Company Registration No. 12411762 (England and Wales)
ESA Housewares Ltd
Unaudited accounts
for the year ended 31 January 2024
ESA Housewares Ltd
Unaudited accounts
Contents
ESA Housewares Ltd
Company Information
for the year ended 31 January 2024
Company Number
12411762 (England and Wales)
Registered Office
154 HIGH STREET
LONDON
SE20 7EU
ENGLAND
Accountants
Yahya Accountancy
16A St.Annes Road
Headingley
Leeds
LS6 3NX
ESA Housewares Ltd
Statement of financial position
as at 31 January 2024
Tangible assets
246,528
266,253
Cash at bank and in hand
11,929
(3,353)
Creditors: amounts falling due within one year
(186,067)
(109,421)
Net current liabilities
(151,688)
(101,581)
Total assets less current liabilities
102,340
164,672
Creditors: amounts falling due after more than one year
(15,661)
(108,719)
Called up share capital
100
100
Profit and loss account
86,579
55,853
Shareholders' funds
86,679
55,953
For the year ending 31 January 2024 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 23 October 2024 and were signed on its behalf by
Nasrat Nasery
Director
Company Registration No. 12411762
ESA Housewares Ltd
Notes to the Accounts
for the year ended 31 January 2024
ESA Housewares Ltd is a private company, limited by shares, registered in England and Wales, registration number 12411762. The registered office is 154 HIGH STREET, LONDON, SE20 7EU, 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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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.
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:
Land & buildings
No Depreciation
Motor vehicles
18% on reducing balance method
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Goodwill is amortised using the straight line method, over four years.
4
Intangible fixed assets
Goodwill
ESA Housewares Ltd
Notes to the Accounts
for the year ended 31 January 2024
5
Tangible fixed assets
Land & buildings
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 February 2023
260,000
9,300
269,300
Additions
(18,599)
-
(18,599)
At 31 January 2024
241,401
9,300
250,701
At 1 February 2023
-
3,047
3,047
Charge for the year
-
1,126
1,126
At 31 January 2024
-
4,173
4,173
At 31 January 2024
241,401
5,127
246,528
At 31 January 2023
260,000
6,253
266,253
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
10,119
-
Trade creditors
14,807
12,311
Taxes and social security
8,168
11,350
Loans from directors
148,416
69,642
8
Creditors: amounts falling due after more than one year
2024
2023
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).