1 March 2022 false Taxfiler 2023.9.1 12448391business:PrivateLimitedCompanyLtd2022-03-012023-02-28 124483912022-02-28 124483912022-03-012023-02-28 12448391business:AuditExempt-NoAccountantsReport2022-03-012023-02-28 12448391business:FilletedAccounts2022-03-012023-02-28 124483912023-02-28 12448391business:Director12022-03-012023-02-28 12448391business:RegisteredOffice2022-03-012023-02-28 124483912022-02-28 12448391core:WithinOneYear2023-02-28 12448391core:WithinOneYear2022-02-28 12448391core:AfterOneYear2023-02-28 12448391core:AfterOneYear2022-02-28 12448391core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 12448391core:ShareCapitalcore:PreviouslyStatedAmount2022-02-28 12448391core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 12448391core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-02-28 12448391core:PreviouslyStatedAmount2023-02-28 12448391core:PreviouslyStatedAmount2022-02-28 12448391business:SmallEntities2022-03-012023-02-28 12448391countries:EnglandWales2022-03-012023-02-28 12448391core:PlantMachinery2022-03-012023-02-28 12448391core:MotorVehicles2022-03-012023-02-28 12448391core:ComputerEquipment2022-03-012023-02-28 12448391core:PlantMachinery2022-02-28 12448391core:MotorVehicles2022-02-28 12448391core:ComputerEquipment2022-02-28 12448391core:PlantMachinery2023-02-28 12448391core:MotorVehicles2023-02-28 12448391core:ComputerEquipment2023-02-28 12448391core:MotorVehiclescore:LeasedAssetsHeldAsLessee2023-02-28 12448391core:MotorVehiclescore:LeasedAssetsHeldAsLessee2022-02-28 124483912021-03-012022-02-28 iso4217:GBP xbrli:pure
Company Registration No. 12448391 (England and Wales)
ECO FRIENDLY ENERGY LTD Unaudited accounts for the year ended 28 February 2023
ECO FRIENDLY ENERGY LTD Unaudited accounts Contents
Page
- 2 -
ECO FRIENDLY ENERGY LTD Company Information for the year ended 28 February 2023
Director
Mathew J Terry
Company Number
12448391 (England and Wales)
Registered Office
HEN TRECNWC GLANDWR WHITLAND SA34 0YD WALES
Accountants
Abacus Jack Ltd New Century House Crowther Road Washington Tyne and Wear NE38 0QA
- 3 -
ECO FRIENDLY ENERGY LTD Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,144 
24,359 
Current assets
Debtors
106,370 
45,235 
Cash at bank and in hand
(3,417)
60,845 
102,953 
106,080 
Creditors: amounts falling due within one year
(36,345)
(36,943)
Net current assets
66,608 
69,137 
Total assets less current liabilities
69,752 
93,496 
Creditors: amounts falling due after more than one year
(68,636)
(24,183)
Net assets
1,116 
69,313 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
1,114 
69,311 
Shareholders' funds
1,116 
69,313 
For the year ending 28 February 2023 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 19 October 2023 and were signed on its behalf by
Mathew J Terry Director Company Registration No. 12448391
- 4 -
ECO FRIENDLY ENERGY LTD Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
ECO FRIENDLY ENERGY LTD is a private company, limited by shares, registered in England and Wales, registration number 12448391. The registered office is HEN TRECNWC, GLANDWR, WHITLAND, SA34 0YD, WALES.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Straight Line
Motor vehicles
20% Straight Line
Computer equipment
Over 3 years
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 March 2022
9,663 
19,795 
1,249 
30,707 
Disposals
- 
(19,785)
- 
(19,785)
At 28 February 2023
9,663 
10 
1,249 
10,922 
Depreciation
At 1 March 2022
1,973 
3,959 
416 
6,348 
Charge for the year
1,973 
6,959 
416 
9,348 
On disposals
- 
(7,918)
- 
(7,918)
At 28 February 2023
3,946 
3,000 
832 
7,778 
Net book value
At 28 February 2023
5,717 
(2,990)
417 
3,144 
At 28 February 2022
7,690 
15,836 
833 
24,359 
2023 
2022 
Carrying values included above held under finance leases and hire purchase contracts:
£ 
£ 
- Motor vehicles
- 
15,836 
- 5 -
ECO FRIENDLY ENERGY LTD Notes to the Accounts for the year ended 28 February 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
11,421 
11,016 
Trade debtors
- 
70 
Other debtors
- 
11,562 
11,421 
22,648 
Amounts falling due after more than one year
Amounts due from group undertakings etc.
94,949 
22,587 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
26,120 
4,440 
VAT
181 
- 
Obligations under finance leases and hire purchase contracts
- 
4,155 
Taxes and social security
29,671 
29,257 
Loans from directors
(35,746)
(909)
Accruals
16,119 
- 
36,345 
36,943 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
68,636 
12,024 
Obligations under finance leases and hire purchase contracts
- 
12,159 
68,636 
24,183 
8
Loans to directors
Director's loan have been repaid within 9 months of the company year end.
9
Average number of employees
During the year the average number of employees was 4 (2022: 4).
- 6 -