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REGISTERED NUMBER: 09384887 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Edge Retail Manufacturing Ltd

Edge Retail Manufacturing Ltd (Registered number: 09384887)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Edge Retail Manufacturing Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTORS: C K Wick
G A Quirke
S P Shields
J Harrison





REGISTERED OFFICE: Park House
37 Clarence Street
Leicester
Leicestershire
LE1 3RW





REGISTERED NUMBER: 09384887 (England and Wales)





ACCOUNTANTS: torr waterfield
Park House
37 Clarence Street
Leicester
Leicestershire
LE1 3RW

Edge Retail Manufacturing Ltd (Registered number: 09384887)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 64,127 84,667

CURRENT ASSETS
Debtors 5 276,961 161,379
Cash at bank 318,715 337,785
595,676 499,164
CREDITORS
Amounts falling due within one year 6 (191,382 ) (117,564 )
NET CURRENT ASSETS 404,294 381,600
TOTAL ASSETS LESS CURRENT
LIABILITIES

468,421

466,267

CREDITORS
Amounts falling due after more than one
year

7

(28,018

)

(36,871

)

PROVISIONS FOR LIABILITIES (16,032 ) (21,167 )
NET ASSETS 424,371 408,229

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 424,271 408,129
SHAREHOLDERS' FUNDS 424,371 408,229

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 Retail Manufacturing Ltd (Registered number: 09384887)

Balance Sheet - continued
31 March 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 10 October 2024 and were signed on its behalf by:





J Harrison - Director


Edge Retail Manufacturing Ltd (Registered number: 09384887)

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

1. STATUTORY INFORMATION

Edge Retail Manufacturing 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.
Plant and machinery - 20% on cost
Fixtures and fittings - 20% on cost
Motor vehicles - 20% on reducing balance
Computer equipment - 25% on cost

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.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Government grants
Government grants received in relation to expenditure are credited when the expenditure is incurred to the profit and loss.

Edge Retail Manufacturing Ltd (Registered number: 09384887)

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

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2023 - 6 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 April 2023 48,543 2,262 79,680 4,120 134,605
Additions - - - 125 125
At 31 March 2024 48,543 2,262 79,680 4,245 134,730
DEPRECIATION
At 1 April 2023 32,017 2,092 13,187 2,642 49,938
Charge for year 6,307 63 13,296 999 20,665
At 31 March 2024 38,324 2,155 26,483 3,641 70,603
NET BOOK VALUE
At 31 March 2024 10,219 107 53,197 604 64,127
At 31 March 2023 16,526 170 66,493 1,478 84,667

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 266,428 156,621
Other debtors 10,533 4,758
276,961 161,379

Other debtors includes prepayments and accrued income of £10,145 (2023: £4,370).

Edge Retail Manufacturing Ltd (Registered number: 09384887)

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

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Hire purchase contracts 8,854 8,318
Trade creditors 42,728 27,488
Taxation and social security 123,695 67,530
Other creditors 16,105 14,228
191,382 117,564

Other creditors includes accruals and deferred income of £3,927 (2023: £3,733).

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Hire purchase contracts 28,018 36,871

8. SECURED DEBTS

The following secured debts are included within creditors:

31.3.24 31.3.23
£    £   
Hire purchase contracts 36,872 45,189

Hire purchase liabilities are secured on the individual assets being so acquired.

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2024 and 31 March 2023:

31.3.24 31.3.23
£    £   
J Harrison
Balance outstanding at start of year - 18,966
Amounts repaid - (18,966 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

Loans above £10,000 are charged interest at 2.5%. All loans are repayable on demand.