Company Registration No. 13914686 (England and Wales)
Escendant Ltd
Unaudited accounts
for the period from 14 February 2022 to 31 March 2023
Escendant Ltd
Unaudited accounts
Contents
Escendant Ltd
Company Information
for the period from 14 February 2022 to 31 March 2023
Directors
Dr Jenni Henderson
Neil Hamilton Murray
Company Number
13914686 (England and Wales)
Registered Office
28 Irvine Drive
Towcester
Northamptonshire
NN12 7AX
United Kingdom
Escendant Ltd
Statement of financial position
as at 31 March 2023
Cash at bank and in hand
339,468
Creditors: amounts falling due within one year
(40,780)
Net current assets
305,336
Called up share capital
125
Profit and loss account
(607,058)
Shareholders' funds
393,042
For the period ending 31 March 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 9 February 2024 and were signed on its behalf by
Dr Jenni Henderson
Director
Company Registration No. 13914686
Escendant Ltd
Notes to the Accounts
for the period from 14 February 2022 to 31 March 2023
Escendant Ltd is a private company, limited by shares, registered in England and Wales, registration number 13914686. The registered office is 28 Irvine Drive, Towcester, Northamptonshire, NN12 7AX, 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 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.
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:
Fixtures & fittings
3 years
Computer equipment
3 years
The company operates a defined contribution scheme. The assets of the scheme are held separately from those of the company in independently administered funds. The pension costs charge represents contributions payable for the period by the company to the fund.
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
Additions
65,225
29,660
94,885
At 31 March 2023
65,225
29,660
94,885
Charge for the period
2,675
4,504
7,179
At 31 March 2023
2,675
4,504
7,179
At 31 March 2023
62,550
25,156
87,706
Amounts falling due within one year
Accrued income and prepayments
6,648
Escendant Ltd
Notes to the Accounts
for the period from 14 February 2022 to 31 March 2023
6
Creditors: amounts falling due within one year
2023
Taxes and social security
31,767
7
Transactions with related parties
There were no material transactions with directors and shareholders that were not conducted under normal market conditions. The amounts owed to the directors are included within creditors. The balances are payable on demand and no interest is charged.
8
Average number of employees
During the period the average number of employees was 4.