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Company Registration No. 09037746 (England and Wales)
Edit37 Limited Filleted Accounts for the year ended 30 May 2024
Edit37 Limited Filleted Accounts Contents
Page
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Edit37 Limited Company Information for the year ended 30 May 2024
Director
S Duff
Company Number
09037746 (England and Wales)
Registered Office
Sapphire House 73 St Margarets Avenue London N20 9LD
Accountants
Lacome & Co Chartered Accountants Sapphire House 73 St.Margarets Avenue London N20 9LD
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Edit37 Limited Statement of financial position as at 30 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
746 
803 
Current assets
Debtors
10,106 
14,416 
Cash at bank and in hand
55,731 
37,331 
65,837 
51,747 
Creditors: amounts falling due within one year
(21,975)
(21,879)
Net current assets
43,862 
29,868 
Net assets
44,608 
30,671 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
44,508 
30,571 
Shareholders' funds
44,608 
30,671 
For the year ending 30 May 2024 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 his 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 22 July 2024 and were signed on its behalf by
S Duff Director Company Registration No. 09037746
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Edit37 Limited Notes to the Accounts for the year ended 30 May 2024
1
Statutory information
Edit37 Limited is a private company, limited by shares, registered in England and Wales, registration number 09037746. The registered office is Sapphire House, 73 St Margarets Avenue, London, N20 9LD.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents net invoiced fees receivable, excluding Value Added Tax
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:
Computer equipment
Reducing balance method at 25% per annum.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 31 May 2023
6,606 
Additions
192 
At 30 May 2024
6,798 
Depreciation
At 31 May 2023
5,803 
Charge for the year
249 
At 30 May 2024
6,052 
Net book value
At 30 May 2024
746 
At 30 May 2023
803 
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Edit37 Limited Notes to the Accounts for the year ended 30 May 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
10,100 
14,416 
Accrued income and prepayments
6 
- 
10,106 
14,416 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
5,518 
8,167 
Trade creditors
- 
480 
Taxes and social security
13,029 
10,405 
Loans from directors
3,144 
1,314 
Accruals
284 
1,513 
21,975 
21,879 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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