Company Registration No. 07923144 (England and Wales)
ESC IT LIMITED
Unaudited accounts
for the year ended 31 January 2023
ESC IT LIMITED
Unaudited accounts
Contents
ESC IT LIMITED
Company Information
for the year ended 31 January 2023
Company Number
07923144 (England and Wales)
Registered Office
THE BOOT SHOP
HIGH STREET, BLAGDON
BRISTOL
BS40 7TA
ESC IT LIMITED
Statement of financial position
as at 31 January 2023
Tangible assets
1,803
1,803
Cash at bank and in hand
49,011
58,810
Creditors: amounts falling due within one year
(27,930)
(31,536)
Net current assets
37,520
49,335
Total assets less current liabilities
39,323
51,138
Creditors: amounts falling due after more than one year
(13,390)
(19,129)
Called up share capital
1
1
Profit and loss account
25,932
32,008
Shareholders' funds
25,933
32,009
For the year ending 31 January 2023 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 4 August 2023 and were signed on its behalf by
MR.P.CRUWYS
Director
Company Registration No. 07923144
ESC IT LIMITED
Notes to the Accounts
for the year ended 31 January 2023
ESC IT LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07923144. The registered office is THE BOOT SHOP, HIGH STREET, BLAGDON, BRISTOL, BS40 7TA.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention
The accounts are presented in £ sterling.
Turnover represents the value, excluding VAT, of goods and services provided to customers.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% per annum on cost
4
Tangible fixed assets
Computer equipment
ESC IT LIMITED
Notes to the Accounts
for the year ended 31 January 2023
Amounts falling due within one year
Trade debtors
14,639
17,099
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
5,738
5,738
Trade creditors
9,478
9,467
Taxes and social security
12,714
16,331
7
Creditors: amounts falling due after more than one year
2023
2022
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
9
Average number of employees
During the year the average number of employees was 5 (2022: 4).