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REGISTERED NUMBER: 05332744 (England and Wales)






















Unaudited Financial Statements

for the Year Ended 31 January 2024

for

E D I Conveyors Limited

E D I Conveyors Limited (Registered number: 05332744)






Contents of the Financial Statements
for the year ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


E D I Conveyors Limited

Company Information
for the year ended 31 January 2024







DIRECTOR: Mr D Insley





REGISTERED OFFICE: Cherry Tree Court
Cross Street
Leek
Staffordshire
ST13 6BL





REGISTERED NUMBER: 05332744 (England and Wales)





ACCOUNTANTS: Bennett Brooks (Leek) Ltd
Cherry Tree Court
Cross Street
Leek
Staffordshire
ST13 6BL

E D I Conveyors Limited (Registered number: 05332744)

Balance Sheet
31 January 2024

2024 2023
Notes £ £
FIXED ASSETS
Tangible assets 4 78,212 38,390

CURRENT ASSETS
Debtors 5 56,406 139,329
Cash at bank and in hand 69,137 55,094
125,543 194,423
CREDITORS
Amounts falling due within one year 6 (74,856 ) (99,060 )
NET CURRENT ASSETS 50,687 95,363
TOTAL ASSETS LESS CURRENT
LIABILITIES

128,899

133,753

CREDITORS
Amounts falling due after more than one year 7 (63,033 ) (52,756 )

PROVISIONS FOR LIABILITIES (9,610 ) (7,300 )
NET ASSETS 56,256 73,697

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 56,254 73,695
56,256 73,697

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 10 April 2024 and were signed by:





Mr D Insley - Director


E D I Conveyors Limited (Registered number: 05332744)

Notes to the Financial Statements
for the year ended 31 January 2024

1. STATUTORY INFORMATION

E D I Conveyors 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

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 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 - 25% on cost
Motor vehicles - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 6 (2023 - 7 ) .

E D I Conveyors Limited (Registered number: 05332744)

Notes to the Financial Statements - continued
for the year ended 31 January 2024

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£ £ £
COST
At 1 February 2023 21,184 83,287 104,471
Additions - 65,892 65,892
At 31 January 2024 21,184 149,179 170,363
DEPRECIATION
At 1 February 2023 16,496 49,585 66,081
Charge for year 1,172 24,898 26,070
At 31 January 2024 17,668 74,483 92,151
NET BOOK VALUE
At 31 January 2024 3,516 74,696 78,212
At 31 January 2023 4,688 33,702 38,390

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade debtors 55,410 137,898
Other debtors 996 1,431
56,406 139,329

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Bank loans and overdrafts 8,120 7,925
Hire purchase contracts 14,163 10,277
Trade creditors 7,074 21,060
Taxation and social security 42,790 57,260
Other creditors 2,709 2,538
74,856 99,060

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£ £
Bank loans 11,841 19,961
Hire purchase contracts 51,192 32,795
63,033 52,756