Company No: 06687377 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2026		2025
		£		£
Fixed assets
Tangible assets	3	11,315		14,269
		11,315		14,269
Current assets
Stocks	4	17,500		19,500
Debtors	5	1,677		13,684
Cash at bank and in hand		37,581		10,786
		56,758		43,970
Creditors: amounts falling due within one year	6	( 37,028)		( 21,702)
Net current assets		19,730		22,268
Total assets less current liabilities		31,045		36,537
Provision for liabilities		( 3,567)		( 3,567)
Net assets		27,478		32,970
Capital and reserves
Called-up share capital		225		225
Profit and loss account		27,253		32,745
Total shareholders' funds		27,478		32,970

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.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• 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; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of EDZ Limited (registered number: 06687377) were approved and authorised for issue by the Board of Directors on 21 October 2026. They were signed on its behalf by:

Mr G M Reid Director

Mrs P A Reid Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

EDZ Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 24 Netherton Road, Weymouth, DT4 8SB, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer. Turnover from the sale of goods is recognised when the goods are physically delivered to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date. Tax is recognised in the profit and loss account, 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.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date that are expected to apply when the timing differences reverse. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit. Deferred tax liabilities are presented within provisions for liabilities on the balance sheet.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery	15 % reducing balance
Fixtures and fittings	15 % reducing balance
Other property, plant and equipment	5 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost. 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.

2. Employees

	2026		2025
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	8		8

3. Tangible assets

	Plant and machinery		Fixtures and fittings		Other property, plant and equipment		Total
	£		£		£		£
Cost
At 01 February 2025	38,334		26,043		5,000		69,377
At 31 January 2026	38,334		26,043		5,000		69,377
Accumulated depreciation
At 01 February 2025	28,541		22,817		3,750		55,108
Charge for the financial year	1,469		484		1,000		2,953
Rounding	0		1		0		1
At 31 January 2026	30,010		23,302		4,750		58,062
Net book value
At 31 January 2026	8,324		2,741		250		11,315
At 31 January 2025	9,793		3,226		1,250		14,269

4. Stocks

	2026		2025
	£		£
Stocks	17,500		19,500

5. Debtors

	2026		2025
	£		£
Other debtors	1,677		13,684

6. Creditors: amounts falling due within one year

	2026		2025
	£		£
Taxation and social security	2,914		680
Other creditors	34,114		21,022
	37,028		21,702

7. Related party transactions

Other related party transactions

The Directors loan account with Mr G M & Mrs P A Reid is repayable on demand and interest is charged on overdrawn balances exceeding £10,000 at the official HMRC rates.

At 1 February 2025, the balance owed by Mr G M & Mrs P A Reid was £12,675. During the year, £17,456 was advanced and £30,130 was repaid. At 31 January 2026, the balance owed by Mr G M & Mrs P A Reid was £nil.

At 1 February 2024, the balance owed by Mr G M & Mrs P A Reid was £nil. During the year, £34,525 was advanced and £21,850 was repaid. At 31 January 2025, the balance owed by Mr G M & Mrs P A Reid was £12,675.