Registration number: 03315945

Edge Of The World Limited

(Registration number: 03315945)
Statement of Financial Position as at 31 January 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	4	825,713	908,817
Current assets
Debtors	5	734,711	651,035
Cash at bank and in hand		339,327	156,450
		1,074,038	807,485
Creditors: Amounts falling due within one year	6	(583,488)	(465,342)
Net current assets		490,550	342,143
Total assets less current liabilities		1,316,263	1,250,960
Creditors: Amounts falling due after more than one year	6	(125,359)	(235,548)
Provisions for liabilities		(167,346)	(189,856)
Net assets		1,023,558	825,556
Capital and reserves
Called up share capital		100	100
Profit and loss account		1,023,458	825,456
Shareholders' funds		1,023,558	825,556

For the financial year ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Edge Of The World Limited

(Registration number: 03315945)
Statement of Financial Position as at 31 January 2026

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Income Statement.

Approved and authorised by the director on 30 March 2026
 

......................................... Mr A S North Director

Edge Of The World Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is: Merchant House, Market Square, Kirby Lonsdale, Cumbria, LA6 2AN, United Kingdom.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts.

The company recognises revenue when the amount of revenue can be reliably measured, it is probable that future economic benefits will flow to the entity and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Edge Of The World Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Fixtures and Fittings	25% on the reducing balance or straight line over the initial lease period
Motor Vehicles	33% on the reducing balance

Amortisation

Asset class	Amortisation method and rate
Goodwill	Straight Line over 5 years

Stocks

Stocks are stated at the lower of cost and estimated selling price.

Trade debtors

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

Edge Of The World Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

Cash and cash equivalents

Cash is represented by cash in hand and bank deposits.

Trade creditors

Short term creditors are measured at the transaction price.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the income statement over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Provisions

Provisions are recognised when the company has an obligation at the reporting date as a result of a past event, it is probable that the company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

Employee benefits

Short-term employee benefits are recognised as an expense in the period which they are incurred.

Financial instruments

The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties and loans to related parties.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 50 (2025 - 50).

Edge Of The World Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

4	Tangible assets

	Land and buildings £	Fixtures and fittings £	Motor vehicles  £	Total £
Cost or valuation
At 1 February 2025	110,000	1,741,654	12,435	1,864,089
Additions	-	112,854	-	112,854
At 31 January 2026	110,000	1,854,508	12,435	1,976,943
Depreciation
At 1 February 2025	2,400	940,902	11,970	955,272
Charge for the year	400	195,403	155	195,958
At 31 January 2026	2,800	1,136,305	12,125	1,151,230
Carrying amount
At 31 January 2026	107,200	718,203	310	825,713
At 31 January 2025	107,600	800,752	465	908,817

Included within the net book value of land and buildings above is £107,200 (2025 - £107,600) in respect of freehold land and buildings.
 

5

Debtors

	Note	2026 £	2025 £
Trade debtors		77,957	90,536

Edge Of The World Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

	Note	2026 £	2025 £
Amounts owed by group undertakings and undertakings in which the company has a participating interest		500,970	511,996
Prepayments		155,784	48,253
Other debtors		-	250
		734,711	651,035
Less non-current portion		(500,000)	(500,000)
		234,711	151,035

Details of non-current trade and other debtors

£500,000 (2025 -£500,000) of Amounts owed by related parties is classified as non current.

Edge Of The World Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

6

Creditors

Creditors: amounts falling due within one year

	Note	2026 £	2025 £
Bank loans and overdrafts	7	60,000	60,000
Trade creditors		57,862	79,970
Taxation and social security		241,686	17,252
Accruals and deferred income		15,867	23,708
Other creditors		208,073	284,412
		583,488	465,342

Creditors: amounts falling due after more than one year

	Note	2026 £	2025 £
Loans and borrowings	7	125,359	235,548

7	Loans and borrowings

Non-current loans and borrowings

	2026 £	2025 £
Bank borrowings	25,019	85,039
Other borrowings	100,340	150,509
	125,359	235,548

Edge Of The World Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

Current loans and borrowings

	2026 £	2025 £
Bank borrowings	60,000	60,000