Company Registration No. 11466432 (England and Wales)
EDTICO LTD
Unaudited accounts
for the year ended 31 July 2020
EDTICO LTD
Unaudited accounts
Contents
EDTICO LTD
Company Information
for the year ended 31 July 2020
Company Number
11466432 (England and Wales)
Registered Office
56 PARK AVENUE NORTH
NORTHAMPTON
NN3 2JE
UNITED KINGDOM
EDTICO LTD
Statement of financial position
as at 31 July 2020
Tangible assets
26,327
37,026
Cash at bank and in hand
2,309
773
Creditors: amounts falling due within one year
(38,632)
(42,234)
Net current liabilities
(35,965)
(41,159)
Net liabilities
(9,638)
(4,133)
Called up share capital
1
1
Profit and loss account
(9,639)
(4,134)
Shareholders' funds
(9,638)
(4,133)
For the year ending 31 July 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 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.
The financial statements were approved by the Board and authorised for issue on 27 April 2021 and were signed on its behalf by
E J Hall
Director
Company Registration No. 11466432
EDTICO LTD
Notes to the Accounts
for the year ended 31 July 2020
EDTICO LTD is a private company, limited by shares, registered in England and Wales, registration number 11466432. The registered office is 56 PARK AVENUE NORTH, NORTHAMPTON, NN3 2JE, UNITED KINGDOM.
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 August 2019
9,061
32,397
41,458
Disposals
(2,900)
-
(2,900)
At 31 July 2020
6,641
32,397
39,038
At 1 August 2019
819
3,613
4,432
Charge for the year
1,976
7,196
9,172
At 31 July 2020
1,902
10,809
12,711
At 31 July 2020
4,739
21,588
26,327
At 31 July 2019
8,242
28,784
37,026
5
Creditors: amounts falling due within one year
2020
2019
Loans from directors
38,632
42,234
EDTICO LTD
Notes to the Accounts
for the year ended 31 July 2020
6
Average number of employees
During the year the average number of employees was 1 (2019: 1).
