Company Registration No. SC683145 (Scotland)
Eco Decking Scotland Ltd
Unaudited accounts
for the year ended 31 December 2023
Eco Decking Scotland Ltd
Unaudited accounts
Contents
Eco Decking Scotland Ltd
Company Information
for the year ended 31 December 2023
Directors
Christopher Robert Craig
Gary Hamilton
Company Number
SC683145 (Scotland)
Registered Office
2/11 THE STANDARD BUILDING
94 HOPE STREET
GLASGOW
G2 6PH
SCOTLAND
Accountants
Scottish Tax Bureau
94 Hope Street
Glasgow
G2 6PH
Eco Decking Scotland Ltd
Statement of financial position
as at 31 December 2023
Tangible assets
23,310
30,615
Inventories
224,488
106,607
Cash at bank and in hand
8,795
2,873
Creditors: amounts falling due within one year
(313,668)
(156,375)
Net current liabilities
(80,385)
(46,895)
Total assets less current liabilities
(57,075)
(16,280)
Creditors: amounts falling due after more than one year
(3,581)
(10,743)
Net liabilities
(60,656)
(27,023)
Called up share capital
100
100
Profit and loss account
(60,756)
(27,123)
Shareholders' funds
(60,656)
(27,023)
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 directors acknowledge their 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 of Directors and authorised for issue on 12 September 2024 and were signed on its behalf by
Gary Hamilton
Director
Company Registration No. SC683145
Eco Decking Scotland Ltd
Notes to the Accounts
for the year ended 31 December 2023
Eco Decking Scotland Ltd is a private company, limited by shares, registered in Scotland, registration number SC683145. The registered office is 2/11 THE STANDARD BUILDING, 94 HOPE STREET, GLASGOW, G2 6PH, SCOTLAND.
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
25% reducing balance
Motor vehicles
25% reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 January 2023
791
43,823
44,614
At 31 December 2023
1,256
43,823
45,079
At 1 January 2023
198
13,801
13,999
Charge for the year
264
7,506
7,770
At 31 December 2023
462
21,307
21,769
At 31 December 2023
794
22,516
23,310
At 31 December 2022
593
30,022
30,615
Eco Decking Scotland Ltd
Notes to the Accounts
for the year ended 31 December 2023
5
Creditors: amounts falling due within one year
2023
2022
Obligations under finance leases and hire purchase contracts
7,162
7,162
Other creditors
2,040
1,450
Loans from directors
304,466
147,763
6
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
3,581
10,743
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).