Registered number: 02328946 | ||||||||
FOR THE YEAR ENDED 31 MARCH 2024 | ||||||||
Prepared By: | ||||||||
Brook & Co Accountants | ||||||||
Chartered Certified Accountants | ||||||||
33A High Street | ||||||||
Stony Stratford | ||||||||
Milton Keynes | ||||||||
Bucks | ||||||||
MK11 1AA |
ENVIRONMENTAL DESIGN SOLUTIONS LIMITED | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 31 MARCH 2024 | ||||||||
DIRECTORS | ||||||||
REGISTERED OFFICE | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 02328946 | ||||||||
ACCOUNTANTS | ||||||||
Brook & Co Accountants | ||||||||
Chartered Certified Accountants | ||||||||
33A High Street | ||||||||
Stony Stratford | ||||||||
Milton Keynes | ||||||||
Bucks | ||||||||
MK11 1AA |
ENVIRONMENTAL DESIGN SOLUTIONS LIMITED | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED31 MARCH 2024 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Accountants' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
ENVIRONMENTAL DESIGN SOLUTIONS LIMITED | ||||||||
BALANCE SHEET AT | ||||||||||
2024 | 2023 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 2 | |||||||||
CURRENT ASSETS | ||||||||||
Debtors | 3 | |||||||||
Cash at bank and in hand | ||||||||||
210,762 | 187,441 | |||||||||
CREDITORS: Amounts falling due within one year | 4 | |||||||||
NET CURRENT ASSETS | 53,584 | |||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
CREDITORS: Amounts falling due after more than one year | 5 | 372,700 | 474,700 | |||||||
NET LIABILITIES | ( | ( | ||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 7 | |||||||||
Profit and loss account | (279,105) | (421,199) | ||||||||
SHAREHOLDERS' FUNDS | ( | ( | ||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
ENVIRONMENTAL DESIGN SOLUTIONS LIMITED | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 31 MARCH 2024 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Depreciation | ||||||||
Equipment | straight line25% | |||||||
Motor Cars | straight line25% |
1c. Pension Costs | ||||||||
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year. |
1d. Foreign Currency | ||||||||
Transactions in currencies, other than the functional currency of the company, are recorded at the rate of the exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. All differences are taken to the profit and loss account. Non-monetary items that are measured at the historic cost in a foreign currency are not retranslated. |
2. TANGIBLE FIXED ASSETS | ||||||
Land And | Plant and | |||||
Buildings | Machinery Etc. | Total | ||||
£ | £ | £ | ||||
Cost | ||||||
At 1 April 2023 | 3,000 | 290,353 | 293,353 | |||
Additions | - | 4,512 | 4,512 | |||
At 31 March 2024 | 3,000 | 294,865 | 297,865 | |||
Depreciation | ||||||
At 1 April 2023 | 2,999 | 290,335 | 293,334 | |||
For the year | - | 387 | 387 | |||
At 31 March 2024 | 2,999 | 290,722 | 293,721 | |||
Net Book Amounts | ||||||
At 31 March 2024 | 1 | 4,143 | 4,144 | |||
At 31 March 2023 | 1 | 18 | 19 | |||
ENVIRONMENTAL DESIGN SOLUTIONS LIMITED | ||||||||
3. DEBTORS | 2024 | 2023 | ||||||
£ | £ | |||||||
Amounts falling due within one year: | ||||||||
Trade debtors | 78,329 | 79,398 | ||||||
Other debtors | 30,640 | 15,155 | ||||||
108,969 | 94,553 | |||||||
Other debtors includes amount due from EDSL USA Inc. | ||||||||
4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2024 | 2023 | |||||||
£ | £ | |||||||
Trade creditors | 6,340 | 12,466 | ||||||
Taxation and social security | 67,640 | 73,940 | ||||||
Other creditors | 47,229 | 47,451 | ||||||
121,209 | 133,857 | |||||||
5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||||||||
2024 | 2023 | |||||||
£ | £ | |||||||
Other creditors | 372,700 | 474,700 | ||||||
372,700 | 474,700 | |||||||
6. EMPLOYEES | ||||||
2024 | 2023 | |||||
No. | No. | |||||
Average number of employees | 8 | |||||
ENVIRONMENTAL DESIGN SOLUTIONS LIMITED | ||||||||
7. SHARE CAPITAL | 2024 | 2023 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
102 | 102 | |||||||
102 | 102 | |||||||
The company has 204 ordinary 50p shares. |
8. CONTROLLING PARTY | ||||||||
Ian Highton and Dr Alan Jones control the company and each own 50% of the ordinary share capital. | ||||||||
9. RELATED PARTY TRANSACTIONS | |||||||||||||||||||||||||||||||||||||
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10. FINANCIAL COMMITMENTS | ||||||||
Total financial commitments, guarantees and contingencies which are not included on the balance sheet amount to £38,416 per annum for rent. The lease is renewable in 2025. | ||||||||