Company Registration No. 13623829 (England and Wales)
ECHO 4 LTD
Unaudited accounts
for the year ended 30 September 2023
ECHO 4 LTD
Unaudited accounts
Contents
ECHO 4 LTD
Company Information
for the year ended 30 September 2023
Company Number
13623829 (England and Wales)
Registered Office
HANGAR 4 SPITFIRE WAY
LEE-ON-THE-SOLENT
HAMPSHIRE
PO13 9GA
ENGLAND
Accountants
Accounts and Returns Ltd
26 Smith St
Warwick
CV34 4HS
ECHO 4 LTD
Statement of financial position
as at 30 September 2023
Tangible assets
16,043
12,813
Cash at bank and in hand
5,816
7,025
Creditors: amounts falling due within one year
(80,496)
(65,836)
Net current liabilities
(26,258)
(36,417)
Net liabilities
(10,215)
(23,604)
Called up share capital
2
2
Profit and loss account
(10,217)
(23,606)
Shareholders' funds
(10,215)
(23,604)
For the year ending 30 September 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 25 March 2024 and were signed on its behalf by
Michael Hill
Director
Company Registration No. 13623829
ECHO 4 LTD
Notes to the Accounts
for the year ended 30 September 2023
ECHO 4 LTD is a private company, limited by shares, registered in England and Wales, registration number 13623829. The registered office is HANGAR 4 SPITFIRE WAY, LEE-ON-THE-SOLENT, HAMPSHIRE, PO13 9GA, ENGLAND.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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% Reducing Balance
Motor vehicles
25% Reducing Balance
Computer equipment
25% Reducing Balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 October 2022
12,813
-
-
12,813
Additions
3,409
1,500
2,696
7,605
At 30 September 2023
16,222
1,500
2,696
20,418
Charge for the year
3,420
188
767
4,375
At 30 September 2023
3,420
188
767
4,375
At 30 September 2023
12,802
1,312
1,929
16,043
At 30 September 2022
12,813
-
-
12,813
ECHO 4 LTD
Notes to the Accounts
for the year ended 30 September 2023
Amounts falling due within one year
Accrued income and prepayments
-
20,000
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
6,671
15,428
Taxes and social security
2,634
2,002
Loans from directors
64,053
47,799
7
Transactions with related parties
During the year, the company received a loan amounting to £64,053 from members of key management personnel. The loan is to be repaid on demand and interest-free. At the balance sheet date, the loan was still outstanding and is presented within creditors: amounts falling due within one year.
Loan From Craig Burton: £12,000
Loan from Mike Hill: £52,053
8
Average number of employees
During the year the average number of employees was 3 (2022: 3).