Caseware UK (AP4) 2022.0.179 2022.0.179 2022-12-312015-05-062015-05-062022-12-31falsefalseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2022-01-01Investment in Renewable Energy1515false 09577074 2021-12-31 09577074 2022-01-01 2022-12-31 09577074 2021-01-01 2021-12-31 09577074 2022-12-31 09577074 c:Director1 2022-01-01 2022-12-31 09577074 c:Director1 2022-12-31 09577074 c:RegisteredOffice 2022-01-01 2022-12-31 09577074 d:Non-currentFinancialInstruments 2022-12-31 09577074 d:Non-currentFinancialInstruments 2021-12-31 09577074 c:FRS102 2022-01-01 2022-12-31 09577074 c:AuditExempt-NoAccountantsReport 2022-01-01 2022-12-31 09577074 c:FullAccounts 2022-01-01 2022-12-31 09577074 c:PrivateLimitedCompanyLtd 2022-01-01 2022-12-31 iso4217:GBP xbrli:pure

Registered number: 09577074









ECAP SERVICES LIMITED







UNAUDITED

DIRECTOR'S REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2022

 
ECAP SERVICES LIMITED
 
 
COMPANY INFORMATION


Director
Dr. Albrecht Frischenschlager (appointed 6 May 2015)




Registered number
09577074



Registered office
Suite 177
 8, Shepherd Market, London

London

W1J 7JY




Trading Address






Director

The director who served during the year was:

Dr. Albrecht Frischenschlager (appointed 6 May 2015)

Small companies note

In preparing this report, the director has taken advantage of the small companies exemptions provided by section 415A of the Companies Act 2006.

This report was approved by the board on 30 September 2023 and signed on its behalf.
 





Dr. Albrecht Frischenschlager
Director


 
ECAP SERVICES LIMITED
REGISTERED NUMBER: 09577074

BALANCE SHEET
AS AT 31 DECEMBER 2022

2022
2021
KZT
KZT


Fixed assets
-
23,753,259

Current assets
71,797,976
419,567,711

Creditors: amounts falling due within one year
(346,207)
(397,162,026)

Net current assets
 
 
71,451,769
 
 
22,405,685

Total assets less current liabilities
71,451,769
46,158,944

Creditors: amounts falling due after more than one year
(84,079,945)
-


Net (liabilities)/assets
(12,628,176)
46,158,944



Capital and reserves
(12,628,176)
46,158,944


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 30 September 2023.




Dr. Albrecht Frischenschlager
Director


 
ECAP SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

1.


General information

Asset Management Services

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is KZT.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Profit and Loss Account within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.


 
ECAP SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

2.Accounting policies (continued)

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.


3.


Employees

The average monthly number of employees, including the director, during the year was as follows:


        2022
        2021
            No.
            No.







Average Number of Employees
15
15


 
ECAP SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

4.


Creditors: Amounts falling due after more than one year

2022
2021
KZT
KZT

Other creditors
84,079,945
-

84,079,945
-