Acorah Software Products - Accounts Production 16.1.200 false true true false 13 July 2023 31 July 2024 31 July 2024 15002567 Mr Mark Richards iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 15002567 2023-07-12 15002567 2024-07-31 15002567 2023-07-13 2024-07-31 15002567 frs-core:CurrentFinancialInstruments 2024-07-31 15002567 frs-core:Non-currentFinancialInstruments 2024-07-31 15002567 frs-core:BetweenOneFiveYears 2024-07-31 15002567 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-07-31 15002567 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-07-13 2024-07-31 15002567 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-07-12 15002567 frs-core:PlantMachinery 2024-07-31 15002567 frs-core:PlantMachinery 2023-07-13 2024-07-31 15002567 frs-core:PlantMachinery 2023-07-12 15002567 frs-core:WithinOneYear 2024-07-31 15002567 frs-core:ShareCapital 2024-07-31 15002567 frs-core:RetainedEarningsAccumulatedLosses 2024-07-31 15002567 frs-bus:PrivateLimitedCompanyLtd 2023-07-13 2024-07-31 15002567 frs-bus:FilletedAccounts 2023-07-13 2024-07-31 15002567 frs-bus:SmallEntities 2023-07-13 2024-07-31 15002567 frs-bus:AuditExempt-NoAccountantsReport 2023-07-13 2024-07-31 15002567 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-13 2024-07-31 15002567 frs-bus:Director1 2023-07-13 2024-07-31 15002567 frs-countries:EnglandWales 2023-07-13 2024-07-31
Registered number: 15002567
Eden Tonbridge Limited
Unaudited Financial Statements
For the Period 13 July 2023 to 31 July 2024
Tonbridge Accountants Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 15002567
31 July 2024
Notes £ £
FIXED ASSETS
Tangible Assets 4 842,397
842,397
CURRENT ASSETS
Debtors 5 45,506
Cash at bank and in hand 117,314
162,820
Creditors: Amounts Falling Due Within One Year 6 (727,214 )
NET CURRENT ASSETS (LIABILITIES) (564,394 )
TOTAL ASSETS LESS CURRENT LIABILITIES 278,003
Creditors: Amounts Falling Due After More Than One Year 7 (314,616 )
NET LIABILITIES (36,613 )
CAPITAL AND RESERVES
Called up share capital 9 1
Profit and Loss Account (36,614 )
SHAREHOLDERS' FUNDS (36,613)
Page 1
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For the period ending 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Mark Richards
Director
14/04/2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Eden Tonbridge Limited is a private company, limited by shares, incorporated in England & Wales, registered number 15002567 . The registered office is 11 Lionel Road, Tonbridge, Kent, TN9 2TD.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The Market House opened to the public in August 2024. Although current economic conditions continue to create uncertaintly over demand in the hospitality industry, sales are growing. The director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold 4%
Plant & Machinery 8% to 20%
Plant and Machinery comprises integral features, depreciated at 8%; kitchen, bathroom and other fittings, depreciated at 10%; and furniture and general equipment, depreciated at 20%.
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.
2.5. Financial Instruments
The company has chosen to adopt sections 11 and 12 of FRS 102 in respect of financial instruments. Basic financial assets, including trade and other receivables, cash and bank balances, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost using the effective interest method. Basic financial liabilities, including trade and other payables, and bank loans, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 1
1
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4. Tangible Assets
Land & Property
Freehold Plant & Machinery Total
£ £ £
Cost
As at 13 July 2023 - - -
Additions 707,505 149,352 856,857
As at 31 July 2024 707,505 149,352 856,857
Depreciation
As at 13 July 2023 - - -
Provided during the period 12,227 2,233 14,460
As at 31 July 2024 12,227 2,233 14,460
Net Book Value
As at 31 July 2024 695,278 147,119 842,397
As at 13 July 2023 - - -
Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:
31 July 2024
£
Plant & Machinery 96,550
5. Debtors
31 July 2024
£
Due within one year
Other debtors 45,506
6. Creditors: Amounts Falling Due Within One Year
31 July 2024
£
Net obligations under finance lease and hire purchase contracts 23,969
Trade creditors 64,804
Bank loans and overdrafts 6,042
Other creditors 632,399
727,214
7. Creditors: Amounts Falling Due After More Than One Year
31 July 2024
£
Net obligations under finance lease and hire purchase contracts 70,658
Bank loans 243,958
314,616
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8. Obligations Under Finance Leases and Hire Purchase
31 July 2024
£
The future minimum finance lease payments are as follows:
Not later than one year 23,969
Later than one year and not later than five years 70,658
94,627
94,627
9. Share Capital
31 July 2024
£
Allotted, Called up and fully paid 1
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