ESM Investment Services Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: SC594747 (Scotland)

ESM INVESTMENT SERVICES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 18 APRIL 2018 TO 31 MAY 2019

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

S C Morris

REGISTERED OFFICE:

11 Gladstone Place

Stirling

FK8 2NN

REGISTERED NUMBER:

SC594747 (Scotland)

FIXED ASSETS

Tangible assets

3

625

CURRENT ASSETS

Debtors

4

16,103

Cash at bank

167

16,270

CREDITORS

Amounts falling due within one year

5

71,091

NET CURRENT LIABILITIES

(54,821

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(54,196

)

RESERVES

Income and expenditure account

(54,196

)

(54,196

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 May 2019.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 May 2019 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 surplus or deficit 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.

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

The financial statements were approved by the director on 17 February 2020 and were signed by:

S C Morris - Director

1.	STATUTORY INFORMATION

ESM Investment Services Limited is a private company, limited by guarantee , registered in Scotland. The

company's registered number and registered office address can be found on the Company Information page.

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.

Tangible fixed assets

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

Plant and machinery etc

-

33% on cost

Government grants

Revenue grants are credited to the profit and loss account in the period to which they relate.

Taxation

Taxation for the period comprises current 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 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.

Going concern

The director has prepared the accounts on a going concern basis despite there being net liabilities at the balance

sheet date as the director is the main creditor and he will not seek repayment of his loan until the company has

sufficient funds.

3.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

Additions

937

At 31 May 2019

937

DEPRECIATION

Charge for period

312

At 31 May 2019

312

NET BOOK VALUE

At 31 May 2019

625

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Tax recoverable

16,103

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Director's loan account

70,000

Other creditors

1,091

71,091

6.	RELATED PARTY DISCLOSURES