0 false false false false false false false false false true false false false false false false No description of principal activity 2022-02-01 Sage Accounts Production Advanced 2021 - FRS102_2021 17,057 6,653 2,081 8,734 8,323 10,404 xbrli:pure xbrli:shares iso4217:GBP 06793743 2022-02-01 2023-01-31 06793743 2023-01-31 06793743 2022-01-31 06793743 2022-01-31 06793743 core:FurnitureFittings 2022-02-01 2023-01-31 06793743 bus:Director1 2022-02-01 2023-01-31 06793743 core:FurnitureFittings 2022-01-31 06793743 core:FurnitureFittings 2023-01-31 06793743 core:WithinOneYear 2023-01-31 06793743 core:WithinOneYear 2022-01-31 06793743 core:ShareCapital 2023-01-31 06793743 core:ShareCapital 2022-01-31 06793743 core:RetainedEarningsAccumulatedLosses 2023-01-31 06793743 core:RetainedEarningsAccumulatedLosses 2022-01-31 06793743 core:CostValuation core:Non-currentFinancialInstruments 2023-01-31 06793743 core:Non-currentFinancialInstruments 2023-01-31 06793743 core:Non-currentFinancialInstruments 2022-01-31 06793743 core:FurnitureFittings 2022-01-31 06793743 bus:Director1 2022-01-31 06793743 bus:Director1 2023-01-31 06793743 bus:Director1 2021-01-31 06793743 bus:Director1 2022-01-31 06793743 bus:Director1 2021-02-01 2022-01-31 06793743 bus:SmallEntities 2022-02-01 2023-01-31 06793743 bus:AuditExempt-NoAccountantsReport 2022-02-01 2023-01-31 06793743 bus:FullAccounts 2022-02-01 2023-01-31 06793743 bus:SmallCompaniesRegimeForAccounts 2022-02-01 2023-01-31 06793743 bus:PrivateLimitedCompanyLtd 2022-02-01 2023-01-31
COMPANY REGISTRATION NUMBER: 06793743
Eskdale Limited
Filleted Unaudited Financial Statements
31 January 2023
Eskdale Limited
Statement of Financial Position
31 January 2023
2023
2022
Note
£
£
Fixed assets
Tangible assets
4
8,323
10,404
Investments
5
121,088
121,088
------------
------------
129,411
131,492
Current assets
Cash at bank and in hand
12,188
12,500
Creditors: amounts falling due within one year
6
( 8,621)
( 8,280)
------------
------------
Net current assets
3,567
4,220
------------
------------
Total assets less current liabilities
132,978
135,712
------------
------------
Net assets
132,978
135,712
------------
------------
Eskdale Limited
Statement of Financial Position (continued)
31 January 2023
2023
2022
Note
£
£
Capital and reserves
Called up share capital
100
100
Profit and loss account
132,878
135,612
------------
------------
Shareholders funds
132,978
135,712
------------
------------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
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.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 31 August 2023 , and are signed on behalf of the board by:
Mr D J Mason
Director
Company registration number: 06793743
Eskdale Limited
Notes to the Financial Statements
Year ended 31 January 2023
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Brookhouse, Pennington, Ulverston, Cumbria, LA12 0JW, United Kingdom.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Depreciation
-
20% reducing balance
Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
Investments in associates
Investments in associates accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses.
Investments in joint ventures
Investments in joint ventures accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses.
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.
4. Tangible assets
Fixtures and fittings
Total
£
£
Cost
At 1 February 2022 and 31 January 2023
17,057
17,057
------------
------------
Depreciation
At 1 February 2022
6,653
6,653
Charge for the year
2,081
2,081
------------
------------
At 31 January 2023
8,734
8,734
------------
------------
Carrying amount
At 31 January 2023
8,323
8,323
------------
------------
At 31 January 2022
10,404
10,404
------------
------------
5. Investments
Shares in group undertakings
Loans to participating interests
Total
£
£
£
Cost
At 1 February 2022 and 31 January 2023
1
121,087
121,088
------------
------------
------------
Impairment
At 1 February 2022 and 31 January 2023
------------
------------
------------
Carrying amount
At 31 January 2023
1
121,087
121,088
------------
------------
------------
At 31 January 2022
1
121,087
121,088
------------
------------
------------
Under the provision of section 398 of the Companies Act 2006 the company is exempt from preparing consolidated accounts and has not done so, therefore the accounts show information about the company as an individual entity.
6. Creditors: amounts falling due within one year
2023
2022
£
£
Other creditors
8,621
8,280
------------
------------
7. Director's advances, credits and guarantees
During the year the director entered into the following advances and credits with the company:
2023
Balance brought forward
Advances/ (credits) to the director
Balance outstanding
£
£
£
Mr D J Mason
( 7,968)
( 325)
( 8,293)
------------
------------
------------
2022
Balance brought forward
Advances/ (credits) to the director
Balance outstanding
£
£
£
Mr D J Mason
( 7,656)
( 312)
( 7,968)
------------
------------
------------
8. Related party transactions
The company was under the control of Mr Mason throughout the current and previous year. Mr Mason is the managing director and majority shareholder. Eskdale Ltd is also involved in a partnership with Mr D J Mason named Eskdale Holidays. Eskdale Ltd owns 5% of a property within this partnership. No transactions with related parties were undertaken such as are required to be disclosed under Financial Reporting Standard for Smaller Entities.