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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
Page
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Esp Powder Coating (Uk) Limited Company Information for the year ended 31 March 2025
Director
Shafkot Ahmed
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
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Esp Powder Coating (Uk) Limited Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Intangible assets
40,000 
50,000 
Tangible assets
1,868 
4,640 
41,868 
54,640 
Current assets
Inventories
4,000 
- 
Debtors
- 
9,097 
Cash at bank and in hand
4,892 
5,400 
8,892 
14,497 
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)
Net assets
6,940 
5,196 
Capital and reserves
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
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Esp Powder Coating (Uk) Limited Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Pension costs
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.
Leased assets
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.
Bounce Back Loan Scheme
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.
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Esp Powder Coating (Uk) Limited Notes to the Accounts for the year ended 31 March 2025
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 April 2024
150,000 
At 31 March 2025
150,000 
Amortisation
At 1 April 2024
100,000 
Charge for the year
10,000 
At 31 March 2025
110,000 
Net book value
At 31 March 2025
40,000 
At 31 March 2024
50,000 
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 
Additions
142 
- 
- 
142 
At 31 March 2025
22,605 
4,515 
1,371 
28,491 
Depreciation
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 
Net book value
At 31 March 2025
888 
947 
33 
1,868 
At 31 March 2024
3,365 
1,184 
91 
4,640 
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
9,097 
7
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
VAT
9,283 
4,830 
Trade creditors
2,920 
2,318 
Taxes and social security
5,744 
343 
Other creditors
1,047 
4,487 
Loans from directors
- 
12,278 
18,994 
24,256 
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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 
£ 
£ 
Bank loans
24,826 
39,685 
9
Average number of employees
During the year the average number of employees was 4 (2024: 5).
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