Esse Quam Videri Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06003541 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2018

FOR

ESSE QUAM VIDERI LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

A P Hemmings

REGISTERED OFFICE:

541 Outmarsh

Semington

Trowbridge

Wiltshire

BA14 6JX

REGISTERED NUMBER:

06003541 (England and Wales)

ACCOUNTANTS:

Graham Barber Accountancy Limited

4 Beaufort West

Bath

BA1 6QB

BANKERS:

HSBC Bank plc

45 Milsom Street

Bath

BA1 1DU

FIXED ASSETS

Tangible assets

4

-

3,246

Investments

5

225,849

225,849

225,849

229,095

CURRENT ASSETS

Debtors

86,081

88,341

Cash at bank

8,127

9,732

94,208

98,073

CREDITORS

Amounts falling due within one year

157,957

183,242

NET CURRENT LIABILITIES

(63,749

)

(85,169

)

TOTAL ASSETS LESS CURRENT LIABILITIES

162,100

143,926

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Share premium

126,842

126,842

Retained earnings

34,258

16,084

SHAREHOLDERS' FUNDS

162,100

143,926

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 of Part 15 of the Companies Act 2006 relating to small companies.

All the members have consented to the preparation of an abridged Statement of Income and Retained Earnings and an abridged Balance Sheet for the year ended 30 April 2018 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the director on 26 February 2019 and were signed by:

A P Hemmings - Director

1.	STATUTORY INFORMATION

Esse Quam Videri 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Tangible fixed assets

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

Plant and machinery

-

40% on reducing balance

Computer equipment

-

40% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2017 - NIL).

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 May 2017

and 30 April 2018

31,659

DEPRECIATION

At 1 May 2017

28,413

Charge for year

3,246

At 30 April 2018

31,659

NET BOOK VALUE

At 30 April 2018

-

At 30 April 2017

3,246

5.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST

At 1 May 2017

and 30 April 2018

225,849

NET BOOK VALUE

At 30 April 2018

225,849

At 30 April 2017

225,849

6.	OTHER FINANCIAL COMMITMENTS

The company had commitments under non-cancellable leasing arrangements at 30 April 2018 of £nil (2017

£23,333).

7.	RELATED PARTY DISCLOSURES

At the year end the following intercompany balances were in existence.

Alan Joy Windows Ltd was owed £130,7111 (2017 £130,712) by Esse Quam Videri Ltd

Smith Kinneir Ltd owed Esse Quam Videri Ltd £86,006 (2017 £71,708)

Esse Quam Videri Limited owned the entire share capital of Alan Joy Windows Ltd and Smith Kinneir Ltd.