Company registration number 02804046 (England and Wales)
EIDDO CAWDOR PROPERTIES LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024
PAGES FOR FILING WITH REGISTRAR
EIDDO CAWDOR PROPERTIES LTD
COMPANY INFORMATION
Director
Mr D K L Davies
Secretary
Mrs R A M Davies
Company number
02804046
Registered office
Cawdor Garage
New Road
Newcastle Emlyn
Wales
SA38 9BA
Accountants
Lilywhite Accountancy
33 Cysgod y Gors
Gorslas
Llanelli
Carmarthenshire
Wales
SA14 7NW
EIDDO CAWDOR PROPERTIES LTD
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 5
EIDDO CAWDOR PROPERTIES LTD
BALANCE SHEET
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
3
3,101,761
3,218,446
Investments
4
93,900
93,900
3,195,661
3,312,346
Current assets
Debtors
5
6,143
557,435
Cash at bank and in hand
59,382
45,182
65,525
602,617
Creditors: amounts falling due within one year
6
(2,514,923)
(3,091,204)
Net current liabilities
(2,449,398)
(2,488,587)
Total assets less current liabilities
746,263
823,759
Creditors: amounts falling due after more than one year
7
(146,667)
(156,667)
Net assets
599,596
667,092
Capital and reserves
Called up share capital
253,908
253,908
Revaluation reserve
8
996,100
996,100
Profit and loss reserves
(650,412)
(582,916)
Total equity
599,596
667,092
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
For the financial year ended 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
EIDDO CAWDOR PROPERTIES LTD
BALANCE SHEET (CONTINUED)
- 2 -
The financial statements were approved and signed by the director and authorised for issue on 28 March 2025
Mr D K L Davies
Director
Company registration number 02804046 (England and Wales)
EIDDO CAWDOR PROPERTIES LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024
- 3 -
1
Accounting policies
Company information
Eiddo Cawdor Properties Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Cawdor Garage, New Road, Newcastle Emlyn, Wales, SA38 9BA.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
1.2
Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Freehold land and buildings
2% Straight line
Plant and equipment
15% Reducing balance
Fixtures and fittings
15% Reducing balance
1.3
Fixed asset investments
A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.
1.4
Taxation
The tax expense represents the sum of the tax currently payable and deferred tax.
Current tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.
EIDDO CAWDOR PROPERTIES LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
- 4 -
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2024
2023
Number
Number
Total
3
Tangible fixed assets
Land and buildings
Plant and machinery etc
Total
£
£
£
Cost
At 1 July 2023 and 30 June 2024
3,691,807
1,509,214
5,201,021
Depreciation and impairment
At 1 July 2023
1,026,827
955,748
1,982,575
Depreciation charged in the year
73,706
42,979
116,685
At 30 June 2024
1,100,533
998,727
2,099,260
Carrying amount
At 30 June 2024
2,591,274
510,487
3,101,761
At 30 June 2023
2,664,980
553,466
3,218,446
4
Fixed asset investments
2024
2023
£
£
Shares in group undertakings and participating interests
93,900
93,900
5
Debtors
2024
2023
Amounts falling due within one year:
£
£
Trade debtors
815
749
Amounts owed by group undertakings
5,328
556,686
6,143
557,435
EIDDO CAWDOR PROPERTIES LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
- 5 -
6
Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
237,419
24,080
Amounts owed to group undertakings
2,068,356
2,706,071
Corporation tax
16,275
950
Other taxation and social security
5,838
3,359
Other creditors
187,035
356,744
2,514,923
3,091,204
7
Creditors: amounts falling due after more than one year
2024
2023
£
£
Bank loans and overdrafts
21,667
31,667
Amounts owed to group undertakings
125,000
125,000
146,667
156,667
8
Revaluation reserve
2024
2023
£
£
At the beginning and end of the year
996,100
996,100