THE EDGE PROPERTY GROUP LTD |
Registered number: |
10736847 |
Balance Sheet |
as at 30 April 2024 |
|
Notes |
|
|
2024 |
|
|
2023 |
£ |
£ |
Fixed assets |
Investments |
3 |
|
|
300 |
|
|
300 |
|
Current assets |
Debtors |
4 |
|
34,179 |
|
|
39,815 |
Cash at bank and in hand |
|
|
650 |
|
|
984 |
|
|
|
34,829 |
|
|
40,799 |
|
Creditors: amounts falling due within one year |
5 |
|
(2,677) |
|
|
(2,761) |
|
Net current assets |
|
|
|
32,152 |
|
|
38,038 |
|
Total assets less current liabilities |
|
|
|
32,452 |
|
|
38,338 |
|
Creditors: amounts falling due after more than one year |
6 |
|
|
(34,179) |
|
|
(39,815) |
|
|
|
Net liabilities |
|
|
|
(1,727) |
|
|
(1,477) |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
|
|
|
100 |
|
|
100 |
Profit and loss account |
|
|
|
(1,827) |
|
|
(1,577) |
|
Shareholder's funds |
|
|
|
(1,727) |
|
|
(1,477) |
|
|
|
|
|
|
|
|
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
18 April 2025 |
Director |
Approved by the board on 18 April 2025 |
|
THE EDGE PROPERTY GROUP LTD |
Notes to the Accounts |
for the year ended 30 April 2024 |
|
|
1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Investments |
|
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account. |
|
|
2 |
Employees |
2024 |
|
2023 |
Number |
Number |
|
|
Average number of persons employed by the company |
0 |
|
0 |
|
|
|
|
|
|
|
|
|
|
3 |
Investments |
Investments in |
subsidiary |
undertakings |
£ |
|
Cost |
|
At 1 May 2023 |
300 |
|
|
At 30 April 2024 |
300 |
|
|
|
|
|
|
|
|
|
|
Historical cost |
|
At 1 May 2023 |
300 |
|
At 30 April 2024 |
300 |
|
|
|
|
|
|
|
|
|
|
|
4 |
Debtors |
2024 |
|
2023 |
£ |
£ |
|
|
Amounts owed by group undertakings and undertakings in which the company has a participating interest |
|
34,179 |
|
39,815 |
|
|
|
|
|
|
|
|
|
|
Amounts due after more than one year included above |
34,179 |
|
39,815 |
|
|
|
|
|
|
|
|
|
|
5 |
Creditors: amounts falling due within one year |
2024 |
|
2023 |
£ |
£ |
|
|
Amounts owed to group undertakings and undertakings in which the company has a participating interest |
|
2,427 |
|
2,761 |
|
Other creditors |
250 |
|
- |
|
|
|
|
|
|
2,677 |
|
2,761 |
|
|
|
|
|
|
|
|
|
|
6 |
Creditors: amounts falling due after one year |
2024 |
|
2023 |
£ |
£ |
|
|
Bank loans |
34,179 |
|
39,815 |
|
|
|
|
|
|
|
|
|
|
7 |
Loans |
2024 |
|
2023 |
£ |
£ |
|
Creditors include: |
|
Amounts payable otherwise than by instalment falling due for payment after more than five years |
|
34,179 |
|
39,815 |
|
|
|
|
|
|
|
|
|
|
8 |
Loan Debtor |
|
|
Loan debtor is a corporate entity, Vision Property Ventures Ltd, a company in which the director has a majority interest. It is a fixed term loan charging interest at 2.5% starting in year 2. |
|
|
9 |
Controlling party |
|
|
The ultimate controlling party is A B G Sapala. |
|
|
10 |
Other information |
|
|
THE EDGE PROPERTY GROUP LTD is a private company limited by shares and incorporated in England. Its registered office is: |
|
40 Egbert Gardens |
|
Wickford |
|
Essex |
|
England |
|
SS11 7BW |