ESPERANZA RETAIL LTD

Company Registration Number:
12437647 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2022

Period of accounts

Start date: 01 March 2021

End date: 31 March 2022

ESPERANZA RETAIL LTD

Contents of the Financial Statements

for the Period Ended 31 March 2022

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

ESPERANZA RETAIL LTD

Company Information

for the Period Ended 31 March 2022




Director: Abigail Arnold-Michael
Emma-Louise Arnold-Michael
Registered office: 2 Rufus Way
Rufus Way
The Grove
Portland
Dorset
England
DT5 1ED
Company Registration Number: 12437647 (England and Wales)

ESPERANZA RETAIL LTD

Directors' Report Period Ended 31 March 2022

The directors present their report with the financial statements of the company for the period ended 31 March 2022

Directors

The directors shown below have held office during the whole of the period from 01 March 2021 to 31 March 2022
Abigail Arnold-Michael
Emma-Louise Arnold-Michael

This report was approved by the board of directors on 7 September 2022
And Signed On Behalf Of The Board By:

Name: Abigail Arnold-Michael
Status: Director

Name: Emma-Louise Arnold-Michael
Status: Director

ESPERANZA RETAIL LTD

Profit and Loss Account

for the Period Ended 31 March 2022


Notes
13 months to
31 Mar 2022
£
13 months to
28 Feb 2021
£
Turnover 784 12
Cost of sales ( 242 ) ( 12 )
Gross Profit or (Loss) 542 0
Income from coronavirus (COVID-19) business support grants 0 0
Distribution Costs ( 59 ) ( 30 )
Administrative Expenses ( 1,185 ) ( 788 )
Other operating income 0 0
Operating Profit or (Loss) ( 702 ) ( 818 )
Interest Receivable and Similar Income 0 0
Interest Payable and Similar Charges ( 0 ) ( 0 )
Profit or (Loss) Before Tax ( 702 ) ( 818 )
Tax on Profit ( 0 ) ( 0 )
Profit or (Loss) for Period ( 702 ) ( 818 )

The notes form part of these financial statements

ESPERANZA RETAIL LTD

Balance sheet

As at 31 March 2022


Notes
13 months to
31 Mar 2022
£
13 months to
28 Feb 2021
£
Fixed assets
Intangible assets: 4 170 170
Tangible assets: 5 0 0
Total fixed assets: 170 170
Current assets
Stocks: 210 0
Debtors: 6 0 0
Cash at bank and in hand: 0 0
Total current assets: 210 0
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 7 ( 0 ) ( 0 )
Net current assets (liabilities): 210 0
Total assets less current liabilities: 380 170
Creditors: amounts falling due after more than one year: 8 ( 977 ) ( 1,466 )
Provision for liabilities: ( 0 ) ( 0 )
Accruals and deferred income: ( 0 ) ( 0 )
Total net assets (liabilities): ( 597 ) ( 1,296 )

The notes form part of these financial statements

ESPERANZA RETAIL LTD

Balance sheet continued

As at 31 March 2022


Notes
13 months to
31 Mar 2022
£
13 months to
28 Feb 2021
£
Capital and reserves
Called up share capital: 1 1
Revaluation reserve: 9 0 0
Profit and loss account: ( 598 ) ( 1,297 )
Shareholders funds: ( 597 ) ( 1,296 )

For the year ending 31 March 2022 the company was entitled to exemption 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.

This report was approved by the board of directors on 7 September 2022
And Signed On Behalf Of The Board By:

Name: Abigail Arnold-Michael
Status: Director

Name: Emma-Louise Arnold-Michael
Status: Director

The notes form part of these financial statements

ESPERANZA RETAIL LTD

Notes to the Financial Statements

for the Period Ended 31 March 2022

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

ESPERANZA RETAIL LTD

Notes to the Financial Statements

for the Period Ended 31 March 2022

  • 2. Employees

    13 months to
    31 Mar 2022
    13 months to
    28 Feb 2021
    Average number of employees during the period 2 2

ESPERANZA RETAIL LTD

Notes to the Financial Statements

for the Period Ended 31 March 2022

  • 3. Off balance sheet disclosure

    No

ESPERANZA RETAIL LTD

Notes to the Financial Statements

for the Period Ended 31 March 2022

4. Intangible assets

Other Total
Cost £ £
At 01 March 2021 170 170
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 31 March 2022 170 170
Amortisation
Amortisation at 01 March 2021 - -
Charge for year - -
On disposals - -
Other adjustments - -
Amortisation at 31 March 2022 - -
Net book value
Net book value at 31 March 2022 170 170
Net book value at 28 February 2021 170 170

trade mark

ESPERANZA RETAIL LTD

Notes to the Financial Statements

for the Period Ended 31 March 2022

5. Tangible assets

Office equipment Total
Cost £ £
At 01 March 2021 - -
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 31 March 2022 - -
Depreciation
At 01 March 2021 - -
Charge for year - -
On disposals - -
Other adjustments - -
At 31 March 2022 - -
Net book value
At 31 March 2022 - -
At 28 February 2021 - -

Not Applicable

ESPERANZA RETAIL LTD

Notes to the Financial Statements

for the Period Ended 31 March 2022

6. Debtors

13 months to
31 Mar 2022
£
13 months to
28 Feb 2021
£
Trade debtors 0 0
Prepayments and accrued income 0 0
Other debtors 0 0
Total 0 0
Debtors due after more than one year: 0 0

ESPERANZA RETAIL LTD

Notes to the Financial Statements

for the Period Ended 31 March 2022

7.Creditors: amounts falling due within one year note

13 months to
31 Mar 2022
£
13 months to
28 Feb 2021
£
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 0 0
Taxation and social security 0 0
Accruals and deferred income 0 0
Other creditors 0 0
Total 0 0

Not Applicable

ESPERANZA RETAIL LTD

Notes to the Financial Statements

for the Period Ended 31 March 2022

8.Creditors: amounts falling due after more than one year

13 months to
31 Mar 2022
£
13 months to
28 Feb 2021
£
Bank loans and overdrafts 977 1,466
Amounts due under finance leases and hire purchase contracts 0 0
Other creditors 0 0
Total 977 1,466

Loan from X-Forces

ESPERANZA RETAIL LTD

Notes to the Financial Statements

for the Period Ended 31 March 2022

9. Revaluation reserve

13 months to
31 Mar 2022
£
Balance at 01 March 2021 0
Surplus or deficit after revaluation 0
Balance at 31 March 2022 0

Not Applicable