REGISTERED NUMBER: 12349525 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

ED (HERTS) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

E Di Gesaro

REGISTERED OFFICE:

98/100 Fore Street

Hertford

SG14 1AB

REGISTERED NUMBER:

12349525 (England and Wales)

ACCOUNTANTS:

CP Waites

Chartered Accountants

24 St Cuthberts Way

Darlington

DL1 1GB

FIXED ASSETS

Intangible assets

4

80,000

100,000

Tangible assets

5

17,960

22,956

97,960

122,956

CURRENT ASSETS

Stocks

6,092

6,473

Debtors

6

12,211

5,589

Cash at bank and in hand

37,911

29,718

56,214

41,780

CREDITORS

Amounts falling due within one year

7

37,735

35,023

NET CURRENT ASSETS

18,479

6,757

TOTAL ASSETS LESS CURRENT LIABILITIES

116,439

129,713

CREDITORS

Amounts falling due after more than one year

8

(17,573

)

(21,093

)

PROVISIONS FOR LIABILITIES

11

(3,100

)

(3,900

)

NET ASSETS

95,766

104,720

CAPITAL AND RESERVES

Called up share capital

12

100

100

Retained earnings

95,666

104,620

SHAREHOLDERS' FUNDS

95,766

104,720

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 17 September 2026 and were signed by:

E Di Gesaro - Director

1.	STATUTORY INFORMATION

ED (Herts) 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.

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 represents net invoiced sales of goods and services, excluding value added tax.

Intangible fixed assets

Goodwill is being amortised in equal instalments over its estimated useful life of 10 years.

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.

Fixtures, fittings and equipment

-

10% on cost

Motor vehicles

-

25% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives.

The interest element of these obligations is charged to the 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

The company contributes to an auto enrolment pension scheme. Contributions paid are charged to the profit and loss account in the period to which they relate.

Grants

Grants in respect of revenue expenditure are credited to the profit and loss account in the period the related expenditure is incurred.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2024 - 9 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2025

and 31 December 2025

200,000

AMORTISATION

At 1 January 2025

100,000

Charge for year

20,000

At 31 December 2025

120,000

NET BOOK VALUE

At 31 December 2025

80,000

At 31 December 2024

100,000

5.	TANGIBLE FIXED ASSETS

Fixtures,

fittings

and

Motor

equipment

vehicles

Totals

£

£

£

COST

At 1 January 2025

23,281

29,695

52,976

Additions

691

-

691

At 31 December 2025

23,972

29,695

53,667

DEPRECIATION

At 1 January 2025

19,812

10,208

30,020

Charge for year

815

4,872

5,687

At 31 December 2025

20,627

15,080

35,707

NET BOOK VALUE

At 31 December 2025

3,345

14,615

17,960

At 31 December 2024

3,469

19,487

22,956

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 January 2025

and 31 December 2025

29,695

DEPRECIATION

At 1 January 2025

10,208

Charge for year

4,872

At 31 December 2025

15,080

NET BOOK VALUE

At 31 December 2025

14,615

At 31 December 2024

19,487

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Director's current account

8,611

2,553

Prepayments and accrued income

3,600

3,036

12,211

5,589

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts (see note 9)

3,522

2,744

Trade creditors

4,771

4,768

Corporation tax

8,196

9,002

Social security and other taxes

16,048

15,735

Accrued expenses

5,198

2,774

37,735

35,023

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts (see note 9)

17,573

21,093

9.	LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

2025

2024

£

£

Net obligations repayable:

Within one year

3,522

2,744

Between one and five years

17,573

21,093

21,095

23,837

10.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Hire purchase

21,095

23,837

The hire purchase debt is secured over the asset to which it relates

11.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

3,100

3,900

Deferred

tax

£

Balance at 1 January 2025

3,900

Movement

(800

)

Balance at 31 December 2025

3,100

Deferred tax has been fully provided and related to accelerated capital allowances.

12.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

50

A ordinary

1

50

50

50

B ordinary

1

50

50

100

100

13.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2025 and 31 December 2024:

2025

2024

£

£

E Di Gesaro

Balance outstanding at start of year

2,553

(26,330

)

Amounts advanced

18,862

43,265

Amounts repaid

(12,804

)

(14,382

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

8,611

2,553

The amount due to the company is repayable on demand with interest charged at the rate of 3.75% per annum.

14.	RELATED PARTY DISCLOSURES

During the year, rent of £30,000 (2024 - £30,000) was paid to the director for the use of premises which are owned by him.

£282 (2024 - £Nil) of interest was charged to the director in respect of his overdrawn director's loan account in the year.

15.	ULTIMATE CONTROLLING PARTY

Mr E Di Gesaro and his wife Mrs C Di Gesaro own the entire issued share capital of the company.