ACCOUNTS - Final Accounts

Caseware UK (AP4) 2022.0.179 2022.0.179 2022-05-312022-05-312023-05-30truetruetrue12021-06-01No description of principal activity1 04335661 2021-06-01 2022-05-31 04335661 2022-05-31 04335661 2020-06-01 2021-05-31 04335661 2021-05-31 04335661 c:CompanySecretary1 2021-06-01 2022-05-31 04335661 c:Director1 2021-06-01 2022-05-31 04335661 c:RegisteredOffice 2021-06-01 2022-05-31 04335661 d:CurrentFinancialInstruments 2022-05-31 04335661 d:CurrentFinancialInstruments 2021-05-31 04335661 d:ShareCapital 2022-05-31 04335661 d:ShareCapital 2021-05-31 04335661 c:EntityHasNeverTraded 2021-06-01 2022-05-31 04335661 c:FRS102 2021-06-01 2022-05-31 04335661 c:AuditExemptWithAccountantsReport 2021-06-01 2022-05-31 04335661 c:FullAccounts 2021-06-01 2022-05-31 04335661 c:PrivateLimitedCompanyLtd 2021-06-01 2022-05-31 iso4217:GBP xbrli:pure

Registered number: 04335661

EDGESPACE LIMITED

UNAUDITED

DIRECTOR'S REPORT AND FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MAY 2022


EDGESPACE LIMITED

COMPANY INFORMATION

Director	M J Connors


Company secretary	M J Connors


Registered number	04335661


Registered office	Stafford Road
	Stone
	Staffordshire
	ST15 0DG


Accountants	Grant Thornton UK LLP
	Chartered Accountants
	Royal Liver Building
	Liverpool
	L3 1PS


EDGESPACE LIMITED

CONTENTS

	Page
Accountant's report	1
Statement of financial position	2
Notes to the financial statements	3 - 4

Report to the director on the preparation of the unaudited statutory financial statements of Edgespace Limited for the year ended 31 May 2022

We have compiled the accompanying financial statements of Edgespace Limited (the ‘company’) based on the information you have provided. These financial statements comprise the Statement of Financial Position of Edgespace Limited as at 31 May 2022, and a summary of significant accounting policies and other explanatory information.

We performed this compilation engagement in accordance with International Standard on Related Services 4410 (Revised), 'Compilation Engagements'.

We have applied our expertise in accounting and financial reporting to assist you in the preparation and presentation of these financial statements in accordance with applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice). As a member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at www.icaew.com.

These financial statements and the accuracy and completeness of the information used to compile them are your responsibility.

Since a compilation engagement is not an assurance engagement, we are not required to verify the accuracy or completeness of the information you provided to us to compile these financial statements. Accordingly, we do not express an audit opinion or a review conclusion on whether these financial statements are prepared in accordance with United Kingdom Generally Accepted Accounting Practice.

This report is made solely to the Company's director, in accordance with the terms of our engagement letter dated 30 November 2020. Our work has been undertaken solely to prepare for your approval the financial statements of the company and state those matters that we have agreed to state to the Company's director, in this report in accordance with our engagement letter dated 30 November 2020. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director, for our work or for this report.

Grant Thornton UK LLP

Chartered Accountants

Liverpool

30 May 2023

Page 1


EDGESPACE LIMITED REGISTERED NUMBER:04335661

STATEMENT OF FINANCIAL POSITION

AS AT 31 MAY 2022

		2022		2021
Note		£		£


Current assets
Debtors: amounts falling due within one year	4	1		1
		1		1

Net assets			1		1

Capital and reserves
Called up share capital	1	1
	1	1

For the year ended 31 May 2022 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.

Members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

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

The Company has opted not to file the Statement of Comprehensive Income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

M J Connors

Director

Date: 30 May 2023

The notes on pages 3 to 4 form part of these financial statements.

Page 2


EDGESPACE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2022

1.	General information

Edgespace Limited is a private company limited by shares, incorporated in England and Wales. Registration number: 04335661. Its registered head office is located at Stafford Road, Stone, Staffordshire, ST15 0DG.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

2.2

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.3

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Comprehenive Income.

For financial assets measured at amortised cost, the impairment loss is measured as the difference between an asset's carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate. If a financial asset has a variable interest rate, the discount rate for measuring any impairment loss is the current effective interest rate determined under the contract.

Employees

The average monthly number of employees, including directors, during the year was 1 (2021: 1).

Debtors

					2022	2021
					£	£


Amounts owed by group undertakings	1	1
	1	1

Page 3


EDGESPACE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2022

5.	Controlling party

The company’s parent company is Datel Electronics Limited which is a wholly owned subsidiary of the ultimate parent company, Datel Holdings Limited, a company incorporated in the United Kingdom and registered in England and Wales. The company’s controlling party is M J Connors, the sole shareholder of the ultimate parent company, Datel Holdings Limited.

Page 4