1 January 2023 v2024.6.1 limited_company_frs_102_section_1a_v1_1_1 companies_houseSoftwarefalsetruetruetrueNo description of principal activityfalsexbrli:purexbrli:sharesiso4217:GBP074775072023-01-012023-12-31074775072023-12-31074775072022-12-3107477507core:WithinOneYear2023-12-3107477507core:WithinOneYear2022-12-3107477507core:AfterOneYear2023-12-3107477507core:AfterOneYear2022-12-3107477507core:ShareCapital2023-12-3107477507core:ShareCapital2022-12-3107477507core:RevaluationReserve2023-12-3107477507core:RevaluationReserve2022-12-3107477507core:RetainedEarningsAccumulatedLosses2023-12-3107477507core:RetainedEarningsAccumulatedLosses2022-12-3107477507bus:Director12023-01-012023-12-3107477507bus:RegisteredOffice2023-01-012023-12-31074775072022-01-012022-12-3107477507core:IntangibleAssetsOtherThanGoodwill2023-01-012023-12-3107477507core:IntangibleAssetsOtherThanGoodwill2023-12-3107477507core:LandBuildings2023-01-0107477507core:PlantMachinery2023-01-01074775072023-01-0107477507core:PlantMachinery2023-01-012023-12-3107477507core:LandBuildings2023-12-3107477507core:PlantMachinery2023-12-3107477507core:LandBuildings2022-12-3107477507core:PlantMachinery2022-12-3107477507core:AdditionsToInvestments2023-12-3107477507core:CostValuation2023-12-310747750712023-01-012023-12-3107477507countries:EnglandWales2023-01-012023-12-3107477507bus:AuditExemptWithAccountantsReport2023-01-012023-12-3107477507bus:PrivateLimitedCompanyLtd2023-01-012023-12-3107477507bus:SmallEntities2023-01-012023-12-3107477507bus:FullAccounts2023-01-012023-12-31
Company registration number:
07477507
E.S.L. (GB) Limited
Unaudited Financial Statements for the year ended
31 December 2023
E.S.L. (GB) Limited
Statement of Financial Position
31 December 2023
20232022
Note££
Fixed assets    
Intangible assets 5
3,375
  -  
Tangible assets 6
2,064,095
 
1,804,102
 
Investments 7
110,000
  -  
2,177,470
 
1,804,102
 
Current assets    
Stocks
38,707
 
22,904
 
Debtors 8
820,727
 
1,827,861
 
Cash at bank and in hand
595,116
 
100,608
 
1,454,550
 
1,951,373
 
Creditors: amounts falling due within one year 9
(1,014,887
)
(1,517,417
)
Net current assets
439,663
 
433,956
 
Total assets less current liabilities 2,617,133   2,238,058  
Creditors: amounts falling due after more than one year 10
(543,367
)
(508,449
)
Provisions for liabilities
(174,391
)
(83,138
)
Net assets
1,899,375
 
1,646,471
 
Capital and reserves    
Called up share capital
100
 
100
 
Revaluation reserve
435,760
 
435,760
 
Profit and loss account
1,463,515
 
1,210,611
 
Shareholders funds
1,899,375
 
1,646,471
 
For the year ending
31 December 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 their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
financial statements
have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
These
financial statements
were approved by the board of directors and authorised for issue on
5 March 2024
, and are signed on behalf of the board by:
P Thompson
Director
Company registration number:
07477507
E.S.L. (GB) Limited
Notes to the Financial Statements
Year ended
31 December 2023

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
Kimberley Works
,
8 Burma Drive
,
Hull
,
HU9 5SD
, England.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Intangible assets

Intangible assets are initially measured at cost and are subsequently measured at cost less any accumulated amortisation and accumulated impairment losses or at a revalued amount. However, Intangible assets acquired as part of a business combination are only recognised separately from goodwill when they arise from contractual or other legal rights, are separable, the expected future economic benefits are probable and the cost or value can be measured reliably.
Any intangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation, as determined by reference to an active market, less any subsequent accumulated amortisation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.

Fixed asset investments

Investments in subsidiaries, associates and joint ventures accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses.
Investments in subsidiaries, associates and joint ventures accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value recognised in other comprehensive income or profit or loss. Where it is impracticable to measure fair value reliably without undue cost or effort, the cost model will be adopted.
Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the associate arising before or after the date of acquisition.
Other fixed asset investments which are listed are measured at fair value with changes in fair value being recognised in profit or loss.
All other Investments held as fixed assets are initially recorded at cost, and are subsequently stated at cost less any accumulated impairment losses.

4 Average number of employees

The average number of persons employed by the company during the year was
39
(2022:
35.00
).

5 Intangible assets

Other intangible assets
£
Cost  
At
1 January 2023
-  
Additions
3,375
 
At
31 December 2023
3,375
 
Amortisation  
At
1 January 2023
and
31 December 2023
-  
Carrying amount  
At
31 December 2023
3,375
 
At 31 December 2022 -  

6 Tangible assets

Land and buildingsPlant and machinery etc.Total
£££
Cost      
At
1 January 2023
1,366,533
 
760,291
 
2,126,824
 
Additions -  
345,849
 
345,849
 
At
31 December 2023
1,366,533
 
1,106,140
 
2,472,673
 
Depreciation      
At
1 January 2023
-  
322,722
 
322,722
 
Charge -  
85,856
 
85,856
 
At
31 December 2023
-  
408,578
 
408,578
 
Carrying amount      
At
31 December 2023
1,366,533
 
697,562
 
2,064,095
 
At 31 December 2022
1,366,533
 
437,569
 
1,804,102
 

7 Investments

Other investments other than loans
£
Cost  
At
1 January 2023
-  
Additions
110,000
 
At
31 December 2023
110,000
 
Impairment  
At
1 January 2023
and
31 December 2023
-  
Carrying amount  
At
31 December 2023
110,000
 
At 31 December 2022 -  

8 Debtors

20232022
££
Trade debtors
820,727
 
1,827,861
 

9 Creditors: amounts falling due within one year

20232022
££
Trade creditors
604,207
 
1,121,351
 
Taxation and social security
261,616
 
212,785
 
Other creditors
149,064
 
183,281
 
1,014,887
 
1,517,417
 

10 Creditors: amounts falling due after more than one year

20232022
££
Other creditors
543,367
 
508,449