ESSU GROUP LIMITED

Company Registration Number:
12959546 (England and Wales)

Unaudited statutory accounts for the year ended 30 September 2023

Period of accounts

Start date: 1 November 2022

End date: 30 September 2023

ESSU GROUP LIMITED

Contents of the Financial Statements

for the Period Ended 30 September 2023

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

ESSU GROUP LIMITED

Profit And Loss Account

for the Period Ended 30 September 2023

11 months to 30 September 2023 2022


£

£
Turnover: 9,648,916 4,711,844
Cost of sales: ( 3,814,219 ) ( 2,106,819 )
Gross profit(or loss): 5,834,697 2,605,025
Distribution costs: 0 0
Administrative expenses: ( 61,092 ) ( 37,060 )
Other operating income: 0 0
Operating profit(or loss): 5,773,605 2,567,965
Interest receivable and similar income: 0 0
Interest payable and similar charges: ( 79,998 ) ( 19,612 )
Profit(or loss) before tax: 5,693,607 2,548,353
Tax: ( 1,800,000 ) ( 750,000 )
Profit(or loss) for the financial year: 3,893,607 1,798,353

ESSU GROUP LIMITED

Balance sheet

As at 30 September 2023

Notes 11 months to 30 September 2023 2022


£

£
Called up share capital not paid: 100 100
Fixed assets
Intangible assets: 3 25,000 25,000
Tangible assets: 4 3,104,809 174,000
Investments: 5 819,712 35,000
Total fixed assets: 3,949,521 234,000
Current assets
Stocks: 6 392,916 98,000
Debtors: 7 694,861 347,300
Cash at bank and in hand: 784,611 56,372
Investments:   0 0
Total current assets: 1,872,388 501,672
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 8 ( 61,864 ) ( 10,000 )
Net current assets (liabilities): 1,810,524 491,672
Total assets less current liabilities: 5,760,145 725,772
Creditors: amounts falling due after more than one year: 9 ( 294,844 ) 0
Provision for liabilities: ( 120,000 ) ( 30,000 )
Accruals and deferred income: 0 0
Total net assets (liabilities): 5,345,301 695,772
Capital and reserves
Called up share capital: 100 100
Share premium account: 0 0
Other reserves: 0 0
Profit and loss account: 5,345,201 695,672
Total Shareholders' funds: 5,345,301 695,772

The notes form part of these financial statements

ESSU GROUP LIMITED

Balance sheet statements

For the year ending 30 September 2023 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 1 October 2023
and signed on behalf of the board by:

Name: Angela Griffiths
Status: Director

The notes form part of these financial statements

ESSU GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

ESSU GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2023

  • 2. Employees

    11 months to 30 September 2023 2022
    Average number of employees during the period 24 4

ESSU GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2023

3. Intangible assets

Goodwill Other Total
Cost £ £ £
At 1 November 2022 25,000 25,000
Additions 0 0
Disposals 0 0
Revaluations 0 0
Transfers 0 0
At 30 September 2023 25,000 25,000
Amortisation
At 1 November 2022 0 0
Charge for year 0 0
On disposals 0 0
Other adjustments 0 0
At 30 September 2023 0 0
Net book value
At 30 September 2023 25,000 25,000
At 31 October 2022 25,000 25,000

ESSU GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2023

4. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 November 2022 100,000 24,000 10,000 40,000 174,000
Additions 1,100,000 525,000 50,000 1,255,809 2,930,809
Disposals 0 0
Revaluations 0 0
Transfers 0 0
At 30 September 2023 1,200,000 549,000 60,000 1,295,809 3,104,809
Depreciation
At 1 November 2022 0 0
Charge for year 0 0
On disposals 0 0
Other adjustments 0 0
At 30 September 2023 0 0
Net book value
At 30 September 2023 1,200,000 549,000 60,000 1,295,809 3,104,809
At 31 October 2022 100,000 24,000 10,000 40,000 174,000

ESSU GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2023

5. Fixed assets investments note

Our Company has grown to support the modern infrastructure in the supply of Petroleum Products around the globe so we have implemented an Investment towards our business to expand and keep the competitive pricing.

ESSU GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2023

6. Stocks

11 months to 30 September 2023 2022
£ £
Stocks 392,916 98,000
Payments on account 0 0
Total 392,916 98,000

ESSU GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2023

7. Debtors

11 months to 30 September 2023 2022
£ £
Trade debtors 694,861 347,300
Prepayments and accrued income 0 0
Other debtors 0 0
Total 694,861 347,300
Debtors due after more than one year: 0 0

ESSU GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2023

8. Creditors: amounts falling due within one year note

11 months to 30 September 2023 2022
£ £
Amounts due under finance leases and hire purchase contracts 61,864 10,000
Total 61,864 10,000

ESSU GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2023

9. Creditors: amounts falling due after more than one year note

11 months to 30 September 2023 2022
£ £
Amounts due under finance leases and hire purchase contracts 294,844 0
Total 294,844 0