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REGISTERED NUMBER: 10515111 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Ecoratio Limited

Ecoratio Limited (Registered number: 10515111)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Ecoratio Limited

Company Information
for the Year Ended 31 December 2023







DIRECTOR: M Hollenbenders





REGISTERED OFFICE: Regus House Herald Way
Pegasus Business Park
Castle Donington
Derby
DE74 2TZ





REGISTERED NUMBER: 10515111 (England and Wales)





ACCOUNTANTS: Jeffrey Crawford & Co
Chartered Accountants
25 Castle Terrace
Edinburgh
EH1 2ER

Ecoratio Limited (Registered number: 10515111)

Balance Sheet
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,186 6,040

CURRENT ASSETS
Stocks 123,140 118,745
Debtors 5 98,757 180,521
Cash at bank 108,508 78,441
330,405 377,707
CREDITORS
Amounts falling due within one year 6 269,428 327,203
NET CURRENT ASSETS 60,977 50,504
TOTAL ASSETS LESS CURRENT
LIABILITIES

65,163

56,544

PROVISIONS FOR LIABILITIES 795 1,147
NET ASSETS 64,368 55,397

CAPITAL AND RESERVES
Called up share capital 25,000 25,000
Retained earnings 39,368 30,397
64,368 55,397

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

Ecoratio Limited (Registered number: 10515111)

Balance Sheet - continued
31 December 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 4 March 2024 and were signed by:





M Hollenbenders - Director


Ecoratio Limited (Registered number: 10515111)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Ecoratio 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Going concern
The financial statements have been prepared on the going concern basis. The companies profitability has continued to improve since incorporation and maintains a healthy net assets balance. This trend is expected to continue into the future.

The directors therefore consider that it is appropriate to prepare the accounts on the going concern basis.

Turnover
Turnover represents the value, net of value added tax and discounts, of amounts invoiced during the year in respect of goods and services provided to customers and is recognised when goods are delivered.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery etc1-5 years

Impairment of assets
At each reporting date fixed assets are reviewed to determine whether there is any indication that those assets have suffered an impairment loss. If there is an indication of possible impairment, the recoverable amount of any affected asset is estimated and compared with its carrying amount. If estimated recoverable amount is lower, the carrying amount is reduced to its estimated recoverable amount, and an impairment loss is recognised immediately in profit or loss.

Stocks
Stocks are valued at the lower of cost and net realisable value. Annual stocktakes are carried out at the balance sheet date to update the electronic stock records maintained and identify and provide for obsolete and slow moving items.

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, directors loan and bank loan.

Trade debtors and trade creditors are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.


Ecoratio Limited (Registered number: 10515111)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

2. ACCOUNTING POLICIES - continued
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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023 53,198
Additions 2,361
At 31 December 2023 55,559
DEPRECIATION
At 1 January 2023 47,158
Charge for year 4,215
At 31 December 2023 51,373
NET BOOK VALUE
At 31 December 2023 4,186
At 31 December 2022 6,040

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 88,146 170,261
Other debtors 10,611 10,260
98,757 180,521

Ecoratio Limited (Registered number: 10515111)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 2,462 3,415
Amounts owed to group undertakings 213,060 263,022
Taxation and social security 27,972 41,357
Other creditors 25,934 19,409
269,428 327,203

7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2023 2022
£    £   
Within one year 7,183 7,183
Between one and five years 8,980 16,163
16,163 23,346

8. RELATED PARTY DISCLOSURES

The parent undertaking of the smallest group in which the results of the company are consolidated is Van den Bergh Productie BV, a company registered in Netherlands with its registered address at Beatrixhaven 27, 4251 NK, Werkendam, Netherlands.