylie Elizabeth Blackman
Director

   
     
 

Eden People Ltd

Statement of Changes in Equity for the Year Ended 30 June 2024

Share capital
£

Retained earnings
£

Total
£

At 1 July 2023

1

718

719

Loss for the year

-

(4,467)

(4,467)

At 30 June 2024

1

(3,749)

(3,748)

Share capital
£

Retained earnings
£

Total
£

At 1 July 2022

1

44,439

44,440

Loss for the year

-

(41,721)

(41,721)

Dividends

-

(2,000)

(2,000)

At 30 June 2023

1

718

719

 

Eden People Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

1

General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
167-169 Great Portland Street
London
England
W1W 5PF

These financial statements were authorised for issue by the director on 20 February 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

 

Eden People Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant & machinery

20% per annum reducing balance basis

Equipment

20% per annum reducing balance basis

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 0 (2023 - 1).

4

Loss before tax

Arrived at after charging/(crediting)

 

Eden People Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

2024
£

2023
£

Depreciation expense

1,341

1,785

 

Eden People Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

5

Tangible assets

Fixtures and fittings
£

Plant and machinery
£

Total
£

Cost or valuation

At 1 July 2023

2,743

8,850

11,593

At 30 June 2024

2,743

8,850

11,593

Depreciation

At 1 July 2023

1,447

3,438

4,885

Charge for the year

259

1,082

1,341

At 30 June 2024

1,706

4,520

6,226

Carrying amount

At 30 June 2024

1,037

4,330

5,367

At 30 June 2023

1,296

5,412

6,708

6

Debtors

Current

2024
£

2023
£

Other debtors

155

6,008

 

155

6,008

7

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Trade creditors

695

750

Other creditors

8,575

11,301

9,270

12,051

8

Share capital

Allotted, called up and fully paid shares

 

Eden People Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

 

2024

2023

 

No.

£

No.

£

Ordinary of £1 each

1

1

1

1

         

9

Dividends

   

2024

 

2023

   

£

 

£

Interim dividend of £Nil (2023 - £2,000.00) per ordinary share

 

-

 

2,000

         
 

Eden People Ltd

iXBRL Detailed Profit and Loss Account for the Year Ended 30 June 2024

2024
£

2023
£

Turnover/revenue

-

42,467

Cost of sales

Opening stock/inventories

-

-

Closing stock/inventories

-

-

Wages and salaries excluding directors

-

(3,056)

Gross profit

-

39,411

Distribution costs

Administrative expenses

Audit and accountancy other services

(650)

(750)

Client entertaining costs

-

(4,085)

Other repairs and maintenance costs

(1,243)

(30,360)

Cleaning costs

-

(120)

Depreciation of fixed assets

(1,341)

(1,785)

Vehicle costs

(90)

(6,596)

Travel and subsistence

(258)

(31,996)

Legal and professional costs

-

(250)

Bank charges

(76)

(155)

Insurance costs

-

(100)

IT and computing

(319)

(716)

Telecommunications

(75)

(1,620)

Printing, postage and stationery

-

(715)

Charitable donations

-

(119)

Other costs

(415)

(1,765)

Other operating income

Other items

Loss for the financial year

(4,467)

(41,721)