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REGISTERED NUMBER: 06212758 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

FOR

ENVIRONMENTAL ECONOMICS LIMITED

ENVIRONMENTAL ECONOMICS LIMITED (REGISTERED NUMBER: 06212758)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


ENVIRONMENTAL ECONOMICS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: R Belanyi
H Brown
T James





SECRETARY: R Belanyi





REGISTERED OFFICE: 8 Cardiff Road
Luton
Bedfordshire
LU1 1PP





REGISTERED NUMBER: 06212758 (England and Wales)





ACCOUNTANTS: Ad Valorem Accountancy Services Limited
Chartered Certified Accountants
2 Manor Farm Court
Old Wolverton Road
Old Wolverton
Buckinghamshire
MK12 5NN

ENVIRONMENTAL ECONOMICS LIMITED (REGISTERED NUMBER: 06212758)

BALANCE SHEET
30 APRIL 2024

2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible assets 5 8,217 3,572

CURRENT ASSETS
Debtors 6 739,270 582,437
Cash at bank and in hand 43,816 28,790
783,086 611,227
CREDITORS
Amounts falling due within one year 7 405,205 313,114
NET CURRENT ASSETS 377,881 298,113
TOTAL ASSETS LESS CURRENT
LIABILITIES

386,098

301,685

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 385,998 301,585
SHAREHOLDERS' FUNDS 386,098 301,685

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 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 2 October 2024 and were signed on its behalf by:





R Belanyi - Director


ENVIRONMENTAL ECONOMICS LIMITED (REGISTERED NUMBER: 06212758)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024


1. STATUTORY INFORMATION

Environmental Economics 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS
The financial statements have been prepared under the historical cost convention.

TURNOVER
The company's turnover represents the value, excluding value added tax, of goods and services supplied to customers during the year.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% 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.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

DEBTORS AND CREDITORS RECEIVABLE / PAYABLE WITHIN ONE YEAR
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the Income Statement in administrative expenses.

ENVIRONMENTAL ECONOMICS LIMITED (REGISTERED NUMBER: 06212758)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 17 (2023 - 13 ) .

5. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£
COST
At 1 May 2023 28,272
Additions 6,831
At 30 April 2024 35,103
DEPRECIATION
At 1 May 2023 24,700
Charge for year 2,186
At 30 April 2024 26,886
NET BOOK VALUE
At 30 April 2024 8,217
At 30 April 2023 3,572

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade debtors 283,349 171,164
Other debtors 431,505 398,814
Deferred tax asset 38 320
Prepayments 24,378 12,139
739,270 582,437

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade creditors 7,326 22,134
Tax 78,464 25,825
Social security and other taxes 18,014 10,981
VAT 93,169 35,309
Other creditors 9,456 16,441
Amounts due to connected
company 37,264 72,358
Accruals and deferred income 161,512 130,066
405,205 313,114

ENVIRONMENTAL ECONOMICS LIMITED (REGISTERED NUMBER: 06212758)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


8. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal 2024 2023
value: £ £
100 Ordinary £1 100 100