1 September 2022 false No description of principal activity Taxfiler 2023.14 SC485143business:PrivateLimitedCompanyLtd2022-09-012023-08-31 SC4851432022-08-31 SC4851432022-09-012023-08-31 SC485143business:AuditExempt-NoAccountantsReport2022-09-012023-08-31 SC485143business:FilletedAccounts2022-09-012023-08-31 SC4851432023-08-31 SC485143business:Director12022-09-012023-08-31 SC485143business:RegisteredOffice2022-09-012023-08-31 SC4851432022-08-31 SC485143core:WithinOneYear2023-08-31 SC485143core:WithinOneYear2022-08-31 SC485143core:ShareCapitalcore:PreviouslyStatedAmount2023-08-31 SC485143core:ShareCapitalcore:PreviouslyStatedAmount2022-08-31 SC485143core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-08-31 SC485143core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-08-31 SC485143core:PreviouslyStatedAmount2023-08-31 SC485143core:PreviouslyStatedAmount2022-08-31 SC485143business:SmallEntities2022-09-012023-08-31 SC485143countries:Scotland2022-09-012023-08-31 SC485143core:PlantMachinery2022-09-012023-08-31 SC485143core:MotorVehicles2022-09-012023-08-31 SC485143core:ComputerEquipment2022-09-012023-08-31 SC485143core:IntangibleAssetsOtherThanGoodwill2022-08-31 SC485143core:IntangibleAssetsOtherThanGoodwill2023-08-31 SC485143core:PlantMachinery2022-08-31 SC485143core:MotorVehicles2022-08-31 SC485143core:ComputerEquipment2022-08-31 SC485143core:PlantMachinery2023-08-31 SC485143core:MotorVehicles2023-08-31 SC485143core:ComputerEquipment2023-08-31 SC485143core:AfterOneYear2023-08-31 SC485143core:AfterOneYear2022-08-31 SC485143business:OrdinaryShareClass12022-09-012023-08-31 SC485143business:OrdinaryShareClass12021-09-012022-08-31 SC4851432021-09-012022-08-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. SC485143 (Scotland)
Epos Direct Ltd Unaudited accounts for the year ended 31 August 2023
Epos Direct Ltd Unaudited accounts Contents
Page
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Epos Direct Ltd Company Information for the year ended 31 August 2023
Director
Francis Appiah-Boakye
Company Number
SC485143 (Scotland)
Registered Office
Summit House 4-5 Mitchell Street Edinburgh EH6 7BD Scotland
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Epos Direct Ltd Statement of financial position as at 31 August 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
18,275 
18,275 
Tangible assets
(3,055)
29,596 
15,220 
47,871 
Current assets
Debtors
38,543 
86,125 
Cash at bank and in hand
869,193 
101,217 
907,736 
187,342 
Creditors: amounts falling due within one year
(552,500)
(36,120)
Net current assets
355,236 
151,222 
Net assets
370,456 
199,093 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
370,454 
199,091 
Shareholders' funds
370,456 
199,093 
For the year ending 31 August 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 29 February 2024 and were signed on its behalf by
Francis Appiah-Boakye Director Company Registration No. SC485143
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Epos Direct Ltd Notes to the Accounts for the year ended 31 August 2023
1
Statutory information
Epos Direct Ltd is a private company, limited by shares, registered in Scotland, registration number SC485143. The registered office is Summit House, 4-5 Mitchell Street, Edinburgh, EH6 7BD, Scotland.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
Plant & Machinery is charge at 25% on straight line
Motor vehicles
Motor Vehicles is charge at 35% on straight line
Computer equipment
IT Equipment is charge at 20% on straight line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 September 2022
18,275 
At 31 August 2023
18,275 
Amortisation
At 1 September 2022
- 
At 31 August 2023
- 
Net book value
At 31 August 2023
18,275 
At 31 August 2022
18,275 
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Epos Direct Ltd Notes to the Accounts for the year ended 31 August 2023
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 September 2022
152,445 
28,410 
13,505 
194,360 
At 31 August 2023
152,445 
28,410 
13,505 
194,360 
Depreciation
At 1 September 2022
140,049 
9,943 
14,772 
164,764 
Charge for the year
20,007 
9,943 
2,701 
32,651 
At 31 August 2023
160,056 
19,886 
17,473 
197,415 
Net book value
At 31 August 2023
(7,611)
8,524 
(3,968)
(3,055)
At 31 August 2022
12,396 
18,467 
(1,267)
29,596 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due after more than one year
Other debtors
38,543 
86,125 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Proposed dividends
45,500 
- 
Other creditors
507,000 
- 
Loans from directors
- 
36,120 
552,500 
36,120 
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
2 
9
Average number of employees
During the year the average number of employees was 396 (2022: 195).
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