Essex Estimating & Surveying Services Limited 31/01/2024 iXBRL

Essex Estimating & Surveying Services Limited 31/01/2024 iXBRL

ESSEX ESTIMATING & SURVEYING SERVICES LIMITED - Company Information

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1 31/01/2024 2024-01-31 false false false false false false false false false false true false false true false false false false true true false No description of principal activities is disclosed 2023-03-01 Sage Accounts Production 21.0 - FRS102_2021 xbrli:pure xbrli:shares iso4217:GBP 9417574 2023-03-01 2024-01-31 9417574 2024-01-31 9417574 2022-03-01 2023-02-28 9417574 2023-02-28 9417574 core:PlantMachinery 2023-03-01 2024-01-31 9417574 core:FurnitureFittingsToolsEquipment 2023-03-01 2024-01-31 9417574 bus:RegisteredOffice 2023-03-01 2024-01-31 9417574 bus:LeadAgentIfApplicable 2023-03-01 2024-01-31 9417574 bus:Director1 2023-03-01 2024-01-31 9417574 core:PlantMachinery 2024-01-31 9417574 core:FurnitureFittingsToolsEquipment 2024-01-31 9417574 core:WithinOneYear 2024-01-31 9417574 core:WithinOneYear 2023-02-28 9417574 core:ShareCapital 2024-01-31 9417574 core:ShareCapital 2023-02-28 9417574 core:RetainedEarningsAccumulatedLosses 2024-01-31 9417574 core:RetainedEarningsAccumulatedLosses 2023-02-28 9417574 bus:SmallEntities 2023-03-01 2024-01-31 9417574 bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-01-31 9417574 bus:FullAccounts 2023-03-01 2024-01-31 9417574 bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-01-31 9417574 bus:PrivateLimitedCompanyLtd 2023-03-01 2024-01-31 9417574 1 2023-03-01 2024-01-31
Company registration number: 9417574
Essex Estimating & Surveying Services Limited
Unaudited filleted financial statements
31 January 2024
Essex Estimating & Surveying Services Limited
Contents
Directors and other information
Statement of financial position
Notes to the financial statements
Essex Estimating & Surveying Services Limited
Directors and other information
Director Mr Ian Nicholls
Company number 9417574
Registered office Office 1 Riverside Court
24 Lower Southend Road
Wickford
SS11 8AW
Business address 4 Redwood Drive
Writtle
Chelmsford
CM1 3LY
Accountants Hill Allen (Wickford) Limited
Office 1 Riverside Court
24 Lower Southend Road
Wickford
Essex
SS11 8AW
Bankers National Westminster Bank
Chatham Customer Service Centre
Western Avenue
Waterside, Chatham Maritime
ME4 4RT
Essex Estimating & Surveying Services Limited
Statement of financial position
31 January 2024
31/01/24 28/02/23
Note £ £ £ £
Current assets
Debtors 6 - 1,661
Cash at bank and in hand 315 6,428
_______ _______
315 8,089
Creditors: amounts falling due
within one year 7 ( 16,098) ( 10,983)
_______ _______
Net current liabilities ( 15,783) ( 2,894)
_______ _______
Total assets less current liabilities ( 15,783) ( 2,894)
_______ _______
Net liabilities ( 15,783) ( 2,894)
_______ _______
Capital and reserves
Called up share capital 1 1
Profit and loss account ( 15,784) ( 2,895)
_______ _______
Shareholder deficit ( 15,783) ( 2,894)
_______ _______
For the period ending 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The member has not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476;
- The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 12 March 2024 , and are signed on behalf of the board by:
Mr Ian Nicholls
Director
Company registration number: 9417574
Essex Estimating & Surveying Services Limited
Notes to the financial statements
Period ended 31 January 2024
1. General information
The company is a private company limited by shares, registered in England & Wales. The address of the registered office is Office 1 Riverside Court, 24 Lower Southend Road, Wickford, SS11 8AW.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland.The financial statements have been prepared on the historical cost basis.The financial statements are prepared in sterling, which is the functional currency of the entity.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Tangible assets
tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Plant and machinery - 33 % straight line
Fittings fixtures and equipment - 33 % straight line
If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.
4. Employee numbers
The average number of persons employed by the company during the period amounted to 1 (2023: 1 ).
5. Tangible assets
Plant and machinery Fixtures, fittings and equipment Total
£ £ £
Cost
At 1 March 2023 and 31 January 2024 346 1,671 2,017
_______ _______ _______
Depreciation
At 1 March 2023 and 31 January 2024 346 1,671 2,017
_______ _______ _______
Carrying amount
At 31 January 2024 - - -
_______ _______ _______
At 28 February 2023 - - -
_______ _______ _______
6. Debtors
31/01/24 28/02/23
£ £
Trade debtors - 1,661
_______ _______
7. Creditors: amounts falling due within one year
31/01/24 28/02/23
£ £
Corporation tax 1,493 8,855
Social security and other taxes 124 296
Other creditors 14,481 1,832
_______ _______
16,098 10,983
_______ _______
8. Controlling party
The company is controlled by the director I Nicholls .