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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
Page
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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
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ESPO ESPRESSO LIMITED Statement of financial position as at 30 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
623,991 
53,966 
Current assets
Inventories
4,000 
3,600 
Debtors
89,244 
7,505 
Cash at bank and in hand
35,758 
81,691 
129,002 
92,796 
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)
Net assets
95,476 
65,264 
Capital and reserves
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
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ESPO ESPRESSO LIMITED Notes to the Accounts for the year ended 30 March 2023
1
Statutory information
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.
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 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
Motor vehicles
4 years
Pension costs
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.
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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 
Depreciation
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 
Net book value
At 30 March 2023
569,807 
46,347 
7,837 
623,991 
At 30 March 2022
- 
53,966 
- 
53,966 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
2,626 
- 
Accrued income and prepayments
1,662 
5,424 
Other debtors
84,956 
2,081 
89,244 
7,505 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
33,160 
- 
VAT
12,145 
8,100 
Trade creditors
8,324 
1,251 
Other creditors
17,420 
33,561 
Loans from directors
65,087 
280 
Accruals
222 
420 
136,358 
43,612 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
521,159 
37,886 
8
Average number of employees
During the year the average number of employees was 12 (2022: 9).
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