2023-09-01 SC420115 2024-08-31 SC420115 2023-09-01 2024-08-31 SC420115 2023-08-31 SC420115 2022-09-01 2023-08-31 SC420115 uk-core:WithinOneYear 2023-08-31 SC420115 uk-core:WithinOneYear 2024-08-31 SC420115 uk-core:ShareCapital 2024-08-31 SC420115 uk-core:ShareCapital 2023-08-31 SC420115 uk-core:RetainedEarningsAccumulatedLosses 2024-08-31 SC420115 uk-core:RetainedEarningsAccumulatedLosses 2023-08-31 SC420115 uk-bus:Director1 2023-09-01 2024-08-31 SC420115 uk-core:TotalPropertyPlantEquipmentOtherThanExplorationEvaluationAssets 2023-09-01 2024-08-31 SC420115 uk-core:FurnitureFittingsToolsEquipment 2023-09-01 2024-08-31 SC420115 uk-core:TotalPropertyPlantEquipmentOtherThanExplorationEvaluationAssets 2023-08-31 SC420115 uk-core:FurnitureFittingsToolsEquipment 2023-08-31 SC420115 uk-core:FurnitureFittingsToolsEquipment 2024-08-31 SC420115 uk-core:TotalPropertyPlantEquipmentOtherThanExplorationEvaluationAssets 2024-08-31 SC420115 uk-core:WithinOneYear uk-core:Secured 2024-08-31 SC420115 uk-core:WithinOneYear uk-core:Secured 2023-08-31 iso4217:GBP xbrli:pure SC420115 uk-bus:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 SC420115 uk-bus:FRS102 2023-09-01 2024-08-31 SC420115 uk-bus:FullAccounts 2023-09-01 2024-08-31 SC420115 uk-bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31
Espress Oh! Limited
Registered Number:SC420115
For the year ended 31 August 2024
Scotland
Unaudited Financial Statements
2
For the year ended 31 August 2024
Espress Oh! Limited
Contents Page
1
Statement of Financial Position
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Notes to the Financial Statements
3
Registered Number :
SC420115
As at 31 August 2024
Espress Oh! Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
43,906
48,578
2
43,906
48,578
Current assets
Inventories
1,952
1,976
3
Trade and other receivables
12,696
9,968
4
333,316
Cash and cash equivalents
432,542
444,486
347,964
Trade and other payables: amounts falling due within one year
(201,409)
(256,957)
5
146,555
187,529
Net current assets
Total assets less current liabilities
231,435
195,133
(1,124)
(1,124)
Provisions for liabilities
230,311
Net assets
194,009
Capital and reserves
Called up share capital
2
2
Retained earnings
230,309
194,007
230,311
194,009
Shareholders' funds
For the year ended 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 of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Barry Thomson Director
These financial statements were approved and authorised for issue by the Board on 26 May 2025 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 August 2024
Espress Oh! Limited
Notes to the Financial Statements
Statutory Information
Espress Oh! Limited is a private limited company, limited by shares, domiciled in Scotland, registration number SC420115.
Registered address:
302 Perth Road
Dundee
DD2 1AU
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard 102 'The
Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have
been prepared under the historical costs convention as modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
5% Straight line
Tenants improvements
10% Reducing balance
Fixtures, fittings & equipment
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
2. Property, plant and equipment
Total
Tenants
improvements
Fixtures, fittings &
equipment
£
£
£
Cost or valuation
At 01 September 2023
125,329
36,857
88,472
At 31 August 2024
88,472
36,857
125,329
Provision for depreciation and impairment
At 01 September 2023
76,751
16,578
60,173
Charge for year
4,672
1,842
2,830
At 31 August 2024
81,423
18,420
63,003
At 31 August 2024
Net book value
25,469
18,437
43,906
At 31 August 2023
28,299
20,279
48,578
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5
For the year ended 31 August 2024
Espress Oh! Limited
Notes to the Financial Statements Continued
3. Inventories
2023
2024
£
£
Stocks
1,976
1,952
4. Trade and other receivables
2023
2024
£
£
Other debtors
9,968
12,696
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Bank loans and overdraft (secured)
17,800
20,000
Taxation and social security
60,075
37,077
Other creditors
179,082
144,332
256,957
201,409
6. Average number of persons employed
During the year the average number of employees was 12 (2023 : 10)
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