Registered number
04347492
ESL (UK) Ltd
Filleted Accounts
31 March 2024
ESL (UK) Ltd
Registered number: 04347492
Balance Sheet
as at 31 March 2024
Notes 2024 2023
£ £
Current assets
Debtors 3 8,984 14,801
Cash at bank and in hand 1,558 1,869
10,542 16,670
Creditors: amounts falling due within one year 4 (46,655) (51,946)
Net current liabilities (36,113) (35,276)
Total assets less current liabilities (36,113) (35,276)
Creditors: amounts falling due after more than one year 5 - (41,565)
Net liabilities (36,113) (76,841)
Capital and reserves
Called up share capital 1 1
Profit and loss account (36,114) (76,842)
Shareholder's funds (36,113) (76,841)
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
S O'Callaghan
Director
Approved by the board on 27 March 2025
ESL (UK) Ltd
Notes to the Accounts
for the year ended 31 March 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
The accounts have been prepared on a going concern basis which is dependent on the continuing support of the company's director and shareholder. The director has indicated his willingness to continue to provide this support for a period of at least one year from the date of signing these accounts.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. 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. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 0 1
3 Debtors 2024 2023
£ £
Trade debtors 8,984 14,801
4 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 7,945 9,747
Taxation and social security costs 6,525 19,144
Other creditors 32,185 23,055
46,655 51,946
5 Creditors: amounts falling due after one year 2024 2023
£ £
Other creditors - 41,565
6 Other information
ESL (UK) Ltd is a private company limited by shares and incorporated in England. Its registered office is:
1 Merton Park Parade
Kingston Road
London
SW19 3NT
ESL (UK) Ltd 04347492 false 2023-04-01 2024-03-31 2024-03-31 VT Final Accounts July 2024 S O'Callaghan No description of principal activity 04347492 2022-04-01 2023-03-31 04347492 core:WithinOneYear 2023-03-31 04347492 core:AfterOneYear 2023-03-31 04347492 core:ShareCapital 2023-03-31 04347492 core:RetainedEarningsAccumulatedLosses 2023-03-31 04347492 2023-04-01 2024-03-31 04347492 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 04347492 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 04347492 bus:Director40 2023-04-01 2024-03-31 04347492 1 2023-04-01 2024-03-31 04347492 2 2023-04-01 2024-03-31 04347492 countries:England 2023-04-01 2024-03-31 04347492 bus:FRS102 2023-04-01 2024-03-31 04347492 bus:FilletedAccounts 2023-04-01 2024-03-31 04347492 2024-03-31 04347492 core:WithinOneYear 2024-03-31 04347492 core:AfterOneYear 2024-03-31 04347492 core:ShareCapital 2024-03-31 04347492 core:RetainedEarningsAccumulatedLosses 2024-03-31 04347492 2023-03-31 iso4217:GBP xbrli:pure