CSKN Franchising Limited
(previously Esho MD Retail Limited)
Unaudited Financial Statements
For the year ended 31 March 2024
Company Registration No. 12408237 (England and Wales)
CSKN Franchising Limited
(previously Esho MD Retail Limited)
Balance Sheet
As at 31 March 2024
Page 1
2024
2023
£
£
£
£
Fixed assets
184,494
Current assets
28,870
80,155
Prepayments and accrued income
412
Creditors: amounts falling due within one year
(238,095)
(313,033)
Net current liabilities
(208,813)
(232,878)
Total assets less current liabilities
(208,813)
(48,384)
Net liabilities
(208,813)
(48,384)
Capital and reserves
(208,813)
(48,384)
Notes to the financial statements
1
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2024
2023
Number
Number
Employees
2
Change of registered name
On 15 July 2025, the company changed its name from Esho MD Retail Limited.
Going Concern
During the year, the company recorded a loss of £160,429 (2023: £38,225), resulting in net liabilities of £208,813 (2023: £48,384). These figures reflect a deliberate transition period as the company shifts from a directly operated model to a franchise-led approach, aligned with the Group’s long-term strategic vision.
This change forms part of a broader Group restructure designed to enhance operational efficiency, consolidate service lines, and unlock scalable growth opportunities. The company continues to benefit from strong intra-group relationships and has access to ongoing financial support from related parties, with £181,153 (2023: £252,512) due to related entities as at the balance sheet date.
Based on current cash flow forecasts, the positive trajectory of the restructuring programme, and continued Group support, the director has a reasonable expectation that the company will continue to meet its obligations and operate as a going concern. As such, the financial statements have been prepared on a going concern basis.
CSKN Franchising Limited
(previously Esho MD Retail Limited)
Balance Sheet (Continued)
As at 31 March 2024
Page 2
For the year ended 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and signed by the director and authorised for issue on 4 August 2025
Dr O O Esho
Director
Company registration number 12408237 (England and Wales)