Registered number
12556240
Edge Umbrella Limited
Filleted Accounts
30 April 2023
Edge Umbrella Limited
Registered number: 12556240
Balance Sheet
as at 30 April 2023
Notes 2023 2022
£ £
Current assets
Debtors 3 195,180 75,450
Cash at bank and in hand 104,333 102,658
299,513 178,108
Creditors: amounts falling due within one year 4 (421,177) (208,173)
Net current liabilities (121,664) (30,065)
Net liabilities (121,664) (30,065)
Capital and reserves
Called up share capital 1 1
Profit and loss account (121,665) (30,066)
Shareholder's funds (121,664) (30,065)
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
D Harding
Director
Approved by the board on 31 January 2024
Edge Umbrella Limited
Notes to the Accounts
for the year ended 30 April 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 0 0
3 Debtors 2023 2022
£ £
Trade debtors 60,119 21,886
Amounts owed by other connected undertakings 135,061 42,585
Prepayments - 10,979
195,180 75,450
4 Creditors: amounts falling due within one year 2023 2022
£ £
Trade creditors - (7,889)
Amounts owed to undertakings which has an interest in the company 222,236 115,765
Taxation and social security costs 191,902 93,109
Other creditors 3,184 3,688
Accruals 3,855 3,500
421,177 208,173
5 Related party transactions
Edge Umbrella Limited acts on behalf of and is an agent of Deposlo Holdings Ltd, a company
incorporated and based in Cyprus. The company owed Deposlo Holdings Ltd £222,236 (2022: £115,765) as at the year end.
6 Controlling party
The director controls the company.
7 Other information
Edge Umbrella Limited is a private company limited by shares and incorporated in England. Its registered office is:
17 North Lane
Canterbury
Kent
CT2 7PG
Edge Umbrella Limited 12556240 false 2022-05-01 2023-04-30 2023-04-30 VT Final Accounts October 2023 release 2 D Harding No description of principal activity 12556240 2021-05-01 2022-04-30 12556240 core:WithinOneYear 2022-04-30 12556240 core:ShareCapital 2022-04-30 12556240 core:RetainedEarningsAccumulatedLosses 2022-04-30 12556240 2022-05-01 2023-04-30 12556240 bus:PrivateLimitedCompanyLtd 2022-05-01 2023-04-30 12556240 bus:AuditExempt-NoAccountantsReport 2022-05-01 2023-04-30 12556240 bus:Director40 2022-05-01 2023-04-30 12556240 countries:England 2022-05-01 2023-04-30 12556240 bus:FRS102 2022-05-01 2023-04-30 12556240 bus:FullAccounts 2022-05-01 2023-04-30 12556240 2023-04-30 12556240 core:WithinOneYear 2023-04-30 12556240 core:ShareCapital 2023-04-30 12556240 core:RetainedEarningsAccumulatedLosses 2023-04-30 12556240 2022-04-30 iso4217:GBP xbrli:pure