Company Registration No. 10618020 (England and Wales)
EDGE HEALTH LTD
Unaudited accounts
for the year ended 28 February 2022
EDGE HEALTH LTD
Company Information
for the year ended 28 February 2022
Directors
George Octavius William Batchelor
Robert Edward Bramley-Harker
Company Number
10618020 (England and Wales)
Registered Office
Suites 1-3, The Hop Exchange
24 Southwark Street
London
SE1 1TY
England
Accountants
Accounts and Legal Consultants Limited
Suite 1-3
The Hop Exchange
24 Southwark Street
London
SE1 1TY
EDGE HEALTH LTD
Accountants' report
Accountants' report to the board of directors of EDGE HEALTH LTD on the preparation of the unaudited statutory accounts for the year ended 28 February 2022
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
EDGE HEALTH LTD for the year ended
28 February 2022 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of EDGE HEALTH LTD, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of EDGE HEALTH LTD and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than EDGE HEALTH LTD and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that EDGE HEALTH LTD has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of EDGE HEALTH LTD. You consider that EDGE HEALTH LTD is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of EDGE HEALTH LTD. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Accounts and Legal Consultants Limited
Suite 1-3
The Hop Exchange
24 Southwark Street
London
SE1 1TY
30 September 2022
EDGE HEALTH LTD
Statement of financial position
as at 28 February 2022
Tangible assets
66,984
66,192
Cash at bank and in hand
1,119,023
815,512
Creditors: amounts falling due within one year
(603,622)
(286,903)
Net current assets
1,595,336
824,677
Total assets less current liabilities
1,662,320
890,869
Provisions for liabilities
Deferred tax
(28,355)
(12,670)
Net assets
1,633,965
878,199
Called up share capital
420
420
Profit and loss account
1,633,545
877,779
Shareholders' funds
1,633,965
878,199
For the year ending 28 February 2022 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 29 November 2022 and were signed on its behalf by
Robert Edward Bramley-Harker
Director
Company Registration No. 10618020
EDGE HEALTH LTD
Notes to the Accounts
for the year ended 28 February 2022
EDGE HEALTH LTD is a private company, limited by shares, registered in England and Wales, registration number 10618020. The registered office is Suites 1-3, The Hop Exchange, 24 Southwark Street, London, SE1 1TY, 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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax, other sales taxes and work in progress.
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:
Motor vehicles
20% Reducing Balance
Computer equipment
25% Straight-line
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.
Expenditure on research and development is written off in the year in which it is incurred.
EDGE HEALTH LTD
Notes to the Accounts
for the year ended 28 February 2022
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 March 2021
60,990
23,125
84,115
At 28 February 2022
60,990
40,213
101,203
At 1 March 2021
2,033
15,890
17,923
Charge for the year
11,791
4,505
16,296
At 28 February 2022
13,824
20,395
34,219
At 28 February 2022
47,166
19,818
66,984
At 28 February 2021
58,957
7,235
66,192
Amounts falling due within one year
Trade debtors
408,434
162,652
Accrued income and prepayments
656,919
127,416
Other debtors
14,582
6,000
6
Creditors: amounts falling due within one year
2022
2021
Trade creditors
57,298
1,696
Taxes and social security
234,976
153,099
Other creditors
3,490
31,280
7
Average number of employees
During the year the average number of employees was 17 (2021: 15).
