REGISTERED NUMBER: 07455863 (England and Wales)

F. EDMED & SONS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs K F Evans

Mr N F Edmed

Mr J G Edmed

Mr S F Edmed

REGISTERED OFFICE:

Street Farm

Chartway Street

East Sutton

MAIDSTONE

Kent

ME17 3DW

REGISTERED NUMBER:

07455863 (England and Wales)

ACCOUNTANTS:

McCabe Ford Williams

Chartered Accountants

Building 1063

Cornforth Drive

Kent Science Park

Sittingbourne

Kent

ME9 8PX

FIXED ASSETS

Tangible assets

5

230,395

376,844

Investments

6

-

-

230,395

376,844

CURRENT ASSETS

Stocks

5,250

5,850

Debtors

7

744,970

1,185,817

Cash at bank and in hand

3,188,472

2,471,417

3,938,692

3,663,084

CREDITORS

Amounts falling due within one year

8

1,998,773

1,885,449

NET CURRENT ASSETS

1,939,919

1,777,635

TOTAL ASSETS LESS CURRENT LIABILITIES

2,170,314

2,154,479

PROVISIONS FOR LIABILITIES

46,660

63,021

NET ASSETS

2,123,654

2,091,458

CAPITAL AND RESERVES

Called up share capital

9

700

700

Retained earnings

2,122,954

2,090,758

SHAREHOLDERS' FUNDS

2,123,654

2,091,458

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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 Board of Directors and authorised for issue on 16 September 2025 and were signed on its behalf by:

Mr N F Edmed - Director

1.	STATUTORY INFORMATION

F. Edmed & Sons Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Significant judgements and estimates

In the application of the company's accounting policies, management is required to make judgements, estimates and assumptions about the carrying value of assets and liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period to which the estimate is revised if the revision affects only that period or in the period of the revision and future periods if the revision affects both current and future periods. The key sources of estimation uncertainty that have a significant effect on the amounts recognised in the financial statements are the depreciation charges that are calculated with reference to the useful economic life of fixed assets.

Turnover

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

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

- 20% reducing balance

Motor vehicles

- 25% reducing balance

Computer equipment

- 25% reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

The company enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties and loans to related parties.

a) Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases, the receivables are stated at cost less impairment losses for bad and doubtful debts.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 21 (2023 - 21 ) .

5.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 January 2024

37,358

481,659

2,674

521,691

Disposals

-

(75,000

)

-

(75,000

)

At 31 December 2024

37,358

406,659

2,674

446,691

DEPRECIATION

At 1 January 2024

13,816

129,706

1,325

144,847

Charge for year

4,709

70,184

337

75,230

Eliminated on disposal

-

(3,781

)

-

(3,781

)

At 31 December 2024

18,525

196,109

1,662

216,296

NET BOOK VALUE

At 31 December 2024

18,833

210,550

1,012

230,395

At 31 December 2023

23,542

351,953

1,349

376,844

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 January 2024

400

Disposals

(400

)

At 31 December 2024

-

PROVISIONS

At 1 January 2024

400

Eliminated on disposal

(400

)

At 31 December 2024

-

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

-

During the year East Sutton Growers Limited was dissolved.

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

168,721

12,998

Other debtors

5,460

758,014

Prepayments and accrued income

570,789

414,805

744,970

1,185,817

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

22,936

10,784

Other taxes and PAYE taxes

20,797

18,283

VAT

14,567

15,743

Directors' Current Accounts

1,756,468

1,673,203

Accruals and deferred income

184,005

167,436

1,998,773

1,885,449

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

£

700

Ordinary

£1

700

700