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REGISTERED NUMBER: 05624670 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2025

for

The Eades Commercial Ltd

The Eades Commercial Ltd (Registered number: 05624670)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

The Eades Commercial Ltd

Company Information
for the Year Ended 31 March 2025







DIRECTORS: N Baldwin
S D Fidoe BSc.Hons





SECRETARY: S D Fidoe BSc.Hons





REGISTERED OFFICE: Mews Lodge
The Eades
Monsell Lane
Upton-upon-Severn
Worcestershire
WR8 0QN





REGISTERED NUMBER: 05624670 (England and Wales)





ACCOUNTANTS: Kenneth Morris Limited
1 Aston Court
Bromsgrove Technology Park
Bromsgrove
Worcestershire
B60 3AL

The Eades Commercial Ltd (Registered number: 05624670)

Abridged Balance Sheet
31 March 2025

31.3.25 31.3.24
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 150,007 163,517
Investment property 5 1,530,000 1,530,000
1,680,007 1,693,517

CURRENT ASSETS
Debtors 5,879 15,519
Cash at bank and in hand 47,771 56,310
53,650 71,829
CREDITORS
Amounts falling due within one year 96,656 189,213
NET CURRENT LIABILITIES (43,006 ) (117,384 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,637,001

1,576,133

CREDITORS
Amounts falling due after more than one year 6 (679,000 ) (639,000 )

PROVISIONS FOR LIABILITIES (63,575 ) (64,364 )
NET ASSETS 894,426 872,769

CAPITAL AND RESERVES
Called up share capital 15,000 15,000
Fair value reserve 8 159,000 159,000
Retained earnings 720,426 698,769
SHAREHOLDERS' FUNDS 894,426 872,769

The Eades Commercial Ltd (Registered number: 05624670)

Abridged Balance Sheet - continued
31 March 2025


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 30 May 2025 and were signed on its behalf by:




S D Fidoe BSc.Hons - Director



N Baldwin - Director


The Eades Commercial Ltd (Registered number: 05624670)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

The Eades Commercial Ltd 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.

Rental income arising from investment properties is accounted for on a straight-line basis over the lease term

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 - 25% on reducing balance
Fixtures and fittings - 5% on cost
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on reducing balance

Investment property
In accordance with Financial Reporting Standard 102 Section 1a, investment property is included at fair value and gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold. No depreciation is provided, which is a departure from the Companies Act 2006, but is required to provide a true and fair view

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.

The Eades Commercial Ltd (Registered number: 05624670)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

2. ACCOUNTING POLICIES - continued

Debtors
Debtors include the contractual value of work in progress.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 2 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2024
and 31 March 2025 243,519
DEPRECIATION
At 1 April 2024 80,002
Charge for year 13,510
At 31 March 2025 93,512
NET BOOK VALUE
At 31 March 2025 150,007
At 31 March 2024 163,517

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2024
and 31 March 2025 1,530,000
NET BOOK VALUE
At 31 March 2025 1,530,000
At 31 March 2024 1,530,000

In accordance with Financial Reporting Standard 102 Section 1A, investment property is included at fair value and gains or losses are recognised in the income statement. Deferred taxation is provided on these gains or losses at the rate expected to apply when the property is sold. No depreciation is provided, which is a departure from the Companies Act 2006, but is required to provide a true and fair view. The directors undertake an annual review of valuations and the valuation is based on an assessment of current market conditions and rental yields for similar properties and locations.

The Eades Commercial Ltd (Registered number: 05624670)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE
YEARS
31.3.25 31.3.24
£    £   
Repayable by instalments
Bank loans repayable after
more than five years 679,000 479,000
679,000 479,000

7. SECURED DEBTS

The following secured debts are included within creditors:

31.3.25 31.3.24
£    £   
Bank loans 679,000 679,000

The bank loans are secured by :
A first legal charge over the freehold property known as 2, 6 & 7 Brindley Court, Shire Business Park, Worcester on the bank standard form, dated 13th May 2016.

A first legal charge over the property known as Plot 4A, Brindley Court, Shire Business Park, Worcester on the bank standard form dated 13th May 2016.

A debenture dated 13th May 2016 containing a fixed and floating charge over all the property and undertakings of the company.

8. RESERVES
Fair
value
reserve
£   
At 1 April 2024
and 31 March 2025 159,000

9. CONTINGENT LIABILITIES

There were no material contingent liabilities at the balance sheet date.

10. POST BALANCE SHEET EVENTS

There were no material post balance sheet events.

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
The Eades Commercial Ltd

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 Abridged 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 The Eades Commercial Ltd for the year ended 31 March 2025 which comprise the Abridged Income Statement, Abridged 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 The Eades Commercial Ltd, 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 The Eades Commercial Ltd and state those matters that we have agreed to state to the Board of Directors of The Eades Commercial Ltd, 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 The Eades Commercial Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that The Eades Commercial Ltd 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 profit of The Eades Commercial Ltd. You consider that The Eades Commercial 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 financial statements of The Eades Commercial 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 financial statements.






Kenneth Morris Limited
1 Aston Court
Bromsgrove Technology Park
Bromsgrove
Worcestershire
B60 3AL


30 May 2025