BrightAccountsProduction v1.0.0 v1.0.0 2023-01-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts The principal activity of the company is that of a holding company of a shopfitting company. 17 September 2024 2 2 NI615485 2023-12-31 NI615485 2022-12-31 NI615485 2021-12-31 NI615485 2023-01-01 2023-12-31 NI615485 2022-01-01 2022-12-31 NI615485 uk-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 NI615485 uk-curr:PoundSterling 2023-01-01 2023-12-31 NI615485 uk-bus:AbridgedAccounts 2023-01-01 2023-12-31 NI615485 uk-core:ShareCapital 2023-12-31 NI615485 uk-core:ShareCapital 2022-12-31 NI615485 uk-core:RetainedEarningsAccumulatedLosses 2023-12-31 NI615485 uk-core:RetainedEarningsAccumulatedLosses 2022-12-31 NI615485 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2023-12-31 NI615485 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2022-12-31 NI615485 uk-bus:FRS102 2023-01-01 2023-12-31 NI615485 uk-core:CostValuation 2023-12-31 NI615485 uk-core:Associate1 2023-01-01 2023-12-31 NI615485 2023-01-01 2023-12-31 NI615485 uk-bus:Director1 2023-01-01 2023-12-31 NI615485 uk-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 xbrli:pure iso4217:GBP xbrli:shares
Company Registration Number: NI615485
 
 
Edgewater Joinery Ltd
 
Abridged Unaudited Financial Statements
 
for the financial year ended 31 December 2023
Edgewater Joinery Ltd
Company Registration Number: NI615485
ABRIDGED BALANCE SHEET
as at 31 December 2023

2023 2022
Notes £ £
 
Fixed Assets
Investments 4 150,000 150,000
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Current Assets
Debtors 7,283,930 7,284,931
Cash and cash equivalents 88,913 -
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7,372,843 7,284,931
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Creditors: amounts falling due within one year (32,144) (729)
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Net Current Assets 7,340,699 7,284,202
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Total Assets less Current Liabilities 7,490,699 7,434,202
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Capital and Reserves
Called up share capital 10 10
Retained earnings 7,490,689 7,434,192
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Equity attributable to owners of the company 7,490,699 7,434,202
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The financial statements have been prepared 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).
           
All of the members have consented to the preparation of abridged accounts in accordance with section 444(2A) of the Companies Act 2006.
           
The company has taken advantage of the exemption under section 444 not to file the Abridged Profit and Loss Account and Directors' Report.
For the financial year ended 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
           
The directors confirm that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.
           
The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.
           
Approved by the Board and authorised for issue on 17 September 2024 and signed on its behalf by
           
           
           
________________________________          
Mr. Seamus Murray          
Director          
           



Edgewater Joinery Ltd
NOTES TO THE ABRIDGED FINANCIAL STATEMENTS
for the financial year ended 31 December 2023

   
1. General Information
 
Edgewater Joinery Ltd is a private company limited by shares incorporated in Northern Ireland. The registered office of the company is 5 Creagh Business Park, Hillhead Road, Toomebridge, BT41 3UF which is also the principal place of business. The company registration number is NI615485. The financial statements have been presented in Pound Sterling (£) which is also the functional currency of the company.
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance
The financial statements of the company for the year ended 31 December 2023 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
 
Basis of preparation
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Turnover
Turnover represents the total invoice value, excluding value added tax, of sales made during the
 
Investments
Investments held as fixed assets are stated at cost less provision for any permanent diminution in value. Income from other investments together with any related tax credit is recognised in the Profit and Loss Account in the year in which it is receivable.
 
Borrowing costs
Borrowing costs relating to the acquisition of assets are capitalised at the appropriate rate by adding them to the cost of assets being acquired. Investment income earned on the temporary investment of specific borrowings pending their expenditure on the assets is deducted from the borrowing costs eligible for capitalisation. All other borrowing costs are recognised in profit or loss in the period in which they are incurred.
 
Taxation
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.
 
Ordinary share capital
The ordinary share capital of the company is presented as equity.
       
3. Employees
 
The average monthly number of employees, including directors' during the financial year was 2 (2021 - 2).
 
  2023 2022
  Number Number
 
Directors 2 2
  ═════════ ═════════
       
4. Investments
  Group and Total
  participating  
  interests/  
  joint ventures  
Investments £ £
Cost
 
At 31 December 2023 150,000 150,000
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Net book value
At 31 December 2023 150,000 150,000
  ═════════ ═════════
At 31 December 2022 150,000 150,000
  ═════════ ═════════
             
4.1. Holdings of 20% or more
The company holds 20% or more of the share capital of the following company:
 
  Country Nature   Details Proportion
  of of   of held by
Name incorporation and address of Registered Office business   investment company
 
Participating interests and
joint ventures
Edgewater Contracts & Specialist Joinery Limited Northern Ireland Shopfitting & Joinery   Ordinary B 50%
 
The aggregate amount of capital and reserves and the results of these undertakings for the last relevant financial year were as follows:
 
  Year ended Capital and     Profit for
    reserves     the year
    £     £
 
Edgewater Contracts & Specialist Joinery Limited 31 December 2023 10,350,851     840,033
    ═════════     ═════════
 
In the opinion of the directors, the value to the company of the unlisted investments is not less than the book amount shown above.
   
5. Post-Balance Sheet Events
 
There have been no significant events affecting the company since the financial year-end.