REGISTERED NUMBER: 08471485 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

EDGE ELECTRICAL SOLUTIONS (SW) LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr D R Madge

Mr S R Wood

REGISTERED OFFICE:

60 Nut Bush Lane

Torquay

Devon

TQ2 6SD

REGISTERED NUMBER:

08471485 (England and Wales)

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

3,589

2,398

3,589

2,398

CURRENT ASSETS

Debtors

6

23,126

31,823

Cash at bank

111,421

61,737

134,547

93,560

CREDITORS

Amounts falling due within one year

7

75,851

67,068

NET CURRENT ASSETS

58,696

26,492

TOTAL ASSETS LESS CURRENT LIABILITIES

62,285

28,890

PROVISIONS FOR LIABILITIES

682

-

NET ASSETS

61,603

28,890

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

61,503

28,790

61,603

28,890

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 September 2025 and were signed on its behalf by:

Mr D R Madge - Director

Mr S R Wood - Director

1.	STATUTORY INFORMATION

Edge Electrical Solutions (SW) Ltd 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.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of four years.

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% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

4,999

AMORTISATION

At 1 April 2024

and 31 March 2025

4,999

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2024

5,607

1

4,154

9,762

Additions

275

-

2,235

2,510

At 31 March 2025

5,882

1

6,389

12,272

DEPRECIATION

At 1 April 2024

4,270

-

3,094

7,364

Charge for year

322

-

997

1,319

At 31 March 2025

4,592

-

4,091

8,683

NET BOOK VALUE

At 31 March 2025

1,290

1

2,298

3,589

At 31 March 2024

1,337

1

1,060

2,398

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

9,492

15,688

Other debtors

13,634

16,135

23,126

31,823

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

3,363

11,018

Tax

33,066

18,335

VAT

5,370

8,860

Directors' current accounts

33,903

28,711

Accrued expenses

149

144

75,851

67,068

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

Mr D R Madge

Balance outstanding at start of year

(14,376

)

(4,696

)

Amounts advanced

45,239

36,800

Amounts repaid

(47,912

)

(46,480

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(17,049

)

(14,376

)

Mr S R Wood

Balance outstanding at start of year

(14,335

)

(4,773

)

Amounts advanced

45,434

36,920

Amounts repaid

(47,953

)

(46,482

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(16,854

)

(14,335

)

Loans interest free and repayable on demand.

9.	RELATED PARTY DISCLOSURES

During the year, total dividends of £70,060 (2024 - £67,200) were paid to the directors .