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REGISTERED NUMBER: 09535373 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2022

for

Edge45 Limited

Edge45 Limited (Registered number: 09535373)






Contents of the Financial Statements
for the Year Ended 31 March 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Edge45 Limited

Company Information
for the Year Ended 31 March 2022







DIRECTOR: C Docherty





REGISTERED OFFICE: The Guildhall, St Martins Courtyard
Coney Street
York
North Yorkshire
YO1 9QL





REGISTERED NUMBER: 09535373 (England and Wales)





ACCOUNTANTS: Beckingtons
2 Clifton Moor Business
Village
James Nicolson Link
York
North Yorkshire
YO30 4XG

Edge45 Limited (Registered number: 09535373)

Balance Sheet
31 March 2022

31.3.22 31.3.21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 9,548 6,642

CURRENT ASSETS
Stocks 2,185 -
Debtors 5 53,233 21,238
Cash at bank 109,252 98,276
164,670 119,514
CREDITORS
Amounts falling due within one year 6 100,213 48,866
NET CURRENT ASSETS 64,457 70,648
TOTAL ASSETS LESS CURRENT
LIABILITIES

74,005

77,290

CREDITORS
Amounts falling due after more than one year 7 (32,500 ) (50,000 )

PROVISIONS FOR LIABILITIES (1,814 ) (1,262 )
NET ASSETS 39,691 26,028

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 39,591 25,928
SHAREHOLDERS' FUNDS 39,691 26,028

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Edge45 Limited (Registered number: 09535373)

Balance Sheet - continued
31 March 2022


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 director and authorised for issue on 6 July 2022 and were signed by:





C Docherty - Director


Edge45 Limited (Registered number: 09535373)

Notes to the Financial Statements
for the Year Ended 31 March 2022

1. STATUTORY INFORMATION

Edge45 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% straight line
Computer equipment - 25% straight line

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

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 7 (2021 - 5 ) .

Edge45 Limited (Registered number: 09535373)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2022

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 April 2021 6,063 11,064 17,127
Additions 431 7,423 7,854
At 31 March 2022 6,494 18,487 24,981
DEPRECIATION
At 1 April 2021 3,223 7,262 10,485
Charge for year 1,150 3,798 4,948
At 31 March 2022 4,373 11,060 15,433
NET BOOK VALUE
At 31 March 2022 2,121 7,427 9,548
At 31 March 2021 2,840 3,802 6,642

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.22 31.3.21
£    £   
Trade debtors 52,050 15,858
Other debtors 1,183 5,380
53,233 21,238

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.22 31.3.21
£    £   
Bank loans and overdrafts 10,000 -
Taxation and social security 59,116 44,471
Other creditors 31,097 4,395
100,213 48,866

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.22 31.3.21
£    £   
Bank loans 32,500 50,000

8. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 31.3.22 31.3.21
value: £    £   
100 Ordinary £1 100 100