REGISTERED NUMBER: 11974232 (England and Wales)

Unaudited Financial Statements for the Year Ended 31st October 2025

for

Edgem Properties Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Ms G V Blackwood

Mr E S Giddins

SECRETARY:

REGISTERED OFFICE:

153 Mortimer Street

Herne Bay

CT6 5HA

REGISTERED NUMBER:

11974232 (England and Wales)

ACCOUNTANTS:

Richmond Barnes Limited

Bayspace

153 Mortimer Street

Herne Bay

Kent

CT6 5HA

FIXED ASSETS

Tangible assets

4

1,466,689

1,467,567

CURRENT ASSETS

Debtors

5

136,535

212,053

Cash at bank

806

4,847

137,341

216,900

CREDITORS

Amounts falling due within one year

6

23,107

87,791

NET CURRENT ASSETS

114,234

129,109

TOTAL ASSETS LESS CURRENT LIABILITIES

1,580,923

1,596,676

CREDITORS

Amounts falling due after more than one year

7

1,484,381

1,477,306

NET ASSETS

96,542

119,370

CAPITAL AND RESERVES

Called up share capital

300

300

Retained earnings

96,242

119,070

96,542

119,370

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st October 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31st October 2026 and were signed on its behalf by:

Mr E S Giddins - Director

Ms G V Blackwood - Director

1.	STATUTORY INFORMATION

Edgem Properties Ltd 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1st November 2024

1,438,731

42,013

1,480,744

Additions

1,400

-

1,400

At 31st October 2025

1,440,131

42,013

1,482,144

DEPRECIATION

At 1st November 2024

-

13,177

13,177

Charge for year

-

2,278

2,278

At 31st October 2025

-

15,455

15,455

NET BOOK VALUE

At 31st October 2025

1,440,131

26,558

1,466,689

At 31st October 2024

1,438,731

28,836

1,467,567

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Trade debtors

-

96,873

Other debtors

136,535

115,180

136,535

212,053

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

£

Payments in advance

-

50,300

Trade creditors

4,875

4,876

Taxation and social security

13,892

28,995

Other creditors

4,340

3,620

23,107

87,791

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.10.25

31.10.24

£

£

Bank loans

5,333

13,333

Other creditors

1,479,048

1,463,973

1,484,381

1,477,306