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REGISTERED NUMBER: 08387533 (England and Wales)






















Edmund Finance Limited

Unaudited Financial Statements for the Year Ended 29th February 2024






Edmund Finance Limited (Registered number: 08387533)






Contents of the Financial Statements
for the year ended 29th February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Edmund Finance Limited

Company Information
for the year ended 29th February 2024







DIRECTOR: E Cavill





REGISTERED OFFICE: Cedar House
5 Cedar Park
Cottingham
HU16 5SZ





REGISTERED NUMBER: 08387533 (England and Wales)





ACCOUNTANTS: Smailes Goldie
Chartered Accountants
Regent's Court
Princess Street
Hull
East Yorkshire
HU2 8BA

Edmund Finance Limited (Registered number: 08387533)

Balance Sheet
29th February 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Debtors 4 514,416 715,090
Cash at bank 238,317 5,304
752,733 720,394
CREDITORS
Amounts falling due within one year 5 9,561 10,307
NET CURRENT ASSETS 743,172 710,087
TOTAL ASSETS LESS CURRENT
LIABILITIES

743,172

710,087

CAPITAL AND RESERVES
Called up share capital 561,625 561,625
Retained earnings 181,547 148,462
SHAREHOLDERS' FUNDS 743,172 710,087

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29th February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29th February 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.

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 director and authorised for issue on 19th November 2024 and were signed by:





E Cavill - Director


Edmund Finance Limited (Registered number: 08387533)

Notes to the Financial Statements
for the year ended 29th February 2024

1. STATUTORY INFORMATION

Edmund Finance 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.

Turnover represents the amounts receivable in the ordinary course of business in the form of credit charges on loans.

Taxation
Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements. 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.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date that are expected to apply to the reversal of timing differences. Deferred tax on revalued non-depreciable tangible fixed assets and investment properties is measured using the rates and allowances that apply to the sale of the asset.

Debtors and creditors receivable/payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. DEBTORS
2024 2023
£    £   
Amounts falling due within one year:
Trade debtors 278,422 398,000
Other debtors 60,994 72,090
339,416 470,090

Edmund Finance Limited (Registered number: 08387533)

Notes to the Financial Statements - continued
for the year ended 29th February 2024

4. DEBTORS - continued
2024 2023
£    £   
Amounts falling due after more than one year:
Trade debtors 175,000 245,000

Aggregate amounts 514,416 715,090

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 7,761 8,507
Other creditors 1,800 1,800
9,561 10,307