Registration number: 06836299

Sedge Estate Agents Limited

Contents

Balance Sheet	1
Notes to the Unaudited Financial Statements	2 to 8

Sedge Estate Agents Limited

(Registration number: 06836299)
Balance Sheet as at 28 February 2026

	Note	2026 £	2025 £
Fixed Assets
Tangible Assets	6	3,976	10,217
Current assets
Debtors	7	60,917	86,182
Cash at bank and in hand		153,561	55,749
		214,478	141,931
Creditors: Amounts falling due within one year	8	(104,835)	(64,808)
Net current assets		109,643	77,123
Total assets less current liabilities		113,619	87,340
Creditors: Amounts falling due after more than one year	8	(17,620)	(22,742)
Net assets		95,999	64,598
Capital and Reserves
Called up share capital	9	100	100
Retained Earnings		95,899	64,498
Shareholders' funds		95,999	64,598

For the financial year ending 28 February 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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 directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 15 October 2026
 

......................................... Mr A J Spencer Director

Sedge Estate Agents Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 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:
Unit 1
11 The Crescent
Spalding
Lincolnshire
PE11 1AE

These financial statements were authorised for issue by the director on 15 October 2026.

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.

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 sales/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 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.

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.

Sedge Estate Agents Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026 (continued)

2	Accounting policies (continued)

Tangible Assets

Tangible Assets are stated in the balance sheet 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	20% straight line
Motor vehicles	20% straight line

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Goodwill	50% straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade Debtors

Trade Debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade Debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade Creditors

Trade Creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade Creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Sedge Estate Agents Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026 (continued)

2	Accounting policies (continued)

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 profit and loss account 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.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 5 (2025 - 5).

Sedge Estate Agents Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026 (continued)

4	Profit before tax

Arrived at after charging/(crediting)

	2026 £	2025 £
Depreciation expense	8,116	7,246

5	Intangible assets

	Goodwill  £	Total £
Cost or valuation
At 1 March 2025	17,500	17,500
At 28 February 2026	17,500	17,500
Amortisation
At 1 March 2025	17,500	17,500
At 28 February 2026	17,500	17,500
Carrying amount
At 28 February 2026	-	-

6	Tangible Assets

	Fixtures and fittings £	Motor vehicles  £	Total £
Cost or valuation
At 1 March 2025	11,974	13,536	25,510
Additions	1,875	-	1,875
At 28 February 2026	13,849	13,536	27,385
Depreciation
At 1 March 2025	9,193	6,100	15,293
Charge for the year	1,348	6,768	8,116
At 28 February 2026	10,541	12,868	23,409
Carrying amount
At 28 February 2026	3,308	668	3,976
At 28 February 2025	2,781	7,436	10,217

Sedge Estate Agents Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026 (continued)

7

Debtors

Current	Note	2026 £	2025 £
Trade Debtors		4,354	2,091
Amounts owed by related parties	11	912	912
Prepayments		6,700	6,700
Other debtors		48,951	76,479
		60,917	86,182

Sedge Estate Agents Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026 (continued)

8

Creditors

Creditors: amounts falling due within one year

	Note	2026 £	2025 £
Due within one year
Loans and borrowings	10	8,721	2,667
Trade Creditors		17,114	6,693
Taxation and social security		35,340	21,410
Other creditors		43,660	34,038
		104,835	64,808

Creditors: amounts falling due after more than one year

	Note	2026 £	2025 £
Due after one year
Loans and borrowings	10	17,620	22,742

9	Share capital

Allotted, called up and fully paid shares

	2026		2025
	No.	£	No.	£
Ordinary of £1 each	100	100	100	100

10	Loans and borrowings

Non-current loans and borrowings

	2026 £	2025 £
Bank borrowings	17,620	22,742

Current loans and borrowings

	2026 £	2025 £
Bank overdrafts	8,721	2,667

Sedge Estate Agents Limited

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2026 (continued)

11	Related party transactions

Transactions with the director

2026	At 1 March 2025 £	Advances to director £	Repayments by director £	At 28 February 2026 £
Mr P S Coupland
Mr PS Coupland	17,595	400	17,595	400

2025	At 1 March 2024 £	Advances to director £	Repayments by director £	At 28 February 2025 £
Mr P S Coupland
Mr PS Coupland	(6,082)	24,489	812	17,595