Company Registration No. 04444147 (England and Wales)
Estafet Limited
Unaudited accounts
for the year ended 31 May 2023
Estafet Limited
Unaudited accounts
Contents
Estafet Limited
Company Information
for the year ended 31 May 2023
Directors
Mr A W B Wright
Ms E M M Goncalves
Company Number
04444147 (England and Wales)
Registered Office
8 Printworks
Dunstable Road
Richmond
London
TW9 1RR
United Kingdom
Accountants
Tiare Limited
Suite M, Bloomsbury Plaza
12-18 Bloomsbury Street
London
WC1B 3QA
Estafet Limited
Statement of financial position
as at 31 May 2023
Tangible assets
2,580
3,230
Debtors
1,386,252
1,296,936
Cash at bank and in hand
1,101,491
1,407,117
Creditors: amounts falling due within one year
(2,120,301)
(2,136,441)
Net current assets
367,442
573,621
Net assets
370,022
576,851
Called up share capital
10
10
Profit and loss account
370,012
576,841
Shareholders' funds
370,022
576,851
For the year ending 31 May 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 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 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 of Directors and authorised for issue on 3 February 2024 and were signed on its behalf by
Mr A W B Wright
Director
Company Registration No. 04444147
Estafet Limited
Notes to the Accounts
for the year ended 31 May 2023
Estafet Limited is a private company, limited by shares, registered in England and Wales, registration number 04444147. The registered office is 8 Printworks, Dunstable Road, Richmond, London, TW9 1RR, United Kingdom.
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 as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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% on reducing balance
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Expenditure on research and development is written off in the year in which it is incurred.
Work in progress is valued at net realisable value.
Estafet Limited
Notes to the Accounts
for the year ended 31 May 2023
4
Tangible fixed assets
Computer equipment
Amounts falling due within one year
Trade debtors
1,234,243
1,279,128
Accrued income and prepayments
12,742
10,595
Other debtors
139,267
7,213
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
1,391,993
1,327,677
Taxes and social security
454,948
484,844
Deferred income
144,284
143,292
7
Average number of employees
During the year the average number of employees was 11 (2022: 11).