Esse Quam Videri Limited - Accounts to registrar (filleted) - small 23.1.2

REGISTERED NUMBER: 06003541 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2022

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:

43 Westlands Lane

Beanacre

Melksham

Wiltshire

SN12 7QE

REGISTERED NUMBER:

06003541 (England and Wales)

ACCOUNTANTS:

Graham Barber Accountancy Limited

4 Beaufort West

Bath

BA1 6QB

BANKERS:

Santander

Customer Service Centre

Bootle

Merseyside

L30 4GB

FIXED ASSETS

Tangible assets

4

135,510

133,703

Investments

5

67,755

67,755

203,265

201,458

CURRENT ASSETS

Debtors

63,160

78,510

Cash at bank

31,685

45,316

94,845

123,826

CREDITORS

Amounts falling due within one year

(35,200

)

(34,351

)

NET CURRENT ASSETS

59,645

89,475

TOTAL ASSETS LESS CURRENT LIABILITIES

262,910

290,933

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Share premium

126,842

126,842

Retained earnings

135,068

163,091

SHAREHOLDERS' FUNDS

262,910

290,933

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2022 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 Statement of Income and Retained Earnings and an abridged Balance Sheet for the year ended 30 April 2022 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 and authorised for issue on 24 April 2023 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.

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 Statement of Income and Retained Earnings, 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 (2021 - NIL).

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 May 2021

166,163

Additions

2,608

At 30 April 2022

168,771

DEPRECIATION

At 1 May 2021

32,460

Charge for year

801

At 30 April 2022

33,261

NET BOOK VALUE

At 30 April 2022

135,510

At 30 April 2021

133,703

5.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST

At 1 May 2021

and 30 April 2022

67,755

NET BOOK VALUE

At 30 April 2022

67,755

At 30 April 2021

67,755

6.	RELATED PARTY DISCLOSURES

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

Alan Joy Windows Ltd owed £13,260 to Esse Quam Videri Ltd at 30 April 2022. (2021 - £37,260).

At 30 April 2022 & 2021 Esse Quam Videri Limited owned the entire share capital of Smith Kinneir Ltd. and 30% of the share capital of Alan Joy Windows Ltd. Smith Kinneir was a non trading subsidiary and was dissolved in June 2022. The remaining 30% holding in Alan Joy Windows Limited was sold in June 2022.