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REGISTERED NUMBER: SC446308 (Scotland)















Unaudited Financial Statements

for the Year Ended 31 March 2024

for

Edge Properties (Sales & Investments)
Ltd

Edge Properties (Sales & Investments)
Ltd (Registered number: SC446308)






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 Properties (Sales & Investments)
Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTOR: M Nawaz





REGISTERED OFFICE: Unit 3, Morris Park
37 Rosyth Road
Glasgow
G5 0YD





REGISTERED NUMBER: SC446308 (Scotland)





ACCOUNTANTS: KPP Glasgow South Ltd
Chartered Certified Accountants
Unit 3 , 37 Rosyth Road
Morris Park
Glasgow
G5 0YE

Edge Properties (Sales & Investments)
Ltd (Registered number: SC446308)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 120 120
Tangible assets 5 847,766 747,766
847,886 747,886

CURRENT ASSETS
Cash at bank 131,239 6,349

CREDITORS
Amounts falling due within one year 6 441,964 397,717
NET CURRENT LIABILITIES (310,725 ) (391,368 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

537,161

356,518

CREDITORS
Amounts falling due after more than one
year

7

482,744

332,790
NET ASSETS 54,417 23,728

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 54,317 23,628
SHAREHOLDERS' FUNDS 54,417 23,728

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 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.

Edge Properties (Sales & Investments)
Ltd (Registered number: SC446308)

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 November 2024 and were signed by:





M Nawaz - Director


Edge Properties (Sales & Investments)
Ltd (Registered number: SC446308)

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

1. STATUTORY INFORMATION

Edge Properties (Sales & Investments) Ltd is a private company, limited by shares , registered in Scotland. 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.

Goodwill
Formation Expenses, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - not provided

3. EMPLOYEES AND DIRECTORS

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

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2023
and 31 March 2024 120
NET BOOK VALUE
At 31 March 2024 120
At 31 March 2023 120

Edge Properties (Sales & Investments)
Ltd (Registered number: SC446308)

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

5. TANGIBLE FIXED ASSETS
Land and
buildings
£   
COST
At 1 April 2023 747,766
Additions 100,000
At 31 March 2024 847,766
NET BOOK VALUE
At 31 March 2024 847,766
At 31 March 2023 747,766

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 1 1
Tax 7,199 3,452
Edge Properties Ltd 319,000 279,000
Directors' current accounts 114,444 113,944
Accrued expenses 1,320 1,320
441,964 397,717

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans more 5 yr by instal 482,744 332,790

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 482,744 332,790

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
100 Ordinary 1 100 100

Edge Properties (Sales & Investments)
Ltd (Registered number: SC446308)

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

9. RESERVES
Retained
earnings
£   

At 1 April 2023 23,628
Profit for the year 30,689
At 31 March 2024 54,317