Company Registration No. 06308444 (England and Wales)
Edge Signs Limited
Unaudited accounts
for the year ended 30 September 2020
Edge Signs Limited
Unaudited accounts
Contents
Edge Signs Limited
Company Information
for the year ended 30 September 2020
Directors
Tim Edge
Les Edge
Company Number
06308444 (England and Wales)
Registered Office
UNIT 10
BEAUMONT BUSINESS CENTRE, BEAUMONT CLOSE
BANBURY
OXFORDSHIRE
OX16 1TN
England
Accountants
E Kounting Limited
Fenny Compton
Southam
Warwickshire
Edge Signs Limited
Statement of financial position
as at
30 September 2020
Tangible assets
29,382
35,575
Cash at bank and in hand
267,317
173,628
Creditors: amounts falling due within one year
(87,423)
(96,684)
Net current assets
261,331
233,318
Total assets less current liabilities
290,713
268,893
Provisions for liabilities
Deferred tax
(5,583)
(6,847)
Net assets
285,130
262,046
Called up share capital
101
100
Profit and loss account
285,029
261,946
Shareholders' funds
285,130
262,046
For the year ending 30 September 2020 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 18 January 2021 and were signed on its behalf by
Les Edge
Director
Company Registration No. 06308444
Edge Signs Limited
Notes to the Accounts
for the year ended 30 September 2020
Edge Signs Limited is a private company, limited by shares, registered in England and Wales, registration number 06308444. The registered office is UNIT 10, BEAUMONT BUSINESS CENTRE, BEAUMONT CLOSE, BANBURY, OXFORDSHIRE, OX16 1TN, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. 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
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 October 2019
61,167
43,837
105,004
At 30 September 2020
62,184
43,837
106,021
At 1 October 2019
45,197
24,232
69,429
Charge for the year
3,944
3,676
7,620
On disposals
(410)
-
(410)
At 30 September 2020
48,731
27,908
76,639
At 30 September 2020
13,453
15,929
29,382
At 30 September 2019
15,970
19,605
35,575
Edge Signs Limited
Notes to the Accounts
for the year ended 30 September 2020
Trade debtors
78,809
150,680
Accrued income and prepayments
1,628
4,596
6
Creditors: amounts falling due within one year
2020
2019
Trade creditors
7,346
10,914
Taxes and social security
51,751
71,544
Loans from directors
27,476
12,321
7
Share capital
2020
2019
Allotted, called up and fully paid:
99 Ordinary shares of £1 each
99
99
2 Ordinary C shares of £1 each
2
1
Shares issued during the period:
1 Ordinary C shares of £1 each
1
8
Average number of employees
During the year the average number of employees was 6 (2019: 5).