IRIS Accounts Production v24.3.2.46 02939365 Board of Directors 1.8.23 31.7.24 31.7.24 true false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh029393652023-07-31029393652024-07-31029393652023-08-012024-07-31029393652022-07-31029393652022-08-012023-07-31029393652023-07-3102939365ns15:EnglandWales2023-08-012024-07-3102939365ns14:PoundSterling2023-08-012024-07-3102939365ns10:Director12023-08-012024-07-3102939365ns10:PrivateLimitedCompanyLtd2023-08-012024-07-3102939365ns10:SmallEntities2023-08-012024-07-3102939365ns10:AuditExemptWithAccountantsReport2023-08-012024-07-3102939365ns10:SmallCompaniesRegimeForDirectorsReport2023-08-012024-07-3102939365ns10:SmallCompaniesRegimeForAccounts2023-08-012024-07-3102939365ns10:FullAccounts2023-08-012024-07-3102939365ns10:Director22023-08-012024-07-3102939365ns10:Director32023-08-012024-07-3102939365ns10:Director42023-08-012024-07-3102939365ns10:Director52023-08-012024-07-3102939365ns10:Director62023-08-012024-07-3102939365ns10:Director72023-08-012024-07-3102939365ns10:CompanySecretary12023-08-012024-07-3102939365ns10:RegisteredOffice2023-08-012024-07-3102939365ns5:CurrentFinancialInstruments2024-07-3102939365ns5:CurrentFinancialInstruments2023-07-3102939365ns5:ShareCapital2024-07-3102939365ns5:ShareCapital2023-07-3102939365ns5:SharePremium2024-07-3102939365ns5:SharePremium2023-07-3102939365ns5:CapitalRedemptionReserve2024-07-3102939365ns5:CapitalRedemptionReserve2023-07-3102939365ns5:RetainedEarningsAccumulatedLosses2024-07-3102939365ns5:RetainedEarningsAccumulatedLosses2023-07-3102939365ns5:LeaseholdImprovements2023-08-012024-07-3102939365ns5:PlantMachinery2023-08-012024-07-3102939365ns5:FurnitureFittings2023-08-012024-07-3102939365ns5:MotorVehicles2023-08-012024-07-3102939365ns5:ComputerEquipment2023-08-012024-07-3102939365ns5:PlantMachinery2023-07-3102939365ns5:PlantMachinery2024-07-3102939365ns5:PlantMachinery2023-07-3102939365ns5:CostValuation2023-07-3102939365ns5:AdditionsToInvestments2024-07-3102939365ns5:DisposalsRepaymentsInvestments2024-07-3102939365ns5:RevaluationsIncreaseDecreaseInInvestments2024-07-3102939365ns5:CostValuation2024-07-3102939365ns5:WithinOneYearns5:CurrentFinancialInstruments2024-07-3102939365ns5:WithinOneYearns5:CurrentFinancialInstruments2023-07-3102939365ns5:WithinOneYear2024-07-3102939365ns5:WithinOneYear2023-07-3102939365ns5:BetweenOneFiveYears2024-07-3102939365ns5:BetweenOneFiveYears2023-07-3102939365ns5:AllPeriods2024-07-3102939365ns5:AllPeriods2023-07-31
REGISTERED NUMBER: 02939365 (England and Wales)
















Financial Statements

for the Year Ended 31 July 2024

for

E E S I Limited

E E S I Limited (Registered number: 02939365)

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










Page

Company Information 1

Report of the Accountants 2

Balance Sheet 3

Notes to the Financial Statements 5


E E S I Limited

Company Information
for the Year Ended 31 July 2024







DIRECTORS: Mr M N Gardiner
Mrs A D Gardiner
Mr D T Jarman
Mr S Farthing
Mr B Durn
Mr D J Hyett
Ms J Beckerleg





SECRETARY: Mrs A J Grant





REGISTERED OFFICE: Unit 4 Springfield Business Centre
Brunel Way
Stonehouse
Gloucestershire
GL10 3SX





REGISTERED NUMBER: 02939365 (England and Wales)





ACCOUNTANTS: Xeinadin South Wales & West Limited
701 Stonehouse Park
Sperry Way
Stonehouse
Gloucestershire
GL10 3UT

E E S I Limited

Report of the Accountants to the Directors of
E E S I 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 and the related notes from the company's accounting records and from information and explanations you have given us.

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

It is your duty to ensure that the Company 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. You consider that the Company 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 the Company. 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.






Xeinadin South Wales & West Limited


10 April 2025

E E S I Limited (Registered number: 02939365)

Balance Sheet
31 July 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 30,513 24,876
Investments 5 267,571 237,390
298,084 262,266

CURRENT ASSETS
Stocks 4,177 4,200
Debtors 6 2,233,916 2,137,260
Cash at bank and in hand 2,135,351 1,318,449
4,373,444 3,459,909
CREDITORS
Amounts falling due within one year 7 1,628,126 1,280,914
NET CURRENT ASSETS 2,745,318 2,178,995
TOTAL ASSETS LESS CURRENT LIABILITIES 3,043,402 2,441,261

PROVISIONS FOR LIABILITIES 17,010 13,110
NET ASSETS 3,026,392 2,428,151

CAPITAL AND RESERVES
Called up share capital 830 830
Share premium 61,700 61,700
Capital redemption reserve 170 170
Retained earnings 2,963,692 2,365,451
SHAREHOLDERS' FUNDS 3,026,392 2,428,151

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

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

E E S I Limited (Registered number: 02939365)

Balance Sheet - continued
31 July 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 10 April 2025 and were signed on its behalf by:





Ms J Beckerleg - Director


E E S I Limited (Registered number: 02939365)

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


1. STATUTORY INFORMATION

E E S I 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 as modified by the revaluation of certain assets.

Turnover
In accordance with UITF Abstract 40, "Revenue Recognition and Service Contracts", turnover is recognised as earned, when and to the extent that, the company obtains the right to consideration by performance of its contractual obligations. Turnover is measured at the fair value of the right to consideration including expenses but excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Office equipment - 25% on cost
Plant and machinery - 25% on cost
Fixtures and fittings - 15% on cost
Motor vehicles - 25% on cost
Computer equipment - 33% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Work in progress is valued to reflect the accrual of the right to consideration as contract activity progresses.

Cost includes all direct expenditure.

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.


E E S I Limited (Registered number: 02939365)

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


2. ACCOUNTING POLICIES - continued
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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 70 (2023 - 70 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2023 170,454
Additions 17,257
At 31 July 2024 187,711
DEPRECIATION
At 1 August 2023 145,578
Charge for year 11,620
At 31 July 2024 157,198
NET BOOK VALUE
At 31 July 2024 30,513
At 31 July 2023 24,876

E E S I Limited (Registered number: 02939365)

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


5. FIXED ASSET INVESTMENTS
Shares in
group Other
undertakings investments Totals
£    £    £   
COST OR VALUATION
At 1 August 2023 1 237,389 237,390
Additions - 6,191 6,191
Disposals - (5,140 ) (5,140 )
Revaluations - 29,130 29,130
At 31 July 2024 1 267,570 267,571
NET BOOK VALUE
At 31 July 2024 1 267,570 267,571
At 31 July 2023 1 237,389 237,390

Cost or valuation at 31 July 2024 is represented by:

Shares in
group Other
undertakings investments Totals
£    £    £   
Valuation in 2019 - (100 ) (100 )
Valuation in 2020 - (21,583 ) (21,583 )
Valuation in 2021 - 31,339 31,339
Valuation in 2022 - 1,163 1,163
Valuation in 2023 - 6,595 6,595
Valuation in 2024 - 29,129 29,129
Cost 1 221,027 221,028
1 267,570 267,571

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 1,588,139 1,406,333
Amounts recoverable on contract 434,010 618,141
Other debtors 211,767 112,786
2,233,916 2,137,260

E E S I Limited (Registered number: 02939365)

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


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 599,374 574,695
Amounts owed to group undertakings 50,000 50,000
Taxation and social security 673,801 394,365
Other creditors 304,951 261,854
1,628,126 1,280,914

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 232,467 238,298
Between one and five years 420,311 582,734
652,778 821,032

9. RELATED PARTY DISCLOSURES

The company provided goods and services to the value of £869 (2023: £10,866) to the directors MN & AD Gardiner, £11,573 (2023: £75,771) to the director D Jarman, £445 (2023: £225) to the director S Farthing, £103 (2023: £20) to the director D Hyett, £5,367 (2023: £1,980) to the director J Beckerleg and £121 (2023:Nil) to the director B Durn. All goods and services were provided at cost price.