REGISTERED NUMBER:
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Unaudited Financial Statements |
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for the Year Ended |
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30 June 2020 |
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for |
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Essence International Search Limited |
REGISTERED NUMBER:
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Unaudited Financial Statements |
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for the Year Ended |
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30 June 2020 |
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for |
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Essence International Search Limited |
Essence International Search Limited (Registered number: 08993177) |
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Contents of the Financial Statements |
for the Year Ended 30 June 2020 |
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Page |
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Balance Sheet | 1 |
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Notes to the Financial Statements | 2 |
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Essence International Search Limited (Registered number: 08993177) |
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Balance Sheet |
30 June 2020 |
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2020 | 2019 |
Notes | £ | £ |
CURRENT ASSETS |
Debtors | 4 |
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Cash at bank |
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CREDITORS |
Amounts falling due within one year | 5 |
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NET CURRENT ASSETS |
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TOTAL ASSETS LESS CURRENT
LIABILITIES |
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CREDITORS |
Amounts falling due after more than one
year |
6 |
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NET ASSETS |
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CAPITAL AND RESERVES |
Called up share capital | 8 |
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Retained earnings |
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SHAREHOLDERS' FUNDS |
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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. |
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In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered. |
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The financial statements were approved by the director and authorised for issue on
signed by: |
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Essence International Search Limited (Registered number: 08993177) |
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Notes to the Financial Statements |
for the Year Ended 30 June 2020 |
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1. | STATUTORY INFORMATION |
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Essence International Search Limited is a
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and Wales. The company's registered number and registered office address are as below: |
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Registered number: | 08993177 |
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Registered office: | 2 South View |
Collingham |
Wetherby |
LS22 5DF |
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2. | ACCOUNTING POLICIES |
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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 UK and Republic of Ireland" and the Companies Act |
2006 as applicable to companies subject to the small companies regime. The disclosure requirements |
of section 1A of FRS 102 have been applied other than where additional disclosure is required to show |
a true and fair view. |
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The financial statements have been prepared under the historical cost convention. |
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Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding value |
added tax. |
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Turnover from the supply of services represents the value of services provided under contracts to the |
extent that there is a right to consideration and is recorded at the fair value of the consideration |
received or receivable. |
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Taxation |
Current tax, including UK corporation tax is provided at amounts expected to be paid (or recovered) |
using the tax rates and laws that have been enacted or substantively enacted by the balance sheet |
date. |
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Financial instruments |
Financial assets and financial liabilities are recognised when the company becomes a party to the |
contractual provisions of the instrument. |
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Financial liabilities and equity instruments are classified according to the substance of the contractual |
arrangements entered into. An equity instrument is any contract that evidences a residual interest in |
the assets of the company after deducting all of its liabilities. |
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All financial assets and liabilities are initially measured at transaction price (including transaction |
costs), unless the arrangement constitutes a financing transaction. If an arrangement constitutes a |
financing transaction, the financial asset or financial liability is measured at the present value of the |
future payments discounted at a market rate of interest for a similar debt instrument. |
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The following assets and liabilities are classified as basic financial instruments - trade debtors, bank |
balances, trade creditors and other creditors. |
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Trade debtors, bank balances, trade creditors and other creditors are measured at the amortised cost |
equivalent to the undiscounted amount of cash or other consideration expected to be paid or received. |
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3. | EMPLOYEES AND DIRECTORS |
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The average number of employees during the year was
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Essence International Search Limited (Registered number: 08993177) |
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Notes to the Financial Statements - continued |
for the Year Ended 30 June 2020 |
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4. | DEBTORS |
2020 | 2019 |
£ | £ |
Amounts falling due within one year: |
Trade debtors |
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Other debtors |
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Amounts falling due after more than one year: |
Other debtors |
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Aggregate amounts |
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5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2020 | 2019 |
£ | £ |
Bank loans and overdrafts |
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Trade creditors |
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Taxation and social security |
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Other creditors |
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6. |
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR |
2020 | 2019 |
£ | £ |
Bank loans |
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Amounts falling due in more than five years: |
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Repayable by instalments |
Bank loans more 5 yr by instal | 5,500 | - |
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7. | SECURED DEBTS |
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The following secured debts are included within creditors: |
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2020 | 2019 |
£ | £ |
Bank overdraft |
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Bank overdraft is secured by way of a fixed and floating charge. |
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8. | CALLED UP SHARE CAPITAL |
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2020 | 2019 |
£ | £ |
Allotted, issued and fully paid | 4,001 | 4,001 |
Essence International Search Limited (Registered number: 08993177) |
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Notes to the Financial Statements - continued |
for the Year Ended 30 June 2020 |
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9. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
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The following advances and credits to a director subsisted during the years ended 30 June 2020 and |
30 June 2019: |
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2020 | 2019 |
£ | £ |
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Balance outstanding at start of year |
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Amounts advanced |
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Amounts repaid | ( |
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Amounts written off | - | - |
Amounts waived | - | - |
Balance outstanding at end of year |
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