ACCOUNTS - Final Accounts preparation

Registered number: 07821858

VESTBROWN (ESPL) LIMITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

31 DECEMBER 2024

VESTBROWN (ESPL) LIMITED

REGISTERED NUMBER: 07821858

STATEMENT OF FINANCIAL POSITION

AS AT 31 DECEMBER 2024

		2024		2023
Note		£		£

Fixed assets
Investments	4		143		143
			143		143
Current assets
Debtors: amounts falling due within one year	5	1,311,200		1,311,200
		1,311,200		1,311,200
Creditors: amounts falling due within one year	6	(500,001)		(500,001)
Net current assets			811,199		811,199
Total assets less current liabilities			811,342		811,342
Provisions for liabilities
Other provisions		(7,750)		(7,750)
			(7,750)		(7,750)
Net assets			803,592		803,592

Capital and reserves
Called up share capital	142	142
Profit and loss account	803,450	803,450
	803,592	803,592

For the year ended 31 December 2024 the Company was entitled to exemption from audit under section 480 of the Companies Act 2006.

Members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 29 September 2025.

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VESTBROWN (ESPL) LIMITED

REGISTERED NUMBER: 07821858

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 DECEMBER 2024

................................................

Mr M F Hogan

Director

The notes on pages 3 to 4 form part of these financial statements.

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VESTBROWN (ESPL) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

1.	General information

The Company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is Dere Street House, Bowburn North Industrial Estate, Bowburn, Durham, DH6 5PF.

2.Accounting policies

2.1

Basis of preparation of financial statements

The functional and presentational currency of the Company is Sterling (£) and the financial statements have been rounded to the nearest pound.

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principlal accounting policies have been applied:

2.2

Group accounts not prepared

The Company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the Company and its subsiduary undertakings comprise a small group.

2.3

Investments

Investments in subsidiaries are measured at cost less accumulated impairment.

2.4

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.5

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2.6

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

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VESTBROWN (ESPL) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

Employees

The average monthly number of employees, including the directors, during the year was as follows:

			2024	2023
			No.	No.


			0	0

4.	Fixed asset investments

		Investments in Subsidiary companies
		£
	Cost or valuation
	At 1 January 2024	143
	At 31 December 2024	143

Debtors

					2024	2023
					£	£


Amounts owed by participating interests	531,000	531,000
Other debtors	780,200	780,200
	1,311,200	1,311,200

6.	Creditors: Amounts falling due within one year
		2024	2023
		£	£

Amounts owed to related parties	500,001	500,001
	500,001	500,001

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