REGISTERED NUMBER: 04014310 (England and Wales)

Escobar (Bay) Limited

Unaudited Financial Statements

For The Year Ended 31 October 2025

Page

Company Information

1

Chartered Accountants' Report

2

Abridged Balance Sheet

3

Notes to the Financial Statements

5

DIRECTORS:

G N M Young

O F Hillier

SECRETARY:

O F Hillier

REGISTERED OFFICE:

2 West Parade Road

Scarborough

North Yorkshire

YO12 5ED

REGISTERED NUMBER:

04014310 (England and Wales)

ACCOUNTANTS:

Ingham & Co.

Chartered Accountants

George Stanley House

2 West Parade Road

Scarborough

North Yorkshire

YO12 5ED

BANKERS:

Lloyds Bank plc

1 St Nicholas Street

Scarborough

North Yorkshire

YO11 2HW

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Escobar (Bay) Limited for the year ended 31 October 2025 which comprise the Income Statement, Abridged Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Escobar (Bay) Limited, as a body, in accordance with the terms of our engagement letter dated 2 July 2025. Our work has been undertaken solely to prepare for your approval the financial statements of Escobar (Bay) Limited and state those matters that we have agreed to state to the Board of Directors of Escobar (Bay) Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Escobar (Bay) Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Escobar (Bay) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Escobar (Bay) Limited. You consider that Escobar (Bay) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Escobar (Bay) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Ingham & Co.

Chartered Accountants

George Stanley House

2 West Parade Road

Scarborough

North Yorkshire

YO12 5ED

19 June 2026

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

1,749

2,183

Investment property

6

525,000

525,000

526,749

527,183

CURRENT ASSETS

Debtors

8,525

7,423

Cash at bank and in hand

10,997

13,095

19,522

20,518

CREDITORS

Amounts falling due within one year

221,885

193,346

NET CURRENT LIABILITIES

(202,363

)

(172,828

)

TOTAL ASSETS LESS CURRENT LIABILITIES

324,386

354,355

CREDITORS

Amounts falling due after more than one year

7

(90,290

)

(120,290

)

PROVISIONS FOR LIABILITIES

(26,335

)

(26,444

)

NET ASSETS

207,761

207,621

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

206,761

206,621

207,761

207,621

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 October 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 June 2026 and were signed on its behalf by:

G N M Young - Director

O F Hillier - Director

1.	STATUTORY INFORMATION

Escobar (Bay) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2000, has been fully written off over its estimated useful life of 5 years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

10% on cost

Fixtures and fittings

-

20% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments

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

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 November 2024

and 31 October 2025

27,981

AMORTISATION

At 1 November 2024

and 31 October 2025

27,981

NET BOOK VALUE

At 31 October 2025

-

At 31 October 2024

-

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 November 2024

and 31 October 2025

30,125

DEPRECIATION

At 1 November 2024

27,942

Charge for year

434

At 31 October 2025

28,376

NET BOOK VALUE

At 31 October 2025

1,749

At 31 October 2024

2,183

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 November 2024

and 31 October 2025

525,000

NET BOOK VALUE

At 31 October 2025

525,000

At 31 October 2024

525,000

Fair value at 31 October 2025 is represented by:

£

Valuation in 2010

15,000

Valuation in 2011

6,000

Valuation in 2012

24,000

Valuation in 2013

30,000

Valuation in 2014

15,000

Valuation in 2016

15,000

Valuation in 2020

15,000

Valuation in 2021

54,000

Valuation in 2022

6,000

Valuation in 2023

15,000

Cost

330,000

525,000

If freehold investment properties had not been revalued they would have been included at the following historical cost:

2025

2024

£

£

Cost

330,000

330,000

Aggregate depreciation

(20,400

)

(19,200

)

Freehold investment properties were valued on an open market basis on 31 October 2025 by G N M Young (Director) .

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS

2025

2024

£

£

Repayable otherwise than by instalments

Bank loans due after more than 5 years other than by instalments

90,290

120,290

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

90,290

120,290

The bank loans are secured against the company's freehold investment properties.

9.	OTHER FINANCIAL COMMITMENTS

At 31 October 2025, the company had commitments under non-cancellable leases of £30,000 (2024 - £45,000).