ECSEC LIMITED

Company Registration Number:
01420514 (England and Wales)

Unaudited abridged accounts for the year ended 28 February 2022

Period of accounts

Start date: 01 March 2021

End date: 28 February 2022

ECSEC LIMITED

Contents of the Financial Statements

for the Period Ended 28 February 2022

Balance sheet
Notes

ECSEC LIMITED

Balance sheet

As at 28 February 2022


Notes

2022

2021


£

£
Fixed assets
Tangible assets: 3 217,546 181,658
Total fixed assets: 217,546 181,658
Current assets
Stocks: 486,495 131,166
Debtors:   863,419 456,102
Cash at bank and in hand: 1,302,047 580,363
Total current assets: 2,651,961 1,167,631
Creditors: amounts falling due within one year: 4 (2,206,041) (490,597)
Net current assets (liabilities): 445,920 677,034
Total assets less current liabilities: 663,466 858,692
Creditors: amounts falling due after more than one year: 5 (197,090) (185,943)
Total net assets (liabilities): 466,376 672,749
Capital and reserves
Called up share capital: 256,272 256,272
Share premium account: 15,000 15,000
Other reserves:   253,927
Profit and loss account: 195,104 147,550
Shareholders funds: 466,376 672,749

The notes form part of these financial statements

ECSEC LIMITED

Balance sheet statements

For the year ending 28 February 2022 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 26 August 2022
and signed on behalf of the board by:

Name: B R Trundle
Status: Director

The notes form part of these financial statements

ECSEC LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2022

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

ECSEC LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2022

2. Employees

2022 2021
Average number of employees during the period 8 9

ECSEC LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2022

3. Tangible Assets

Total
Cost £
At 01 March 2021 470,336
Additions 156,280
Disposals (116,913)
At 28 February 2022 509,703
Depreciation
At 01 March 2021 288,678
Charge for year 42,914
On disposals (39,435)
At 28 February 2022 292,157
Net book value
At 28 February 2022 217,546
At 28 February 2021 181,658

ECSEC LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2022

4. Creditors: amounts falling due within one year note

Bank overdrafts & loans 2022 £9,536 2021 £5,557Fince leases obligation 32,596 37,400Trade creditors 470,214 264,439Other taxes 362,417 54,468Other creditors 1,331,278 128,733Total 2,206,041 490,597

ECSEC LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2022

5. Creditors: amounts falling due after more than one year note

Bank loans 2022 £34,210 2021 £44,443Finance leases obligation 162,880 141,500Total 197,090 185,943

ECSEC LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2022

6. Financial commitments

Future minimum payments under a lease 2022 £8,5002021 £8,500