Company Registration No. 10461340 (England and Wales)
Retail Edge Ltd
Unaudited accounts
for the year ended 30 November 2024
Retail Edge Ltd
Unaudited accounts
Contents
Retail Edge Ltd
Company Information
for the year ended 30 November 2024
Company Number
10461340 (England and Wales)
Registered Office
37 Hamilton Road
Cockfosters
Barnet
EN4 9HD
England
Accountants
S G Accountancy (UK) Ltd
COLLEGE GREEN
STATION ROAD
Crymych
Pembrokeshire
SA41 3RL
Retail Edge Ltd
Statement of financial position
as at 30 November 2024
Tangible assets
8,100,000
6,086,968
Inventories
119,005
119,005
Cash at bank and in hand
6,537
11,232
Creditors: amounts falling due within one year
(410,886)
(567,377)
Net current liabilities
(114,415)
(279,990)
Total assets less current liabilities
7,985,585
5,806,978
Creditors: amounts falling due after more than one year
(5,880,842)
(3,850,637)
Provisions for liabilities
Net assets
2,158,673
1,956,341
Called up share capital
8
8
Share premium
1,500,000
1,500,000
Revaluation reserve
208,055
-
Profit and loss account
450,610
456,333
Shareholders' funds
2,158,673
1,956,341
For the year ending 30 November 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
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 and authorised for issue on 28 August 2025 and were signed on its behalf by
Selina Goyal
Director
Company Registration No. 10461340
Retail Edge Ltd
Notes to the Accounts
for the year ended 30 November 2024
Retail Edge Ltd is a private company, limited by shares, registered in England and Wales, registration number 10461340. The registered office is 37 Hamilton Road, Cockfosters, Barnet, EN4 9HD, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At valuation
At cost
At cost
At cost
At 1 December 2023
4,756,182
1,303,106
12,505
32,293
6,104,086
Additions
-
1,814,578
-
-
1,814,578
Revaluations
208,055
-
-
-
208,055
At 30 November 2024
4,964,237
3,117,684
12,505
32,293
8,126,719
At 1 December 2023
-
3,574
5,471
8,073
17,118
Charge for the year
-
1,787
1,759
6,055
9,601
At 30 November 2024
-
5,361
7,230
14,128
26,719
At 30 November 2024
4,964,237
3,112,323
5,275
18,165
8,100,000
At 30 November 2023
4,756,182
1,299,532
7,034
24,220
6,086,968
Amounts falling due within one year
Trade debtors
178,352
164,576
Accrued income and prepayments
(7,426)
(7,426)
Retail Edge Ltd
Notes to the Accounts
for the year ended 30 November 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
22,241
17,345
Trade creditors
290,773
376,452
Taxes and social security
43,101
24,996
Loans from directors
(26,943)
31,812
7
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
5,398,458
3,425,043
Loans from directors
482,384
425,594
8
Average number of employees
During the year the average number of employees was 3 (2023: 3).