Esso Systems Limited


Director	Ambroise Marco Owona-Essomba


Registered Address	Unit 4 City Limits
	Danehill
	Reading
	RG6 4UP


Registered Number	11754189 (England and Wales)

Balance Sheet as at
31 January 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		132		291
Investments	4		1,588,972		677,065
			1,589,104		677,356
Current assets
Debtors	5	63,708		75,500
Cash at bank and on hand		4,954		-
		68,662		75,500
Creditors amounts falling due within one year	6	(55,965)		(57,564)
Net current assets (liabilities)			12,697		17,936
Total assets less current liabilities			1,601,801		695,292
Creditors amounts falling due after one year	7		(23,993)		(23,993)
Provisions for liabilities	8		(395,873)		(167,813)
Net assets			1,181,935		503,486
Capital and reserves
Called up share capital			1		1
Revaluation reserve			1,584,277		503,054
Profit and loss account			(402,343)		431
Shareholders' funds			1,181,935		503,486

The company was entitled to exemption from audit for this reporting period 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 their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 15 September 2025, and are signed on its behalf by:

Ambroise Marco Owona-Essomba
Director
Registered Company No. 11754189

Esso Systems Limited

Notes to the Financial Statements
for the year ended 31 January 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services.

	Revenue from rendering of services
	Revenue from the rendering of services is recognised as the contractual activity progresses.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Straight line (years)
	Office Equipment	3

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

Investments

Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Trade and other debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Trade and other debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Trade and other creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	1		1

3.	Tangible fixed assets

	Office Equipment	Total
	£	£
Cost or valuation
At 01 February 24	1,504	1,504
At 31 January 25	1,504	1,504
Depreciation and impairment
At 01 February 24	1,213	1,213
Charge for year	159	159
At 31 January 25	1,372	1,372
Net book value
At 31 January 25	132	132
At 31 January 24	291	291

4.	Fixed asset investments

	Investments in groups¹	Other investments²	Total
	£	£	£
Cost or valuation
At 01 February 24	671,251	5,814	677,065
Additions	-	2,430	2,430
Revaluations	912,373	(2,896)	909,477
At 31 January 25	1,583,624	5,348	1,588,972
Net book value
At 31 January 25	1,583,624	5,348	1,588,972
At 31 January 24	671,251	5,814	677,065

	Notes
	¹Investments in group undertakings and participating interests ²Other investments other than loans

5.	Debtors: amounts due within one year

	2025	2024
	£	£
Other debtors	62,458	73,417
Prepayments and accrued income	1,250	2,083
Total	63,708	75,500

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	-	3,048
Bank borrowings and overdrafts	10,510	10,000
Taxation and social security	43,548	44,516
Other creditors	1,907	-
Total	55,965	57,564

7.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	23,993	23,993
Total	23,993	23,993

8.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	395,873	167,813
Total	395,873	167,813

9.	Directors advances, credits and guarantees

	Brought forward	Amount advanced	Amount repaid	Carried forward
	£	£	£	£
Ambroise Marco Owona-Essomba	40,253	80,309	91,811	28,751
	40,253	80,309	91,811	28,751


	The Directors advances are unsecured, repayable on demand and interest was charged at HMRC's official rate.