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REGISTERED NUMBER: 09155627 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2024

for

Edge CMI Limited

Edge CMI Limited (Registered number: 09155627)






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




Page

Balance Sheet 1

Notes to the Financial Statements 3


Edge CMI Limited (Registered number: 09155627)

Balance Sheet
31 July 2024

2024 2023
Notes £    £    £    £   
Fixed assets
Tangible assets 4 4,927 4,072

Current assets
Debtors 5 131,100 11,135
Cash at bank 119,122 2,871
250,222 14,006
Creditors
Amounts falling due within one year 6 185,027 26,607
Net current assets/(liabilities) 65,195 (12,601 )
Total assets less current liabilities 70,122 (8,529 )

Creditors
Amounts falling due after more than
one year

7

15,074

20,849
Net assets/(liabilities) 55,048 (29,378 )

Capital and reserves
Called up share capital 8 2 2
Retained earnings 55,046 (29,380 )
Shareholders' funds 55,048 (29,378 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

Edge CMI Limited (Registered number: 09155627)

Balance Sheet - continued
31 July 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 9 October 2024 and were signed on its behalf by:





M Mirrlees - Director


Edge CMI Limited (Registered number: 09155627)

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

1. Statutory information

Edge CMI Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 09155627

Registered office: Pound House
62a Highgate High Street
London
N6 5HX

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.
Plant and machinery - 25% on reducing balance
Computer equipment - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred 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 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.

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.

Edge CMI Limited (Registered number: 09155627)

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

3. Employees and directors

The average number of employees during the year was 2 (2023 - 2 ) .

4. Tangible fixed assets
Plant and Computer
machinery equipment Totals
£    £    £   
Cost
At 1 August 2023 486 10,020 10,506
Additions - 2,279 2,279
At 31 July 2024 486 12,299 12,785
Depreciation
At 1 August 2023 290 6,144 6,434
Charge for year 49 1,375 1,424
At 31 July 2024 339 7,519 7,858
Net book value
At 31 July 2024 147 4,780 4,927
At 31 July 2023 196 3,876 4,072

5. Debtors: amounts falling due within one year
2024 2023
£    £   
Other debtors - 3,249
VAT - 3,674
Deferred tax asset
Tax losses carried forward - 4,212
Prepayments and accrued income 131,100 -
131,100 11,135

6. Creditors: amounts falling due within one year
2024 2023
£    £   
Bank loans and overdrafts 3,574 3,574
Corporation tax 47,300 2,751
VAT 26,931 -
Other creditors 1,728 624
Directors' current accounts 18,224 19,658
Accruals and deferred income 87,270 -
185,027 26,607

Edge CMI Limited (Registered number: 09155627)

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

7. Creditors: amounts falling due after more than one year
2024 2023
£    £   
Bank loans - 1-2 years 3,574 3,574
Bank loans - 2-5 years 10,722 17,275
Bank loans more 5 yr by instal 778 -
15,074 20,849

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 778 -

8. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1 A Ordinary £1 1 1
1 B Ordinary £1 1 1
2 2

9. Ultimate controlling party

The ultimate controlling party is the directors who each hold 50% of the issued share capital.