REGISTERED NUMBER: 06526961 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 August 2025

for

Edlounge Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

S J Warnes

SECRETARY:

Mrs J Warnes

REGISTERED OFFICE:

Aston House Campbell Way

Dinnington

Sheffield

S25 3QD

REGISTERED NUMBER:

06526961 (England and Wales)

ACCOUNTANTS:

Parkins Accountants Ltd

T/A, Parkins, Chartered Accountants

Moor Park House

Bawtry Rd

Wickersley

Rotherham

South Yorkshire

S66 2BL

FIXED ASSETS

Tangible assets

4

412,000

412,000

Investment property

5

414,052

-

826,052

412,000

CURRENT ASSETS

Debtors

6

352,152

352,152

Cash at bank

6,825

489,928

358,977

842,080

CREDITORS

Amounts falling due within one year

7

924,457

990,048

NET CURRENT LIABILITIES

(565,480

)

(147,968

)

TOTAL ASSETS LESS CURRENT LIABILITIES

260,572

264,032

CREDITORS

Amounts falling due after more than one year

8

147,947

117,956

NET ASSETS

112,625

146,076

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

112,525

145,976

112,625

146,076

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 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 26 May 2026 and were signed by:

S J Warnes - Director

1.	STATUTORY INFORMATION

Edlounge 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - NIL ) .

4.	TANGIBLE FIXED ASSETS

Land and

buildings

£

COST

At 1 September 2024

and 31 August 2025

412,000

NET BOOK VALUE

At 31 August 2025

412,000

At 31 August 2024

412,000

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

Additions

414,052

At 31 August 2025

414,052

NET BOOK VALUE

At 31 August 2025

414,052

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

79,296

79,296

Other debtors

272,856

272,856

352,152

352,152

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

18,056

26,511

Trade creditors

6,307

15

Taxation and social security

12,609

13,461

Other creditors

887,485

950,061

924,457

990,048

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

147,947

117,956

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

79,891

-