REGISTERED NUMBER: 05868898 (England and Wales)

Strategic Report, Report of the Directors and

Financial Statements for the Year Ended 31 August 2025

for

Edge Retail Limited

Page

Company Information

1

Strategic Report

2

Report of the Directors

3

Report of the Independent Auditors

4

Statement of Comprehensive Income

8

Balance Sheet

9

Statement of Changes in Equity

10

Cash Flow Statement

11

Notes to the Cash Flow Statement

12

Notes to the Financial Statements

13

DIRECTORS:

G A Quirke

C K Wick

S P Shields

REGISTERED OFFICE:

Park House

37 Clarence Street

Leicester

LE1 3RW

BUSINESS ADDRESS:

83 Grace Road

Leicester

Leicestershire

LE2 8AE

REGISTERED NUMBER:

05868898 (England and Wales)

AUDITORS:

Duncan & Toplis Audit Limited

Statutory Auditor

Park House

37 Clarence Street

Leicester

Leicestershire

LE1 3RW

The directors present their strategic report for the year ended 31 August 2025.

REVIEW OF BUSINESS

Turnover decreased from £12,124,564 to £11,685,786 in the year with operating profit decreasing from £1,485,437 to £1,393,959. The directors are pleased with these results despite the small decrease in turnover this year.

PRINCIPAL RISKS AND UNCERTAINTIES

The company's operations expose it to a variety of financial risks, outlined in more detail below. The company has several risk management strategies in place that aim to reduce the adverse effects on the financial performance of the company by monitoring levels of a number of financial costs.

Price Risk

The company can be exposed to increases in material and supplier costs as tenders can be sent up to six months before a project contract is awarded. The company aims to ensure that tenders take any anticipated price increases into account.

Credit Risk

The company continues to monitor and review policies surrounding credit checks on both new and existing customers when looking at offering credit limits and reviewing payment terms. The company has no bad debts and has a good relationship with all its customers which ensures prompt payment.

Interest Rate Risk

The company finances its operations primarily through retained profits, and also has access to bank borrowings if required.

Other Risks

As a contractor, the company is dependent on retaining the loyalty of both its customers and its suppliers. For customers this is addressed by maintaining a constant focus on customer service and quality.

The company manages supplier risk via its relationship with its suppliers. Communication and liaison takes place on a regular basis to ensure that these relationships remain strong.

It remains the company's intention to continue to operate the business so it will be well-placed to take advantage of appropriate commercial opportunities in the foreseeable future.

KEY PERFORMANCE INDICATORS

The directors use a number of performance indicators to evaluate the company's performance, the key ones being turnover, gross profit and profit before tax. These numbers are detailed on page 8. Gross profit and overhead percentage are tracked on a quarterly basis and compared to the annual budgets and prior year. Project margins are tracked on a monthly basis ensuring that each project is profitable.

ON BEHALF OF THE BOARD:

C K Wick - Director

19 May 2026

The directors present their report with the financial statements of the company for the year ended 31 August 2025.

DIVIDENDS

Dividends of £549,300 (2024: £659,200) were paid during the year.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 September 2024 to the date of this report.

G A Quirke

C K Wick

S P Shields

STATEMENT OF DIRECTORS' RESPONSIBILITIES

The directors are responsible for preparing the Strategic Report, the Report of the Directors and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to:

-	select suitable accounting policies and then apply them consistently;

-	make judgements and accounting estimates that are reasonable and prudent;

-	prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS

So far as the directors are aware, there is no relevant audit information (as defined by Section 418 of the Companies Act 2006) of which the company's auditors are unaware, and each director has taken all the steps that he ought to have taken as a director in order to make himself aware of any relevant audit information and to establish that the company's auditors are aware of that information.

ON BEHALF OF THE BOARD:

C K Wick - Director

19 May 2026

Opinion

We have audited the financial statements of Edge Retail Limited (the 'company') for the year ended 31 August 2025 which comprise the Statement of Comprehensive Income, Balance Sheet, Statement of Changes in Equity, Cash Flow Statement and Notes to the Cash Flow Statement, Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

-	give a true and fair view of the state of the company's affairs as at 31 August 2025 and of its profit for the year then ended;

-	have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

-	have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other information

The directors are responsible for the other information. The other information comprises the information in the Strategic Report and the Report of the Directors, but does not include the financial statements and our Report of the Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

-	the information given in the Strategic Report and the Report of the Directors for the financial year for which the financial statements are prepared is consistent with the financial statements; and

-	the Strategic Report and the Report of the Directors have been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic Report or the Report of the Directors.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:

-	adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or

-	the financial statements are not in agreement with the accounting records and returns; or

-	certain disclosures of directors' remuneration specified by law are not made; or

-	we have not received all the information and explanations we require for our audit.

Responsibilities of directors

As explained more fully in the Statement of Directors' Responsibilities set out on page three, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

Auditors' responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Extent to which the audit was considered capable of detecting irregularities, including fraud

The capability to detect irregularities is based on the auditor identifying and assessing the risks of material misstatement of the financial statements, whether due to fraud or error, and then designing and performing audit procedures responsive to those risks, including obtaining audit evidence that is sufficient and appropriate to provide a basis for our opinion.

a) Identifying and assessing potential risks related to irregularities

In identifying and assessing risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, the following approach was taken:

-

Understanding the nature of the industry and sector, control environment and business performance;

-

Consideration of the results of our enquiries of management and those charged with governance about their own identification and assessment of the risks of irregularities;

-

Understanding the company's policies and procedures on compliance with laws and regulations and management of fraud risk, including documentation of instances of non-compliance of laws and regulations and instances of actual, suspected or alleged fraud;

-

Consideration of matters discussed among the audit engagement team regarding how and where fraud might occur in the financial statements and any potential indicators of fraud;

-

Understanding the legal and regulatory frameworks that the company operates in through enquiry of management and those charged with governance and understanding the company's industry and sector. The key laws and regulations that were considered to have an effect on material amounts and disclosures in the financial statements included the Companies Act and tax legislation.

b) Audit response to risks identified

Based on this understanding, the following audit procedures were designed and performed to respond to the risks identified:

-

Reviewing the financial statement disclosures and testing to supporting documentation to assess compliance with applicable laws and regulations described as having a direct effect on the financial statement;

-

Enquiring of management, those charged with governance and, where applicable, the company's solicitors concerning actual and potential litigation and claims;

-

Performing analytical procedures to identify any unusual or unexpected relationships that may indicate risks of material misstatement due to fraud;

-

Reviewing minutes of meetings of those charged with governance and, where applicable, correspondence with regulators;

-

Performing audit work over the risk of management override of controls, including testing of journal entries and other adjustments for appropriateness and evaluating the business rationale of significant transactions outside the normal course of business;

-

Communication of potential fraud risks to all engagement team members and remaining alert to any indications of fraud or non-compliance with laws and regulations throughout the audit.

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Auditors.

Other matters

In the prior year the directors took advantage of section 477 of the Companies Act 2006 for the financial statements not to be audited. As a result the comparatives shown in these financial statements are not audited.

Use of our report

This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in a Report of the Auditors and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Peter Morris FCA (Senior Statutory Auditor)

for and on behalf of Duncan & Toplis Audit Limited

Statutory Auditor

Park House

37 Clarence Street

Leicester

Leicestershire

LE1 3RW

21 May 2026

TURNOVER

3

11,685,786

12,124,564

Cost of sales

(6,897,108

)

(7,139,064

)

GROSS PROFIT

4,788,678

4,985,500

Distribution costs

(440,573

)

(452,076

)

Administrative expenses

(2,976,053

)

(3,067,417

)

1,372,052

1,466,007

Other operating income

21,908

19,430

OPERATING PROFIT

5

1,393,960

1,485,437

Interest receivable and similar income

6,813

6,493

1,400,773

1,491,930

Interest payable and similar expenses

6

(36,888

)

(31,299

)

PROFIT BEFORE TAXATION

1,363,885

1,460,631

Tax on profit

7

(345,182

)

(364,568

)

PROFIT FOR THE FINANCIAL YEAR

1,018,703

1,096,063

OTHER COMPREHENSIVE INCOME

-

-

TOTAL COMPREHENSIVE INCOME FOR THE YEAR

1,018,703

1,096,063

FIXED ASSETS

Tangible assets

9

336,829

407,306

CURRENT ASSETS

Stocks

10

71,536

175,775

Debtors

11

4,812,314

3,499,032

Cash at bank and in hand

1,288,419

1,830,871

6,172,269

5,505,678

CREDITORS

Amounts falling due within one year

12

(3,071,973

)

(2,855,969

)

NET CURRENT ASSETS

3,100,296

2,649,709

TOTAL ASSETS LESS CURRENT LIABILITIES

3,437,125

3,057,015

CREDITORS

Amounts falling due after more than one year

13

(51,630

)

(124,080

)

PROVISIONS FOR LIABILITIES

17

(72,079

)

(88,922

)

NET ASSETS

3,313,416

2,844,013

CAPITAL AND RESERVES

Called up share capital

18

30

30

Retained earnings

19

3,313,386

2,843,983

SHAREHOLDERS' FUNDS

3,313,416

2,844,013

The financial statements were approved by the Board of Directors and authorised for issue on 19 May 2026 and were signed on its behalf by:

C K Wick - Director

Called up

share

Retained

Total

capital

earnings

equity

£

£

£

Balance at 1 September 2023

30

2,407,120

2,407,150

Changes in equity

Dividends

-

(659,200

)

(659,200

)

Total comprehensive income

-

1,096,063

1,096,063

Balance at 31 August 2024

30

2,843,983

2,844,013

Changes in equity

Dividends

-

(549,300

)

(549,300

)

Total comprehensive income

-

1,018,703

1,018,703

Balance at 31 August 2025

30

3,313,386

3,313,416

Cash flows from operating activities

Cash generated from operations

1

553,912

1,766,494

Interest paid

(22,268

)

(12,828

)

Interest element of hire purchase payments paid

(14,620

)

(18,471

)

Tax paid

(350,321

)

(197,771

)

Net cash from operating activities

166,703

1,537,424

Cash flows from investing activities

Purchase of tangible fixed assets

(29,509

)

(39,302

)

Sale of tangible fixed assets

-

20,000

Interest received

6,813

6,493

Net cash from investing activities

(22,696

)

(12,809

)

Cash flows from financing activities

Loan repayments in year

(45,273

)

(40,197

)

Capital repayments in year

(97,766

)

(50,389

)

Amount withdrawn by directors

5,880

(229

)

Equity dividends paid

(549,300

)

(659,200

)

Net cash from financing activities

(686,459

)

(750,015

)

(Decrease)/increase in cash and cash equivalents

(542,452

)

774,600

Cash and cash equivalents at beginning of year

2

1,830,871

1,056,271

Cash and cash equivalents at end of year

2

1,288,419

1,830,871

1.	RECONCILIATION OF PROFIT BEFORE TAXATION TO CASH GENERATED FROM OPERATIONS

31.8.25

31.8.24

£

£

Profit before taxation

1,363,885

1,460,631

Depreciation charges

92,458

110,860

Loss/(profit) on disposal of fixed assets

7,528

(13,482

)

Finance costs

36,888

31,299

Finance income

(6,813

)

(6,493

)

1,493,946

1,582,815

Decrease in stocks

104,239

236,871

Increase in trade and other debtors

(1,313,282

)

(461,627

)

Increase in trade and other creditors

269,009

408,435

Cash generated from operations

553,912

1,766,494

2.	CASH AND CASH EQUIVALENTS

The amounts disclosed on the Cash Flow Statement in respect of cash and cash equivalents are in respect of these Balance Sheet amounts:

Year ended 31 August 2025

31.8.25

1.9.24

£

£

Cash and cash equivalents

1,288,419

1,830,871

Year ended 31 August 2024

31.8.24

1.9.23

£

£

Cash and cash equivalents

1,830,871

1,056,271

3.	ANALYSIS OF CHANGES IN NET FUNDS

At 1.9.24

Cash flow

At 31.8.25

£

£

£

Net cash

Cash at bank and in hand

1,830,871

(542,452

)

1,288,419

1,830,871

(542,452

)

1,288,419

Debt

Finance leases

(200,825

)

97,766

(103,059

)

Debts falling due within 1 year

(45,273

)

7,546

(37,727

)

Debts falling due after 1 year

(37,727

)

37,727

-

(283,825

)

143,039

(140,786

)

Total

1,547,046

(399,413

)

1,147,633

1.	STATUTORY INFORMATION

Edge Retail Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Critical accounting judgements and key sources of estimation uncertainty

The preparation of financial statements requires the company's directors to make judgements, assumptions and estimates that affect the application of accounting policies and the reported amounts of assets, liabilities, income and expenses. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on a regular basis.

The company does not have any key assumptions concerning the future, or other key sources of estimation uncertainty in the reporting period that may have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.

Turnover

Turnover comprises revenue recognised in respect of goods and services supplied, on a short-term and long-term basis during the year, exclusive of Value Added Tax and trade discounts.

In the case of long-term contracts, turnover reflects the contract activity during the year and represents the proportion of total contract value which costs incurred to date bear to total contract costs.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Improvements to property

-

5% on cost

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

The expected useful lives of assets are reviewed and adjusted, if appropriate, at the end of each

reporting period. The effect of any change is accounted for prospectively.

Stocks

In determining stock provisions, future demand and selling price is evaluated and appropriate provisions are made to reflect the risk of obsolescence and impairment in carrying value. The provisioning policy is in place to ensure that the carrying value of stock recognised in the financial statements is the lower of cost and estimated selling price less costs to complete and sell, in accordance with stated accounting policy.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Comprehensive Income, 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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

Government grants

Government grants received in relation to expenditure are credited when the expenditure is incurred to the profit and loss.

3.

TURNOVER

The turnover and profit before taxation are attributable to the one principal activity of the company.

4.	EMPLOYEES AND DIRECTORS

31.8.25

31.8.24

£

£

Wages and salaries

1,808,277

1,680,763

Social security costs

209,893

177,093

Other pension costs

93,623

265,833

2,111,793

2,123,689

The average number of employees during the year was as follows:

31.8.25

31.8.24

Directors

3

3

Production

42

39

45

42

31.8.25

31.8.24

£

£

Directors' remuneration

58,495

37,692

Directors' pension contributions to money purchase schemes

18,000

198,000

The number of directors to whom retirement benefits were accruing was as follows:

Money purchase schemes

3

3

5.	OPERATING PROFIT

The operating profit is stated after charging/(crediting):

31.8.25

31.8.24

£

£

Other operating leases

184,295

180,373

Depreciation - owned assets

46,991

50,237

Depreciation - assets on hire purchase contracts

45,467

60,623

Loss/(profit) on disposal of fixed assets

7,528

(13,482

)

Auditors' remuneration

15,000

-

6.

INTEREST PAYABLE AND SIMILAR EXPENSES

31.8.25

31.8.24

£

£

Bank loan interest

4,141

12,828

Other interest

18,127

-

Hire purchase

14,620

18,471

36,888

31,299

7.

TAXATION

Analysis of the tax charge

The tax charge on the profit for the year was as follows:

31.8.25

31.8.24

£

£

Current tax:

UK corporation tax

362,025

368,741

Deferred tax

(16,843

)

(4,173

)

Tax on profit

345,182

364,568

Reconciliation of total tax charge included in profit and loss

The tax assessed for the year is higher than the standard rate of corporation tax in the UK. The difference is explained below:

31.8.25

31.8.24

£

£

Profit before tax

1,363,885

1,460,631

Profit multiplied by the standard rate of corporation tax in the UK of 25% (2024 - 25%)

340,971

365,158

Effects of:

Expenses not deductible for tax purposes

4,211

(590

)

Total tax charge

345,182

364,568

8.

DIVIDENDS

31.8.25

31.8.24

£

£

Interim

549,300

659,200

9.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 September 2024

70,557

135,212

138,229

Additions

-

1,831

12,121

Disposals

-

-

-

At 31 August 2025

70,557

137,043

150,350

DEPRECIATION

At 1 September 2024

11,942

61,595

75,144

Charge for year

3,528

15,090

11,281

Eliminated on disposal

-

-

-

At 31 August 2025

15,470

76,685

86,425

NET BOOK VALUE

At 31 August 2025

55,087

60,358

63,925

At 31 August 2024

58,615

73,617

63,085