Estu Global Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 12879788 (England and Wales)

Financial Statements

for the Year Ended 31 December 2024

for

ESTU GLOBAL LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr S C Littlewood

REGISTERED OFFICE:

85 Great Portland Street

First Floor

London

W1W 7LT

REGISTERED NUMBER:

12879788 (England and Wales)

ACCOUNTANTS:

Jeff Lermer & Associates

Chartered Accountants

42 Lytton Road

Barnet

Hertfordshire

EN5 5BY

FIXED ASSETS

Intangible assets

4

2,347

2,707

Tangible assets

5

4,062

2,329

6,409

5,036

CURRENT ASSETS

Debtors

6

247,759

75,580

Cash at bank

28,846

60,123

276,605

135,703

CREDITORS

Amounts falling due within one year

7

162,723

67,085

NET CURRENT ASSETS

113,882

68,618

TOTAL ASSETS LESS CURRENT
LIABILITIES

120,291

73,654

PROVISIONS FOR LIABILITIES

582

NET ASSETS

119,709

73,072

CAPITAL AND RESERVES

Called up share capital

8

11

1

Retained earnings

119,698

73,071

SHAREHOLDERS' FUNDS

119,709

73,072

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

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

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 September 2025 and were signed by:

Mr S C Littlewood - Director

1.	STATUTORY INFORMATION

Estu Global 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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

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

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Website development is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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 3 (2023 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 January 2024

and 31 December 2024

3,600

AMORTISATION

At 1 January 2024

893

Charge for year

360

At 31 December 2024

1,253

NET BOOK VALUE

At 31 December 2024

2,347

At 31 December 2023

2,707

5.	TANGIBLE FIXED ASSETS

Plant and

machiner

etc

£

COST

At 1 January 2024

4,980

Additions

3,410

At 31 December 2024

8,390

DEPRECIATION

At 1 January 2024

2,651

Charge for year

1,677

At 31 December 2024

4,328

NET BOOK VALUE

At 31 December 2024

4,062

At 31 December 2023

2,329

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Trade debtors

73,688

3,420

Amounts owed by group undertakings

46,350

-

Directors' current accounts

8,186

-

VAT

12,299

-

Prepayments and accrued income

107,236

72,160

247,759

75,580

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Trade creditors

89,205

-

Tax

25,395

8,055

Social security and other taxes

-

721

VAT

-

696

Other creditors

670

-

Directors' current accounts

-

56,696

Accruals and deferred income

46,500

-

Accrued expenses

953

917

162,723

67,085

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number

Class

Nominal value

31.12.24

31.12.23

850

Ordinary

1p

£8.50

75

AK

1p

£0.75

75

AS

1p

£0.75

£10

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

31.12.24

31.12.23

£

Mr S C Littlewood

Balance outstanding at start of year

-

Amounts advanced

8,186

-

Amounts repaid

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

8,186

-

As at the balance sheet date, included in debtors due within one year is £8,186 (2024: £56,696 credit), due and payable by the director. This amount was repaid within 9 months of the year end.

10.	RELATED PARTY DISCLOSURES

At the balance sheet date the company was owed £46,350 (2024: £Nil) by Fells Limited. The companies are related parties by virtue of the fact that they are under common control.