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Company Registration No. 06026816 (England and Wales)
Cash Converters (Edmonton) Limited Unaudited accounts for the year ended 31 March 2024
Cash Converters (Edmonton) Limited Unaudited accounts Contents
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Cash Converters (Edmonton) Limited Company Information for the year ended 31 March 2024
Directors
Kevin James Poole Gary Raymond Lewy Jayne Elizabeth Poole
Company Number
06026816 (England and Wales)
Registered Office
127 Fore Street Edmonton London N18 2XF England
Accountants
Elite Accountants (London) Limited 717 Green Lanes Winchmore Hill London N21 3RX
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Cash Converters (Edmonton) Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
22,500 
30,000 
Tangible assets
9,573 
12,648 
32,073 
42,648 
Current assets
Inventories
276,388 
245,212 
Debtors
197,144 
46,483 
Cash at bank and in hand
239,261 
369,743 
712,793 
661,438 
Creditors: amounts falling due within one year
(156,022)
(180,346)
Net current assets
556,771 
481,092 
Total assets less current liabilities
588,844 
523,740 
Creditors: amounts falling due after more than one year
(11,660)
(31,663)
Provisions for liabilities
Deferred tax
(1,506)
(1,587)
Net assets
575,678 
490,490 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
575,578 
490,390 
Shareholders' funds
575,678 
490,490 
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 8 July 2024 and were signed on its behalf by
Kevin James Poole Director Company Registration No. 06026816
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Cash Converters (Edmonton) Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Cash Converters (Edmonton) Limited is a private company, limited by shares, registered in England and Wales, registration number 06026816. The registered office is 127 Fore Street, Edmonton, London, N18 2XF, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
15% reducing balance
Plant & machinery
25% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Total 
£ 
Cost
At 1 April 2023
185,000 
At 31 March 2024
185,000 
Amortisation
At 1 April 2023
155,000 
Charge for the year
7,500 
At 31 March 2024
162,500 
Net book value
At 31 March 2024
22,500 
At 31 March 2023
30,000 
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Cash Converters (Edmonton) Limited Notes to the Accounts for the year ended 31 March 2024
5
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 April 2023
211,136 
At 31 March 2024
211,136 
Depreciation
At 1 April 2023
198,488 
Charge for the year
3,075 
At 31 March 2024
201,563 
Net book value
At 31 March 2024
9,573 
At 31 March 2023
12,648 
6
Average number of employees
During the year the average number of employees was 13 (2023: 12).
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