Company Registration No. 10925256 (England and Wales)
Esengo Ventures Limited
Unaudited accounts
for the year ended 31 August 2023
Esengo Ventures Limited
Unaudited accounts
Contents
Esengo Ventures Limited
Company Information
for the year ended 31 August 2023
Company Number
10925256 (England and Wales)
Registered Office
21 BARRY DRIVE
LIVERPOOL
L19 2HG
UNITED KINGDOM
Esengo Ventures Limited
Statement of financial position
as at 31 August 2023
Tangible assets
327,400
250,000
Cash at bank and in hand
20,234
14,050
Creditors: amounts falling due within one year
(17,164)
(600)
Net current assets
3,070
13,450
Total assets less current liabilities
330,470
263,450
Creditors: amounts falling due after more than one year
(252,308)
(241,500)
Called up share capital
1
1
Profit and loss account
78,161
21,949
Shareholders' funds
78,162
21,950
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 30 September 2023 and were signed on its behalf by
David Patrick
Director
Company Registration No. 10925256
Esengo Ventures Limited
Notes to the Accounts
for the year ended 31 August 2023
Esengo Ventures Limited is a private company, limited by shares, registered in England and Wales, registration number 10925256. The registered office is 21 BARRY DRIVE, LIVERPOOL, L19 2HG, 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:
4
Tangible fixed assets
Land & buildings
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 September 2022
250,000
-
250,000
At 31 August 2023
250,000
96,750
346,750
Charge for the year
-
19,350
19,350
At 31 August 2023
-
19,350
19,350
At 31 August 2023
250,000
77,400
327,400
At 31 August 2022
250,000
-
250,000
5
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
16,564
-
Esengo Ventures Limited
Notes to the Accounts
for the year ended 31 August 2023
6
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
102,730
102,730
Obligations under finance leases and hire purchase contracts
76,656
-
Other creditors
7,740
31,800
Loans from directors
65,182
106,970
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).