Company Registration No. 09291239 (England and Wales)
Esprit Brand Management Limited
Unaudited accounts
for the year ended 31 October 2024
Esprit Brand Management Limited
Unaudited accounts
Contents
Esprit Brand Management Limited
Company Information
for the year ended 31 October 2024
Director
Mr Joseph Simpson
Company Number
09291239 (England and Wales)
Registered Office
14 Morleys Close
Wigston
England
LE18 3AB
United Kingdom
Accountants
Peacock Accountants Ltd
71-75 Shelton Street
Covent Garden
London
England
WC2H 9JQ
Esprit Brand Management Limited
Statement of financial position
as at 31 October 2024
Tangible assets
15,196
16,729
Cash at bank and in hand
41,367
52,864
Creditors: amounts falling due within one year
(79,956)
(129,359)
Net current assets
49,558
57,186
Called up share capital
100
100
Profit and loss account
64,654
73,815
Shareholders' funds
64,754
73,915
For the year ending 31 October 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 his 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 20 March 2025 and were signed on its behalf by
Mr Joseph Simpson
Director
Company Registration No. 09291239
Esprit Brand Management Limited
Notes to the Accounts
for the year ended 31 October 2024
Esprit Brand Management Limited is a private company, limited by shares, registered in England and Wales, registration number 09291239. The registered office is 14 Morleys Close, Wigston, England, LE18 3AB, United Kingdom.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
33% Straight Line
Motor vehicles
20% Straight Line
Fixtures & fittings
20% Straight Line
Computer equipment
33% Straight Line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 November 2023
18,582
19,000
3,040
14,022
54,644
Additions
784
-
558
4,691
6,033
At 31 October 2024
19,366
19,000
3,598
18,713
60,677
At 1 November 2023
12,632
11,454
1,775
12,054
37,915
Charge for the year
3,250
1,509
572
2,235
7,566
At 31 October 2024
15,882
12,963
2,347
14,289
45,481
At 31 October 2024
3,484
6,037
1,251
4,424
15,196
At 31 October 2023
5,950
7,546
1,265
1,968
16,729
Esprit Brand Management Limited
Notes to the Accounts
for the year ended 31 October 2024
Amounts falling due within one year
Trade debtors
52,935
107,291
Other debtors
35,212
26,390
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
12,996
35,944
Trade creditors
50,867
49,548
Taxes and social security
8,719
14,672
Loans from directors
(10,725)
-
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).