Robert Edge Limited - Accounts to registrar (filleted) - small 23.1.2
Robert Edge Limited - Accounts to registrar (filleted) - small 23.1.2
REGISTERED NUMBER: |
ROBERT EDGE LIMITED |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 9 SEPTEMBER 2022 |
ROBERT EDGE LIMITED (REGISTERED NUMBER: 01383872) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 9 SEPTEMBER 2022 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
ROBERT EDGE LIMITED |
COMPANY INFORMATION |
FOR THE YEAR ENDED 9 SEPTEMBER 2022 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
35/37 Kingsway |
Kirkby in Ashfield |
Nottinghamshire |
NG17 7DR |
ROBERT EDGE LIMITED (REGISTERED NUMBER: 01383872) |
BALANCE SHEET |
9 SEPTEMBER 2022 |
2022 | 2021 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Stocks |
Debtors | 5 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
PROVISIONS FOR LIABILITIES |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
SHAREHOLDERS' FUNDS |
The director acknowledges his responsibilities for: |
(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
ROBERT EDGE LIMITED (REGISTERED NUMBER: 01383872) |
BALANCE SHEET - continued |
9 SEPTEMBER 2022 |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the director and authorised for issue on |
ROBERT EDGE LIMITED (REGISTERED NUMBER: 01383872) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 9 SEPTEMBER 2022 |
1. | STATUTORY INFORMATION |
Robert Edge Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
As previously reported the business was able to re-open to the public in May 2021 and since then has been able to trade continually without restrictions, as nationally, the effects of the Covid 19 pandemic have become more manageable. As a result the turnover and profit for the current year is considerably higher than that for the previous year and the Director firmly believes that these higher turnover levels will be maintained and that the business can continue to trade profitably for the foreseeable future. |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
Tangible fixed assets |
Land and buildings | - |
Plant and machinery etc | - |
Stocks |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
Taxation |
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
Current or deferred taxation assets and liabilities are not discounted. |
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. |
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. |
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. |
Pension costs and other post-retirement benefits |
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate. |
ROBERT EDGE LIMITED (REGISTERED NUMBER: 01383872) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE YEAR ENDED 9 SEPTEMBER 2022 |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
4. | TANGIBLE FIXED ASSETS |
Plant and |
Land and | machinery |
buildings | etc | Totals |
£ | £ | £ |
COST |
At 10 September 2021 |
Additions |
At 9 September 2022 |
DEPRECIATION |
At 10 September 2021 |
Charge for year |
At 9 September 2022 |
NET BOOK VALUE |
At 9 September 2022 |
At 9 September 2021 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2022 | 2021 |
£ | £ |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2022 | 2021 |
£ | £ |
Trade creditors |
Taxation and social security |
Other creditors |
7. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
Director G R Edge has a loan with the company which will be repaid to the company by 31/03/2023. The amount outstanding at 09/09/2022 was £19,444 (2021 £1,239). |