Registration number:
Environmental Controls Group Limited
for the Year Ended 30 November 2023
Environmental Controls Group Limited
Contents
Company Information |
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Balance Sheet |
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Statement of Changes in Equity |
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Notes to the Unaudited Financial Statements |
Environmental Controls Group Limited
Company Information
Directors |
J D Stangroom B Lindley |
Registered office |
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Accountants |
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Environmental Controls Group Limited
(Registration number: 13391138)
Balance Sheet as at 30 November 2023
Note |
2023 |
2022 |
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Fixed assets |
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Investments |
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Current assets |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
( |
( |
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Net current liabilities |
( |
( |
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Net assets |
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Capital and reserves |
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Called up share capital |
257 |
257 |
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Share premium reserve |
1,249,833 |
1,249,833 |
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Capital redemption reserve |
10 |
10 |
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Retained earnings |
(137) |
3,428 |
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Shareholders' funds |
1,249,963 |
1,253,528 |
For the financial year ending 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
• |
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• |
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.
Approved and authorised by the
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Environmental Controls Group Limited
Statement of Changes in Equity for the Year Ended 30 November 2023
Share capital |
Share premium |
Capital redemption reserve |
Retained earnings |
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At 1 December 2022 |
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|
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Profit for the year |
- |
- |
- |
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Dividends |
- |
- |
- |
( |
At 30 November 2023 |
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|
|
( |
Total |
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At 1 December 2022 |
|
Profit for the year |
|
Dividends |
( |
At 30 November 2023 |
|
Share capital |
Share premium |
Capital redemption reserve |
Retained earnings |
|
At 1 December 2021 |
|
- |
- |
( |
Profit for the year |
- |
- |
- |
|
Dividends |
- |
- |
- |
( |
New share capital subscribed |
|
|
- |
- |
Purchase of own share capital |
(10) |
- |
- |
- |
Other capital redemption reserve movements |
- |
- |
10 |
- |
At 30 November 2022 |
257 |
1,249,833 |
10 |
3,428 |
Total |
|
At 1 December 2021 |
( |
Profit for the year |
|
Dividends |
( |
New share capital subscribed |
|
Purchase of own share capital |
(10) |
Other capital redemption reserve movements |
10 |
At 30 November 2022 |
1,253,528 |
Environmental Controls Group Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 November 2023
General information |
The company is a private company limited by share capital, incorporated in England.
The company was formerly known as (formerly Ground Contamination Limited)..
The address of its registered office is:
The principal place of business is:
13A Westlink
Belbins Business Park
Cupernham Lane
Romsey
Hampshire
SO51 7JF
These financial statements were authorised for issue by the
Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
Going concern
The financial statements have been prepared on a going concern basis.
Revenue recognition
Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.
Environmental Controls Group Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 November 2023
Business combinations
Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.
Investments
Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.
Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Trade debtors
Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.
Trade creditors
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.
Borrowings
Environmental Controls Group Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 November 2023
Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.
Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
Dividends
Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.
Staff numbers |
The average number of persons employed by the company (including directors) during the year, was
Investments |
2023 |
2022 |
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Investments in subsidiaries |
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Subsidiaries |
£ |
Cost or valuation |
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At 1 December 2022 |
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Additions |
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At 30 November 2023 |
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Carrying amount |
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At 30 November 2023 |
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At 30 November 2022 |
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Details of undertakings
Details of the investments (including principal place of business of unincorporated entities) in which the company holds 20% or more of the nominal value of any class of share capital are as follows:
Environmental Controls Group Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 November 2023
Undertaking |
Registered office |
Holding |
Proportion of voting rights and shares held |
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2023 |
2022 |
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Subsidiary undertakings |
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Unit A7 The Arena, 9 Nimrod Way, Ferndown, Wimborne, Dorset BH21 7UH. England |
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Unit A7 The Arena, 9 Nimrod Way, Ferndown, Wimborne, Dorset BH21 7UH. England |
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Subsidiary undertakings |
Japanese Knotweed Limited The principal activity of Japanese Knotweed Limited is |
Ground Contamination Limited The principal activity of Ground Contamination Limited is |
Debtors |
2023 |
2022 |
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Other debtors |
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Prepayments |
- |
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Environmental Controls Group Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 November 2023
Creditors |
Creditors: amounts falling due within one year
Note |
2023 |
2022 |
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Due within one year |
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Loans and borrowings |
- |
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Trade creditors |
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Amounts owed to group undertakings and undertakings in which the company has a participating interest |
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Accruals and deferred income |
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Other creditors |
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Share capital |
Allotted, called up and fully paid shares
2023 |
2022 |
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No. |
£ |
No. |
£ |
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|
|
48 |
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48 |
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|
43 |
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43 |
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|
117 |
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117 |
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50 |
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50 |
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Loans and borrowings |
Current loans and borrowings
2023 |
2022 |
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Other borrowings |
- |
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Dividends |
Interim dividends paid
Environmental Controls Group Limited
Notes to the Unaudited Financial Statements for the Year Ended 30 November 2023
2023 |
2022 |
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Interim dividend of £ |
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Interim dividend of £ |
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Interim dividend of £ |
- |
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Related party transactions |
Dividends paid to the directors during the year totalled £46,857 (2022: £16,330).
S Wreford is considered to be the entity's ultimate controlling party by virtue of his majority shareholding.
Summary of transactions with subsidiaries