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REGISTERED NUMBER: 12421261 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2024

for

Econux Limited

Econux Limited (Registered number: 12421261)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Econux Limited

Company Information
for the Year Ended 31 January 2024







DIRECTOR: Chin Pang Tse





REGISTERED OFFICE: 29-30 Frith Street
London
W1D 5LG





REGISTERED NUMBER: 12421261 (England and Wales)





ACCOUNTANTS: WONG LANGE & CO.
Chartered Certified & Management Accountants
29-30 Frith Street
London
W1D 5LG

Econux Limited (Registered number: 12421261)

Balance Sheet
31 January 2024

31.1.24 31.1.23
Notes £    £   
CURRENT ASSETS
Cash at bank 793 56

CREDITORS
Amounts falling due within one year 4 25,782 18,486
NET CURRENT LIABILITIES (24,989 ) (18,430 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(24,989

)

(18,430

)

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings (24,999 ) (18,440 )
SHAREHOLDERS' FUNDS (24,989 ) (18,430 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 13 October 2024 and were signed by:





Chin Pang Tse - Director


Econux Limited (Registered number: 12421261)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

Econux 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.

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 historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 or deferred 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Bank loans and overdrafts - 5
Taxation and social security 2 1
Other creditors 25,780 18,480
25,782 18,486

Econux Limited (Registered number: 12421261)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

5. RELATED PARTY DISCLOSURES

The company has transactions with related parties in the ordinary course of business during the year.

2024 2023

Associates:
Comerstone Renovations Ltd
Sales received from associates £7,277 £1,466

Associate:
Comerstone Renovations Ltd
The director, Chin Pang Tse, has a 50% investment in Comerstone Renovations Ltd. Areas of opportunity for cooperation have ben identified and work continues to be pursued. The professional services between related parties are made at normal market prices and outstanding balances are unsecured and interest free.

6. GOING CONCERN NOTE

The account has been drawn up on a going concern basis and the director has confirmed that he has enough funds available to inject into the company should it be necessary to the company in order that all other creditors are paid when the liabilities fall due.