Edge Global Project Limited 11451469 false 2023-08-01 2024-07-31 2024-07-31 The principal activity of the company is project management. Digita Accounts Production Advanced 6.30.9574.0 true 11451469 2023-08-01 2024-07-31 11451469 2024-07-31 11451469 core:RetainedEarningsAccumulatedLosses 2024-07-31 11451469 core:ShareCapital 2024-07-31 11451469 core:CurrentFinancialInstruments 2024-07-31 11451469 core:CurrentFinancialInstruments core:WithinOneYear 2024-07-31 11451469 core:FurnitureFittingsToolsEquipment 2024-07-31 11451469 bus:SmallEntities 2023-08-01 2024-07-31 11451469 bus:AuditExemptWithAccountantsReport 2023-08-01 2024-07-31 11451469 bus:FilletedAccounts 2023-08-01 2024-07-31 11451469 bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 11451469 bus:RegisteredOffice 2023-08-01 2024-07-31 11451469 bus:Director1 2023-08-01 2024-07-31 11451469 bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 11451469 core:ComputerEquipment 2023-08-01 2024-07-31 11451469 core:FurnitureFittingsToolsEquipment 2023-08-01 2024-07-31 11451469 core:OfficeEquipment 2023-08-01 2024-07-31 11451469 countries:EnglandWales 2023-08-01 2024-07-31 11451469 2023-07-31 11451469 core:FurnitureFittingsToolsEquipment 2023-07-31 11451469 2022-08-01 2023-07-31 11451469 2023-07-31 11451469 core:RetainedEarningsAccumulatedLosses 2023-07-31 11451469 core:ShareCapital 2023-07-31 11451469 core:CurrentFinancialInstruments 2023-07-31 11451469 core:CurrentFinancialInstruments core:WithinOneYear 2023-07-31 11451469 core:FurnitureFittingsToolsEquipment 2023-07-31 iso4217:GBP xbrli:pure

Registration number: 11451469

Edge Global Project Limited

Unaudited Financial Statements

for the Year Ended 31 July 2024

 

Edge Global Project Limited

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 4

 

Edge Global Project Limited

(Registration number: 11451469)
Balance Sheet as at 31 July 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

4,859

5,284

Current assets

 

Debtors

5

5,755

25,777

Cash at bank and in hand

 

93,752

64,915

 

99,507

90,692

Creditors: Amounts falling due within one year

6

(60,946)

(65,326)

Net current assets

 

38,561

25,366

Net assets

 

43,420

30,650

Capital and reserves

 

Called up share capital

1

1

Retained earnings

43,419

30,649

Shareholders' funds

 

43,420

30,650

For the financial year ending 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 28 February 2025
 

.........................................
Mr S Edge
Director

 

Edge Global Project Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
18 Woodvale Road
West Derby
Liverpool
L12 0PE
UK

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

Edge Global Project Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2024

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Office equipment

25% reducing balance basis

Computer equipment

33.33% straight-line method

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

4

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

At 1 August 2023

9,086

9,086

Additions

1,713

1,713

At 31 July 2024

10,799

10,799

Depreciation

At 1 August 2023

3,802

3,802

Charge for the year

2,138

2,138

At 31 July 2024

5,940

5,940

Carrying amount

At 31 July 2024

4,859

4,859

At 31 July 2023

5,284

5,284

 

Edge Global Project Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2024

5

Debtors

Current

2024
£

2023
£

Trade debtors

5,075

22,725

Other debtors

680

3,052

 

5,755

25,777

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Taxation and social security

16,709

25,202

Accruals and deferred income

2,100

3,018

Other creditors

42,137

37,106

60,946

65,326