REGISTERED NUMBER: 08797693 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

EDISON NETWORKS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

C Callaway

REGISTERED OFFICE:

Suite 1B

Quadrant House North

65 Croydon Road

Caterham

Surrey

CR3 6PB

REGISTERED NUMBER:

08797693 (England and Wales)

ACCOUNTANTS:

Upton Neenan Lees

Chartered Accountants

Suite 1B

Quadrant House North

65 Croydon Road

Caterham

Surrey

CR3 6PB

FIXED ASSETS

Tangible assets

4

11,017

2,604

CURRENT ASSETS

Debtors

5

6,683

29,281

Cash at bank

-

7,241

6,683

36,522

CREDITORS

Amounts falling due within one year

6

(70,375

)

(107,581

)

NET CURRENT LIABILITIES

(63,692

)

(71,059

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(52,675

)

(68,455

)

CREDITORS

Amounts falling due after more than one year

7

(224,875

)

(210,347

)

NET LIABILITIES

(277,550

)

(278,802

)

CAPITAL AND RESERVES

Called up share capital

20,001

20,001

Retained earnings

(297,551

)

(298,803

)

(277,550

)

(278,802

)

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 director acknowledges his 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 director and authorised for issue on 20 October 2025 and were signed by:

C Callaway - Director

1.	STATUTORY INFORMATION

Edison Networks 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 as modified by the revaluation of certain 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.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences have been fully amortised in the current year.

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 etc

-

25% on cost

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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST OR VALUATION

At 1 January 2024

203,953

Additions

8,413

Disposals

(171,258

)

Revaluations

2,604

At 31 December 2024

43,712

DEPRECIATION

At 1 January 2024

201,349

Eliminated on disposal

(168,654

)

At 31 December 2024

32,695

NET BOOK VALUE

At 31 December 2024

11,017

At 31 December 2023

2,604

Cost or valuation at 31 December 2024 is represented by:

Plant and

machinery

etc

£

Valuation in 2023

2,604

Cost

41,108

43,712

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

6,683

25,281

Other debtors

-

4,000

6,683

29,281

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

8,794

5,802

Trade creditors

6,049

22,251

Taxation and social security

3,074

5,215

Other creditors

52,458

74,313

70,375

107,581

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans

27,825

32,892

Other creditors

197,050

177,455

224,875

210,347