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REGISTERED NUMBER: 06241956 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2023

FOR

ENVIRONMENTAL INNOVATIONS LIMITED

ENVIRONMENTAL INNOVATIONS LIMITED (REGISTERED NUMBER: 06241956)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 October 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Certified Accountants' Report 7

ENVIRONMENTAL INNOVATIONS LIMITED

COMPANY INFORMATION
for the Year Ended 31 October 2023







DIRECTORS: Mr B M Back
Ms B Cepe





SECRETARY: Ms B Cepe





REGISTERED OFFICE: The Innovations Farm
Sawbridgeworth Road
Little Hallingbury
Bishop's Stortford
Hertfordshire
CM22 7QU





REGISTERED NUMBER: 06241956 (England and Wales)





ACCOUNTANTS: Stephen Farra Associates Limited
98 Hornchurch Road
Hornchurch
Essex
RM11 1JS

ENVIRONMENTAL INNOVATIONS LIMITED (REGISTERED NUMBER: 06241956)

BALANCE SHEET
31 October 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 37,019 37,425
Tangible assets 5 753 1,004
37,772 38,429

CURRENT ASSETS
Stocks 17,200 7,700
Debtors 6 23,183 58,105
Cash at bank 35,018 10,449
75,401 76,254
CREDITORS
Amounts falling due within one year 7 25,087 23,143
NET CURRENT ASSETS 50,314 53,111
TOTAL ASSETS LESS CURRENT
LIABILITIES

88,086

91,540

PROVISIONS FOR LIABILITIES 10,700 7,500
NET ASSETS 77,386 84,040

CAPITAL AND RESERVES
Called up share capital 2,000 2,000
Share premium 9,572 9,572
Retained earnings 65,814 72,468
SHAREHOLDERS' FUNDS 77,386 84,040

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

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

ENVIRONMENTAL INNOVATIONS LIMITED (REGISTERED NUMBER: 06241956)

BALANCE SHEET - continued
31 October 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 29 July 2024 and were signed on its behalf by:





Mr B M Back - Director


ENVIRONMENTAL INNOVATIONS LIMITED (REGISTERED NUMBER: 06241956)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 October 2023

1. STATUTORY INFORMATION

Environmental Innovations 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
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.
Plant and machinery etc - 25% on reducing balance

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

ENVIRONMENTAL INNOVATIONS LIMITED (REGISTERED NUMBER: 06241956)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 October 2023

3. EMPLOYEES AND DIRECTORS

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

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 November 2022
and 31 October 2023 50,091
AMORTISATION
At 1 November 2022 12,666
Charge for year 406
At 31 October 2023 13,072
NET BOOK VALUE
At 31 October 2023 37,019
At 31 October 2022 37,425

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 November 2022
and 31 October 2023 22,440
DEPRECIATION
At 1 November 2022 21,436
Charge for year 251
At 31 October 2023 21,687
NET BOOK VALUE
At 31 October 2023 753
At 31 October 2022 1,004

ENVIRONMENTAL INNOVATIONS LIMITED (REGISTERED NUMBER: 06241956)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 October 2023

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 6,102 11,771
Amounts owed by group undertakings 2,518 2,518
Other debtors 14,563 43,816
23,183 58,105

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 130 766
Amounts owed to group undertakings - 2,000
Taxation and social security 9,367 4,907
Other creditors 15,590 15,470
25,087 23,143

8. ULTIMATE CONTROLLING PARTY

The controlling party is Mr B M Back.

9. OTHER DEBTORS

Other Debtors contains loans outstanding from Mr D Cole of £19,870 and Ms L J Phillips of £15,306 which are still outstanding from when they resigned as directors'. The company has paid S455 tax of £8,639 on these former directors' overdrawn loan accounts.

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
ENVIRONMENTAL INNOVATIONS LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Environmental Innovations Limited for the year ended 31 October 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Environmental Innovations Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Environmental Innovations Limited and state those matters that we have agreed to state to the Board of Directors of Environmental Innovations Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Environmental Innovations Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Environmental Innovations Limited. You consider that Environmental Innovations Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Environmental Innovations Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Stephen Farra Associates Limited
98 Hornchurch Road
Hornchurch
Essex
RM11 1JS


29 July 2024