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Company Registration No. 04444147 (England and Wales)
Estafet Limited Unaudited accounts for the year ended 31 May 2023
Estafet Limited Unaudited accounts Contents
Page
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Estafet Limited Company Information for the year ended 31 May 2023
Directors
Mr A W B Wright Ms E M M Goncalves
Secretary
Tiare Limited
Company Number
04444147 (England and Wales)
Registered Office
8 Printworks Dunstable Road Richmond London TW9 1RR United Kingdom
Accountants
Tiare Limited Suite M, Bloomsbury Plaza 12-18 Bloomsbury Street London WC1B 3QA
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Estafet Limited Statement of financial position as at 31 May 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,580 
3,230 
Current assets
Inventories
- 
6,009 
Debtors
1,386,252 
1,296,936 
Cash at bank and in hand
1,101,491 
1,407,117 
2,487,743 
2,710,062 
Creditors: amounts falling due within one year
(2,120,301)
(2,136,441)
Net current assets
367,442 
573,621 
Net assets
370,022 
576,851 
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
370,012 
576,841 
Shareholders' funds
370,022 
576,851 
For the year ending 31 May 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 3 February 2024 and were signed on its behalf by
Mr A W B Wright Director Company Registration No. 04444147
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Estafet Limited Notes to the Accounts for the year ended 31 May 2023
1
Statutory information
Estafet Limited is a private company, limited by shares, registered in England and Wales, registration number 04444147. The registered office is 8 Printworks, Dunstable Road, Richmond, London, TW9 1RR, 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.
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.
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:
Computer equipment
25% on reducing balance
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Research and development
Expenditure on research and development is written off in the year in which it is incurred.
Work in progress
Work in progress is valued at net realisable value.
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Estafet Limited Notes to the Accounts for the year ended 31 May 2023
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 June 2022
76,599 
Additions
211 
At 31 May 2023
76,810 
Depreciation
At 1 June 2022
73,369 
Charge for the year
861 
At 31 May 2023
74,230 
Net book value
At 31 May 2023
2,580 
At 31 May 2022
3,230 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
1,234,243 
1,279,128 
Accrued income and prepayments
12,742 
10,595 
Other debtors
139,267 
7,213 
1,386,252 
1,296,936 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
1,391,993 
1,327,677 
Taxes and social security
454,948 
484,844 
Other creditors
39 
32 
Accruals
129,037 
180,596 
Deferred income
144,284 
143,292 
2,120,301 
2,136,441 
7
Average number of employees
During the year the average number of employees was 11 (2022: 11).
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