ACCOUNTS - Final Accounts preparation

Registered number: 14711002

EDGWARE BUSINESS IMPROVEMENT DISTRICT LIMITED

(A Company Limited by Guarantee)

UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

EDGWARE BUSINESS IMPROVEMENT DISTRICT LIMITED

(A Company Limited by Guarantee)

REGISTERED NUMBER: 14711002

STATEMENT OF FINANCIAL POSITION

AS AT 31 AUGUST 2025

		2025		2024
Note		£		£


Current assets
Debtors: amounts falling due within one year	3	44,923		8,097
Cash at bank and in hand	4	71,228		51,795
		116,151		59,892
Creditors: amounts falling due within one year	5	(116,151)		(59,892)
Net current assets			-		-
Total assets less current liabilities			-		-

Net assets			-		-

Capital and reserves
	-	-

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EDGWARE BUSINESS IMPROVEMENT DISTRICT LIMITED

(A Company Limited by Guarantee)

REGISTERED NUMBER: 14711002

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 AUGUST 2025

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 29 May 2026.

S H Wayne

Director

The notes on pages 3 to 4 form part of these financial statements.

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EDGWARE BUSINESS IMPROVEMENT DISTRICT LIMITED

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

1.	General information

Edgware Business Improvement District Limited is a private company limited by guarantee without share capital and registered in England & Wales. The address of its principal place of business is 1 Woodbridge Road, Ipswich, England, IP4 2EA.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

2.3

Debtors

Short-term debtors are measured at transaction price, less any impairment.

2.4

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

2.5

Creditors

Short-term creditors are measured at the transaction price.

Debtors

					2025	2024
					£	£

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EDGWARE BUSINESS IMPROVEMENT DISTRICT LIMITED

(A Company Limited by Guarantee)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

3.Debtors (continued)

Trade debtors	43,766	-
Other debtors	-	3,312
Prepayments and accrued income	1,157	4,785
	44,923	8,097

4.	Cash and cash equivalents
		2025	2024
		£	£

Cash at bank and in hand	71,228	51,795
	71,228	51,795

5.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Trade creditors	4,800	-
Other taxation and social security	16,842	-
Accruals and deferred income	94,509	59,892
	116,151	59,892


6.	Company status

The company is a private company limited by guarantee and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.

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