1 April 2021 v2022.13.1 limited_company_frs_102_section_1a_v1_0_8 companies_houseSoftwarefalsetruetruetrueNo description of principal activityxbrli:purexbrli:sharesiso4217:GBPSC4445142021-04-012022-03-31SC4445142022-03-31SC444514bus:Director12021-04-012022-03-31SC4445142020-04-012021-03-31SC444514core:RetainedEarningsAccumulatedLosses2021-04-01SC444514core:RetainedEarningsAccumulatedLosses2020-04-01SC444514core:RetainedEarningsAccumulatedLosses2020-04-012021-03-31SC444514core:RetainedEarningsAccumulatedLosses2022-03-31SC444514core:RetainedEarningsAccumulatedLosses2021-03-31SC4445142021-03-31SC444514core:WithinOneYear2021-03-31SC444514core:ShareCapital2022-03-31SC444514core:ShareCapital2021-03-31SC444514bus:RegisteredOffice2021-04-012022-03-31SC444514core:OfficeEquipment2021-04-012022-03-31SC444514core:PlantMachinery2022-03-31SC44451412021-04-012022-03-31SC444514countries:Scotland2021-04-012022-03-31SC444514bus:AuditExempt-NoAccountantsReport2021-04-012022-03-31SC444514bus:PrivateLimitedCompanyLtd2021-04-012022-03-31SC444514bus:SmallEntities2021-04-012022-03-31SC444514bus:FullAccounts2021-04-012022-03-31
Company registration number:
SC444514
Ewart Controls Limited
Unaudited Financial Statements for the year ended
31 March 2022
Ewart Controls Limited
Director's Report
Year ended
31 March 2022
The director presents the report and the unaudited
financial statements
of the company for the year ended
31 March 2022
.
Principal activities
The principal activity of the company during the year was management consultancy activities other than financial management.

Directors

The director who served the company during the year was as follows:
Mr. I Ewart

Incorporation

The company was incorporated and commenced trading on the 7 March 2013.

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
This report was approved by the board of directors on
13 September 2022
and signed on behalf of the board by:
Mr. I Ewart
Director
Ewart Controls Limited
Income Statement
Year ended
31 March 2022
20222021
££
Turnover
7,260
 
143,749
 
Cost of sales -   (99,101 )
Gross profit
7,260
 
44,648
 
Administrative expenses
(11,886
)
(23,491
)
Other operating income
2,956
  -  
Operating (loss)/profit
(1,670
)
21,157
 
(Loss)/profit before tax
(1,670
)
21,157
 
Tax on (loss)/profit
(317
)
(4,020
)
(Loss)/profit for the financial year
(1,987
)
17,137
 
The company has no other recognised items of income or expense other than the results for the year as set out above.
Ewart Controls Limited
Statement of Income and Retained Earnings
Year ended
31 March 2022
20222021
££
Retained earnings at the start of the year
10,126
 
3,032
 
(Loss)/profit for the financial year
(1,987
)
17,137
 
Dividends declared and paid or payable during the year -  
(10,043
)
Retained earnings at the end of the year
8,139
 
10,126
 
Ewart Controls Limited
Statement of Financial Position
31 March 2022
20222021
Note££
Current assets    
Debtors 6
5,803
  -  
Cash at bank and in hand
2,346
 
19,164
 
8,149
 
19,164
 
Creditors: amounts falling due within one year 7 -  
(9,028
)
Net current assets
8,149
 
10,136
 
Total assets less current liabilities 8,149   10,136  
Capital and reserves    
Called up share capital
10
 
10
 
Profit and loss account
8,139
 
10,126
 
Shareholders funds
8,149
 
10,136
 
For the year ending
31 March 2022
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the year 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 in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
These
financial statements
were approved by the board of directors and authorised for issue on
13 September 2022
, and are signed on behalf of the board by:
Mr. I Ewart
Director
Company registration number:
SC444514
Ewart Controls Limited
Notes to the Financial Statements
Year ended
31 March 2022

1 General information

The company is a private company limited by shares and is registered in Scotland. The address of the registered office is
7 Byreside
,
Seafield
,
Bathgate
,
West Lothian
,
EH47 7BF
, .

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.
Any tangible assets carried at a revalued amount 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. However, the increase is recognised in profit or loss to the extent that 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. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Office equipment
33% straight line

Defined contribution pension plan

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4 Average number of employees

The average number of persons employed by the company during the year was
1
(2021:
1.00
).

5 Tangible assets

Plant and machinery etc.
£
Cost  
At
1 April 2021
and
31 March 2022
1,092
 
Depreciation  
At
1 April 2021
and
31 March 2022
1,092
 
Carrying amount  
At
31 March 2022
-  
At 31 March 2021 -  

6 Debtors

20222021
££
Other debtors
5,803
  -  

7 Creditors: amounts falling due within one year

20222021
££
Taxation and social security -  
9,028