Company Registration No. 07291744 (England and Wales)
Edition 58 Ltd
Unaudited accounts
for the year ended 31 May 2023
Edition 58 Ltd
Unaudited accounts
Contents
Edition 58 Ltd
Company Information
for the year ended 31 May 2023
Director
Kerrie Ann Pullen
Company Number
07291744 (England and Wales)
Registered Office
The Octagon
Hesslewood Office Park
Ferriby Road
Hessle
HU13 0LH
United Kingdom
Accountants
Rainbird Hanton Accountants
The Octagon
Hesslewood Business Park
Feriby Road
Hessle
East Yorkshire
HU13 0LH
Edition 58 Ltd
Statement of financial position
as at 31 May 2023
Tangible assets
21,742
25,264
Cash at bank and in hand
14,000
14,000
Creditors: amounts falling due within one year
(70,227)
(46,864)
Net current liabilities
(39,924)
(27,964)
Total assets less current liabilities
(18,182)
(2,700)
Creditors: amounts falling due after more than one year
(19,894)
(24,220)
Provisions for liabilities
Net liabilities
(38,076)
(32,662)
Called up share capital
100
100
Profit and loss account
(38,176)
(32,762)
Shareholders' funds
(38,076)
(32,662)
For the year ending 31 May 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 15 February 2024 and were signed on its behalf by
Kerrie Ann Pullen
Director
Company Registration No. 07291744
Edition 58 Ltd
Notes to the Accounts
for the year ended 31 May 2023
Edition 58 Ltd is a private company, limited by shares, registered in England and Wales, registration number 07291744. The registered office is The Octagon, Hesslewood Office Park, Ferriby Road, Hessle, HU13 0LH, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
20% on WDV
Plant & machinery
25% on WDV
Fixtures & fittings
20% on WDV
Computer equipment
20% on WDV
4
Intangible fixed assets
Goodwill
Edition 58 Ltd
Notes to the Accounts
for the year ended 31 May 2023
5
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 June 2022
16,231
19,956
57,663
6,479
100,329
Additions
-
-
1,657
381
2,038
At 31 May 2023
16,231
19,956
59,320
6,860
102,367
At 1 June 2022
15,023
11,214
43,517
5,311
75,065
Charge for the year
242
2,186
2,829
303
5,560
At 31 May 2023
15,265
13,400
46,346
5,614
80,625
At 31 May 2023
966
6,556
12,974
1,246
21,742
At 31 May 2022
1,208
8,742
14,146
1,168
25,264
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
19,041
13,429
Amounts owed to group undertakings and other participating interests
-
13,708
Taxes and social security
638
8,712
Other creditors
38,353
11,015
8
Creditors: amounts falling due after more than one year
2023
2022
9
Average number of employees
During the year the average number of employees was 11 (2022: 8).