Esquire Associates Limited - Filleted accounts

Registered number

09666615

Esquire Associates Limited

Filleted Accounts

31 July 2023

Esquire Associates Limited
Registered number:		09666615
Balance Sheet
as at 31 July 2023

Notes		2023		2022
		£	£	£	£
Fixed assets
Tangible assets	3		768,280		427,998

Current assets
Debtors	4	219,869		176,859
Cash at bank and in hand		220,255		162,839
		440,124		339,698

Creditors: amounts falling due within one year	5	(180,361)		(145,921)

Net current assets			259,763		193,777

Total assets less current liabilities			1,028,043		621,775

Creditors: amounts falling due after more than one year	6		(225,289)		(167,230)

Net assets			802,754		454,545

Capital and reserves
Called up share capital			100		100
Profit and loss account			802,654		454,445

Shareholders' funds			802,754		454,545

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 14 April 2026

Esquire Associates Limited
Notes to the Accounts
for the year ended 31 July 2023

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		2023	2022
			Number	Number

	Average number of persons employed by the company		8	7



3	Tangible fixed assets
		Plant and machinery etc		Total
		£		£
	Cost
	At 1 August 2022	583,324		583,324
	Additions	475,861		475,861
	At 31 July 2023	1,059,185		1,059,185

	Depreciation
	At 1 August 2022	155,326		155,326
	Charge for the year	135,579		135,579
	At 31 July 2023	290,905		290,905

	Net book value
	At 31 July 2023	768,280		768,280
	At 31 July 2022	427,998		427,998



4	Debtors		2023	2022
			£	£

	Trade debtors		214,394	172,527
	Other debtors		5,475	4,332
			219,869	176,859



5	Creditors: amounts falling due within one year		2023	2022
			£	£

	Trade creditors		141,105	114,371
	Corporation tax		2,391	533
	Other taxes and social security costs		27,093	22,224
	Other creditors		9,772	8,793
			180,361	145,921




6	Creditors: amounts falling due after one year		2023	2022
			£	£

	Other creditors		225,289	167,230
			225,289	167,230

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