Esquire Associates Limited - Filleted accounts

Registered number

09666615

Esquire Associates Limited

Filleted Accounts

31 July 2022

Esquire Associates Limited
Registered number:		09666615
Balance Sheet
as at 31 July 2022

Notes		2022		2021
		£	£	£	£
Fixed assets
Tangible assets	3		427,998		246,585

Current assets
Debtors	4	176,859		136,499
Cash at bank and in hand		162,839		121,246
		339,698		257,745

Creditors: amounts falling due within one year	5	(145,921)		(130,628)

Net current assets			193,777		127,117

Total assets less current liabilities			621,775		373,702

Creditors: amounts falling due after more than one year	6		(167,230)		(102,841)

Net assets			454,545		270,861

Capital and reserves
Called up share capital			100		100
Profit and loss account			454,445		270,761

Shareholders' funds			454,545		270,861

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.

Mr I K Lodhi
Director
Approved by the board on 29 March 2026

Esquire Associates Limited
Notes to the Accounts
for the year ended 31 July 2022

1	Accounting policies

	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
	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 sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	15% reducing balance basis

	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.

	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.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. 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.


2	Employees		2022	2021
			Number	Number

	Average number of persons employed by the company		7	6



3	Tangible fixed assets
		Plant and machinery etc		Total
		£		£
	Cost
	At 1 August 2021	326,382		326,382
	Additions	256,942		256,942
	At 31 July 2022	583,324		583,324

	Depreciation
	At 1 August 2021	79,797		79,797
	Charge for the year	75,529		75,529
	At 31 July 2022	155,326		155,326

	Net book value
	At 31 July 2022	427,998		427,998
	At 31 July 2021	246,585		246,585



4	Debtors		2022	2021
			£	£

	Trade debtors		172,527	132,880
	Other debtors		4,332	3,619
			176,859	136,499



5	Creditors: amounts falling due within one year		2022	2021
			£	£

	Trade creditors		114,371	103,895
	Corporation tax		533	-
	Other taxes and social security costs		22,224	18,378
	Other creditors		8,793	8,355
			145,921	130,628




6	Creditors: amounts falling due after one year		2022	2021
			£	£

	Other creditors		167,230	102,841
			167,230	102,841

7	Other information

	Esquire Associates Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Unit 21
	384 Abbott Road
	London
	E14 0UX