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REGISTERED NUMBER: 08149612 (England and Wales)















Echo Interior Design Ltd

Unaudited Financial Statements

for the year ended

31 July 2023






Echo Interior Design Ltd (Registered number: 08149612)

Contents of the Financial Statements
for the year ended 31 July 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3 to 4


Echo Interior Design Ltd

Company Information
for the year ended 31 July 2023







DIRECTOR: Mr S J Criddle





REGISTERED OFFICE: Unit B27 Moorside Business Park
Moorside
Colchester
CO1 2ZF





REGISTERED NUMBER: 08149612 (England and Wales)

Echo Interior Design Ltd (Registered number: 08149612)

Balance Sheet
31 July 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 4,762 4,957

CURRENT ASSETS
Debtors 5 10,968 1,924
Cash at bank and in hand 507 4,018
11,475 5,942
CREDITORS
Amounts falling due within one year 6 (27,411 ) (36,773 )
NET CURRENT LIABILITIES (15,936 ) (30,831 )
TOTAL ASSETS LESS CURRENT LIABILITIES (11,174 ) (25,874 )

CREDITORS
Amounts falling due after more than one year 7 (6,234 ) (9,633 )
NET LIABILITIES (17,408 ) (35,507 )

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (17,409 ) (35,508 )
(17,408 ) (35,507 )

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

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

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 April 2024 and were signed by:





Mr S J Criddle - Director


Echo Interior Design Ltd (Registered number: 08149612)

Notes to the Financial Statements
for the year ended 31 July 2023


1. STATUTORY INFORMATION

Echo Interior Design Ltd 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 Pound Sterling (£) and the financial statements are
rounded to the nearest Pound.

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.
Motor vehicles - 15% on cost
Office equipment - 15% on cost

Financial instruments
Basic financial instruments are measured at amortised cost.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Government grants
The company has chosen to adopt the accruals model in relation to income received from the government.
Grants and other government related income is recognised in the income statement on a systematic basis.
The entity recognises gross costs for which the grant is intended to compensate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

Echo Interior Design Ltd (Registered number: 08149612)

Notes to the Financial Statements - continued
for the year ended 31 July 2023


4. TANGIBLE FIXED ASSETS
Motor Office
vehicles equipment Totals
£    £    £   
COST
At 1 August 2022 8,220 4,191 12,411
Additions - 1,507 1,507
At 31 July 2023 8,220 5,698 13,918
DEPRECIATION
At 1 August 2022 3,699 3,755 7,454
Charge for year 1,233 469 1,702
At 31 July 2023 4,932 4,224 9,156
NET BOOK VALUE
At 31 July 2023 3,288 1,474 4,762
At 31 July 2022 4,521 436 4,957

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 10,968 1,924

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 3,400 2,959
Trade creditors 1,562 11,536
Amounts owed to group undertakings 21,030 21,030
Taxation and social security 1,219 888
Other creditors 200 360
27,411 36,773

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 6,234 9,633