| Sisters Edge Limited |
| Notes to the Accounts |
| for the year ended 30 November 2025 |
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| 1 |
Accounting policies |
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Basis of preparation |
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These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. |
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Turnover |
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Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers. |
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Tangible fixed assets |
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Tangible fixed assets are measured at cost less cumulative depreciation and any cumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
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Plant and machinery |
20% straight line |
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Stocks |
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Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised. |
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Creditors |
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Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
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Taxation |
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A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. |
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Going concern |
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The company has net liabilities and is therefore dependent upon the continuing support of its creditors and director. On the basis that this support is expected to continue, the accounts have been drawn up on the going concern basis. |
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| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
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Average number of persons employed by the company |
4 |
|
4 |
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| 3 |
Tangible fixed assets |
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Plant and machinery etc |
| £ |
|
Cost |
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At 1 December 2024 |
5,128 |
|
Additions |
150 |
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At 30 November 2025 |
5,278 |
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Depreciation |
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At 1 December 2024 |
4,628 |
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Charge for the year |
296 |
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At 30 November 2025 |
4,924 |
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Net book value |
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At 30 November 2025 |
354 |
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At 30 November 2024 |
500 |
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| 4 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
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Bank loans and overdrafts |
2,000 |
|
6,000 |
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Trade creditors |
1,751 |
|
832 |
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Corporation tax |
2 |
|
2 |
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Other taxes and social security costs |
878 |
|
550 |
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Other creditors |
34,143 |
|
32,547 |
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|
38,774 |
|
39,931 |
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| 5 |
Other information |
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Sisters Edge Limited is a private company limited by shares and incorporated in England. Its registered office is: |
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2 Hinksey Court |
|
Church Way |
|
Botley |
|
Oxford |
|
OX2 9SX |