Edmolift Group Limited |
Notes to the Accounts |
for the year ended 31 August 2023 |
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1 |
Accounting policies |
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Basis of preparation |
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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). |
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Turnover |
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Edmolift Group Limited is a holding company and generates income from investments |
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Investments |
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Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account. |
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Debtors |
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Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. |
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Creditors |
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Short term creditors are measured at transaction price (which is usually the invoice price). |
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2 |
Employees |
2023 |
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2022 |
Number |
Number |
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Average number of persons employed by the company |
2 |
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2 |
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3 |
Investments |
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Other |
investments |
£ |
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Cost |
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At 1 September 2022 |
1,002,027 |
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At 31 August 2023 |
1,002,027 |
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The company holds 20% or more of the share capital of the following companies |
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Company |
Shares held |
% |
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Class |
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Edmolift UK Limited |
Ordinary |
100 |
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Lyfthaus Limited |
Ordinary |
100 |
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4 |
Debtors |
2023 |
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2022 |
£ |
£ |
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Other debtors |
900 |
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900 |
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5 |
Creditors: amounts falling due within one year |
2023 |
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2022 |
£ |
£ |
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Amounts owed to group undertakings and undertakings in which the company has a participating interest |
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50 |
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50 |
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Other creditors |
2,027 |
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2,027 |
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2,077 |
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2,077 |
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6 |
Other information |
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Edmolift Group Limited is a private company limited by shares and incorporated in England. Its registered office is: |
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Blois Meadow Business Centre |
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Steeple Bumstead |
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Haverhill |
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Suffolk |
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CB9 7BN |