Company Registration No. 08866185 (England and Wales)
Esp Powder Coating (Uk) Limited
Unaudited accounts
for the year ended 31 March 2025
Esp Powder Coating (Uk) Limited
Unaudited accounts
Contents
Esp Powder Coating (Uk) Limited
Company Information
for the year ended 31 March 2025
Company Number
08866185 (England and Wales)
Registered Office
Unit D4-D5 Hastingwood Trading Estate
35 Harbet Road
London
N18 3HT
Accountants
AUDTAX ACCOUNTANTS & TAX CONSULTANTS LIMITED
OFFICE 316, IMPERIAL CHAMBERS
10-17 SEVENWAYS PARADE, WOODFORD AVENUE
LONDON
IG2 6JX
Esp Powder Coating (Uk) Limited
Statement of financial position
as at 31 March 2025
Intangible assets
40,000
50,000
Tangible assets
1,868
4,640
Cash at bank and in hand
4,892
5,400
Creditors: amounts falling due within one year
(18,994)
(24,256)
Net current liabilities
(10,102)
(9,759)
Total assets less current liabilities
31,766
44,881
Creditors: amounts falling due after more than one year
(24,826)
(39,685)
Called up share capital
100
100
Profit and loss account
6,840
5,096
Shareholders' funds
6,940
5,196
For the year ending 31 March 2025 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 13 August 2025 and were signed on its behalf by
Shafkot Ahmed
Director
Company Registration No. 08866185
Esp Powder Coating (Uk) Limited
Notes to the Accounts
for the year ended 31 March 2025
Esp Powder Coating (Uk) Limited is a private company, limited by shares, registered in England and Wales, registration number 08866185. The registered office is Unit D4-D5 Hastingwood Trading Estate, 35 Harbet Road, London, N18 3HT.
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
20% Reducing Balance,20% Straight line for 5 yrs & 50% Straight line for 2 yrs
Fixtures & fittings
20% Reducing Balance
Computer equipment
50% Straight line for 2 yrs
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
The company has opted for a BBLS scheme with no fees or interest to pay for the first 12 months. After 12 months, the interest is capped at 2.5% per year and the loan will be repaid over a period of 5 years.
Esp Powder Coating (Uk) Limited
Notes to the Accounts
for the year ended 31 March 2025
4
Intangible fixed assets
Goodwill
Charge for the year
10,000
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
22,463
4,515
1,371
28,349
At 31 March 2025
22,605
4,515
1,371
28,491
At 1 April 2024
19,098
3,331
1,280
23,709
Charge for the year
2,619
237
58
2,914
At 31 March 2025
21,717
3,568
1,338
26,623
At 31 March 2025
888
947
33
1,868
At 31 March 2024
3,365
1,184
91
4,640
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2025
2024
Trade creditors
2,920
2,318
Taxes and social security
5,744
343
Other creditors
1,047
4,487
Loans from directors
-
12,278
Esp Powder Coating (Uk) Limited
Notes to the Accounts
for the year ended 31 March 2025
8
Creditors: amounts falling due after more than one year
2025
2024
9
Average number of employees
During the year the average number of employees was 4 (2024: 5).