02328946falsecomputer hardware and software services2023-04-012024-03-31http://www.companieshouse.gov.uk/2023-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-03-31http://www.companieshouse.gov.uk/cd:Director12023-04-012024-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-03-31http://www.companieshouse.gov.uk/cd:Director22023-04-012024-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12023-04-012024-03-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2023-04-012024-03-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2023-04-012024-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-03-31http://www.companieshouse.gov.uk/2023-04-012024-03-31http://www.companieshouse.gov.uk/2023-03-31http://www.companieshouse.gov.uk/cd:FRS1022023-04-012024-03-31http://www.companieshouse.gov.uk/2024-03-31http://www.companieshouse.gov.uk/cd:FullAccounts2023-04-012024-03-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2023-04-012024-03-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 02328946
ENVIRONMENTAL DESIGN SOLUTIONS LIMITED
ACCOUNTS
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
Dr Alan Michael Jones
Ian Grenfell Highton
REGISTERED OFFICE
13 Cofferidge Close
Stony Stratford
Milton Keynes
MK111BY
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 Sheet3
Notes To The Accounts4
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 31 March 2024
20242023
Notes££
FIXED ASSETS
Tangible assets24,14419
CURRENT ASSETS
Debtors3108,96994,553
Cash at bank and in hand101,79392,888
210,762187,441
CREDITORS: Amounts falling due within one year4121,209133,857
NET CURRENT ASSETS89,55353,584
TOTAL ASSETS LESS CURRENT LIABILITIES93,69753,603
CREDITORS: Amounts falling due after more than one year5372,700474,700
NET LIABILITIES(279,003)(421,097)
CAPITAL AND RESERVES
Called up share capital7102102
Profit and loss account(279,105)(421,199)
SHAREHOLDERS' FUNDS(279,003)(421,097)
For the year ending 31 March 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 23 July 2024 and signed on their behalf by
.............................
Dr Alan Michael Jones
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
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. Equipment depreciation has been increased from 15% to 25% this year to reflect a truer write down of the assets purchased.
Equipmentstraight line25%
Motor Carsstraight 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 AndPlant and
BuildingsMachinery Etc.Total
£££
Cost
At 1 April 20233,000290,353293,353
Additions-4,5124,512
At 31 March 20243,000294,865297,865
Depreciation
At 1 April 20232,999290,335293,334
For the year-387387
At 31 March 20242,999290,722293,721
Net Book Amounts
At 31 March 202414,1434,144
At 31 March 202311819
ENVIRONMENTAL DESIGN SOLUTIONS LIMITED
3. DEBTORS 20242023
££
Amounts falling due within one year:
Trade debtors78,32979,398
Other debtors30,64015,155
108,96994,553
Other debtors includes amount due from EDSL USA Inc.
4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
Trade creditors6,34012,466
Taxation and social security67,64073,940
Other creditors47,22947,451
121,209133,857
5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20242023
££
Other creditors372,700474,700
372,700474,700
6. EMPLOYEES
20242023
No.No.
Average number of employees68
ENVIRONMENTAL DESIGN SOLUTIONS LIMITED
7. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
204 Ordinary shares of £0.5 each102102
102102
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
Total loans outstanding to directors at the year end is £372,700. During the year, they repaid the amount of £102,000.
The company owns 100% of EDSL USA Inc. It holds 100 authorised common stock, no par value. As at 31 March 2024 EDSL USA Inc owed £15,155 (2023 £15,155).
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.