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REGISTERED NUMBER: 06595967 (England and Wales)















ES&A PROPERTIES LIMITED

Unaudited Financial Statements for the Year Ended 31 May 2024






ES&A PROPERTIES LIMITED (REGISTERED NUMBER: 06595967)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

ES&A PROPERTIES LIMITED

Company Information
for the Year Ended 31 May 2024







DIRECTORS: Dr E Acheampong
A M O'Brien





REGISTERED OFFICE: 32 Botany Drive
Upper Gornal
Dudley
West Midlands
DY3 3XT





REGISTERED NUMBER: 06595967 (England and Wales)





ACCOUNTANTS: Lancaster Haskins Limited
Granville House
2 Tettenhall Road
Wolverhampton
West Midlands
WV1 4SB

ES&A PROPERTIES LIMITED (REGISTERED NUMBER: 06595967)

Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 400,000 400,000

CURRENT ASSETS
Debtors 5 627 473
Cash at bank 544 242
1,171 715
CREDITORS
Amounts falling due within one year 6 301,806 286,565
NET CURRENT LIABILITIES (300,635 ) (285,850 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

99,365

114,150

CREDITORS
Amounts falling due after more than one
year

7

94,363

110,095
NET ASSETS 5,002 4,055

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 8 (29,031 ) (29,031 )
Retained earnings 33,933 32,986
SHAREHOLDERS' FUNDS 5,002 4,055

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 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 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.

ES&A PROPERTIES LIMITED (REGISTERED NUMBER: 06595967)

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.

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 24 February 2025 and were signed on its behalf by:





A M O'Brien - Director


ES&A PROPERTIES LIMITED (REGISTERED NUMBER: 06595967)

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


1. STATUTORY INFORMATION

ES&A Properties 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

Turnover
Turnover represents rents receivable, excluding value added tax and is recognised at the point of service delivery.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non convertible preference shares or non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.

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.

Going concern
The financial statements have been prepared on the going concern basis which assumes continued support from the directors.

ES&A PROPERTIES LIMITED (REGISTERED NUMBER: 06595967)

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 2 (2023 - 2 ) .

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 June 2023
and 31 May 2024 400,000
NET BOOK VALUE
At 31 May 2024 400,000
At 31 May 2023 400,000

The investment property has been valued on open market basis at 31st May 2024 by the directors.

Fair value at 31 May 2024 is represented by:
£   
Valuation in 2016 (106,733 )
Valuation in 2021 27,700
Valuation in 2022 50,000
Cost 429,033
400,000

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Prepayments 627 473

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Bank loans and overdrafts 15,600 15,600
VAT 322 1,566
Other creditors 242,320 225,983
Directors' current accounts 42,466 42,466
Accrued expenses 1,098 950
301,806 286,565

ES&A PROPERTIES LIMITED (REGISTERED NUMBER: 06595967)

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


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.5.24 31.5.23
£    £   
Bank loans - 1-2 years 15,600 15,600
Bank loans - 2-5 years 46,800 46,800
Bank loans more 5 yr by instal 31,963 47,695
94,363 110,095

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 31,963 47,695

8. RESERVES
Fair
value
reserve
£   
At 1 June 2023
and 31 May 2024 (29,031 )

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is the directors.

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
ES&A Properties Limited


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of ES&A Properties Limited for the year ended 31 May 2024 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of ES&A Properties Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of ES&A Properties Limited and state those matters that we have agreed to state to the Board of Directors of ES&A Properties Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than ES&A Properties Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that ES&A Properties Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of ES&A Properties Limited. You consider that ES&A Properties Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of ES&A Properties Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Lancaster Haskins Limited
Granville House
2 Tettenhall Road
Wolverhampton
West Midlands
WV1 4SB


24 February 2025