Company Registration No. 13670067 (England and Wales)
ESG FACADES LIMITED
Unaudited accounts
for the year ended 31 October 2023
ESG FACADES LIMITED
Unaudited accounts
Contents
ESG FACADES LIMITED
Company Information
for the year ended 31 October 2023
Company Number
13670067 (England and Wales)
Registered Office
51 LION ROAD
LONDON
N9 9DN
ENGLAND
Accountants
Agents For Accounting Ltd
Apex House, 2nd Floor
Grand Arcade
London
N12 0EH
ESG FACADES LIMITED
Statement of financial position
as at 31 October 2023
Cash at bank and in hand
4,838
2,409
Creditors: amounts falling due within one year
(73,859)
15,187
Net current assets
22,831
26,546
Total assets less current liabilities
23,218
27,126
Provisions for liabilities
Called up share capital
1
1
Profit and loss account
23,144
27,015
Shareholders' funds
23,145
27,016
For the year ending 31 October 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 15 July 2024 and were signed on its behalf by
Eduart Gjeta
Director
Company Registration No. 13670067
ESG FACADES LIMITED
Notes to the Accounts
for the year ended 31 October 2023
ESG FACADES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13670067. The registered office is 51 LION ROAD, LONDON, N9 9DN, ENGLAND.
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.
These financial statements for the year ended 31 October 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 8 October 2021.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
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:
Plant & machinery
Straight Line Method - 25%
ESG FACADES LIMITED
Notes to the Accounts
for the year ended 31 October 2023
4
Tangible fixed assets
Plant & machinery
Amounts falling due within one year
Other debtors
91,799
8,728
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
72,959
(15,787)
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.
Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.
The director loan balance was cleared by dividend of £50,000 was issued on 6th April 2024 and remaning balance of £291
was repaid to the company withing 9 months after the year end.
9
Average number of employees
During the year the average number of employees was 1 (2022: 1).