2023-02-012024-01-312024-01-31false08088422CHARLES EDWARD LIMITED2024-10-3070229iso4217:GBPxbrli:pure080884222023-02-01080884222024-01-31080884222023-02-012024-01-31080884222022-02-01080884222023-01-31080884222022-02-012023-01-3108088422bus:SmallEntities2023-02-012024-01-3108088422bus:AuditExempt-NoAccountantsReport2023-02-012024-01-3108088422bus:FullAccounts2023-02-012024-01-3108088422bus:PrivateLimitedCompanyLtd2023-02-012024-01-3108088422core:WithinOneYear2024-01-3108088422core:AfterOneYear2024-01-3108088422core:WithinOneYear2023-01-3108088422core:AfterOneYear2023-01-3108088422core:ShareCapital2024-01-3108088422core:SharePremium2024-01-3108088422core:RevaluationReserve2024-01-3108088422core:OtherReservesSubtotal2024-01-3108088422core:RetainedEarningsAccumulatedLosses2024-01-3108088422core:ShareCapital2023-01-3108088422core:SharePremium2023-01-3108088422core:RevaluationReserve2023-01-3108088422core:OtherReservesSubtotal2023-01-3108088422core:RetainedEarningsAccumulatedLosses2023-01-3108088422core:LandBuildings2024-01-3108088422core:PlantMachinery2024-01-3108088422core:Vehicles2024-01-3108088422core:FurnitureFittings2024-01-3108088422core:OfficeEquipment2024-01-3108088422core:NetGoodwill2024-01-3108088422core:IntangibleAssetsOtherThanGoodwill2024-01-3108088422core:ListedExchangeTraded2024-01-3108088422core:UnlistedNon-exchangeTraded2024-01-3108088422core:LandBuildings2023-01-3108088422core:PlantMachinery2023-01-3108088422core:Vehicles2023-01-3108088422core:FurnitureFittings2023-01-3108088422core:OfficeEquipment2023-01-3108088422core:NetGoodwill2023-01-3108088422core:IntangibleAssetsOtherThanGoodwill2023-01-3108088422core:ListedExchangeTraded2023-01-3108088422core:UnlistedNon-exchangeTraded2023-01-3108088422core:LandBuildings2023-02-012024-01-3108088422core:PlantMachinery2023-02-012024-01-3108088422core:Vehicles2023-02-012024-01-3108088422core:FurnitureFittings2023-02-012024-01-3108088422core:OfficeEquipment2023-02-012024-01-3108088422core:NetGoodwill2023-02-012024-01-3108088422core:IntangibleAssetsOtherThanGoodwill2023-02-012024-01-3108088422core:ListedExchangeTraded2023-02-012024-01-3108088422core:UnlistedNon-exchangeTraded2023-02-012024-01-3108088422core:MoreThanFiveYears2023-02-012024-01-3108088422core:Non-currentFinancialInstruments2024-01-3108088422core:Non-currentFinancialInstruments2023-01-3108088422dpl:CostSales2023-02-012024-01-3108088422dpl:DistributionCosts2023-02-012024-01-3108088422core:LandBuildings2023-02-012024-01-3108088422core:PlantMachinery2023-02-012024-01-3108088422core:Vehicles2023-02-012024-01-3108088422core:FurnitureFittings2023-02-012024-01-3108088422core:OfficeEquipment2023-02-012024-01-3108088422dpl:AdministrativeExpenses2023-02-012024-01-3108088422core:NetGoodwill2023-02-012024-01-3108088422core:IntangibleAssetsOtherThanGoodwill2023-02-012024-01-3108088422dpl:GroupUndertakings2023-02-012024-01-3108088422dpl:ParticipatingInterests2023-02-012024-01-3108088422dpl:GroupUndertakingscore:ListedExchangeTraded2023-02-012024-01-3108088422core:ListedExchangeTraded2023-02-012024-01-3108088422dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-02-012024-01-3108088422core:UnlistedNon-exchangeTraded2023-02-012024-01-3108088422dpl:CostSales2022-02-012023-01-3108088422dpl:DistributionCosts2022-02-012023-01-3108088422core:LandBuildings2022-02-012023-01-3108088422core:PlantMachinery2022-02-012023-01-3108088422core:Vehicles2022-02-012023-01-3108088422core:FurnitureFittings2022-02-012023-01-3108088422core:OfficeEquipment2022-02-012023-01-3108088422dpl:AdministrativeExpenses2022-02-012023-01-3108088422core:NetGoodwill2022-02-012023-01-3108088422core:IntangibleAssetsOtherThanGoodwill2022-02-012023-01-3108088422dpl:GroupUndertakings2022-02-012023-01-3108088422dpl:ParticipatingInterests2022-02-012023-01-3108088422dpl:GroupUndertakingscore:ListedExchangeTraded2022-02-012023-01-3108088422core:ListedExchangeTraded2022-02-012023-01-3108088422dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-02-012023-01-3108088422core:UnlistedNon-exchangeTraded2022-02-012023-01-3108088422core:NetGoodwill2024-01-3108088422core:IntangibleAssetsOtherThanGoodwill2024-01-3108088422core:LandBuildings2024-01-3108088422core:PlantMachinery2024-01-3108088422core:Vehicles2024-01-3108088422core:FurnitureFittings2024-01-3108088422core:OfficeEquipment2024-01-3108088422core:AfterOneYear2024-01-3108088422core:WithinOneYear2024-01-3108088422core:ListedExchangeTraded2024-01-3108088422core:UnlistedNon-exchangeTraded2024-01-3108088422core:ShareCapital2024-01-3108088422core:SharePremium2024-01-3108088422core:RevaluationReserve2024-01-3108088422core:OtherReservesSubtotal2024-01-3108088422core:RetainedEarningsAccumulatedLosses2024-01-3108088422core:NetGoodwill2023-01-3108088422core:IntangibleAssetsOtherThanGoodwill2023-01-3108088422core:LandBuildings2023-01-3108088422core:PlantMachinery2023-01-3108088422core:Vehicles2023-01-3108088422core:FurnitureFittings2023-01-3108088422core:OfficeEquipment2023-01-3108088422core:AfterOneYear2023-01-3108088422core:WithinOneYear2023-01-3108088422core:Liste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CHARLES EDWARD LIMITED

Registered Number
08088422
(England and Wales)

Unaudited Financial Statements for the Year ended
31 January 2024

CHARLES EDWARD LIMITED
Company Information
for the year from 1 February 2023 to 31 January 2024

Director

HARDWICK, Dale Tristan

Registered Address

4 Bloors Lane
Rainham
Gillingham
ME8 7EG

Registered Number

08088422 (England and Wales)
CHARLES EDWARD LIMITED
Balance Sheet as at
31 January 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets3292,914332,262
Investments4850,000850,000
1,142,9141,182,262
Current assets
Stocks5122,105138,256
Debtors4,006,4984,395,373
Cash at bank and on hand625,3511,168,699
4,753,9545,702,328
Creditors amounts falling due within one year6(1,823,907)(2,526,091)
Net current assets (liabilities)2,930,0473,176,237
Total assets less current liabilities4,072,9614,358,499
Creditors amounts falling due after one year7(421,536)(721,536)
Net assets3,651,4253,636,963
Capital and reserves
Called up share capital55
Profit and loss account3,651,4203,636,958
Shareholders' funds3,651,4253,636,963
The financial statements were approved and authorised for issue by the Director on 30 October 2024, and are signed on its behalf by:
HARDWICK, Dale Tristan
Director
Registered Company No. 08088422
CHARLES EDWARD LIMITED
Notes to the Financial Statements
for the year ended 31 January 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Employee benefits
Contributions to defined contribution plans are expensed in the period to which they relate.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)Straight line (years)
Land and buildings-10
Fixtures and fittings20-
Vehicles25-
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Stocks and work in progress
Inventories are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).
2.Average number of employees

20242023
Average number of employees during the year66
3.Tangible fixed assets

Land & buildings

Vehicles

Fixtures & fittings

Total

££££
Cost or valuation
At 01 February 23483,47817,99319,773521,244
At 31 January 24483,47817,99319,773521,244
Depreciation and impairment
At 01 February 23158,77113,79716,414188,982
Charge for year36,2611,0492,03839,348
At 31 January 24195,03214,84618,452228,330
Net book value
At 31 January 24288,4463,1471,321292,914
At 31 January 23324,7074,1963,359332,262
4.Fixed asset investments

Other loans1

Total

££
Cost or valuation
At 01 February 23850,000850,000
At 31 January 24850,000850,000
Net book value
At 31 January 24850,000850,000
At 31 January 23850,000850,000

Notes

1Other loans classified under investments
5.Stocks

2024

2023

££
Work in progress122,105138,256
Total122,105138,256
6.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables703,490562,694
Bank borrowings and overdrafts520,184570,185
Taxation and social security157,813459,342
Other creditors18,2595,225
Accrued liabilities and deferred income424,161928,645
Total1,823,9072,526,091
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
7.Creditors: amounts due after one year

2024

2023

££
Bank borrowings and overdrafts421,536721,536
Total421,536721,536