Company Registration No. 06679431 (England and Wales)
Edge Consulting (UK) Limited
Unaudited accounts
for the year ended 31 August 2017
Edge Consulting (UK) Limited
Unaudited accounts
Contents
Edge Consulting (UK) Limited
Company Information
for the year ended 31 August 2017
Company Number
06679431 (England and Wales)
Registered Office
2 Statham Court
Statham Street
Macclesfield
Cheshire
SK11 6XN
Accountants
Batesons Management Services Ltd
2 Statham Court
Statham Street
Macclesfield
Cheshire
SK11 6XN
Edge Consulting (UK) Limited
Statement of financial position
as at
31 August 2017
Tangible assets
1,095
1,288
Cash at bank and in hand
34,072
11,298
Creditors: amounts falling due within one year
(23,248)
(16,146)
Net current assets
33,604
11,875
Total assets less current liabilities
34,699
13,163
Creditors: amounts falling due after more than one year
(78)
(100)
Provisions for liabilities
Called up share capital
1,000
1,000
Profit and loss account
33,413
11,805
Shareholders' funds
34,413
12,805
For the year ending 31 August 2017 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 director acknowledges his 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.
Approved by the Board on 10 May 2018.
Mr Mark Kaschek
Director
Company Registration No. 06679431
Edge Consulting (UK) Limited
Notes to the Accounts
for the year ended 31 August 2017
Edge Consulting (UK) Limited is a private company, limited by shares, registered in England and Wales, registration number 06679431. The registered office is 2 Statham Court, Statham Street, Macclesfield, Cheshire, SK11 6XN.
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.
These financial statements for the year ended 31 August 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 September 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
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 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
15% reducing balance basis
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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.
Deferred tax assets and liabilities are not discounted.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Edge Consulting (UK) Limited
Notes to the Accounts
for the year ended 31 August 2017
4
Tangible fixed assets
Plant & machinery
Cost or valuation
At cost
At 1 September 2016
3,163
At 1 September 2016
1,875
Trade debtors
22,780
16,723
6
Creditors: amounts falling due within one year
2017
2016
Taxes and social security
22,890
15,687
7
Creditors: amounts falling due after more than one year
2017
2016
8
Deferred taxation
2017
2016
Accelerated capital allowances
208
258
Provision at start of year
258
303
Credited to the profit and loss account
(50)
(45)
Provision at end of year
208
258
9
Share capital
2017
2016
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000
1,000
Edge Consulting (UK) Limited
Notes to the Accounts
for the year ended 31 August 2017
10
Transactions with related parties
Dividends Paid to Directors
Dividends paid to directors in their capacity as shareholders during the year included £35,500 (2016 £32,500) to M Kaschek.
11
Average number of employees
During the year the average number of employees was 1 (2016: 1).