Company Registration No. NI663817 (Northern Ireland)
Echo Engineering Ireland Ltd
Unaudited accounts
for the year ended 31 August 2023
Echo Engineering Ireland Ltd
Unaudited accounts
Contents
Echo Engineering Ireland Ltd
Company Information
for the year ended 31 August 2023
Company Number
NI663817 (Northern Ireland)
Registered Office
208 MAGHERAVEELY ROAD
MAGHERAVEELY
ENNISKILLEN
BT92 6LZ
NORTHERN IRELAND
Accountants
W F Lemon & Co Ltd
65 Bachelors Walk
Lisburn
Co. Antrim
BT28 1XN
Echo Engineering Ireland Ltd
Statement of financial position
as at 31 August 2023
Tangible assets
138,946
102,293
Cash at bank and in hand
28,857
40,918
Creditors: amounts falling due within one year
(304,907)
(190,076)
Net current liabilities
(85,551)
(63,722)
Total assets less current liabilities
53,395
38,571
Creditors: amounts falling due after more than one year
(20,764)
(10,521)
Called up share capital
1
1
Profit and loss account
32,630
28,049
Shareholders' funds
32,631
28,050
For the year ending 31 August 2023 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 27 August 2024 and were signed on its behalf by
Mr Gary Hall
Director
Company Registration No. NI663817
Echo Engineering Ireland Ltd
Notes to the Accounts
for the year ended 31 August 2023
Echo Engineering Ireland Ltd is a private company, limited by shares, registered in Northern Ireland, registration number NI663817. The registered office is 208 MAGHERAVEELY ROAD, MAGHERAVEELY, ENNISKILLEN, BT92 6LZ, NORTHERN IRELAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
5% Reducing Balance
Echo Engineering Ireland Ltd
Notes to the Accounts
for the year ended 31 August 2023
4
Tangible fixed assets
Plant & machinery
At 1 September 2022
107,245
Charge for the year
14,402
Raw materials
21,500
22,531
Work in progress
67,556
41,902
Finished goods
10,000
12,000
Amounts falling due within one year
Trade debtors
69,001
5,568
Accrued income and prepayments
8,800
-
7
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
4,289
4,380
Obligations under finance leases and hire purchase contracts
5,280
-
Trade creditors
95,995
22,446
Taxes and social security
5,087
4,773
Loans from directors
194,256
158,477
Echo Engineering Ireland Ltd
Notes to the Accounts
for the year ended 31 August 2023
8
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
14,053
-
9
Average number of employees
During the year the average number of employees was 2 (2022: 2).