Registration number:
Eden Property Investments Cheltenham Ltd
for the Year Ended 31 March 2026
Eden Property Investments Cheltenham Ltd
Contents
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Accountants' Report |
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Abridged Balance Sheet |
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Notes to the Unaudited Abridged Financial Statements |
Chartered Certified Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Eden Property Investments Cheltenham Ltd
for the Year Ended 31 March 2026
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Eden Property Investments Cheltenham Ltd for the year ended 31 March 2026 as set out on pages 2 to 5 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/gb/en/member/standards/rules-and-standards/rulebook.html.
This report is made solely to the Board of Directors of Eden Property Investments Cheltenham Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Eden Property Investments Cheltenham Ltd and state those matters that we have agreed to state to the Board of Directors of Eden Property Investments Cheltenham Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/gb/en/technical-activities/technical-resources-search/2009/
october/factsheet-163-audit-exempt-companies.html. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Eden Property Investments Cheltenham Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Eden Property Investments Cheltenham Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Eden Property Investments Cheltenham Ltd. You consider that Eden Property Investments Cheltenham 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 accounts of Eden Property Investments Cheltenham 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 accounts.
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Chartered Certified Accountants
Westbourne Place
Clifton Bristol
BS8 1RU
Eden Property Investments Cheltenham Ltd
(Registration number: 14018568)
Abridged Balance Sheet as at 31 March 2026
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2025 |
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Fixed assets |
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Investment property |
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Current assets |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
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Net current assets |
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Total assets less current liabilities |
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Creditors: Amounts falling due after more than one year |
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Provisions for liabilities |
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Net assets |
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Capital and reserves |
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Called up share capital |
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Share premium reserve |
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Retained earnings |
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Shareholders' funds |
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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:
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.
Approved and authorised by the
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Eden Property Investments Cheltenham Ltd
Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2026
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General information |
The company is a private company limited by share capital, incorporated in England & Wales.
The address of its registered office is:
These financial statements were authorised for issue by the
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Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).
Basis of preparation
These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
Revenue recognition
The turnover shown in the profit and loss account represents rental income derived from letting the company's investment properties.
Tax
The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.
Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.
Eden Property Investments Cheltenham Ltd
Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2026
Investment property
Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.
If a reliable measure of fair value is no longer available without undue cost or effort for an item of investment property, it shall be transferred to tangible assets and treated as such until it is expected that fair value will be reliably measurable on an on-going basis.
Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the abridged statement of financial position and the amount of the provision as an expense.
Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.
Financial instruments
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Staff numbers |
The average number of persons employed by the company (including directors) during the year, was
Eden Property Investments Cheltenham Ltd
Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2026
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Tangible assets |
Investment properties
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2026 |
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At 1 April |
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Additions |
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Fair value adjustments |
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At 31 March |
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Included in tangible assets are seven investment properties. The directors consider that the open market value of the properties as at 31 March 2026 totalled £2,235,000 (2025 - £1,977,395).
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Creditors |
Creditors: amounts falling due after more than one year
Creditors include bank loans which are secured of £1,552,929 (2025 - £1,340,490).
Creditors include bank loans not repayable by instalments of £1,552,929 (2025 - £1,340,490) due after more than five years.
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Share capital |
The company's Ordinary A & B shares rank equally except that different rates of dividend may be paid to the different classes of shares.
The preference shares do not confer on the holders thereof the right to vote at any general meeting of the company and are redeemable upon written notice by the company. If the company shall be wound up the holders of the preference shares shall be entitled to the repayment of the sums paid up on the preference shares held by them respectively and the arrears of dividend thereon in priority to the repayment of any sums due to the holders of the ordinary shares.
The 10% cumulative preference shares are entitled to a dividend of 10% per annum. If in any year the profits available for distribution are insufficient to pay in full the dividends on the preference shares the dividend entitlement will accrue and will be paid when the company has sufficient profits to do so. Interest at 10% will be paid by the company on any unpaid amounts which will accrue until the debt has been settled.
As at 31 March 2026 total dividends of £193,943 had been accrued but not paid on the 10% cumulative preference shares.