REGISTERED NUMBER: 02267151 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2024

FOR

ESEMBEE ASSOCIATES LTD

T/A

BOSTON BILLY

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Directors:

S.N. Khalid

J Masood

Registered office:

6 Rugby Street

Manchester

Lancashire

M8 9SN

Registered number:

02267151 (England and Wales)

Accountant:

DBF Associates

Chartered Accountants

10 Park Place

Manchester

Lancashire

M4 4EY

Fixed assets

Property, plant and equipment

4

4,313

5,751

Current assets

Inventories

449,824

484,657

Debtors

5

121,678

155,273

Cash at bank and in hand

177,014

336,809

748,516

976,739

Creditors

Amounts falling due within one year

6

393,547

592,399

Net current assets

354,969

384,340

Total assets less current liabilities

359,282

390,091

Capital and reserves

Called up share capital

7

4,998

4,998

Retained earnings

354,284

385,093

Shareholders' funds

359,282

390,091

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 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 Board of Directors and authorised for issue on 14th August 2025 and were signed on its behalf by:

S.M. Khalid - Director

1.	Statutory information

Esembee Associates Ltd 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

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

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 reducing balance

Motor vehicles

-

25% on reducing balance

Stocks

Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

3.	Employees and directors

The average number of employees during the year was 5 (2023 - 4 ) .

4.	Property, plant and equipment

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

Cost

At 1st January 2024

and 31st December 2024

18,312

19,196

37,508

Depreciation

At 1st January 2024

18,312

13,445

31,757

Charge for year

-

1,438

1,438

At 31st December 2024

18,312

14,883

33,195

Net book value

At 31st December 2024

-

4,313

4,313

At 31st December 2023

-

5,751

5,751

5.

Debtors: amounts falling due within one year

2024

2023

£

£

Trade debtors

121,632

155,273

Directors' loan accounts

46

-

121,678

155,273

6.

Creditors: amounts falling due within one year

2024

2023

£

£

Trade creditors

384,028

552,849

Tax

7,349

9,222

Social security and other taxes

1,237

525

VAT

933

29,482

Directors' loan accounts

-

321

393,547

592,399

7.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

4,998

Ordinary

£1.00

4,998

4,998