ESRG PICTURE FRAMERS HOLDINGS LIMITED

Company Registration Number:
SC720087 (Scotland)

Unaudited abridged accounts for the year ended 31 March 2025

Period of accounts

Start date: 01 April 2024

End date: 31 March 2025

ESRG PICTURE FRAMERS HOLDINGS LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2025

Balance sheet
Notes

ESRG PICTURE FRAMERS HOLDINGS LIMITED

Balance sheet

As at 31 March 2025


Notes
2025
2024


£
£
Fixed assets
Investments: 3 963,855 963,855
Total fixed assets: 963,855 963,855
Current assets
Creditors: amounts falling due within one year: 4 (187,076) (136,806)
Net current assets (liabilities): (187,076) (136,806)
Total assets less current liabilities: 776,779 827,049
Creditors: amounts falling due after more than one year: 5 (776,775) (827,045)
Total net assets (liabilities): 4 4
Capital and reserves
Called up share capital: 4 4
Shareholders funds: 4 4

The notes form part of these financial statements

ESRG PICTURE FRAMERS HOLDINGS LIMITED

Balance sheet statements

For the year ending 31 March 2025 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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 & loss account.

This report was approved by the board of directors on 31 July 2025
and signed on behalf of the board by:

Name: Richard Martin
Status: Director

The notes form part of these financial statements

ESRG PICTURE FRAMERS HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

ESRG PICTURE FRAMERS HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

2. Employees

2025 2024
Average number of employees during the period 0 0

ESRG PICTURE FRAMERS HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Fixed investments

The Fixed Asset investments of £963.855, relate to the purchase of the Framing Workshop Limited by the management from Mr & Mrs Burke. The management received a loan from Mr & Mrs Burke of £330k over 7 years and with an interest rate of 2.5% over the Bank of England base rate.

ESRG PICTURE FRAMERS HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

4. Creditors: amounts falling due within one year note

Inter-company transactions of £120,627 Mr & Mrs Burke loan due within 1 year £46,453 Directors current accounts: Stewart Davidson £4,999 Gary Merchant, £4,999 Richard Martin, £4,999 Edward Bell, $4,999

ESRG PICTURE FRAMERS HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

5. Creditors: amounts falling due after more than one year note

The amount falling due with 1 year relates to funds taken by Mr & Mrs Burke from the Framing Workshop Ltd £613,855 Loan From Mr & Mrs Burke £162,920

ESRG PICTURE FRAMERS HOLDINGS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2025

6. Related party transactions

Name of the related party: Mr & Mrs Russell Burke
Relationship:
Previous owners
Description of the Transaction: Loan from the previous owners to make up the sale value of the Framing Workshop Ltd for £963.855 to the management of the company.
£
Balance at 01 April 2024 136,806
Balance at 31 March 2025 187,076