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REGISTERED NUMBER: 06290836 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Escocesa Limited

Escocesa Limited (Registered number: 06290836)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Escocesa Limited

Company Information
for the Year Ended 31 December 2023







DIRECTOR: S Lironi





SECRETARY: Ms C P Grogan





REGISTERED OFFICE: 14 Amherst Avenue
London
W13 8NQ





REGISTERED NUMBER: 06290836 (England and Wales)





ACCOUNTANTS: Shaw Accounting Services Limited
14 Amherst Avenue
London
W13 8NQ

Escocesa Limited (Registered number: 06290836)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,939 1

CURRENT ASSETS
Stocks 5,000 5,000
Debtors 5 561,990 528,757
Cash at bank and in hand 40,160 49,795
607,150 583,552
CREDITORS
Amounts falling due within one year 6 248,287 273,422
NET CURRENT ASSETS 358,863 310,130
TOTAL ASSETS LESS CURRENT
LIABILITIES

360,802

310,131

CREDITORS
Amounts falling due after more than one
year

7

23,172

35,421
NET ASSETS 337,630 274,710

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 337,629 274,709
SHAREHOLDERS' FUNDS 337,630 274,710

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 director acknowledges his 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.

Escocesa Limited (Registered number: 06290836)

Balance Sheet - continued
31 December 2023


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 director and authorised for issue on 18 September 2024 and were signed by:





S Lironi - Director


Escocesa Limited (Registered number: 06290836)

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

1. STATUTORY INFORMATION

Escocesa 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.

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.
Short leasehold - in accordance with the property
Plant and machinery - 20% on cost

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 15 (2022 - 16 ) .

Escocesa Limited (Registered number: 06290836)

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

4. TANGIBLE FIXED ASSETS
Short Plant and
leasehold machinery Totals
£    £    £   
COST
At 1 January 2023 60,068 159,268 219,336
Additions - 2,584 2,584
At 31 December 2023 60,068 161,852 221,920
DEPRECIATION
At 1 January 2023 60,068 159,267 219,335
Charge for year - 646 646
At 31 December 2023 60,068 159,913 219,981
NET BOOK VALUE
At 31 December 2023 - 1,939 1,939
At 31 December 2022 - 1 1

5. DEBTORS
31.12.23 31.12.22
£    £   
Amounts falling due within one year:
Other debtors 17,500 17,500

Amounts falling due after more than one year:
Amounts owed by group undertakings 544,490 511,257

Aggregate amounts 561,990 528,757

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans and overdrafts 10,200 10,000
Trade creditors 27,315 36,640
Taxation and social security 66,029 88,241
Other creditors 144,743 138,541
248,287 273,422

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.23 31.12.22
£    £   
Bank loans 23,172 35,421