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Registered number: 06161461
Edwards News Limited
Unaudited Financial Statements
For The Year Ended 30 June 2025
Bradburn & Co Accountants Ltd
19 Alton Road
Oxton
Wirral
CH43 6UB
Edwards News Limited
Contents
Contents

| Page
--- | ---
Statement of Financial Position | 1—2
Notes to the Financial Statements | 3—5

Page 1
Edwards News Limited
Statement of Financial Position
As At 30 June 2025
Statement of Financial Position
Registered number: 06161461

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 5 |  | 185,239 |  | 206,471
|  |  | 185,239 |  | 206,471
CURRENT ASSETS
Stocks | 6 | 61,805 |  | 53,565 |
Debtors | 7 | 3,349 |  | 3,594 |
Cash at bank and in hand |  | 8,674 |  | 13,063 |
|  | 73,828 |  | 70,222 |
Creditors: Amounts Falling Due Within One Year | 8 | (138,589 ) |  | (149,261 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (64,761 ) |  | (79,039 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 120,478 |  | 127,432
Creditors: Amounts Falling Due After More Than One Year | 9 |  | (22,889 ) |  | (28,594 )
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (4,690 ) |  | (7,600 )
NET ASSETS |  |  | 92,899 |  | 91,238
CAPITAL AND RESERVES
Called up share capital | 10 |  | 100 |  | 100
Income Statement |  |  | 92,799 |  | 91,138
SHAREHOLDERS' FUNDS |  |  | 92,899 |  | 91,238

Page 1
Page 2
Edwards News Limited
Statement of Financial Position (continued)
As At 30 June 2025
For the year ending 30 June 2025 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 directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.
On behalf of the board

Mr John Edwards Director
30/01/2026

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Edwards News Limited
Notes to the Financial Statements
For The Year Ended 30 June 2025
Notes to the Financial Statements
1. General Information
Edwards News Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06161461 . The registered office is 23-25 Rose Mount, Prenton, Merseyside, CH43 5SG.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
2.2. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over ten years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold | No depreciation
Motor Vehicles | 25% reducing balance
Fixtures & Fittings | 10% reducing balance

2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the income statement so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the income statement as incurred.
2.6. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.7. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
...CONTINUED
Page 3
Page 4
Edwards News Limited
Notes to the Financial Statements (continued)
For The Year Ended 30 June 2025
2.7. Taxation - continued
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 11 (2024: 12)
11 12
4. Intangible Assets

| Goodwill
--- | ---
| £
Cost
As at 1 July 2024 | 138,300
As at 30 June 2025 | 138,300
Amortisation
As at 1 July 2024 | 138,300
As at 30 June 2025 | 138,300
Net Book Value
As at 30 June 2025 | -
As at 1 July 2024 | -

5. Tangible Assets

| Land & Property
--- | ---
| Leasehold | Motor Vehicles | Fixtures & Fittings | Total
| £ | £ | £ | £
Cost
As at 1 July 2024 | 42,880 | 41,695 | 290,547 | 375,122
Additions | - | - | 666 | 666
Disposals | - | - | (50,000 ) | (50,000 )
As at 30 June 2025 | 42,880 | 41,695 | 241,213 | 325,788
Depreciation
As at 1 July 2024 | - | 10,424 | 158,227 | 168,651
Provided during the period | - | 7,818 | 14,080 | 21,898
Disposals | - | - | (50,000 ) | (50,000 )
As at 30 June 2025 | - | 18,242 | 122,307 | 140,549
Net Book Value
As at 30 June 2025 | 42,880 | 23,453 | 118,906 | 185,239
As at 1 July 2024 | 42,880 | 31,271 | 132,320 | 206,471

6. Stocks

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Finished goods | 61,805 |  | 53,565

Page 4
Page 5
Edwards News Limited
Notes to the Financial Statements (continued)
For The Year Ended 30 June 2025
7. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 2,349 |  | 2,594
Other debtors | 1,000 |  | 1,000
| 3,349 |  | 3,594

8. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Net obligations under finance lease and hire purchase contracts | - |  | 19,409
Trade creditors | 71,215 |  | 49,755
Bank loans and overdrafts | 5,600 |  | 65,394
Corporation tax | 1,224 |  | (252 )
Other taxes and social security | 5,689 |  | 3,783
VAT | 852 |  | 8,303
Other creditors | 1,639 |  | 443
Other creditors (2) | (18,890 ) |  | 1,965
Directors' loan accounts | 71,260 |  | 461
| 138,589 |  | 149,261

9. Creditors: Amounts Falling Due After More Than One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans | 22,889 |  | 28,594

10. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 100 |  | 100

11. Directors Advances, Credits and Guarantees
Dividends paid to directors

| 2025 | 2024
--- | --- | ---
| £ | £
Mr John Edwards | 500 | 27,000
Mrs Kirsten Edwards | 500 | 27,000

12. Ultimate Controlling Party
The company's ultimate controlling party is Mr & Mrs J Edwards by virtue of their ownership of 100% of the issued share capital in the company.
Page 5