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REGISTERED NUMBER: 11823275 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2023

for

EC INVESTMENTS (NW) LTD

EC INVESTMENTS (NW) LTD (Registered number: 11823275)






Contents of the Financial Statements
for the Year Ended 28 February 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


EC INVESTMENTS (NW) LTD

Company Information
for the Year Ended 28 February 2023







DIRECTORS: Mr Elliot Franklyn Barton
Mrs Charlotte Margaret Tiplady
Mr Dean John Tiplady





REGISTERED OFFICE: 9 Acorn Way
Bootle
Liverpool
Merseyside
L20 6QA





REGISTERED NUMBER: 11823275 (England and Wales)





ACCOUNTANTS: DBS Corporate Accountants
Suite 4102, Charlotte House
Queens Dock Business Centre
67-83 Norfolk Street
Liverpool
Merseyside
L1 0BG

EC INVESTMENTS (NW) LTD (Registered number: 11823275)

Balance Sheet
28 February 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,742,123 2,298,480

CURRENT ASSETS
Debtors 5 995,854 853,831
Cash at bank and in hand 151,267 20,022
1,147,121 873,853
CREDITORS
Amounts falling due within one year 6 2,519,292 2,300,379
NET CURRENT LIABILITIES (1,372,171 ) (1,426,526 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,369,952

871,954

CREDITORS
Amounts falling due after more than
one year

7

1,279,209

778,896
NET ASSETS 90,743 93,058

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 90,643 92,958
90,743 93,058

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

EC INVESTMENTS (NW) LTD (Registered number: 11823275)

Balance Sheet - continued
28 February 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 November 2023 and were signed on its behalf by:





Mr Dean John Tiplady - Director


EC INVESTMENTS (NW) LTD (Registered number: 11823275)

Notes to the Financial Statements
for the Year Ended 28 February 2023

1. STATUTORY INFORMATION

EC INVESTMENTS (NW) LTD is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

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 the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 15% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

EC INVESTMENTS (NW) LTD (Registered number: 11823275)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 March 2022 2,150,155 174,500 2,324,655
Additions 443,631 119,750 563,381
Disposals - (108,000 ) (108,000 )
At 28 February 2023 2,593,786 186,250 2,780,036
DEPRECIATION
At 1 March 2022 - 26,175 26,175
Charge for year - 27,938 27,938
Eliminated on disposal - (16,200 ) (16,200 )
At 28 February 2023 - 37,913 37,913
NET BOOK VALUE
At 28 February 2023 2,593,786 148,337 2,742,123
At 28 February 2022 2,150,155 148,325 2,298,480

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade debtors 11,094 7,766
Other debtors 984,760 846,065
995,854 853,831

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Bank loans and overdrafts 25,511 25,413
Hire purchase contracts 56,536 34,792
Trade creditors 22,414 5,343
Other creditors 2,414,831 2,234,831
2,519,292 2,300,379

EC INVESTMENTS (NW) LTD (Registered number: 11823275)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
28.2.23 28.2.22
£    £   
Bank loans 1,146,004 680,405
Hire purchase contracts 133,205 98,491
1,279,209 778,896

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 664,085 172,975

Repayable by instalments
Bank loans more 5 yr by instal 323,480 363,090