Company Registration No. 07080608 (England and Wales)
EDSONIC LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2019
PAGES FOR FILING WITH REGISTRAR
EDSONIC LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 4
EDSONIC LIMITED
BALANCE SHEET
AS AT 31 MARCH 2019
31 March 2019
- 1 -
2019
2018
Notes
£
£
£
£
Fixed assets
Tangible assets
3
1,143
1,524
Current assets
Debtors
4
13,350
10,066
Cash at bank and in hand
15,420
9,162
28,770
19,228
Creditors: amounts falling due within one year
5
(20,665)
(19,635)
Net current assets/(liabilities)
8,105
(407)
Total assets less current liabilities
9,248
1,117
Capital and reserves
Called up share capital
6
101
101
Profit and loss reserves
9,147
1,016
Total equity
9,248
1,117
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
For the financial year ended 31 March 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and signed by the director and authorised for issue on 12 December 2019
Mr J Edmondson
Director
Company Registration No. 07080608
EDSONIC LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2019
- 2 -
1
Accounting policies
Company information
Edsonic Limited is a private company limited by shares incorporated in England and Wales. The registered office is 140 Buckingham Palace Road, London, SW1W 9SA.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
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 £.
1.2
Turnover
Turnover represents amounts receivable for services net of VAT and trade discounts.
1.3
Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Computer equipment
25% reducing balance method
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was 2 (2018 - 2).
EDSONIC LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2019
- 3 -
3
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 April 2018 and 31 March 2019
3,855
Depreciation and impairment
At 1 April 2018
2,331
Depreciation charged in the year
381
At 31 March 2019
2,712
Carrying amount
At 31 March 2019
1,143
At 31 March 2018
1,524
4
Debtors
2019
2018
Amounts falling due within one year:
£
£
Trade debtors
13,350
6,800
Other debtors
-
3,266
13,350
10,066
5
Creditors: amounts falling due within one year
2019
2018
£
£
Corporation tax
13,721
13,820
Other taxation and social security
5,287
5,722
Other creditors
1,657
93
20,665
19,635
6
Called up share capital
2019
2018
£
£
Ordinary share capital
Issued and fully paid
100 "A" Ordinary Shares of £1 each
100
100
1 "B" Ordinary Shares of £1 each
1
1
101
101
EDSONIC LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2019
6
Called up share capital
2019
2018
£
£
(Continued)
- 4 -
2019-03-312018-04-01falseCCH SoftwareCCH Accounts Production 2019.301No description of principal activityJ EdmondsonMagus Secretaries Limited070806082018-04-012019-03-31070806082019-03-31070806082018-03-3107080608core:OtherPropertyPlantEquipment2019-03-3107080608core:OtherPropertyPlantEquipment2018-03-3107080608core:CurrentFinancialInstrumentscore:WithinOneYear2019-03-3107080608core:CurrentFinancialInstrumentscore:WithinOneYear2018-03-3107080608core:CurrentFinancialInstruments2019-03-3107080608core:CurrentFinancialInstruments2018-03-3107080608core:ShareCapital2019-03-3107080608core:ShareCapital2018-03-3107080608core:RetainedEarningsAccumulatedLosses2019-03-3107080608core:RetainedEarningsAccumulatedLosses2018-03-3107080608core:ShareCapitalOrdinaryShares2019-03-3107080608core:ShareCapitalOrdinaryShares2018-03-3107080608bus:Director12018-04-012019-03-3107080608core:ComputerEquipment2018-04-012019-03-3107080608core:OtherPropertyPlantEquipment2018-03-3107080608core:OtherPropertyPlantEquipment2018-04-012019-03-3107080608core:WithinOneYear2018-03-3107080608bus:PrivateLimitedCompanyLtd2018-04-012019-03-3107080608bus:SmallCompaniesRegimeForAccounts2018-04-012019-03-3107080608bus:FRS1022018-04-012019-03-3107080608bus:AuditExempt-NoAccountantsReport2018-04-012019-03-3107080608bus:CompanySecretary12018-04-012019-03-3107080608bus:FullAccounts2018-04-012019-03-31xbrli:purexbrli:sharesiso4217:GBP
