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REGISTERED NUMBER: 03523822 (England and Wales)








Unaudited Financial Statements

for the Year Ended 31 March 2025

for

The Escape Design Company Limited

The Escape Design Company Limited (Registered number: 03523822)

Contents of the Financial Statements
for the Year Ended 31 March 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


The Escape Design Company Limited

Company Information
for the Year Ended 31 March 2025







DIRECTOR: I A Mumford





REGISTERED OFFICE: 3rd Floor
St. Clement House
Alencon Link
Basingstoke
Hampshire
RG21 7SB





REGISTERED NUMBER: 03523822 (England and Wales)





ACCOUNTANTS: Lane Monnington Welton
Chartered Accountants
Riverside View
Basing Road
Old Basing
Basingstoke
Hampshire
RG24 7AL

The Escape Design Company Limited (Registered number: 03523822)

Balance Sheet
31 March 2025

31.3.25 31.3.24
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 97,129 47,222
97,129 47,222

CURRENT ASSETS
Stocks - 2,875
Debtors 6 693,472 414,986
Cash at bank and in hand 126,987 324,343
820,459 742,204
CREDITORS
Amounts falling due within one year 7 680,621 540,176
NET CURRENT ASSETS 139,838 202,028
TOTAL ASSETS LESS CURRENT
LIABILITIES

236,967

249,250

CREDITORS
Amounts falling due after more than one
year

8

(82,533

)

(64,879

)

PROVISIONS FOR LIABILITIES 11 (24,072 ) (9,155 )
NET ASSETS 130,362 175,216

CAPITAL AND RESERVES
Called up share capital 12 1,000 1,000
Capital redemption reserve 2 2
Retained earnings 129,360 174,214
SHAREHOLDERS' FUNDS 130,362 175,216

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

The Escape Design Company Limited (Registered number: 03523822)

Balance Sheet - continued
31 March 2025


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 2 June 2025 and were signed by:





I A Mumford - Director


The Escape Design Company Limited (Registered number: 03523822)

Notes to the Financial Statements
for the Year Ended 31 March 2025


1. STATUTORY INFORMATION

The Escape Design Company 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2005, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Financial instruments
Debtors and creditors payable/receivable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Loans and borrowings
Loans and borrowings are initially recognised at the transaction price, including transaction costs. Subsequently they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.


The Escape Design Company Limited (Registered number: 03523822)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025


2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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, adjusted for indexation where applicable.

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.

Impairment
Assets not measured at fair value are reviewed for any indication that an asset may be impaired at each balance sheet date. The directors review the carrying amount of the relevant assets and compare them to their market values and recoverable amounts. Where the carrying amount exceeds this, an impairment loss is recognised in profit or loss, unless the asset is carried at a revalued amount, where the impairment loss is a revaluation decrease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 17 (2024 - 18 ) .

The Escape Design Company Limited (Registered number: 03523822)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025


4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2024 35,000
Disposals (35,000 )
At 31 March 2025 -
AMORTISATION
At 1 April 2024 35,000
Eliminated on disposal (35,000 )
At 31 March 2025 -
NET BOOK VALUE
At 31 March 2025 -
At 31 March 2024 -

5. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2024 57,847 - 30,777 88,624
Additions - 88,000 3,974 91,974
Disposals - - (4,521 ) (4,521 )
At 31 March 2025 57,847 88,000 30,230 176,077
DEPRECIATION
At 1 April 2024 20,228 - 21,174 41,402
Charge for year 13,225 21,805 6,842 41,872
Eliminated on disposal - - (4,326 ) (4,326 )
At 31 March 2025 33,453 21,805 23,690 78,948
NET BOOK VALUE
At 31 March 2025 24,394 66,195 6,540 97,129
At 31 March 2024 37,619 - 9,603 47,222

The company has allowed a fixed charge over the company's assets, including any property and all other assets owned outright as security for the bank.

The Escape Design Company Limited (Registered number: 03523822)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade debtors 322,916 154,331
Amounts owed by group undertakings 335,000 235,000
Other debtors 35,556 25,655
693,472 414,986

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Bank loans and overdrafts 39,887 39,887
Hire purchase contracts (see note 9) 9,105 -
Trade creditors 60,720 68,987
Taxation and social security 220,995 72,321
Other creditors 349,914 358,981
680,621 540,176

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.25 31.3.24
£    £   
Bank loans 24,992 64,879
Hire purchase contracts (see note 9) 57,541 -
82,533 64,879

9. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
31.3.25 31.3.24
£    £   
Net obligations repayable:
Within one year 9,105 -
Between one and five years 57,541 -
66,646 -

Non-cancellable operating leases
31.3.25 31.3.24
£    £   
Within one year 17,110 78,606
Between one and five years - 12,387
17,110 90,993

The Escape Design Company Limited (Registered number: 03523822)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025


10. SECURED DEBTS

The following secured debts are included within creditors:

31.3.25 31.3.24
£    £   
Bank loans 64,879 104,766
Hire purchase contracts 66,646 -
131,525 104,766

The loans are secured by a debenture.

The hire purchase liability is secured against the relevant fixed asset.

11. PROVISIONS FOR LIABILITIES
31.3.25 31.3.24
£    £   
Deferred tax 24,072 9,155

Deferred
tax
£   
Balance at 1 April 2024 9,155
Accelerated capital allowances 14,917
Balance at 31 March 2025 24,072

12. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.25 31.3.24
value: £    £   
999 Ordinary £1 999 999
1 A Ordinary £1 1 1
1,000 1,000