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REGISTERED NUMBER: 06978092 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

E-SCREEN LIMITED

E-SCREEN LIMITED (REGISTERED NUMBER: 06978092)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


E-SCREEN LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: N J Veitch
G Holland
D Dyble
J Simpson



REGISTERED OFFICE: 20 Harcourt Street
London
W1H 4HG



REGISTERED NUMBER: 06978092 (England and Wales)



SENIOR STATUTORY AUDITOR: Stephen William Evans F.C.A.



AUDITORS: William Evans & Partners
20 Harcourt Street
London
W1H 4HG

E-SCREEN LIMITED (REGISTERED NUMBER: 06978092)

BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 6,203 4,848

CURRENT ASSETS
Stocks 76,177 116,952
Debtors 5 119,848 78,517
Cash at bank 222,322 72,999
418,347 268,468
CREDITORS
Amounts falling due within one year 6 (399,417 ) (249,203 )
NET CURRENT ASSETS 18,930 19,265
TOTAL ASSETS LESS CURRENT
LIABILITIES

25,133

24,113

CREDITORS
Amounts falling due after more than one
year

7

-

(22,389

)
NET ASSETS 25,133 1,724

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 25,033 1,624
SHAREHOLDERS' FUNDS 25,133 1,724

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 August 2024 and were signed on its behalf by:





N J Veitch - Director


E-SCREEN LIMITED (REGISTERED NUMBER: 06978092)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1. STATUTORY INFORMATION

E-Screen Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover represents amounts receivable, net of VAT, for goods and services delivered in the accounting period.

Tangible fixed assets
Tangible fixed assets are stated at cost less depreciation. depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows; Computer equipment: 25% reducing balance; Fixtures, fittings and equipment: 25% reducing balance.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

E-SCREEN LIMITED (REGISTERED NUMBER: 06978092)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 January 2023 3,223 21,059 24,282
Additions - 3,086 3,086
At 31 December 2023 3,223 24,145 27,368
DEPRECIATION
At 1 January 2023 2,330 17,104 19,434
Charge for year 323 1,408 1,731
At 31 December 2023 2,653 18,512 21,165
NET BOOK VALUE
At 31 December 2023 570 5,633 6,203
At 31 December 2022 893 3,955 4,848

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 112,011 35,675
Other debtors 7,837 42,842
119,848 78,517

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts - 23,908
Trade creditors 251,335 216,971
Taxation and social security 44,223 3,797
Other creditors 103,859 4,527
399,417 249,203

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans - 22,389

8. SECURED DEBTS

The company's bankers, Santander UK plc. , hold a fixed and floating charge over all of the assets of the company.

E-SCREEN LIMITED (REGISTERED NUMBER: 06978092)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

9. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Stephen William Evans F.C.A. (Senior Statutory Auditor)
for and on behalf of William Evans & Partners

10. ULTIMATE CONTROLLING PARTY

On 25th August 2023 Eurocoin GmbH., a private company limited by shares and registered in Germany, acquired 70% of the share capital and thus became the parent company of this company. The ultimate controlling parties from that date are Mr Colin Veitch and Mr Nicholas Veitch who jointly own, indirectly, 100% of Eurocoin GmbH.. Until that date Mr J Temple was the ultimate controlling party by virtue of ownership of 100% of the share capital.