Company Registration No. 09037746 (England and Wales)
Edit37 Limited
Filleted Accounts
for the year ended 30 May 2024
Edit37 Limited
Filleted Accounts
Contents
Edit37 Limited
Company Information
for the year ended 30 May 2024
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
Edit37 Limited
Statement of financial position
as at 30 May 2024
Cash at bank and in hand
55,731
37,331
Creditors: amounts falling due within one year
(21,975)
(21,879)
Net current assets
43,862
29,868
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
Edit37 Limited
Notes to the Accounts
for the year ended 30 May 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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.
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
Edit37 Limited
Notes to the Accounts
for the year ended 30 May 2024
Amounts falling due within one year
Trade debtors
10,100
14,416
Accrued income and prepayments
6
-
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
13,029
10,405
Loans from directors
3,144
1,314
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).