1 November 2022 v2024.35.1 limited_company_frs_102_section_1a_v1_1_1 companies_houseSoftwarefalsetruetruetrueNo description of principal activityfalsetruexbrli:purexbrli:sharesiso4217:GBPSC7123892022-11-012023-10-31SC7123892023-10-31SC7123892022-10-31SC712389core:WithinOneYear2023-10-31SC712389core:WithinOneYear2022-10-31SC712389core:ShareCapital2023-10-31SC712389core:ShareCapital2022-10-31SC712389core:RetainedEarningsAccumulatedLosses2023-10-31SC712389core:RetainedEarningsAccumulatedLosses2022-10-31SC712389bus:Director12022-11-012023-10-31SC712389bus:RegisteredOffice2022-11-012023-10-31SC712389core:PlantMachinery2022-11-012023-10-31SC712389core:OfficeEquipment2022-11-012023-10-31SC712389core:FurnitureFittings2022-11-012023-10-31SC7123892021-10-172022-10-31SC712389core:PlantMachinery2022-11-01SC712389core:PlantMachinery2023-10-31SC712389core:PlantMachinery2022-10-31SC71238912022-11-012023-10-31SC712389countries:Scotland2022-11-012023-10-31SC712389bus:AuditExempt-NoAccountantsReport2022-11-012023-10-31SC712389bus:PrivateLimitedCompanyLtd2022-11-012023-10-31SC712389bus:SmallEntities2022-11-012023-10-31SC712389bus:FullAccounts2022-11-012023-10-31
Company registration number:
SC712389
EDKR Ltd
Unaudited Filleted Financial Statements for the year ended
31 October 2023
EDKR Ltd
Statement of Financial Position
31 October 2023
20232022
Note££
Fixed assets    
Tangible assets 5
59,668
 
68,007
 
Current assets    
Debtors 6
69,351
 
20,746
 
Cash at bank and in hand
83,318
 
13,272
 
152,669
 
34,018
 
Creditors: amounts falling due within one year 7
(67,374
)
(88,965
)
Net current assets/(liabilities)
85,295
 
(54,947
)
Total assets less current liabilities 144,963   13,060  
Capital and reserves    
Called up share capital
10
 
10
 
Profit and loss account
144,953
 
13,050
 
Shareholders funds
144,963
 
13,060
 
For the year ending
31 October 2023
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
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 income statement has not been delivered.
These
financial statements
were approved by the board of directors and authorised for issue on
29 July 2024
, and are signed on behalf of the board by:
C Zhang
Director
Company registration number:
SC712389
EDKR Ltd
Notes to the Financial Statements
Year ended
31 October 2023

1 General information

The company is a private company limited by shares and is registered in Scotland. The address of the registered office is
30-32 Moss Street
,
Paisley
,
PA1 1BA
, Scotland.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Current tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Plant and machinery
15% straight line
Office equipment
15% straight line
Fixtures and fittings
15% straight line

Defined contribution pension plan

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4 Average number of employees

The average number of persons employed by the company during the year was
14
(2022:
3.00
).

5 Tangible assets

Plant and machinery etc.
£
Cost  
At
1 November 2022
80,009
 
Additions
4,309
 
At
31 October 2023
84,318
 
Depreciation  
At
1 November 2022
12,002
 
Charge
12,648
 
At
31 October 2023
24,650
 
Carrying amount  
At
31 October 2023
59,668
 
At 31 October 2022
68,007
 

6 Debtors

20232022
££
Trade debtors
19,351
 
8,016
 
Other debtors
50,000
 
12,730
 
69,351
 
20,746
 

7 Creditors: amounts falling due within one year

20232022
££
Trade creditors
7,825
 
18,205
 
Taxation and social security
28,785
 
80
 
Other creditors
30,764
 
70,680
 
67,374
 
88,965