IRIS Accounts Production v24.2.0.383 07096098 Board of Directors 1.1.23 31.12.23 31.12.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh070960982022-12-31070960982023-12-31070960982023-01-012023-12-31070960982021-12-31070960982022-01-012022-12-31070960982022-12-3107096098ns15:EnglandWales2023-01-012023-12-3107096098ns14:PoundSterling2023-01-012023-12-3107096098ns10:Director12023-01-012023-12-3107096098ns10:CompanyLimitedByGuarantee2023-01-012023-12-3107096098ns10:SmallEntities2023-01-012023-12-3107096098ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3107096098ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3107096098ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3107096098ns10:FullAccounts2023-01-012023-12-3107096098ns10:Director22023-01-012023-12-3107096098ns10:Director32023-01-012023-12-3107096098ns10:RegisteredOffice2023-01-012023-12-3107096098ns5:CurrentFinancialInstruments2023-12-3107096098ns5:CurrentFinancialInstruments2022-12-3107096098ns5:Non-currentFinancialInstruments2023-12-3107096098ns5:Non-currentFinancialInstruments2022-12-3107096098ns5:RevaluationReserve2023-12-3107096098ns5:RevaluationReserve2022-12-3107096098ns5:RetainedEarningsAccumulatedLosses2023-12-3107096098ns5:RetainedEarningsAccumulatedLosses2022-12-3107096098ns5:LandBuildingsns5:OwnedOrFreeholdAssets2023-01-012023-12-3107096098ns5:PlantMachinery2023-01-012023-12-3107096098ns5:FurnitureFittings2023-01-012023-12-3107096098ns5:ComputerEquipment2023-01-012023-12-3107096098ns5:LandBuildings2022-12-3107096098ns5:PlantMachinery2022-12-3107096098ns5:FurnitureFittings2022-12-3107096098ns5:ComputerEquipment2022-12-3107096098ns5:LandBuildings2023-01-012023-12-3107096098ns5:LandBuildings2023-12-3107096098ns5:PlantMachinery2023-12-3107096098ns5:FurnitureFittings2023-12-3107096098ns5:ComputerEquipment2023-12-3107096098ns5:LandBuildings2022-12-3107096098ns5:PlantMachinery2022-12-3107096098ns5:FurnitureFittings2022-12-3107096098ns5:ComputerEquipment2022-12-3107096098ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-3107096098ns5:WithinOneYearns5:CurrentFinancialInstruments2022-12-3107096098ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2023-12-3107096098ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2022-12-3107096098ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-12-3107096098ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2022-12-3107096098ns5:Secured2023-12-3107096098ns5:Secured2022-12-3107096098ns5:RevaluationReserve2022-12-31
REGISTERED NUMBER: 07096098 (England and Wales)




UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

ESH WORKS LTD

ESH WORKS LTD (REGISTERED NUMBER: 07096098)






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


ESH WORKS LTD

COMPANY INFORMATION
for the year ended 31 December 2023







DIRECTORS: Ms S E Shilton
P D Urmston
Mrs M J Walsh





REGISTERED OFFICE: Holt Cottage Farm
Welsh Road East
Southam
Warwickshire
CV47 1NJ





REGISTERED NUMBER: 07096098 (England and Wales)





ACCOUNTANTS: LDP Luckmans
1110 Elliott Court
Coventry Business Park
Herald Avenue
Coventry
West Midlands
CV5 6UB

ESH WORKS LTD (REGISTERED NUMBER: 07096098)

BALANCE SHEET
31 December 2023

2023 2022
as restated
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,449,836 1,452,542

CURRENT ASSETS
Debtors 5 33,199 6,600
Cash at bank and in hand 110,648 96,406
143,847 103,006
CREDITORS
Amounts falling due within one year 6 92,118 32,169
NET CURRENT ASSETS 51,729 70,837
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,501,565

1,523,379

CREDITORS
Amounts falling due after more than one
year

7

(104,562

)

(120,591

)

PROVISIONS FOR LIABILITIES (158,504 ) (120,463 )

ACCRUALS AND DEFERRED INCOME 9 (588,649 ) (639,836 )
NET ASSETS 649,850 642,489

RESERVES
Revaluation reserve 10 475,513 513,554
Income and expenditure account 174,337 128,935
649,850 642,489

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 surplus or deficit 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.

ESH WORKS LTD (REGISTERED NUMBER: 07096098)

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 Board of Directors and authorised for issue on 25 September 2024 and were signed on its behalf by:





P D Urmston - Director


ESH WORKS LTD (REGISTERED NUMBER: 07096098)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 December 2023

1. STATUTORY INFORMATION

ESH Works Ltd is a private company, limited by guarantee , 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.
Freehold property - Straight line
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

Government grants
Grants are recognised as income for revenue grants and are recognised as revenue in line with the use of the asset for capital grants, which are otherwise deferred.

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 17 (2022 - 13 ) .

ESH WORKS LTD (REGISTERED NUMBER: 07096098)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 December 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and Computer
property machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1 January 2023 1,436,574 6,499 14,650 43,401 1,501,124
Additions - - - 1,372 1,372
At 31 December 2023 1,436,574 6,499 14,650 44,773 1,502,496
DEPRECIATION
At 1 January 2023 - 3,757 8,022 36,803 48,582
Charge for year - 686 1,657 1,735 4,078
At 31 December 2023 - 4,443 9,679 38,538 52,660
NET BOOK VALUE
At 31 December 2023 1,436,574 2,056 4,971 6,235 1,449,836
At 31 December 2022 1,436,574 2,742 6,628 6,598 1,452,542

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
as restated
£    £   
Trade debtors 27,375 6,600
Other debtors 2,467 -
Prepayments 3,357 -
33,199 6,600

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
as restated
£    £   
Bank loans and overdrafts 12,947 16,938
Trade creditors 19,631 1,673
Tax 11,996 7,337
Social security and other taxes 5,645 4,496
Other creditors 1,844 -
Directors' current accounts 225 225
Accrued expenses 39,830 1,500
92,118 32,169

ESH WORKS LTD (REGISTERED NUMBER: 07096098)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 December 2023

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
as restated
£    £   
Bank loans - 1-2 years 104,562 113,406
Bank loans - 2-5 years - 7,185
104,562 120,591

8. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
as restated
£    £   
Bank loans 116,700 137,529

The bank loan is secured over the freehold property.

9. ACCRUALS AND DEFERRED INCOME
2023 2022
as restated
£    £   
Public Health England 588,649 639,836

Accruals and Deferred Income includes capital grants in relation to the purchase of the rehabilitation property at Holt Cottage Farm, Welsh Road East, Southam, Warwickshire CV47 1NJ. These grants are being written down over the useful life of the asset.

10. RESERVES
Revaluation
reserve
£   
At 1 January 2023 513,554
Revaluation movements (38,041 )

At 31 December 2023 475,513

11. RELATED PARTY DISCLOSURES

During the year, payments were made to directors of £6,141 (2022: £6,184) for bookkeeping services.