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REGISTERED NUMBER: 06728278 (England and Wales)















Financial Statements for the Period 1 March 2022 to 26 February 2023

for

ECAM Holdings Limited

ECAM Holdings Limited (Registered number: 06728278)






Contents of the Financial Statements
for the Period 1 March 2022 to 26 February 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ECAM Holdings Limited

Company Information
for the Period 1 March 2022 to 26 February 2023







DIRECTORS: C Amoo
Mrs S Amoo





REGISTERED OFFICE: 116 Duke Street
Liverpool
Merseyside
L1 5JW





REGISTERED NUMBER: 06728278 (England and Wales)





ACCOUNTANTS: Cobham Murphy
116 Duke Street
Liverpool
Merseyside
L1 5JW

ECAM Holdings Limited (Registered number: 06728278)

Balance Sheet
26 February 2023

26.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Investments 4 100,000 100,000
Investment property 5 3,770,024 3,990,085
3,870,024 4,090,085

CURRENT ASSETS
Debtors 6 24,500 12,000
Cash at bank 19,552 4,444
44,052 16,444
CREDITORS
Amounts falling due within one year 7 2,598,980 2,839,150
NET CURRENT LIABILITIES (2,554,928 ) (2,822,706 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,315,096

1,267,379

CREDITORS
Amounts falling due after more than one
year

8

851,261

966,499
NET ASSETS 463,835 300,880

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Share premium 99,000 99,000
Retained earnings 363,835 200,880
SHAREHOLDERS' FUNDS 463,835 300,880

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 26 February 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 26 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.

ECAM Holdings Limited (Registered number: 06728278)

Balance Sheet - continued
26 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 9 April 2024 and were signed on its behalf by:





Mrs S Amoo - Director


ECAM Holdings Limited (Registered number: 06728278)

Notes to the Financial Statements
for the Period 1 March 2022 to 26 February 2023

1. STATUTORY INFORMATION

ECAM Holdings 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.

Despite the company's net current liabilities position at the year end the directors still feel that the going concern basis of the preparation of the financial statements is still appropriate.

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.

Significant judgements and estimates
There are no judgements (apart from those involving estimates) that have had a significant effect on amounts recognised in the financial statements.

Turnover
Turnover is measured at the fair value of the consideration of rents received excluding value added tax. Turnover is recognised in the period it relates to.

Investments in subsidiaries
Investments included in the company balance sheet are recorded at cost less any provisions for impairment.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments
Bank loans are initially measured at the present value of future payments, discounted at a market rate of interest, and subsequently at amortised cost using the effective interest method.

Directors loans and intercompany loans (being repayable on demand), trade debtors and trade creditors are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.

Financial assets that are measured at amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit and loss.

Taxation
Taxation for the period 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.


ECAM Holdings Limited (Registered number: 06728278)

Notes to the Financial Statements - continued
for the Period 1 March 2022 to 26 February 2023

2. ACCOUNTING POLICIES - continued
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 period 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.

3. EMPLOYEES AND DIRECTORS

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

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 March 2022
and 26 February 2023 100,000
NET BOOK VALUE
At 26 February 2023 100,000
At 28 February 2022 100,000

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 March 2022 3,990,085
Disposals (220,061 )
At 26 February 2023 3,770,024
NET BOOK VALUE
At 26 February 2023 3,770,024
At 28 February 2022 3,990,085

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
26.2.23 28.2.22
£    £   
Other debtors 24,500 12,000

ECAM Holdings Limited (Registered number: 06728278)

Notes to the Financial Statements - continued
for the Period 1 March 2022 to 26 February 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
26.2.23 28.2.22
£    £   
Bank loans and overdrafts 14,839 20,308
Amounts owed to group undertakings 2,542,325 2,777,026
Other creditors 41,816 41,816
2,598,980 2,839,150

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
26.2.23 28.2.22
£    £   
Bank loans 851,261 966,499

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans due after 5 years 779,297 872,101

9. SECURED DEBTS

The following secured debts are included within creditors:

26.2.23 28.2.22
£    £   
Bank loans 866,099 969,806

10. RELATED PARTY DISCLOSURES

Both S Amoo and C Amoo are directors os AS & A Limited. Included in other debtors as at 26th February 2023 is £24,500 (2022 £12,000) owing from AS & A Limited.

This loan is interest free and repayable on demand.