Esquire Associates Limited - Filleted accounts

Registered number

09666615

Esquire Associates Limited

Filleted Accounts

31 July 2024

Esquire Associates Limited
Registered number:		09666615
Balance Sheet
as at 31 July 2024

Notes		2024		2023
		£	£	£	£
Fixed assets
Tangible assets	3		1,219,005		768,280

Current assets
Debtors	4	262,969		219,869
Cash at bank and in hand		305,902		220,255
		568,871		440,124

Creditors: amounts falling due within one year	5	(215,787)		(180,361)

Net current assets			353,084		259,763

Total assets less current liabilities			1,572,089		1,028,043

Creditors: amounts falling due after more than one year	6		(293,025)		(225,289)

Net assets			1,279,064		802,754

Capital and reserves
Called up share capital			100		100
Profit and loss account			1,278,964		802,654

Shareholders' funds			1,279,064		802,754

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 5 May 2026

Esquire Associates Limited
Notes to the Accounts
for the year ended 31 July 2024

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		2024	2023
			Number	Number

	Average number of persons employed by the company		11	8



3	Tangible fixed assets
		Plant and machinery etc		Total
		£		£
	Cost
	At 1 August 2023	1,059,185		1,059,185
	Additions	665,843		665,843
	At 31 July 2024	1,725,028		1,725,028

	Depreciation
	At 1 August 2023	290,905		290,905
	Charge for the year	215,118		215,118
	At 31 July 2024	506,023		506,023

	Net book value
	At 31 July 2024	1,219,005		1,219,005
	At 31 July 2023	768,280		768,280



4	Debtors		2024	2023
			£	£

	Trade debtors		256,962	214,394
	Other debtors		6,007	5,475
			262,969	219,869



5	Creditors: amounts falling due within one year		2024	2023
			£	£

	Trade creditors		165,258	141,105
	Corporation tax		8,392	2,391
	Other taxes and social security costs		30,617	27,093
	Other creditors		11,520	9,772
			215,787	180,361




6	Creditors: amounts falling due after one year		2024	2023
			£	£

	Other creditors		293,025	225,289
			293,025	225,289

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