ACCOUNTS - Final Accounts preparation

Registered number: 06350146

ESSEX CHEM (UK) LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 AUGUST 2025

ESSEX CHEM (UK) LIMITED

REGISTERED NUMBER: 06350146

STATEMENT OF FINANCIAL POSITION

AS AT 31 AUGUST 2025

	2025	2025	2024	2024
	£	£	£	£

Fixed assets
Tangible assets		22,329		26,269

Current assets
Debtors: amounts falling due within one year	86,318		504,886
Bank and cash balances	1,756,349		1,444,499
	1,842,667		1,949,385
Creditors: amounts falling due within one year		(775,930)		(969,800)
Net assets		1,089,066		1,005,854

Capital and reserves
Called up share capital	100	100
Profit and loss account	1,088,966	1,005,754
	1,089,066	1,005,854

The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 29 May 2026.

S Abedrabo	S Elkholi
Director	Director

The notes on pages 2 to 5 form part of these financial statements.

Page 1

ESSEX CHEM (UK) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

1.	General information

Essex Chem (UK) Limited is a private company limited by shares and registered in England & Wales. The address of its registered office is 124 Finchley Road, London, NW3 5JS. The address of its principal place of business is 79 College Road, Harrow, Middlesex, HA1 1BD.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

2.2

Revenue

Revenue is recognised at the fair value of the consideration received or receivable for goods provided in the normal course of business, and is shown net of VAT.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

2.3

Operating leases: the company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

2.5

Pensions

Defined contribution pension plan

The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the company in independently administered funds.

Page 2

ESSEX CHEM (UK) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

2.Accounting policies (continued)

2.6

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates income.

2.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Motor vehicles

15%

Reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.8

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans to/from related parties.

2.9

Debtors

Short term debtors are measured at transaction price, less any impairment.

2.10

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

2.11

Creditors

Short term creditors are measured at the transaction price.

Page 3

ESSEX CHEM (UK) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

2.Accounting policies (continued)

2.12

Foreign currency

Functional and presentation currency
The company's functional and presentational currency is GBP.
Transactions and Balances
The foreign currency transactions are translated into the functional current using spot exchange rates at the dates of the transactions.

Employees

The average monthly number of employees, including directors, during the year was 7 (2024 - 6).

4.	Tangible fixed assets

		Motor vehicles
		£
	Cost or valuation
	At 1 September 2024	32,746
	At 31 August 2025	32,746
	Depreciation
	At 1 September 2024	6,477
	Charge for the year on owned assets	3,940
	At 31 August 2025	10,417
	Net book value
	At 31 August 2025	22,329
	At 31 August 2024	26,269

Page 4

ESSEX CHEM (UK) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

Debtors

					2025	2024
					£	£


Trade debtors	78,423	493,356
Other debtors	7,895	11,530
	86,318	504,886

6.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Trade creditors	187,382	118,516
Corporation tax	26,320	31,339
Other taxation and social security	46,321	40,178
Other creditors	765	2,580
Accruals	515,142	777,187
	775,930	969,800

7.	Controlling party

The company is controlled by Shahira Elkholi who owns 100% of the share capital.

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