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REGISTERED NUMBER: 06965411 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

FOR

ECO ASSOCIATES WORLDWIDE LIMITED

ECO ASSOCIATES WORLDWIDE LIMITED (REGISTERED NUMBER: 06965411)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ECO ASSOCIATES WORLDWIDE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTOR: A Perry





SECRETARY:





REGISTERED OFFICE: Create Business Hub
Ground Floor
5 Rayleigh Road
Hutton, Brentwood.
Essex
CM13 1AB





REGISTERED NUMBER: 06965411 (England and Wales)





ACCOUNTANTS: Tish Press & Company
Create Business Hub
Ground Floor
5 Rayleigh Road
Hutton, Brentwood.
Essex
CM13 1AB

ECO ASSOCIATES WORLDWIDE LIMITED (REGISTERED NUMBER: 06965411)

BALANCE SHEET
31 MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 178,562 180,476

CURRENT ASSETS
Stocks 886,200 650,210
Cash at bank 85,533 103,611
971,733 753,821
CREDITORS
Amounts falling due within one year 5 509,465 395,016
NET CURRENT ASSETS 462,268 358,805
TOTAL ASSETS LESS CURRENT
LIABILITIES

640,830

539,281

CREDITORS
Amounts falling due after more than one
year

6

533,409

431,524
NET ASSETS 107,421 107,757

CAPITAL AND RESERVES
Called up share capital 25,000 25,000
Retained earnings 82,421 82,757
SHAREHOLDERS' FUNDS 107,421 107,757

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

ECO ASSOCIATES WORLDWIDE LIMITED (REGISTERED NUMBER: 06965411)

BALANCE SHEET - continued
31 MARCH 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 director and authorised for issue on 23 December 2023 and were signed by:





A Perry - Director


ECO ASSOCIATES WORLDWIDE LIMITED (REGISTERED NUMBER: 06965411)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1. STATUTORY INFORMATION

ECO Associates Worldwide Limited 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.
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2022 - 8 ) .

ECO ASSOCIATES WORLDWIDE LIMITED (REGISTERED NUMBER: 06965411)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and Motor
property fittings vehicles Totals
£    £    £    £   
COST
At 1 April 2022
and 31 March 2023 167,851 37,162 1,500 206,513
DEPRECIATION
At 1 April 2022 - 24,737 1,300 26,037
Charge for year - 1,864 50 1,914
At 31 March 2023 - 26,601 1,350 27,951
NET BOOK VALUE
At 31 March 2023 167,851 10,561 150 178,562
At 31 March 2022 167,851 12,425 200 180,476

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other loans - 80,715
Trade creditors 469,401 277,059
Tax 6,909 12,613
Social security and other taxes 5,657 6,296
VAT 24,475 1,543
Other creditors 398 14,165
Accruals and deferred income 2,625 2,625
509,465 395,016

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Other loans - 2-5 years 147,227 50,000
Directors' loan accounts 386,182 381,524
533,409 431,524