Edith & Elsie Productions Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 07557542

Edith & Elsie Productions Ltd

Filleted Unaudited Accounts

31 March 2025

Edith & Elsie Productions Ltd

Accounts

Year ended 31 March 2025

Contents	Page

Statement of financial position	1

Accounting policies	2

Notes to the accounts	4

Edith & Elsie Productions Ltd

Statement of Financial Position

31 March 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	4		516	91

Current assets

Cash at bank and in hand	43,137		39,381

Creditors: amounts falling due within one year	5	( 29,341)		( 27,464)
		--------		--------
Net current assets			13,796	11,917
			--------	--------
Total assets less current liabilities			14,312	12,008
			--------	--------
Net assets			14,312	12,008
			--------	--------

Capital and reserves

Called up share capital	100	100
Profit and loss account	14,212	11,908
	--------	--------
Shareholders funds	14,312	12,008
	--------	--------

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 Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476 ;

- The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts .

These accounts were approved by the board of directors and authorised for issue on 16 December 2025 , and are signed on behalf of the board by:

Ms R Palin
Director

Company registration number: 07557542

Edith & Elsie Productions Ltd

Accounting Policies

Year ended 31 March 2025

Basis of preparation

The accounts have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The accounts are prepared in sterling, which is the functional currency of the entity.

Disclosure exemptions

The entity satisfies the criteria of being a qualifying small entity as defined in FRS 102. As such, advantage has been taken of the following disclosure exemptions available under section 1A of FRS 102: (a) No cash flow statement has been presented for the company. (b) Disclosures in respect of financial instruments have not been presented. (c) No disclosure has been given for the aggregate remuneration of key management personnel.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of discounts and of Value Added Tax.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Equipment	-	25% straight line

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs.

Financial instruments

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 entity after deducting all of its financial liabilities.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

Edith & Elsie Productions Ltd

Notes to the Accounts

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 4 Northfield Court, Aldeburgh, Suffolk, IP15 5LU.

2. Statement of compliance

These accounts have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Employee numbers

The average number of persons employed by the company during the year amounted to 1 (2024: 1 ).

4. Tangible assets

	Equipment	Total
	£	£
Cost
At 1 April 2024	2,460	2,460
Additions	689	689
Disposals	( 2,460)	( 2,460)
	-------	-------
At 31 March 2025	689	689
	-------	-------
Depreciation
At 1 April 2024	2,369	2,369
Charge for the year	264	264
Disposals	( 2,460)	( 2,460)
	-------	-------
At 31 March 2025	173	173
	-------	-------
Carrying amount
At 31 March 2025	516	516
	-------	-------
At 31 March 2024	91	91
	-------	-------

5. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	–	1,980
Corporation tax	2,786	2,958
Social security and other taxes	1,135	464
Other creditors	25,420	22,062
	--------	--------
	29,341	27,464
	--------	--------