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REGISTERED NUMBER: 00967972 (England and Wales)















ESCADEAN LIMITED

Unaudited Financial Statements for the Year Ended 31 December 2023






ESCADEAN LIMITED (REGISTERED NUMBER: 00967972)






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


ESCADEAN LIMITED

Company Information
for the Year Ended 31 December 2023







DIRECTORS: D J Brown
S P Brown





SECRETARY: Mrs P A Brown





REGISTERED OFFICE: Crown Works
Baltimore Road Perry Barr
Birmingham
B42 1DP





REGISTERED NUMBER: 00967972 (England and Wales)





ACCOUNTANTS: Michael Dufty Partnership Limited
59-61 Charlotte Street
St Pauls Square
Birmingham
West Midlands
B3 1PX

ESCADEAN LIMITED (REGISTERED NUMBER: 00967972)

Balance Sheet
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 9,319 9,982

CURRENT ASSETS
Stocks 118,747 134,675
Debtors 5 365,270 316,231
484,017 450,906
CREDITORS
Amounts falling due within one year 6 446,469 414,321
NET CURRENT ASSETS 37,548 36,585
TOTAL ASSETS LESS CURRENT
LIABILITIES

46,867

46,567

PROVISIONS FOR LIABILITIES 1,768 1,896
NET ASSETS 45,099 44,671

CAPITAL AND RESERVES
Called up share capital 3 3
Retained earnings 45,096 44,668
45,099 44,671

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 6 September 2024 and were signed on its behalf by:



S P Brown - Director


ESCADEAN LIMITED (REGISTERED NUMBER: 00967972)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Escadean 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on reducing balance
Computer equipment - 15% on 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2022 - 8 ) .

ESCADEAN LIMITED (REGISTERED NUMBER: 00967972)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 January 2023 255,357 6,896 18,943 281,196
Additions 1,500 - - 1,500
At 31 December 2023 256,857 6,896 18,943 282,696
DEPRECIATION
At 1 January 2023 245,899 6,896 18,419 271,214
Charge for year 2,085 - 78 2,163
At 31 December 2023 247,984 6,896 18,497 273,377
NET BOOK VALUE
At 31 December 2023 8,873 - 446 9,319
At 31 December 2022 9,458 - 524 9,982

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 37,822 32,772
Amounts owed by group undertakings 304,700 272,588
Prepayments 22,748 10,871
365,270 316,231

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 306,024 311,661
Trade creditors 53,145 29,217
Amounts owed to group undertakings 20,014 21,450
Taxation and social security 29,623 22,368
Other creditors 37,663 29,625
446,469 414,321

7. RELATED PARTY DISCLOSURES

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.