Company Registration No. 02237014 (England and Wales)
Ectometor Ltd
Unaudited accounts
for the year ended 31 December 2023
Ectometor Ltd
Statement of financial position
as at 31 December 2023
Tangible assets
4,598
5,431
Investment property
345,000
345,000
Cash at bank and in hand
11,363
20,633
Creditors: amounts falling due within one year
(30,194)
(51,772)
Net current liabilities
(16,759)
(16,642)
Total assets less current liabilities
332,839
333,889
Creditors: amounts falling due after more than one year
(63,077)
(70,277)
Provisions for liabilities
Deferred tax
(19,456)
(19,456)
Net assets
250,306
244,156
Ectometor Ltd
Statement of financial position
as at 31 December 2023 (continued)
Called up share capital
51
51
Revaluation reserve
171,592
171,592
Capital redemption reserve
49
49
Profit and loss account
78,614
72,464
Shareholders' funds
250,306
244,156
For the year ending 31 December 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 20 September 2024 and were signed on its behalf by
Chris Fairbrass
Director
Company Registration No. 02237014
Ectometor Ltd
Notes to the Accounts
for the year ended 31 December 2023
Ectometor Ltd is a private company, limited by shares, registered in England and Wales, registration number 02237014. The registered office is The Polden Business Centre, Bristol Rd, Bridgwater, Somerset, TA6 4AW, England.
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.
These financial statements for the year ended 31 December 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 January 2022.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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:
Fixtures & fittings
15% and 33% reducing balance method
Ectometor Ltd
Notes to the Accounts
for the year ended 31 December 2023
4
Tangible fixed assets
Fixtures & fittings
At 31 December 2023
58,344
At 31 December 2023
53,746
Fair value at 1 January 2023
345,000
At 31 December 2023
345,000
6
Investments
Other investments
Valuation at 1 January 2023
100
Valuation at 31 December 2023
-
Amounts falling due within one year
Accrued income and prepayments
475
1,701
8
Investments held as current assets
2023
2022
Listed investments
1,597
1,597
Ectometor Ltd
Notes to the Accounts
for the year ended 31 December 2023
9
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
6,680
6,680
Trade creditors
11,573
9,885
Taxes and social security
3,983
3,906
Loans from directors
5,716
26,434
10
Creditors: amounts falling due after more than one year
2023
2022
11
Average number of employees
During the year the average number of employees was 1 (2022: 2).