Eligo Edge Protection Ltd. - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 09858950 (England and Wales)

Eligo Edge Protection Ltd.

Unaudited Financial Statements

for the Year Ended 30 June 2020

Page

Company information

1

Balance sheet

2

Notes to the financial statements

4

Director:

M C L Morley

Registered office:

41 Tennyson Avenue

Twickenham

Middlesex

TW1 4QX

Registered number:

09858950 (England and Wales)

Accountants:

Warr & Co Limited

Chartered Accountants

Mynshull House

78 Churchgate

Stockport

Cheshire

SK1 1YJ

Fixed assets

Tangible assets

4

11,411

13,120

Current assets

Stocks

-

8,907

Debtors

5

61,479

112,208

Cash at bank and in hand

138,032

26,592

199,511

147,707

Creditors

Amounts falling due within one year

6

158,142

137,796

Net current assets

41,369

9,911

Total assets less current liabilities

52,780

23,031

Capital and reserves

Called up share capital

7

2

2

Retained earnings

52,778

23,029

Shareholders' funds

52,780

23,031

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2020 in accordance with Section 476 of the Companies Act 2006.

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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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 28 June 2021 and were signed by:

M C L Morley - Director

1.	Statutory information

Eligo Edge Protection Ltd. is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Government grants

Government grants are accounted for on a receivable basis.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

3.	Employees and directors

The average number of employees during the year was 2 (2019 - 1 ) .

4.	Tangible fixed assets

Plant and

Motor

machinery

vehicles

Totals

£

£

£

Cost

At 1 July 2019

17,094

10,094

27,188

Additions

2,094

-

2,094

At 30 June 2020

19,188

10,094

29,282

Depreciation

At 1 July 2019

9,652

4,416

14,068

Charge for year

2,383

1,420

3,803

At 30 June 2020

12,035

5,836

17,871

Net book value

At 30 June 2020

7,153

4,258

11,411

At 30 June 2019

7,442

5,678

13,120

5.

Debtors: amounts falling due within one year

30.6.20

30.6.19

£

£

Trade debtors

-

5,602

Other debtors

36,497

7,934

Loans to group undertakings

4,553

3,263

VAT

-

13,927

Accrued income

20,429

81,482

61,479

112,208

6.

Creditors: amounts falling due within one year

30.6.20

30.6.19

£

£

Trade creditors

18,468

15,079

Corporation tax

7,854

-

Social security and other taxes

1,065

-

VAT

14,528

-

Directors' current accounts

4,927

1,467

Accrued expenses

111,300

121,250

158,142

137,796

7.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.20

30.6.19

value:

£

£

2

Ordinary

£1

2

2

8.	Related party disclosures

At the year the company provided an interest free loan to its parent company, Eligo Property Limited totalling £4,553 (2019 £3,263).