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REGISTERED NUMBER: 10314359 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

ECW INVESTMENT SERVICES LIMITED

ECW INVESTMENT SERVICES LIMITED (REGISTERED NUMBER: 10314359)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


ECW INVESTMENT SERVICES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: Mrs P A Cameron Watt
Mr E Cameron Watt





REGISTERED OFFICE: Sea Strand
Shore Road
Ventnor
Isle of Wight
PO38 1RN





REGISTERED NUMBER: 10314359 (England and Wales)





ACCOUNTANTS: Bronsens
Chartered Certified Accountants
Hillside
Albion Street
Chipping Norton
Oxfordshire
OX7 5BH

ECW INVESTMENT SERVICES LIMITED (REGISTERED NUMBER: 10314359)

BALANCE SHEET
31 DECEMBER 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 40,531 43,013

CURRENT ASSETS
Debtors 5 109 -
Cash at bank 684,667 510,288
684,776 510,288
CREDITORS
Amounts falling due within one year 6 65,402 65,554
NET CURRENT ASSETS 619,374 444,734
TOTAL ASSETS LESS CURRENT
LIABILITIES

659,905

487,747

PROVISIONS FOR LIABILITIES 7 1,458 1,280
NET ASSETS 658,447 486,467

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 658,347 486,367
SHAREHOLDERS' FUNDS 658,447 486,467

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

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

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 7 August 2024 and were signed on its behalf by:




Mr E Cameron Watt - Director


ECW INVESTMENT SERVICES LIMITED (REGISTERED NUMBER: 10314359)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1. STATUTORY INFORMATION

ECW Investment Services 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.
Improvements to property - 5% on cost
Fixtures and fittings - 15% on reducing balance
Computer equipment - 33% on 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 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

ECW INVESTMENT SERVICES LIMITED (REGISTERED NUMBER: 10314359)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and Computer
property fittings equipment Totals
£    £    £    £   
COST
At 1 January 2023 38,920 7,645 3,603 50,168
Additions - - 1,437 1,437
At 31 December 2023 38,920 7,645 5,040 51,605
DEPRECIATION
At 1 January 2023 2,642 1,726 2,787 7,155
Charge for year 1,946 888 1,085 3,919
At 31 December 2023 4,588 2,614 3,872 11,074
NET BOOK VALUE
At 31 December 2023 34,332 5,031 1,168 40,531
At 31 December 2022 36,278 5,919 816 43,013

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
VAT 109 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Tax 59,895 49,285
VAT - 14,212
Directors' current accounts 3,732 275
Accrued expenses 1,775 1,782
65,402 65,554

7. PROVISIONS FOR LIABILITIES
31.12.23 31.12.22
£    £   
Deferred tax
Accelerated capital allowances 1,458 1,280

Deferred
tax
£   
Balance at 1 January 2023 1,280
Provided during year 178
Balance at 31 December 2023 1,458

ECW INVESTMENT SERVICES LIMITED (REGISTERED NUMBER: 10314359)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.23 31.12.22
value: £    £   
75 Ordinary A £1 75 75
25 Ordinary B £1 25 25
100 100

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr E Cameron Watt, by virtue of his majority shareholding.