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REGISTERED NUMBER: 00794376 (England and Wales)















ARDEN EDGE LIMITED

Unaudited Financial Statements for the Year Ended 30 June 2024






ARDEN EDGE LIMITED (REGISTERED NUMBER: 00794376)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ARDEN EDGE LIMITED

Company Information
for the Year Ended 30 June 2024







DIRECTORS: Mrs J Edgington
P N Edgington





SECRETARY: Mrs J Edgington





REGISTERED OFFICE: NDE Buildings
Aldbourne Road Works
Coventry
West Midlands
CV1 4EQ





REGISTERED NUMBER: 00794376 (England and Wales)





ACCOUNTANTS: Michael Dufty Partnership Limited
59-61 Charlotte Street
St Pauls Square
Birmingham
West Midlands
B3 1PX

ARDEN EDGE LIMITED (REGISTERED NUMBER: 00794376)

Balance Sheet
30 June 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 99,181 91,934
Investment property 5 1,400,000 1,400,000
1,499,181 1,491,934

CURRENT ASSETS
Debtors 6 651 -
Cash at bank 5,096 5,190
5,747 5,190
CREDITORS
Amounts falling due within one year 7 151,733 148,592
NET CURRENT LIABILITIES (145,986 ) (143,402 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,353,195

1,348,532

CREDITORS
Amounts falling due after more than one year 8 (176,645 ) (184,197 )

PROVISIONS FOR LIABILITIES (211,795 ) (211,795 )
NET ASSETS 964,755 952,540

CAPITAL AND RESERVES
Called up share capital 55,000 55,000
Retained earnings 10 909,755 897,540
SHAREHOLDERS' FUNDS 964,755 952,540

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

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

ARDEN EDGE LIMITED (REGISTERED NUMBER: 00794376)

Balance Sheet - continued
30 June 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 Board of Directors and authorised for issue on 24 March 2025 and were signed on its behalf by:





P N Edgington - Director


ARDEN EDGE LIMITED (REGISTERED NUMBER: 00794376)

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

1. STATUTORY INFORMATION

Arden Edge 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.

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 as modified by the revaluation of certain assets.

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 - 15% on reducing balance

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

ARDEN EDGE LIMITED (REGISTERED NUMBER: 00794376)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 July 2023 253,417 - 253,417
Additions - 32,750 32,750
Disposals - (8,000 ) (8,000 )
At 30 June 2024 253,417 24,750 278,167
DEPRECIATION
At 1 July 2023 161,483 - 161,483
Charge for year 13,790 3,713 17,503
At 30 June 2024 175,273 3,713 178,986
NET BOOK VALUE
At 30 June 2024 78,144 21,037 99,181
At 30 June 2023 91,934 - 91,934

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 July 2023
and 30 June 2024 1,400,000
NET BOOK VALUE
At 30 June 2024 1,400,000
At 30 June 2023 1,400,000

Fair value at 30 June 2024 is represented by:
£   
Valuation in 1997 35,000
Valuation in 2001 258,000
Valuation in 2006 165,000
Valuation in 2019 135,000
Valuation in 2021 367,109
Cost 439,891
1,400,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
VAT 651 -

ARDEN EDGE LIMITED (REGISTERED NUMBER: 00794376)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 14,055 5,375
Hire purchase contracts 5,872 -
VAT - 1,501
Amount owed to related company 131,806 107,954
Directors' loan accounts - 33,762
151,733 148,592

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 1-2 years 14,921 6,427
Bank loans - 2-5 years 47,928 22,171
Bank loans more 5 yr by instal 99,191 155,599
Hire purchase contracts 14,605 -
176,645 184,197

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 99,191 155,599

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loan 176,096 189,572

The bank loan is secured on the property to which it relates

10. RESERVES

Retained earnings includes the following undistributable reserves:

20232022
£   £   
Investment properties revaluation960,109960,109
Less: Deferred tax on revaluation195,936195,936
764,173764,173

The remaining retained earnings are distributable.