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Unaudited Financial Statements

for the Year Ended 31 December 2021

for

Edge Interiors Limited

Edge Interiors Limited (Registered number: 04170045)






Contents of the Financial Statements
for the Year Ended 31 December 2021




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Edge Interiors Limited

Company Information
for the Year Ended 31 December 2021







DIRECTOR: W Lipman





REGISTERED OFFICE: 146 High Street
Billericay
Essex
CM12 9DF





REGISTERED NUMBER: 04170045 (England and Wales)





ACCOUNTANTS: Michael Letch & Partners LLP
Accountants
146 High Street
Billericay
Essex
CM12 9DF

Edge Interiors Limited (Registered number: 04170045)

Balance Sheet
31 December 2021

2021 2020
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,731 1,895
Investments 5 200,000 100,000
201,731 101,895

CURRENT ASSETS
Debtors 6 144,085 127,480
Cash at bank 368,020 406,543
512,105 534,023
CREDITORS
Amounts falling due within one year 7 227,908 126,457
NET CURRENT ASSETS 284,197 407,566
TOTAL ASSETS LESS CURRENT
LIABILITIES

485,928

509,461

PROVISIONS FOR LIABILITIES 329 360
NET ASSETS 485,599 509,101

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 485,598 509,100
SHAREHOLDERS' FUNDS 485,599 509,101

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 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.

Edge Interiors Limited (Registered number: 04170045)

Balance Sheet - continued
31 December 2021


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 29 August 2022 and were signed by:





W Lipman - Director


Edge Interiors Limited (Registered number: 04170045)

Notes to the Financial Statements
for the Year Ended 31 December 2021

1. STATUTORY INFORMATION

Edge Interiors 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

Going concern
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.

After making enquiries, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements.

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.
Plant and machinery - Straight line over 4 years

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 1 (2020 - 1 ) .

Edge Interiors Limited (Registered number: 04170045)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2021

4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 January 2021 37,602
Additions 1,375
At 31 December 2021 38,977
DEPRECIATION
At 1 January 2021 35,707
Charge for year 1,539
At 31 December 2021 37,246
NET BOOK VALUE
At 31 December 2021 1,731
At 31 December 2020 1,895

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 January 2021 100,000
Additions 100,000
At 31 December 2021 200,000
NET BOOK VALUE
At 31 December 2021 200,000
At 31 December 2020 100,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Trade debtors 25,687 617
Directors' current accounts 39,929 38,742
Tax 30,636 69,621
Prepayments 47,833 18,500
144,085 127,480

Edge Interiors Limited (Registered number: 04170045)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2021

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Trade creditors 43,183 19,794
Tax 11,872 -
Social security and other taxes 16,203 13,588
Deferred income 154,050 75,004
Accrued expenses 2,600 18,071
227,908 126,457