IRIS Accounts Production v24.3.0.553 04647312 director 1.2.23 31.1.24 31.1.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh046473122023-01-31046473122024-01-31046473122023-02-012024-01-31046473122022-01-31046473122022-02-012023-01-31046473122023-01-3104647312ns15:EnglandWales2023-02-012024-01-3104647312ns14:PoundSterling2023-02-012024-01-3104647312ns10:Director12023-02-012024-01-3104647312ns10:PrivateLimitedCompanyLtd2023-02-012024-01-3104647312ns10:SmallEntities2023-02-012024-01-3104647312ns10:AuditExemptWithAccountantsReport2023-02-012024-01-3104647312ns10:SmallCompaniesRegimeForDirectorsReport2023-02-012024-01-3104647312ns10:SmallCompaniesRegimeForAccounts2023-02-012024-01-3104647312ns10:FullAccounts2023-02-012024-01-3104647312ns10:OrdinaryShareClass12023-02-012024-01-3104647312ns10:RegisteredOffice2023-02-012024-01-3104647312ns5:CurrentFinancialInstruments2024-01-3104647312ns5:CurrentFinancialInstruments2023-01-3104647312ns5:Non-currentFinancialInstruments2024-01-3104647312ns5:Non-currentFinancialInstruments2023-01-3104647312ns5:ShareCapital2024-01-3104647312ns5:ShareCapital2023-01-3104647312ns5:RetainedEarningsAccumulatedLosses2024-01-3104647312ns5:RetainedEarningsAccumulatedLosses2023-01-3104647312ns5:PlantMachinery2023-02-012024-01-3104647312ns5:PlantMachinery2023-01-3104647312ns5:PlantMachinery2024-01-3104647312ns5:PlantMachinery2023-01-3104647312ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2024-01-3104647312ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2023-01-3104647312ns5:DeferredTaxation2023-01-3104647312ns5:DeferredTaxation2023-02-012024-01-3104647312ns5:DeferredTaxation2024-01-3104647312ns10:OrdinaryShareClass12024-01-3104647312ns5:RetainedEarningsAccumulatedLosses2023-01-3104647312ns5:RetainedEarningsAccumulatedLosses2023-02-012024-01-31
REGISTERED NUMBER: 04647312 (England and Wales)














Unaudited Financial Statements

For The Year Ended 31st January 2024

for

Edge Design Workshop Limited

Edge Design Workshop Limited (Registered number: 04647312)






Contents of the Financial Statements
For The Year Ended 31st January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Certified Accountants' Report 7

Edge Design Workshop Limited

Company Information
For The Year Ended 31st January 2024







DIRECTOR: J D Pritchard





REGISTERED OFFICE: Number 07
Royal Well Place
Cheltenham
Gloucestershire
GL50 3DN





REGISTERED NUMBER: 04647312 (England and Wales)





ACCOUNTANTS: Wildin (Accountants & Auditors) Ltd
Kings Buildings
Lydney
Gloucestershire
GL15 5HE

Edge Design Workshop Limited (Registered number: 04647312)

Balance Sheet
31st January 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 14,284 16,753

CURRENT ASSETS
Stocks 17,931 23,926
Debtors 5 4,418 39,817
Cash at bank 45,497 31,036
67,846 94,779
CREDITORS
Amounts falling due within one year 6 40,703 51,776
NET CURRENT ASSETS 27,143 43,003
TOTAL ASSETS LESS CURRENT
LIABILITIES

41,427

59,756

CREDITORS
Amounts falling due after more than one
year

7

(26,615

)

(36,464

)

PROVISIONS FOR LIABILITIES 8 (2,042 ) (2,178 )
NET ASSETS 12,770 21,114

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 10 12,670 21,014
SHAREHOLDERS' FUNDS 12,770 21,114

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st January 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Design Workshop Limited (Registered number: 04647312)

Balance Sheet - continued
31st January 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 Income Statement has not been delivered.

The financial statements were approved and authorised for issue by the director and authorised for issue on 29th October 2024 and were signed by:





J D Pritchard - Director


Edge Design Workshop Limited (Registered number: 04647312)

Notes to the Financial Statements
For The Year Ended 31st January 2024

1. STATUTORY INFORMATION

Edge Design Workshop Limited 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.
Plant and machinery etc - 33% on reducing balance and 15% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year 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 year 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.

Research and development
Expenditure on research and development is written off in the year in which it is incurred.


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 Design Workshop Limited (Registered number: 04647312)

Notes to the Financial Statements - continued
For The Year Ended 31st January 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 5 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st February 2023
and 31st January 2024 52,198
DEPRECIATION
At 1st February 2023 35,445
Charge for year 2,469
At 31st January 2024 37,914
NET BOOK VALUE
At 31st January 2024 14,284
At 31st January 2023 16,753

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Debtors & Prepayments 4,418 39,817

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Tax 7,670 28,136
VAT 12,682 12,432
Directors' current accounts 1,071 700
Accrued expenses 19,280 10,508
40,703 51,776

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.24 31.1.23
£    £   
Other loans - 2-5 years 26,615 36,464

8. PROVISIONS FOR LIABILITIES
31.1.24 31.1.23
£    £   
Deferred tax 2,042 2,178

Edge Design Workshop Limited (Registered number: 04647312)

Notes to the Financial Statements - continued
For The Year Ended 31st January 2024

8. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1st February 2023 2,178
Credit to Income Statement during year (136 )
Balance at 31st January 2024 2,042

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.1.24 31.1.23
value: £    £   
100 Ordinary £1 100 100

10. RESERVES
Retained
earnings
£   

At 1st February 2023 21,014
Profit for the year 25,656
Dividends (34,000 )
At 31st January 2024 12,670

11. RELATED PARTY DISCLOSURES

During the year, total dividends of £34,000 (2023 - £53,000) were paid to the director .

Chartered Certified Accountants' Report to the Director
on the Unaudited Financial Statements of
Edge Design Workshop Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Edge Design Workshop Limited for the year ended 31st January 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of Edge Design Workshop Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Edge Design Workshop Limited and state those matters that we have agreed to state to the director of Edge Design Workshop Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Edge Design Workshop Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Edge Design Workshop Limited. You consider that Edge Design Workshop Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Edge Design Workshop Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Wildin (Accountants & Auditors) Ltd
Kings Buildings
Lydney
Gloucestershire
GL15 5HE


Date: 29th October 2024