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REGISTERED NUMBER: 04219821 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

EDGARS LIMITED

EDGARS LIMITED (REGISTERED NUMBER: 04219821)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


EDGARS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTORS: Mr D P Norris
Mrs J Norris
Mr J Westerman





SECRETARY: Mrs J Norris





REGISTERED OFFICE: The Old Bank
39 Market Square
Witney
OX28 6AD





REGISTERED NUMBER: 04219821 (England and Wales)





ACCOUNTANTS: Bronsens
Chartered Certified Accountants
Hillside
Albion Street
Chipping Norton
Oxfordshire
OX7 5BH

EDGARS LIMITED (REGISTERED NUMBER: 04219821)

BALANCE SHEET
31 MARCH 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 15,379 23,295

CURRENT ASSETS
Stocks 5,750 26,890
Debtors 5 240,017 191,951
Cash at bank and in hand 386,910 262,877
632,677 481,718
CREDITORS
Amounts falling due within one year 6 234,818 129,212
NET CURRENT ASSETS 397,859 352,506
TOTAL ASSETS LESS CURRENT
LIABILITIES

413,238

375,801

PROVISIONS FOR LIABILITIES 7 - 3,753
NET ASSETS 413,238 372,048

CAPITAL AND RESERVES
Called up share capital 8 101 101
Retained earnings 413,137 371,947
SHAREHOLDERS' FUNDS 413,238 372,048

EDGARS LIMITED (REGISTERED NUMBER: 04219821)

BALANCE SHEET - continued
31 MARCH 2023


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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.

In accordance with Section 444 of the Companies Act 2006, the Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 October 2023 and were signed on its behalf by:





Mrs J Norris - Director


EDGARS LIMITED (REGISTERED NUMBER: 04219821)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1. STATUTORY INFORMATION

Edgars 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 represents net invoiced sales of services excluding value added tax plus estimates of amounts not invoiced. These amounts are recognised by reference to the stage of completion.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 10% on cost
Fixtures and fittings - 25% on reducing balance
Computer equipment - 33% on cost

Stocks
Work in progress represents revenue recognised to reflect partial performance of contractual obligations. The amount of revenue included reflects the accrual of the right to consideration as contract activity progresses by reference to value of the work performed.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss account, 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

EDGARS LIMITED (REGISTERED NUMBER: 04219821)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

2. ACCOUNTING POLICIES - continued

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 16 (2022 - 14 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and Computer
property fittings equipment Totals
£    £    £    £   
COST
At 1 April 2022 8,724 15,026 39,361 63,111
Additions - 640 1,246 1,886
At 31 March 2023 8,724 15,666 40,607 64,997
DEPRECIATION
At 1 April 2022 4,507 11,027 24,282 39,816
Charge for year 872 1,013 7,917 9,802
At 31 March 2023 5,379 12,040 32,199 49,618
NET BOOK VALUE
At 31 March 2023 3,345 3,626 8,408 15,379
At 31 March 2022 4,217 3,999 15,079 23,295

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 199,816 153,939
PSP Construction Consultants
Limited - 21,498
Rent deposit 9,625 9,625
Greenwood Projects Ltd 7,889 -
Deferred tax asset 14,708 -
Accrued income (1,092 ) (580 )
Prepayments 9,071 7,469
240,017 191,951

EDGARS LIMITED (REGISTERED NUMBER: 04219821)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade creditors 9,609 25,878
Tax 38,028 30,079
Social security and other taxes 15,919 12,466
Pension contributions 74,979 2,590
VAT 59,062 35,321
Other creditors 56 31
Directors' current accounts 506 964
Deferred rent (3,081 ) (1,637 )
Accrued expenses 39,740 23,520
234,818 129,212

7. PROVISIONS FOR LIABILITIES
31.3.22
£   
Deferred tax
Accelerated capital allowances 3,753

Deferred
tax
£   
Balance at 1 April 2022 3,753
Provided during year (611 )
Accrued pension cont'n (17,850 )
Balance at 31 March 2023 (14,708 )

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.23 31.3.22
value: £    £   
40 Ordinary A £1 40 40
60 Ordinary B £1 60 60
1 Ordinary C £1 1 1
101 101