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Company Registration No. 13873330 (England and Wales)
ESP TRADE LIMITED Unaudited accounts for the year ended 31 January 2024
ESP TRADE LIMITED Unaudited accounts Contents
Page
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ESP TRADE LIMITED Company Information for the year ended 31 January 2024
Director
KATHIRGAMANATHAN ESWARAN
Company Number
13873330 (England and Wales)
Registered Office
209 THE HEIGHTS NORTHOLT MIDDLESEX UB5 4BX UNITED KINGDOM
Accountants
IRTS Business Solutions Limited 209 The Heights Northolt Middlesex UB5 4BX
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ESP TRADE LIMITED Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
9,000 
10,000 
Tangible assets
17,678 
21,548 
26,678 
31,548 
Current assets
Inventories
60,235 
49,460 
Debtors
1,302 
- 
Cash at bank and in hand
16,027 
7,708 
77,564 
57,168 
Creditors: amounts falling due within one year
(86,514)
(80,491)
Net current liabilities
(8,950)
(23,323)
Net assets
17,728 
8,225 
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
16,728 
7,225 
Shareholders' funds
17,728 
8,225 
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 17 July 2024 and were signed on its behalf by
KATHIRGAMANATHAN ESWARAN Director Company Registration No. 13873330
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ESP TRADE LIMITED Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
ESP TRADE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13873330. The registered office is 209 THE HEIGHTS, NORTHOLT, MIDDLESEX, UB5 4BX, 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.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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:
Plant & machinery
20%
Fixtures & fittings
20%
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 February 2023
10,000 
At 31 January 2024
10,000 
Amortisation
At 1 February 2023
- 
Charge for the year
1,000 
At 31 January 2024
1,000 
Net book value
At 31 January 2024
9,000 
At 31 January 2023
10,000 
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ESP TRADE LIMITED Notes to the Accounts for the year ended 31 January 2024
5
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 February 2023
16,935 
10,000 
26,935 
Additions
- 
550 
550 
At 31 January 2024
16,935 
10,550 
27,485 
Depreciation
At 1 February 2023
3,387 
2,000 
5,387 
Charge for the year
2,710 
1,710 
4,420 
At 31 January 2024
6,097 
3,710 
9,807 
Net book value
At 31 January 2024
10,838 
6,840 
17,678 
At 31 January 2023
13,548 
8,000 
21,548 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
1,302 
- 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
1,940 
419 
Trade creditors
6,383 
10,322 
Taxes and social security
3,996 
33 
Other creditors
1,956 
969 
Loans from directors
72,239 
68,748 
86,514 
80,491 
8
Average number of employees
During the year the average number of employees was 2 (2023: 1).
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