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REGISTERED NUMBER: 08561844 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

ECHO GROUP LIMITED

ECHO GROUP LIMITED (REGISTERED NUMBER: 08561844)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 31 December 2023










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


ECHO GROUP LIMITED

COMPANY INFORMATION
For The Year Ended 31 December 2023







DIRECTORS: M S Arnold
S D C Macleod
N Sherlock
R C Jordan





REGISTERED OFFICE: PM House
Riverway Estate
Old Portsmouth Road
Guildford
Surrey
GU3 1LZ





REGISTERED NUMBER: 08561844 (England and Wales)

ECHO GROUP LIMITED (REGISTERED NUMBER: 08561844)

ABRIDGED BALANCE SHEET
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 5,899 5,201
Tangible assets 5 882 1,176
Investments 6 200 200
6,981 6,577

CURRENT ASSETS
Debtors 117,616 267,182
Cash at bank 173,944 9,406
291,560 276,588
CREDITORS
Amounts falling due within one year 107,248 108,215
NET CURRENT ASSETS 184,312 168,373
TOTAL ASSETS LESS CURRENT
LIABILITIES

191,293

174,950

CREDITORS
Amounts falling due after more than one year 16,924 23,051
NET ASSETS 174,369 151,899

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 174,269 151,799
SHAREHOLDERS' FUNDS 174,369 151,899

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 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.

ECHO GROUP LIMITED (REGISTERED NUMBER: 08561844)

ABRIDGED 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 December 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the Board of Directors and authorised for issue on 30 March 2024 and were signed on its behalf by:




M S Arnold - Director



S D C Macleod - Director


ECHO GROUP LIMITED (REGISTERED NUMBER: 08561844)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 31 December 2023


1. STATUTORY INFORMATION

Echo Group 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
The financial statements have been prepared in accordance with the provisions of Section 1A ''Smaller Entities'' of Financial Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover represents sales of communication, reputation and brand research consultancy services, excluding value added tax, performed during the year.

Turnover is recognised as the right to consideration arises and adjustments are made for accrued and deferred income.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of five years.

Tangible fixed assets
Tangible fixed assets are stated at cost or valuation less accumulated depreciation. Cost includes costs directly attributable to making the asset capable of operating as intended by management.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Motor vehicles-25% reducing balance
Fixtures and furniture-25% reducing balance

Financial instruments
The company enters into basic financial instruments, which result in the recognition of financial assets and liabilities. Financial instruments are recognised at amortised cost. At the end of each reporting period financial instruments are assessed for evidence of impairment, and changes are recognised in profit or loss.

Taxation
Taxation for the year comprises current 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 tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods.

Consideration is given to whether deferred tax should be provided in respect of material timing differences which have not reversed at the balance sheet date. Deferred tax assets are only recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or future taxable profits.

Current tax assets and liabilities are not discounted and are 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.

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.

ECHO GROUP LIMITED (REGISTERED NUMBER: 08561844)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 December 2023


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 3 ) .

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2023 8,127
Additions 1,543
At 31 December 2023 9,670
AMORTISATION
At 1 January 2023 2,926
Amortisation for year 845
At 31 December 2023 3,771
NET BOOK VALUE

At 31 December 2023 5,899
At 31 December 2022 5,201

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2023
and 31 December 2023 11,923
DEPRECIATION
At 1 January 2023 10,747
Charge for year 294
At 31 December 2023 11,041
NET BOOK VALUE
At 31 December 2023 882
At 31 December 2022 1,176

6. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST
At 1 January 2023
and 31 December 2023 200
NET BOOK VALUE
At 31 December 2023 200
At 31 December 2022 200

ECHO GROUP LIMITED (REGISTERED NUMBER: 08561844)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 December 2023


7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2023 2022
£    £   
Within one year 1,766 7,063
Between one and five years - 1,766
1,766 8,829