| EESA.K LTD |
| Notes to the Accounts |
| for the year ended 31 May 2025 |
|
|
| 1 |
Accounting policies |
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|
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). |
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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 |
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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: |
|
|
Fixtures, fittings, tools and equipment |
25% reducing balance |
|
|
Going concern |
|
As disclosed in the Statement of Financial Position on page 5, the company has a deficit of net assets. Of the creditors, £261,513 is owed to the majority shareholder and the family company Inclusive Care Support Ltd, both have confirmed that no repayment would be demanded at least for the next twelve months. The director has considered the trading requirements of the company for the period exceeding twelve months from the date of this report. Having regard to the above therefore, it is the opinion of of the director that the accounts be prepared on the going concern basis. |
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Stocks |
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Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised. |
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Debtors |
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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. |
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
0 |
|
0 |
|
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| 3 |
Tangible fixed assets |
|
|
Long leasehold property |
|
Fixtures and
fittings |
|
Motor vehicles |
|
Total |
| £ |
£ |
£ |
£ |
|
Cost |
|
At 1 June 2024 |
68,367 |
|
6,541 |
|
5,000 |
|
79,908 |
|
At 31 May 2025 |
68,367 |
|
6,541 |
|
5,000 |
|
79,908 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 June 2024 |
- |
|
5,000 |
|
5,000 |
|
10,000 |
|
Charge for the year |
- |
|
385 |
|
- |
|
385 |
|
At 31 May 2025 |
- |
|
5,385 |
|
5,000 |
|
10,385 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 May 2025 |
68,367 |
|
1,156 |
|
- |
|
69,523 |
|
At 31 May 2024 |
68,367 |
|
1,541 |
|
- |
|
69,908 |
|
|
| 4 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Trade debtors |
381 |
|
- |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Other creditors |
265,647 |
|
187,462 |
|
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| 6 |
Other information |
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EESA.K LTD is a private company limited by shares and incorporated in England. Its registered office is: |
|
46 The Ridgeway |
|
North Harrow |
|
Harrow |
|
Middlesex |
|
HA2 7QN |