Essbea Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 10727159

Essbea Limited

Filleted Unaudited Financial Statements

30 June 2025

Essbea Limited

Statement of Financial Position

30 June 2025

	2025	2024
Note	£	£

Fixed assets

Tangible assets	5	7,926	4,379

Current assets

Stocks		3,600	4,200
Debtors	6	19,397	3,816
Cash at bank and in hand		71,081	82,090
		--------	--------
		94,078	90,106

Creditors: amounts falling due within one year	7	45,245	47,747
		--------	--------
Net current assets		48,833	42,359
		--------	--------
Total assets less current liabilities		56,759	46,738

Creditors: amounts falling due after more than one year	8	–	1,815
		--------	--------
Net assets		56,759	44,923
		--------	--------

Capital and reserves

Called up share capital	100	100
Profit and loss account	56,659	44,823
	--------	--------
Shareholder funds	56,759	44,923
	--------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Essbea Limited

Statement of Financial Position (continued)

30 June 2025

These financial statements were approved by the board of directors and authorised for issue on 28 December 2025 , and are signed on behalf of the board by:

Mrs S L Lloyd
Director

Company registration number: 10727159

Essbea Limited

Notes to the Financial Statements

Year ended 30 June 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 11 Hill Street, Wrexham, LL11 1SN.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. These include the considerations of Covid upon the business.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. 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 is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Short leasehold property	-	Straightline over the length of the lease
Large kitchen equipment	-	25% straight line
Motor vehicles	-	25% straight line

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Financial instruments

The following assets and liabilities within the accounts are classified as financial instruments - trade debtors, trade creditors and directors loans. Directors loans (being repayable upon demand), trade debtors and trade creditors, are measured at the undiscounted amount of cash or other consideration expected to be paid or received. Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If such evidence is found, an impairment loss is recognised in the statement of Income and Retained Earnings.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 16 (2024: 15 ).

5. Tangible assets

	Leasehold property improvem'ts	Plant and machinery	Motor vehicles	Total
	£	£	£	£
Cost
At 1 July 2024	51,228	31,988	5,000	88,216
Additions	–	8,220	–	8,220
Disposals	–	( 11,008)	–	( 11,008)
	--------	--------	-------	--------
At 30 June 2025	51,228	29,200	5,000	85,428
	--------	--------	-------	--------
Depreciation
At 1 July 2024	51,226	30,111	2,500	83,837
Charge for the year	–	3,253	1,250	4,503
Disposals	–	( 10,838)	–	( 10,838)
	--------	--------	-------	--------
At 30 June 2025	51,226	22,526	3,750	77,502
	--------	--------	-------	--------
Carrying amount
At 30 June 2025	2	6,674	1,250	7,926
	--------	--------	-------	--------
At 30 June 2024	2	1,877	2,500	4,379
	--------	--------	-------	--------

6. Debtors

	2025	2024
	£	£
Trade debtors	2,317	1,586
Other debtors	17,080	2,230
	--------	-------
	19,397	3,816
	--------	-------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	–	2,056
Trade creditors	4,911	3,179
Social security and other taxes	30,089	26,052
Other creditors	10,245	16,460
	--------	--------
	45,245	47,747
	--------	--------

8. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	–	1,815
	----	-------

9. Operating leases

The total future minimum lease payments under non-cancellable operating leases are as follows:

	2025	2024
	£	£
Not later than 1 year	5,250	–
	-------	----

10. Director's advances, credits and guarantees

The director operates a current account with the company. As follows:

		2025
		£
	Opening Balance	3,994
	Movement	(18,045)
		--------
	Closing Balance	(14,051)
		--------

The loan is repayable on demand.