Company Registration No. 12594729 (England and Wales)
EDGE COIN PAYMENTS LTD
Unaudited accounts
for the period from 11 May 2020 to 31 May 2021
EDGE COIN PAYMENTS LTD
Unaudited accounts
Contents
EDGE COIN PAYMENTS LTD
Company Information
for the period from 11 May 2020 to 31 May 2021
Directors
Luke Arliss
Armon Rabiee
Company Number
12594729 (England and Wales)
Registered Office
42 THEOBALDS ROAD
HOLBORN
LONDON
WC1X 8NW
ENGLAND
Accountants
Kievan Accountants
42 Theobalds Road
Holborn
London
WC1X 8NW
EDGE COIN PAYMENTS LTD
Statement of financial position
as at
31 May 2021
Total assets less current liabilities
400,010
Creditors: amounts falling due after more than one year
(2,400,000)
Net liabilities
(1,999,990)
Called up share capital
10
Profit and loss account
(2,000,000)
Shareholders' funds
(1,999,990)
For the period ending 31 May 2021 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 8 February 2022 and were signed on its behalf by
Luke Arliss
Director
Company Registration No. 12594729
EDGE COIN PAYMENTS LTD
Notes to the Accounts
for the period from 11 May 2020 to 31 May 2021
EDGE COIN PAYMENTS LTD is a private company, limited by shares, registered in England and Wales, registration number 12594729. The registered office is 42 THEOBALDS ROAD, HOLBORN, LONDON, WC1X 8NW, 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 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:
Other tangible fixed assets
5 years, straight line
4
Tangible fixed assets
Plant & machinery
Cost or valuation
At cost
Charge for the period
100,000
5
Debtors: amounts falling due within one year
2021
6
Creditors: amounts falling due after more than one year
2021
Amounts owed to group undertakings and other participating interests
2,400,000
EDGE COIN PAYMENTS LTD
Notes to the Accounts
for the period from 11 May 2020 to 31 May 2021
7
Average number of employees
During the period the average number of employees was 0.