IRIS Accounts Production v24.2.0.383 11235888 Board of Directors 1.4.23 31.3.24 31.3.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh112358882023-03-31112358882024-03-31112358882023-04-012024-03-31112358882022-03-31112358882022-04-012023-03-31112358882023-03-3111235888ns15:EnglandWales2023-04-012024-03-3111235888ns14:PoundSterling2023-04-012024-03-3111235888ns10:Director12023-04-012024-03-3111235888ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3111235888ns10:SmallEntities2023-04-012024-03-3111235888ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3111235888ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3111235888ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3111235888ns10:FullAccounts2023-04-012024-03-3111235888ns10:Director22023-04-012024-03-3111235888ns10:Director32023-04-012024-03-3111235888ns10:RegisteredOffice2023-04-012024-03-3111235888ns5:CurrentFinancialInstruments2024-03-3111235888ns5:CurrentFinancialInstruments2023-03-3111235888ns5:Non-currentFinancialInstruments2024-03-3111235888ns5:Non-currentFinancialInstruments2023-03-3111235888ns5:ShareCapital2024-03-3111235888ns5:ShareCapital2023-03-3111235888ns5:RetainedEarningsAccumulatedLosses2024-03-3111235888ns5:RetainedEarningsAccumulatedLosses2023-03-3111235888ns5:FurnitureFittings2023-04-012024-03-3111235888ns5:ComputerEquipment2023-04-012024-03-3111235888ns5:FurnitureFittings2023-03-3111235888ns5:ComputerEquipment2023-03-3111235888ns5:FurnitureFittings2024-03-3111235888ns5:ComputerEquipment2024-03-3111235888ns5:FurnitureFittings2023-03-3111235888ns5:ComputerEquipment2023-03-3111235888ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3111235888ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3111235888ns5:Non-currentFinancialInstrumentsns5:AfterOneYear2024-03-3111235888ns5:Non-currentFinancialInstrumentsns5:AfterOneYear2023-03-31
REGISTERED NUMBER: 11235888 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Edison Ives Limited

Edison Ives Limited (Registered number: 11235888)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Edison Ives Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: G F Hickey
T S Suryavansi
Mrs G C Hickey





REGISTERED OFFICE: Office Block 2
Dragon Court
Springwell Road
Leeds
LS12 1EY





REGISTERED NUMBER: 11235888 (England and Wales)





ACCOUNTANTS: Leon & Company
Chartered Accountants
100 High Ash Drive
Alwoodley
Leeds
West Yorkshire
LS17 8RE

Edison Ives Limited (Registered number: 11235888)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 15,728 7,116

CURRENT ASSETS
Debtors 5 10,570 7,970
Cash at bank 139,183 125,536
149,753 133,506
CREDITORS
Amounts falling due within one year 6 103,839 78,090
NET CURRENT ASSETS 45,914 55,416
TOTAL ASSETS LESS CURRENT
LIABILITIES

61,642

62,532

CREDITORS
Amounts falling due after more than one
year

7

20,806

26,522
NET ASSETS 40,836 36,010

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 40,736 35,910
SHAREHOLDERS' FUNDS 40,836 36,010

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Edison Ives Limited (Registered number: 11235888)

Balance Sheet - continued
31 March 2024


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 Board of Directors and authorised for issue on 28 August 2024 and were signed on its behalf by:





G F Hickey - Director


Edison Ives Limited (Registered number: 11235888)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Edison Ives 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.
Fixtures and fittings - 15% on reducing balance
Computer equipment - 20% on reducing balance

Taxation
Taxation for the year comprises current 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 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 16 (2023 - 16 ) .

Edison Ives Limited (Registered number: 11235888)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 April 2023 2,407 8,050 10,457
Additions 5,960 6,107 12,067
At 31 March 2024 8,367 14,157 22,524
DEPRECIATION
At 1 April 2023 743 2,598 3,341
Charge for year 1,143 2,312 3,455
At 31 March 2024 1,886 4,910 6,796
NET BOOK VALUE
At 31 March 2024 6,481 9,247 15,728
At 31 March 2023 1,664 5,452 7,116

5. DEBTORS
31.3.24 31.3.23
£    £   
Amounts falling due within one year:
Other debtors 10,570 5,570

Amounts falling due after more than one year:
Other debtors - 2,400

Aggregate amounts 10,570 7,970

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 4,017 4,017
Taxation and social security 77,535 55,991
Other creditors 22,287 18,082
103,839 78,090

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans 20,806 24,770
Other creditors - 1,752
20,806 26,522

Edison Ives Limited (Registered number: 11235888)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
31.3.24 31.3.23
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 16,789 20,753

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

In other creditors, an amount of £1,314 (2023: £987) are monies owed to the directors by the company. This is payable on demand and carries no interest.