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REGISTERED NUMBER: 04204187 (England and Wales)






















Unaudited Financial Statements

for the Year Ended 30 September 2024

for

EED & Son Limited

EED & Son Limited (Registered number: 04204187)






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




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


EED & Son Limited

Company Information
for the Year Ended 30 September 2024







DIRECTORS: E E Duckering
T E Duckering





SECRETARY: T E Duckering





REGISTERED OFFICE: Unit 2
Newtoft Business Park
Newtoft
Market Rasen
Lincolnshire
LN8 3WA





REGISTERED NUMBER: 04204187 (England and Wales)





ACCOUNTANTS: Wright Vigar Limited
Chartered Accountants & Business Advisers
Office 1
Engine House
Marshalls Yard
Gainsborough
Lincolnshire
DN21 2NA

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
EED & Son Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of EED & Son Limited for the year ended 30 September 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of EED & Son Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of EED & Son Limited and state those matters that we have agreed to state to the Board of Directors of EED & Son Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than EED & Son Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that EED & Son Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of EED & Son Limited. You consider that EED & Son Limited 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 financial statements of EED & Son Limited. 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 financial statements.






Wright Vigar Limited
Chartered Accountants & Business Advisers
Office 1
Engine House
Marshalls Yard
Gainsborough
Lincolnshire
DN21 2NA


27 June 2025

EED & Son Limited (Registered number: 04204187)

Balance Sheet
30 September 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 37,233 41,872
37,233 41,872

CURRENT ASSETS
Stocks 12,000 7,000
Debtors 6 102,422 81,666
Cash at bank and in hand 64,634 38,779
179,056 127,445
CREDITORS
Amounts falling due within one year 7 205,820 148,488
NET CURRENT LIABILITIES (26,764 ) (21,043 )
TOTAL ASSETS LESS CURRENT LIABILITIES 10,469 20,829

CREDITORS
Amounts falling due after more than one
year

8

(27,461

)

(33,562

)

PROVISIONS FOR LIABILITIES (5,599 ) (7,780 )
NET LIABILITIES (22,591 ) (20,513 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (22,691 ) (20,613 )
SHAREHOLDERS' FUNDS (22,591 ) (20,513 )

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

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

EED & Son Limited (Registered number: 04204187)

Balance Sheet - continued
30 September 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 27 June 2025 and were signed on its behalf by:





T E Duckering - Director


EED & Son Limited (Registered number: 04204187)

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

1. STATUTORY INFORMATION

EED & Son 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2001, is being amortised evenly over its estimated useful life of twenty 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 rates in order to write off each asset over its estimated useful life.

Long leasehold property2% on cost
Plant and machinery15% on reducing balance
Motor vehicles25% on reducing balance
Computer equipment25% 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.

Financial instruments
The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Comprehensive Income.

For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the Company would receive for the asset if it were to be sold at the balance sheet date.

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.


EED & Son Limited (Registered number: 04204187)

Notes to the Financial Statements - continued
for the Year Ended 30 September 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.

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 9 (2023 - 9 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 October 2023
and 30 September 2024 30,000
AMORTISATION
At 1 October 2023
and 30 September 2024 30,000
NET BOOK VALUE
At 30 September 2024 -
At 30 September 2023 -

5. TANGIBLE FIXED ASSETS
Long Plant and Motor Computer
leasehold machinery vehicles equipment Totals
£    £    £    £    £   
COST
At 1 October 2023 6,000 161,893 67,163 2,180 237,236
Additions - 1,843 - - 1,843
At 30 September 2024 6,000 163,736 67,163 2,180 239,079
DEPRECIATION
At 1 October 2023 2,520 126,771 63,893 2,180 195,364
Charge for year 120 5,545 817 - 6,482
At 30 September 2024 2,640 132,316 64,710 2,180 201,846
NET BOOK VALUE
At 30 September 2024 3,360 31,420 2,453 - 37,233
At 30 September 2023 3,480 35,122 3,270 - 41,872

EED & Son Limited (Registered number: 04204187)

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

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 38,000 40,000
Other debtors 64,422 41,666
102,422 81,666

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 6,211 6,211
Trade creditors 8,463 8,984
Taxation and social security 65,789 55,721
Other creditors 125,357 77,572
205,820 148,488

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 27,461 33,562

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 33,672 39,773

10. RELATED PARTY DISCLOSURES

Timothy E Duckering is also a majority shareholder in T E Duckering Ltd. At the year ended 30 September 2024 EED & Son Ltd owed £121,355 to T E Duckering Ltd.

11. ULTIMATE CONTROLLING PARTY

T E Duckering has ultimate control of the company by virtue of his majority ownership of the issued shares in the company.