Company Registration No. 07208056 (England and Wales)
ESPO ESPRESSO LIMITED
Unaudited accounts
for the year ended 30 March 2023
ESPO ESPRESSO LIMITED
Unaudited accounts
Contents
ESPO ESPRESSO LIMITED
Company Information
for the year ended 30 March 2023
Director
A Bitsios-Esposito
Company Number
07208056 (England and Wales)
Registered Office
1 STONEY STREET
BEESTON
NOTTINGHAM
NOTTINGHAMSHIRE
NG9 2LA
ESPO ESPRESSO LIMITED
Statement of financial position
as at 30 March 2023
Tangible assets
623,991
53,966
Cash at bank and in hand
35,758
81,691
Creditors: amounts falling due within one year
(136,358)
(43,612)
Net current (liabilities)/assets
(7,356)
49,184
Total assets less current liabilities
616,635
103,150
Creditors: amounts falling due after more than one year
(521,159)
(37,886)
Called up share capital
2
2
Profit and loss account
95,474
65,262
Shareholders' funds
95,476
65,264
For the year ending 30 March 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 16 February 2024 and were signed on its behalf by
A Bitsios-Esposito
Director
Company Registration No. 07208056
ESPO ESPRESSO LIMITED
Notes to the Accounts
for the year ended 30 March 2023
ESPO ESPRESSO LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07208056. The registered office is 1 STONEY STREET, BEESTON, NOTTINGHAM, NOTTINGHAMSHIRE, NG9 2LA.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes at the time of the trasnaction in respect of food and beverages.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided on a straight line basis in order to write off the assets over their estimated useful lives:
Land & buildings
No depreciation
Plant & machinery
5-7 year
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
ESPO ESPRESSO LIMITED
Notes to the Accounts
for the year ended 30 March 2023
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 31 March 2022
-
127,286
-
127,286
Additions
569,807
581
8,250
578,638
At 30 March 2023
569,807
127,867
8,250
705,924
At 31 March 2022
-
73,320
-
73,320
Charge for the year
-
8,200
413
8,613
At 30 March 2023
-
81,520
413
81,933
At 30 March 2023
569,807
46,347
7,837
623,991
At 30 March 2022
-
53,966
-
53,966
Amounts falling due within one year
Accrued income and prepayments
1,662
5,424
Other debtors
84,956
2,081
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
33,160
-
Trade creditors
8,324
1,251
Other creditors
17,420
33,561
Loans from directors
65,087
280
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 12 (2022: 9).