IRIS Accounts Production v24.3.0.553 08070809 director 1.6.23 31.5.24 31.5.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh080708092023-05-31080708092024-05-31080708092023-06-012024-05-31080708092022-05-31080708092022-06-012023-05-31080708092023-05-3108070809ns15:EnglandWales2023-06-012024-05-3108070809ns14:PoundSterling2023-06-012024-05-3108070809ns10:Director12023-06-012024-05-3108070809ns10:PrivateLimitedCompanyLtd2023-06-012024-05-3108070809ns10:SmallEntities2023-06-012024-05-3108070809ns10:AuditExempt-NoAccountantsReport2023-06-012024-05-3108070809ns10:SmallCompaniesRegimeForDirectorsReport2023-06-012024-05-3108070809ns10:SmallCompaniesRegimeForAccounts2023-06-012024-05-3108070809ns10:AbridgedAccounts2023-06-012024-05-310807080912023-06-012024-05-3108070809ns10:CompanySecretary12023-06-012024-05-3108070809ns10:RegisteredOffice2023-06-012024-05-3108070809ns5:CurrentFinancialInstruments2024-05-3108070809ns5:CurrentFinancialInstruments2023-05-3108070809ns5:ShareCapital2024-05-3108070809ns5:ShareCapital2023-05-3108070809ns5:RetainedEarningsAccumulatedLosses2024-05-3108070809ns5:RetainedEarningsAccumulatedLosses2023-05-3108070809ns5:NetGoodwill2023-06-012024-05-3108070809ns5:IntangibleAssetsOtherThanGoodwill2023-06-012024-05-3108070809ns5:PlantMachinery2023-06-012024-05-3108070809ns5:WithinOneYear2024-05-3108070809ns5:WithinOneYear2023-05-3108070809ns5:BetweenOneFiveYears2024-05-3108070809ns5:BetweenOneFiveYears2023-05-3108070809ns5:AllPeriods2024-05-3108070809ns5:AllPeriods2023-05-31080708091ns10:Director12023-05-31080708091ns10:Director12022-05-31080708091ns10:Director12023-06-012024-05-31080708091ns10:Director12022-06-012023-05-31080708091ns10:Director12024-05-31080708091ns10:Director12023-05-31
REGISTERED NUMBER: 08070809 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2024

for

Erskine Nash Associates Limited

Erskine Nash Associates Limited (Registered number: 08070809)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Erskine Nash Associates Limited

Company Information
for the Year Ended 31 May 2024







DIRECTOR: S Riches





SECRETARY:





REGISTERED OFFICE: 22 Burcote Road
London
SW18 3LQ





REGISTERED NUMBER: 08070809 (England and Wales)





ACCOUNTANTS: PennyBooks Limited
Unit 111, The Light Bulb
1 Filament Walk
London
SW18 4GQ

Erskine Nash Associates Limited (Registered number: 08070809)

Abridged Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 3,330 3,995
3,330 3,995

CURRENT ASSETS
Debtors 74,415 16,035
Prepayments and accrued income 313 313
Cash at bank 157,782 142,792
232,510 159,140
CREDITORS
Amounts falling due within one year 66,746 24,355
NET CURRENT ASSETS 165,764 134,785
TOTAL ASSETS LESS CURRENT
LIABILITIES

169,094

138,780

PROVISIONS FOR LIABILITIES 822 985
NET ASSETS 168,272 137,795

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 168,172 137,695
SHAREHOLDERS' FUNDS 168,272 137,795

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 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.

Erskine Nash Associates Limited (Registered number: 08070809)

Abridged Balance Sheet - continued
31 May 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 May 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 November 2024 and were signed by:





S Riches - Director


Erskine Nash Associates Limited (Registered number: 08070809)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

Erskine Nash Associates 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 etc - 25% on cost

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.

Erskine Nash Associates Limited (Registered number: 08070809)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 June 2023
and 31 May 2024 75,000
AMORTISATION
At 1 June 2023
and 31 May 2024 75,000
NET BOOK VALUE

At 31 May 2024 -
At 31 May 2023 -

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 June 2023 14,146
Additions 1,023
At 31 May 2024 15,169
DEPRECIATION
At 1 June 2023 10,151
Charge for year 1,688
At 31 May 2024 11,839
NET BOOK VALUE
At 31 May 2024 3,330
At 31 May 2023 3,995

6. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.5.24 31.5.23
£    £   
Within one year 5,424 5,424
Between one and five years - 5,424
5,424 10,848

Erskine Nash Associates Limited (Registered number: 08070809)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 May 2024 and 31 May 2023:

31.5.24 31.5.23
£    £   
S Riches
Balance outstanding at start of year (274 ) -
Amounts advanced (312 ) (274 )
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (586 ) (274 )

8. ULTIMATE CONTROLLING PARTY

The controlling party is S Riches.