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REGISTERED NUMBER: 10273307 (England and Wales)















Unaudited Financial Statements for the Year Ended 5 April 2024

for

Edge Media Labs Ltd.

Edge Media Labs Ltd. (Registered number: 10273307)






Contents of the Financial Statements
for the Year Ended 5 April 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


Edge Media Labs Ltd.

Company Information
for the Year Ended 5 April 2024







DIRECTORS: Mrs D Salo
J Ostergaard





REGISTERED OFFICE: 4th Floor 18 St. Cross Street
London
EC1N 8UN





REGISTERED NUMBER: 10273307 (England and Wales)





ACCOUNTANTS: One Accounting Ltd
Chartered Management Accountants
Drumsheugh Toll
2 Belford Road
Edinburgh
Midlothian
EH4 3BL

Edge Media Labs Ltd. (Registered number: 10273307)

Statement of Financial Position
5 April 2024

5.4.24 5.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,632 1,316

CURRENT ASSETS
Stocks 120,782 120,325
Cash at bank 50,159 248
170,941 120,573
CREDITORS
Amounts falling due within one year 5 41,587 84,488
NET CURRENT ASSETS 129,354 36,085
TOTAL ASSETS LESS CURRENT
LIABILITIES

132,986

37,401

PROVISIONS FOR LIABILITIES 908 329
NET ASSETS 132,078 37,072

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 132,077 37,071
132,078 37,072

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 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.

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 the Board of Directors and authorised for issue on 7 November 2024 and were signed on its behalf by:





J Ostergaard - Director


Edge Media Labs Ltd. (Registered number: 10273307)

Notes to the Financial Statements
for the Year Ended 5 April 2024

1. STATUTORY INFORMATION

Edge Media Labs 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 - 33% on reducing balance
Computer equipments - 33% on reducing balance

Stocks
Development Land is held at the lower of original cost plus costs of improvement to the land and net realisable value. Where the total cost of land and improvements is higher than the anticipated realisable value, the value of the stock is written down to anticipated realisable value.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipments Totals
£    £    £   
COST
At 6 April 2023 935 9,980 10,915
Additions - 3,055 3,055
At 5 April 2024 935 13,035 13,970
DEPRECIATION
At 6 April 2023 764 8,835 9,599
Charge for year 57 682 739
At 5 April 2024 821 9,517 10,338
NET BOOK VALUE
At 5 April 2024 114 3,518 3,632
At 5 April 2023 171 1,145 1,316

Edge Media Labs Ltd. (Registered number: 10273307)

Notes to the Financial Statements - continued
for the Year Ended 5 April 2024

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
5.4.24 5.4.23
£    £   
Tax 28,750 (132 )
Directors' current accounts 10,929 83,960
Accrued expenses 1,908 660
41,587 84,488

6. RELATED PARTY DISCLOSURES

During the year, total dividends of £2,000 were paid to the directors .