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 2019

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

Melksham

Wiltshire

SN12 6JE

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

-

-

Investments

5

67,755

225,849

67,755

225,849

CURRENT ASSETS

Debtors

246,782

86,081

Cash at bank

57,323

8,127

304,105

94,208

CREDITORS

Amounts falling due within one year

26,476

157,957

NET CURRENT ASSETS/(LIABILITIES)

277,629

(63,749

)

TOTAL ASSETS LESS CURRENT LIABILITIES

345,384

162,100

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Share premium

126,842

126,842

Retained earnings

217,542

34,258

SHAREHOLDERS' FUNDS

345,384

162,100

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 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 Income Statement and an abridged Balance Sheet for the year ended 30 April 2019 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 director and authorised for issue on 27 April 2020 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 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.

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 (2018 - NIL).

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 May 2018

and 30 April 2019

31,659

DEPRECIATION

At 1 May 2018

and 30 April 2019

31,659

NET BOOK VALUE

At 30 April 2019

-

At 30 April 2018

-

5.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST

At 1 May 2018

225,849

Disposals

(158,094

)

At 30 April 2019

67,755

NET BOOK VALUE

At 30 April 2019

67,755

At 30 April 2018

225,849

6.	RELATED PARTY DISCLOSURES

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

Alan Joy Windows Ltd owed £101,782 to Esse Quam Videri Ltd at 30 April 2019. At 30 April 2018 Esse Quam Videri

Ltd owed £130,7111 to Alan Joy Windows Ltd .

Smith Kinneir Ltd owed Esse Quam Videri Ltd £86,006 at 30 April 2018. Full provision was made against this debt in the

year.

At 30 April 2018 & 2019 Esse Quam Videri Limited owned the entire share capital of Smith Kinneir Ltd. The holding in

Alan Joy Windows Ltd reduced from 100% at 30 April 2018 to 30% at 30 April 2019.