Edgecumbe Securities Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 00564677 (England and Wales)

Unaudited Financial Statements

for the Period 6 April 2024 to 31 March 2025

for

EDGECUMBE SECURITIES LIMITED

Page

Company Information

1

Chartered Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

5

DIRECTORS:

J K Lewis

E K Muggridge

SECRETARY:

E K Muggridge

REGISTERED OFFICE:

First Floor Southfield House

Southfield Road

Westbury on Trym

Bristol

BS9 3BH

REGISTERED NUMBER:

00564677 (England and Wales)

ACCOUNTANTS:

Gravita

Chartered Accountants

6-8 Bath Street

Bristol

BS1 6HL

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Edgecumbe Securities Limited for the year ended 31 March 2025 which comprise the Profit and Loss account, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the directors of Edgecumbe Securities Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Edgecumbe Securities Limited and state those matters that we have agreed to state to the directors of Edgecumbe Securities Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Edgecumbe Securities Limited and its directors for our work or for this report.

It is your duty to ensure that Edgecumbe Securities Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Edgecumbe Securities Limited. You consider that Edgecumbe Securities Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Edgecumbe Securities Limited. For this reason, we do not express any opinion on the statutory financial statements.

Gravita

Chartered Accountants

6-8 Bath Street

Bristol

BS1 6HL

14 November 2025

FIXED ASSETS

Tangible assets

4

132

164

CURRENT ASSETS

Debtors

5

2,073,649

2,083,274

Cash at bank

1,969,358

1,778,448

4,043,007

3,861,722

CREDITORS

Amounts falling due within one year

6

(79,423

)

(63,407

)

NET CURRENT ASSETS

3,963,584

3,798,315

TOTAL ASSETS LESS CURRENT
LIABILITIES

3,963,716

3,798,479

CAPITAL AND RESERVES

Called up share capital

7

279,500

Share premium

1,811,907

Retained earnings

1,872,309

1,707,072

SHAREHOLDERS' FUNDS

3,963,716

3,798,479

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 November 2025 and were signed on its behalf by:

J K Lewis - Director

1.	COMPANY INFORMATION

Edgecumbe Securities 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.

The principal activities of the company in the year under review were those of credit granting and management of real estate on a fee or contract basis.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" ("FRS 102") and the requirements of the Companies Act 2006.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared on the historical cost convention. The principal accounting policies adopted are set out below.

Turnover

Turnover represents interest receivable from the provision of hire purchase and finance facilities and property management fees. Interest is calculated on a monthly basis and invoiced up to the period end date. Property management fees are invoiced annually and allocated to the periods to which they relate.

Tangible fixed assets

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

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

33% on cost

Cash and cash equivalents

Cash and cash equivalents 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 current liabilities.

Financial instruments

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments. Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Financial assets

Basic financial assets, which include trade and other debtors, amounts due from group undertakings and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost. Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or are settled, or when the company transfers the financial asset and substantially all the risks and rewards of ownership to another entity, or if some significant risks and rewards of ownership are retained but control of the asset has transferred to another party that is able to sell the asset in its entirety to an unrelated third party.

Financial liabilities

Basic financial liabilities, including trade and other creditors and amounts due to group undertakings are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Financial liabilities are derecognised when, and only when, the company's contractual obligations are discharged, cancelled, or they expire.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

COST

At 6 April 2024

and 31 March 2025

1,310

929

2,239

DEPRECIATION

At 6 April 2024

1,155

920

2,075

Charge for period

23

9

32

At 31 March 2025

1,178

929

2,107

NET BOOK VALUE

At 31 March 2025

132

-

132

At 5 April 2024

155

9

164

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

1,954,641

2,021,237

Other debtors

70,055

59,232

Directors' current accounts

-

2,700

Prepayments and accrued income

48,953

105

2,073,649

2,083,274

Included within trade debtors is a balance of £1,764,634 (2024: £1,823,296) which is due in more than one year.

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade creditors

1,410

451

Corporation tax

50,377

45,580

Other creditors

12,000

12,756

Accruals and deferred income

15,636

4,620

79,423

63,407

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

262,500

Ordinary

£1

262,500

12,000

10% Preference

£1

12,000

5,000

Ordinary A

£1

5,000

279,500

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 31 March 2025 and the year ended 5 April 2024:

2025

2024

£

J K Lewis

Balance outstanding at start of period

2,700

1,300

Amounts advanced

-

1,400

Amounts repaid

(2,700

)

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of period

-

2,700

The director loans are interest free and have no fixed date for repayment.