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Company Registration No. 12827757 (England and Wales)
E SPIRIT METALS LIMITED Unaudited accounts for the year ended 31 August 2024
E SPIRIT METALS LIMITED Unaudited accounts Contents
Page
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E SPIRIT METALS LIMITED Company Information for the year ended 31 August 2024
Director
Inshrah Mohamed Abubakar-Abdalla
Company Number
12827757 (England and Wales)
Registered Office
2 Frederick Street Kings Cross London WC1X 0ND England
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E SPIRIT METALS LIMITED Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
10,800 
12,600 
Tangible assets
9,578 
11,173 
20,378 
23,773 
Current assets
Inventories
18,257 
13,793 
Debtors
16,830 
13,104 
Cash at bank and in hand
8,400 
9,372 
43,487 
36,269 
Creditors: amounts falling due within one year
(142,241)
(156,270)
Net current liabilities
(98,754)
(120,001)
Net liabilities
(78,376)
(96,228)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(78,377)
(96,229)
Shareholders' funds
(78,376)
(96,228)
For the year ending 31 August 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 her 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 1 September 2024 and were signed on its behalf by
Inshrah Mohamed Abubakar-Abdalla Director Company Registration No. 12827757
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E SPIRIT METALS LIMITED Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
E SPIRIT METALS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12827757. The registered office is 2 Frederick Street, Kings Cross, London, WC1X 0ND, England.
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:
Plant & machinery
10
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 September 2023
18,000 
At 31 August 2024
18,000 
Amortisation
At 1 September 2023
5,400 
Charge for the year
1,800 
At 31 August 2024
7,200 
Net book value
At 31 August 2024
10,800 
At 31 August 2023
12,600 
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E SPIRIT METALS LIMITED Notes to the Accounts for the year ended 31 August 2024
5
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 September 2023
15,958 
At 31 August 2024
15,958 
Depreciation
At 1 September 2023
4,785 
Charge for the year
1,595 
At 31 August 2024
6,380 
Net book value
At 31 August 2024
9,578 
At 31 August 2023
11,173 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
16,830 
13,104 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
17,254 
18,946 
Trade creditors
42,937 
48,719 
Taxes and social security
15,288 
19,257 
Other creditors
28,727 
27,043 
Loans from directors
12,527 
17,930 
Accruals
25,508 
24,375 
142,241 
156,270 
8
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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