Company No: 13396993 (England and Wales)

Contents

• Statement of Financial Position
• Notes to the Financial Statements

	Note	2026		2025
		£		£
Fixed assets
Intangible assets	3	1,068,616		878,312
Tangible assets	4	13,584		20,347
		1,082,200		898,659
Current assets
Debtors	5	400,353		233,104
Cash at bank and in hand		10,597		10,418
		410,950		243,522
Creditors: amounts falling due within one year	6	( 947,453)		( 915,271)
Net current liabilities		(536,503)		(671,749)
Total assets less current liabilities		545,697		226,910
Creditors: amounts falling due after more than one year	7	( 1,100,800)		( 2,169,900)
Provision for liabilities		0		( 224,665)
Net liabilities		( 555,103)		( 2,167,655)
Capital and reserves
Called-up share capital	8	100		100
Other reserves	10	2,169,000		0
Profit and loss account		( 2,724,203 )		( 2,167,755 )
Total shareholder's deficit		( 555,103)		( 2,167,655)

For the financial year ending 31 March 2026 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Eden Conveyancing Ltd (registered number: 13396993) were approved and authorised for issue by the Board of Directors on 21 August 2026. They were signed on its behalf by:

A I Jenkins Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Eden Conveyancing Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Unit 7.19 Paintworks, Bath Road, Bristol, BS4 3EA, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Statement of Financial Position and likely future cash flows at the date of approving these financial statements. The directors note that the business has net liabilities of £555,103. The Company is supported through loans from the Parent Company. The directors have received assurances that the loan facilities will continue to be available for at least 12 months from the date of signing these financial statements and the Parent Company will continue to support the Company. After making enquiries, the directors believe that any foreseeable debts can be met for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover represents fee income chargeable to clients for professional services provided during the year, inclusive of direct expenses incurred on client assignments but excluding Value Added Tax. Turnover is recognised at the fair value of the consideration received or receivable for the sale of services to external customers in the ordinary nature of the business.

Revenue from contracts for the provision of professional services provided during the year, inclusive of direct expenses incurred on client assignments, is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and other direct expenses, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that it is probable will be recovered.

Employee benefits

Defined contribution schemes
The Company operates a defined contribution scheme. The amount charged to the Statement of Income and Retained Earnings in respect of pension costs and other post-retirement benefits is the contributions payable in the financial year. Differences between contributions payable in the financial year and contributions actually paid are included as either accruals or prepayments in the Statement of Financial Position.

Finance costs

Finance costs are charged to the Statement of Income and Retained Earnings over the term of the debt using the effective interest method so the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Statement of Financial Position date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Development costs

5 years straight line

Research and development

Research expenditure is written off as incurred. Development expenditure is also written off, except where the directors are satisfied as to the technical, commercial and financial viability of individual projects. In such cases, the identifiable expenditure is capitalised as an intangible asset and amortised over the period during which the Company is expected to benefit. This period is between three and five years. Provision is made for any impairment.

Tangible fixed assets

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended. Depreciation is provided on all tangible fixed assets, other than investment properties and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line basis over its expected useful life, as follows:

Computer equipment

3 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Statement of Financial Position date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Ordinary share capital

The ordinary share capital of the Company is presented as equity.

2. Employees

	2026		2025
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	30		26

3. Intangible assets

	Development costs		Total
	£		£
Cost
At 01 April 2025	1,313,481		1,313,481
Additions	495,000		495,000
At 31 March 2026	1,808,481		1,808,481
Accumulated amortisation
At 01 April 2025	435,169		435,169
Charge for the financial year	304,696		304,696
At 31 March 2026	739,865		739,865
Net book value
At 31 March 2026	1,068,616		1,068,616
At 31 March 2025	878,312		878,312

4. Tangible assets

	Computer equipment		Total
	£		£
Cost
At 01 April 2025	47,815		47,815
Additions	6,801		6,801
At 31 March 2026	54,616		54,616
Accumulated depreciation
At 01 April 2025	27,468		27,468
Charge for the financial year	13,564		13,564
At 31 March 2026	41,032		41,032
Net book value
At 31 March 2026	13,584		13,584
At 31 March 2025	20,347		20,347

5. Debtors

	2026		2025
	£		£
Trade debtors	141		736
Prepayments and accrued income	341,572		232,368
Corporation tax	58,640		0
	400,353		233,104

6. Creditors: amounts falling due within one year

	2026		2025
	£		£
Bank overdrafts (secured)	129,615		248,054
Trade creditors	67,620		62,326
Amounts owed to Group undertakings	0		340,080
Amounts owed to associates	301,200		0
Amounts owed to directors	24,000		0
Accruals and deferred income	301,965		182,058
Other taxation and social security	77,247		82,693
Other creditors	45,806		60
	947,453		915,271

HSBC hold a fixed and floating charge over all assets of the Company.

Amounts owed to Group undertakings are repayable on demand and do not bear interest.

7. Creditors: amounts falling due after more than one year

	2026		2025
	£		£
Amounts owed to Group undertakings	1,100,800		2,169,900

There are no amounts included above in respect of which any security has been given by the small entity.

Amounts owed to Group undertakings are repayable on demand and interest is charged at 10%pa.

8. Called-up share capital

	2026		2025
	£		£
Allotted, called-up and fully-paid
10,000 Ordinary shares of £ 0.01 each	100		100

9. Related party transactions

Transactions with the entity's directors

	2026		2025
	£		£
Amounts owed to director	24,000		0

The company has taken exemption under section 33 of FRS 102 not to disclose transactions with wholly owned members of the same group headed by Eden Investment Group Limited.

During the year, the Company's parent company, Eden Investment Group Limited, waived a loan owed by the Company. At the date of the waiver, the balance of the loan was £2,169,000. The amount waived has been recognised as a capital contribution and recognised in the financial statements in accordance with applicable accounting policies. At the balance sheet date, there were no remaining amounts outstanding in respect of this loan.

Amounts owed to associated companies at the year end is £301,200 (2025: £Nil).

10. Capital contribution reserve

Other reserves represent a capital contribution arising from the waiver of a loan by the Company's parent undertaking as part of a group restructuring during the year.

As the transaction was undertaken in its capacity as shareholder, the waiver represented a capital contribution rather than income arising from trading activities. Accordingly, the amount has been recognised directly in equity as a capital contribution.

The reserve is distributable, however only to the extent that the capital contribution is not cancelled out by the company's existing negative distributable reserves.