Registered number
08752180
Escalla Limited
Filleted Accounts
31 October 2023
Escalla Limited
Registered number: 08752180
Balance Sheet
as at 31 October 2023
Notes 2023 2022
£ £
Fixed assets
Investments 3 4,393,100 4,393,100
Current assets
Debtors 4 1 1
Cash at bank and in hand 1,070 1,115
1,071 1,116
Creditors: amounts falling due within one year 5 (750) (750)
Net current assets 321 366
Total assets less current liabilities 4,393,421 4,393,466
Creditors: amounts falling due after more than one year 6 (1,278,345) (1,278,345)
Net assets 3,115,076 3,115,121
Capital and reserves
Called up share capital 15,076 15,076
Share premium 3,300,424 3,300,424
Profit and loss account (200,424) (200,379)
Shareholders' funds 3,115,076 3,115,121
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Ian West
Director
Approved by the board on 10 December 2023
Escalla Limited
Notes to the Accounts
for the year ended 31 October 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are recognised at transaction price including any transaction costs.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are recognised at transaction price net of any transaction costs.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 1 1
3 Investments
Investments in
subsidiary
undertakings
£
Cost
At 1 November 2022 4,393,100
At 31 October 2023 4,393,100
4 Debtors 2023 2022
£ £
Other debtors 1 1
5 Creditors: amounts falling due within one year 2023 2022
£ £
Other creditors 750 750
6 Creditors: amounts falling due after one year 2023 2022
£ £
Amounts owed to group undertakings and undertakings in which the company has a participating interest 1,278,345 1,278,345
7 Controlling party
The company is controlled by Ian West, a director and principal shareholder.
8 Other information
Escalla Limited is a private company limited by shares and incorporated in England. Its registered office is:
Claydon Hay Barn
Boddington Road
Claydon
Oxfordshire
OX17 1HD
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