EDIMA HOLDINGS LIMITED

Company Registration Number:
05332076 (England and Wales)

Unaudited abridged accounts for the year ended 29 July 2024

Period of accounts

Start date: 30 July 2023

End date: 29 July 2024

EDIMA HOLDINGS LIMITED

Contents of the Financial Statements

for the Period Ended 29 July 2024

Balance sheet
Notes

EDIMA HOLDINGS LIMITED

Balance sheet

As at 29 July 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 397,933 434,570
Total fixed assets: 397,933 434,570
Current assets
Debtors:   956,602 779,252
Cash at bank and in hand: 197,132 235,001
Total current assets: 1,153,734 1,014,253
Creditors: amounts falling due within one year:   (1,389,049) (1,273,275)
Net current assets (liabilities): (235,315) (259,022)
Total assets less current liabilities: 162,618 175,548
Creditors: amounts falling due after more than one year:     (6,458)
Provision for liabilities: (75,607) (82,568)
Total net assets (liabilities): 87,011 86,522
Capital and reserves
Called up share capital: 10,000 10,000
Profit and loss account: 77,011 76,522
Shareholders funds: 87,011 86,522

The notes form part of these financial statements

EDIMA HOLDINGS LIMITED

Balance sheet statements

For the year ending 29 July 2024 the company was entitled to exemption 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 this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 29 April 2025
and signed on behalf of the board by:

Name: A LOUKA
Status: Director

The notes form part of these financial statements

EDIMA HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 29 July 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

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 and depreciation policy

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Plant and machinery at 10% on cost Fixtures and fittings at 20% on cost Motor vehicles at 20% on cost Computer equipment at 25% on cost

Other accounting policies

Financial instruments Financial assets and liabilities All financial assets and liabilities are recognised when the company becomes party to the contractual provisions of the instrument. Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all its liabilities. All financial assets and liabilities are initially measured at transaction price (including transaction costs), except for those financial assets classified as at fair value through the profit and loss account, which are initially measured at fair value unless the arrangement constitutes a financing transaction. If an arrangement constitutes a financing transaction, the financial asset or liability is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Financial assets and liabilities are only offset a the balance sheet date when, an only when there exists a legally enforceable right to set off the recognised amounts and the company intends either to settle on a net basis, or to realise the asset and settle the liability immediately. Debt instruments that have no stated interest rate are classified as payable or receivable within one year are initially measured at an undisclosed amount of the cash or other consideration expected to be paid or received, net of impairment. Other debt instruments not meeting these conditions are measured at fair value through the profit and loss account. Commitments to make or receive a loan which meet the conditions mentioned above are measured at cost less impairment. Financial assets derecognised when and only when the contractual rights to the cash flows for the financial asset expire or are settled, when the company transfers to another party substantially all the risks and rewards of ownership of the financial asset, or the company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party. Financial liabilities are derecognised only when the obligation specified in the contract is discharged, cancelled or expires. Impairment of assets Assets, other than those measured at fair value, are assessed for indicators of impairment at each balance sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the profit and loss account. For financial assets carried at amortised costs, the amount of an impairment is the difference between the asset's carrying amount and the present value of estimated future cash flows, discounted at the financial asset's original effective interest rate. For financial assets carried at cost less impairment, the impairment loss is the difference between the asset's carrying amount and the best estimate of the amount that would be received if it were to be sold at the reporting date. Where indicators of impairment exist for the decrease in impairment loss, and the decrease can be related objectively to an event occurring after the impairment was recognised, the prior impairment loss is tested to determine reversal. An impairment loss is reversed on an individual impaired financial asset to the extent that the revised recoverable value does not lead to a revised carrying amount higher than the carrying value had no impairment been recognised. Taxation Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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. Hire purchase and leasing commitments Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. 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.

EDIMA HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 29 July 2024

2. Employees

2024 2023
Average number of employees during the period 8 8

EDIMA HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 29 July 2024

3. Tangible Assets

Total
Cost £
At 30 July 2023 827,927
Additions 69,300
Disposals (19,150)
At 29 July 2024 878,077
Depreciation
At 30 July 2023 393,357
Charge for year 94,237
On disposals (7,450)
At 29 July 2024 480,144
Net book value
At 29 July 2024 397,933
At 29 July 2023 434,570