1 February 2023 false No description of principal activity Taxfiler 2024.5 12384350business:PrivateLimitedCompanyLtd2023-02-012024-01-31 123843502023-01-31 123843502023-02-012024-01-31 12384350business:AuditExempt-NoAccountantsReport2023-02-012024-01-31 12384350business:FilletedAccounts2023-02-012024-01-31 123843502024-01-31 12384350business:Director12023-02-012024-01-31 12384350business:Director22023-02-012024-01-31 12384350business:Director32023-02-012024-01-31 12384350business:Director42023-02-012024-01-31 12384350business:RegisteredOffice2023-02-012024-01-31 123843502023-01-31 12384350core:WithinOneYear2024-01-31 12384350core:WithinOneYear2023-01-31 12384350core:AfterOneYear2024-01-31 12384350core:AfterOneYear2023-01-31 12384350core:ShareCapitalcore:PreviouslyStatedAmount2024-01-31 12384350core:ShareCapitalcore:PreviouslyStatedAmount2023-01-31 12384350core:RevaluationReservecore:PreviouslyStatedAmount2024-01-31 12384350core:RevaluationReservecore:PreviouslyStatedAmount2023-01-31 12384350core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-01-31 12384350core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-01-31 12384350core:PreviouslyStatedAmount2024-01-31 12384350core:PreviouslyStatedAmount2023-01-31 12384350business:SmallEntities2023-02-012024-01-31 12384350countries:EnglandWales2023-02-012024-01-31 12384350core:FurnitureFittings2023-01-31 12384350core:FurnitureFittings2023-02-012024-01-31 12384350core:FurnitureFittings2024-01-31 123843502022-02-012023-01-31 iso4217:GBP xbrli:pure
Company Registration No. 12384350 (England and Wales)
ESK Property Solutions Ltd Unaudited accounts for the year ended 31 January 2024
ESK Property Solutions Ltd Unaudited accounts Contents
Page
- 2 -
ESK Property Solutions Ltd Company Information for the year ended 31 January 2024
Directors
Samuel Robert Elgie Lisa Keiling Lester Paul Smith Patrica Helen PEGG
Company Number
12384350 (England and Wales)
Registered Office
UNIT 2 BURLEY HOUSE ROWDITCH PLACE DERBY DE22 3LR UNITED KINGDOM
- 3 -
ESK Property Solutions Ltd Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
87,248 
94,448 
Investment property
7,639,184 
5,733,477 
7,726,432 
5,827,925 
Current assets
Inventories
43,645 
53,830 
Debtors
1,133 
2,175 
Cash at bank and in hand
3,705 
214,490 
48,483 
270,495 
Creditors: amounts falling due within one year
(26,367)
(29,050)
Net current assets
22,116 
241,445 
Total assets less current liabilities
7,748,548 
6,069,370 
Creditors: amounts falling due after more than one year
(7,154,824)
(5,503,588)
Net assets
593,724 
565,782 
Capital and reserves
Called up share capital
120 
120 
Revaluation reserve
552,856 
543,745 
Profit and loss account
40,748 
21,917 
Shareholders' funds
593,724 
565,782 
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 directors acknowledge their 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 of Directors and authorised for issue on 17 October 2024 and were signed on its behalf by
Samuel Robert Elgie Director Company Registration No. 12384350
- 4 -
ESK Property Solutions Ltd Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
ESK Property Solutions Ltd is a private company, limited by shares, registered in England and Wales, registration number 12384350. The registered office is UNIT 2 BURLEY HOUSE, ROWDITCH PLACE, DERBY, DE22 3LR, UNITED KINGDOM.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 February 2023
94,448 
Disposals
(7,200)
At 31 January 2024
87,248 
Depreciation
At 31 January 2024
- 
Net book value
At 31 January 2024
87,248 
At 31 January 2023
94,448 
5
Investment property
2024 
£ 
Fair value at 1 February 2023
5,733,477 
Additions
2,281,597 
Disposals
(385,000)
Net gain from fair value adjustments
9,110 
At 31 January 2024
7,639,184 
- 5 -
ESK Property Solutions Ltd Notes to the Accounts for the year ended 31 January 2024
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
1,133 
2,175 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
25,167 
27,850 
Accruals
1,200 
1,200 
26,367 
29,050 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
5,266,764 
- 
Other creditors
- 
3,863,588 
Loans from directors
1,888,060 
1,640,000 
7,154,824 
5,503,588 
9
Average number of employees
During the year the average number of employees was 3 (2023: 3).
- 6 -