Company Registration No. 06308444 (England and Wales)
Edge Signs Limited
Abbreviated unaudited accounts
for the year ended 30 September 2015
Edge Signs Limited
Abbreviated Balance Sheet
as at
30 September 2015
Tangible assets
13,753
13,925
Cash at bank and in hand
62,166
19,759
Creditors: amounts falling due within one year
(103,202)
(66,795)
Net current assets
64,532
30,458
Total assets less current liabilities
78,285
44,383
Provisions for liabilities
(2,751)
(2,925)
Called up share capital
2
2
Profit and loss account
75,532
41,456
Total shareholders' funds
75,534
41,458
For the year ending 30 September 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2008).
Approved by the board on 26 May 2016
Les Edge
Director
Company Registration No. 06308444
Edge Signs Limited
Notes to the Abbreviated Accounts
for the year ended 30 September 2015
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Stocks and work-in-progress are valued at the lower of cost and net realisable value.
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 accounts. 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 average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
2
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
At 1 October 2014
26,701
19,290
45,991
At 30 September 2015
30,353
19,290
49,643
At 1 October 2014
16,743
15,323
32,066
Charge for the year
2,829
995
3,824
At 30 September 2015
19,572
16,318
35,890
At 30 September 2015
10,781
2,972
13,753
At 30 September 2014
9,958
3,967
13,925
3
Share capital
2015
2014
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2