Company registration number: 02928553
Unaudited financial statements
for the year ended 31 December 2023
for
Eco-Option (UK) Limited
Pages for filing with the Registrar
Company registration number: 02928553
Eco-Option (UK) Limited
Balance sheet
as at 31 December 2023
2023 2022
£ £ £ £
Current assets
Debtors 685,521 1,155,065
Cash at bank and in hand 161,756 252,225
847,277 1,407,290
Creditors: amounts falling due within
one year
(512,332) (859,947)
Net current assets 334,945 547,343
Creditors: Amounts falling due after
more than one year
- (11,781)
NET ASSETS 334,945 535,562
Capital and reserves
Called up share capital 100 100
Profit and loss account 334,845 535,462
TOTAL EQUITY 334,945 535,562
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 December 2023.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 02928553
Eco-Option (UK) Limited
Balance sheet - continued
as at 31 December 2023
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 Profit and loss account has not been delivered to the Registrar.
Signed by:
Ms N Thomas, Director
30 August 2024
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Eco-Option (UK) Limited
Notes to the financial statements
for the year ended 31 December 2023
1 Company information
The company is registered in England and Wales. Its registered number is 02928553. The company is limited by shares. Its registered office is Ec0-Option House, Lostock Works Off Griffiths Road, Northwich, Cheshire, CW9 7XU.
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 historic cost convention.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.



Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current taxation assets and liabilities are not discounted.
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.
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Eco-Option (UK) Limited
Notes to the financial statements - continued
for the year ended 31 December 2023
2 Accounting policies - continued
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit and loss in the period to which they relate.
3 Average number of employees
During the year the average number of employees was 12 (2022 - 12).
4 Advances, credit and guarantees granted to directors
The following advances and credits to a director subsisted during the years ended 31 December 2023 and 31 December 2022.
2023 2022
£ £
Ms Nessa Angelet Thomas
Balance outstanding at start of year (21,014) 456
Amounts advanced 34,830 4,572
Amounts repaid (10,183) (26,042)
Balance outstanding at end of year 3,633 (21,014)
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