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REGISTERED NUMBER: 08202420 (England and Wales)




FINANCIAL STATEMENTS

FOR THE PERIOD

30 SEPTEMBER 2022 TO 30 SEPTEMBER 2023

FOR

EDSKILLS LTD

EDSKILLS LTD (REGISTERED NUMBER: 08202420)






CONTENTS OF THE FINANCIAL STATEMENTS
for the period 30 September 2022 to 30 September 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


EDSKILLS LTD

COMPANY INFORMATION
for the period 30 September 2022 to 30 September 2023







DIRECTORS: U Ibrar
I Iqbal





REGISTERED OFFICE: Office 35 Digbeth Court
162-164 High Street
Deritend
Birmingham
West Midlands
B12 0LD





REGISTERED NUMBER: 08202420 (England and Wales)





AUDITORS: Luckmans Duckett Parker Limited
1110 Elliott Court
Coventry Business Park
Herald Avenue
Coventry
West Midlands
CV5 6UB

EDSKILLS LTD (REGISTERED NUMBER: 08202420)

BALANCE SHEET
30 September 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,318 2,187

CURRENT ASSETS
Debtors 5 13,045 30,676
Cash at bank and in hand 91,084 54,117
104,129 84,793
CREDITORS
Amounts falling due within one year 6 44,229 22,457
NET CURRENT ASSETS 59,900 62,336
TOTAL ASSETS LESS CURRENT
LIABILITIES

63,218

64,523

CREDITORS
Amounts falling due after more than one
year

7

35,735

39,620
NET ASSETS 27,483 24,903

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 27,383 24,803
27,483 24,903

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 Income Statement has not been delivered.

The financial statements were approved by Board of Directors the Board of Directors and authorised for issue on 18 October 2024 and were signed on its behalf by:




U Ibrar - Director



I Iqbal - Director


EDSKILLS LTD (REGISTERED NUMBER: 08202420)

NOTES TO THE FINANCIAL STATEMENTS
for the period 30 September 2022 to 30 September 2023

1. STATUTORY INFORMATION

Edskills Ltd 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 - 15% on reducing balance

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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 period was 15 (2022 - 8 ) .

EDSKILLS LTD (REGISTERED NUMBER: 08202420)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the period 30 September 2022 to 30 September 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 30 September 2022 3,625 2,614 6,239
Additions 1,156 342 1,498
At 30 September 2023 4,781 2,956 7,737
DEPRECIATION
At 30 September 2022 2,424 1,628 4,052
Charge for period 202 165 367
At 30 September 2023 2,626 1,793 4,419
NET BOOK VALUE
At 30 September 2023 2,155 1,163 3,318
At 29 September 2022 1,201 986 2,187

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 13,045 30,676

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 3,206 1,153
Trade creditors 1 1
Tax 8,971 15,810
Social security and other taxes 219 1,091
Pension payable 172 238
Directors' current accounts 2,806 4,164
Accruals and deferred income 24,354 -
Accrued expenses 4,500 -
44,229 22,457

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Other loans - 1-2 years 6,645 7,220
Other Loan 2-5 Years 29,090 32,400
35,735 39,620

8. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Ashwani Rishiraj BA FCA (Senior Statutory Auditor)
for and on behalf of Luckmans Duckett Parker Limited