IRIS Accounts Production v24.3.0.553 06240750 Board of Directors 1.2.23 31.1.24 31.1.24 true false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh062407502023-01-31062407502024-01-31062407502023-02-012024-01-31062407502022-01-31062407502022-02-012023-01-31062407502023-01-3106240750ns15:EnglandWales2023-02-012024-01-3106240750ns14:PoundSterling2023-02-012024-01-3106240750ns10:Director12023-02-012024-01-3106240750ns10:PrivateLimitedCompanyLtd2023-02-012024-01-3106240750ns10:SmallEntities2023-02-012024-01-3106240750ns10:AuditExempt-NoAccountantsReport2023-02-012024-01-3106240750ns10:SmallCompaniesRegimeForDirectorsReport2023-02-012024-01-3106240750ns10:SmallCompaniesRegimeForAccounts2023-02-012024-01-3106240750ns10:FullAccounts2023-02-012024-01-310624075012023-02-012024-01-3106240750ns10:Director22023-02-012024-01-3106240750ns10:Director32023-02-012024-01-3106240750ns10:Director42023-02-012024-01-3106240750ns10:Director52023-02-012024-01-3106240750ns10:CompanySecretary12023-02-012024-01-3106240750ns10:RegisteredOffice2023-02-012024-01-3106240750ns5:CurrentFinancialInstruments2024-01-3106240750ns5:CurrentFinancialInstruments2023-01-3106240750ns5:Non-currentFinancialInstruments2024-01-3106240750ns5:Non-currentFinancialInstruments2023-01-3106240750ns5:ShareCapital2024-01-3106240750ns5:ShareCapital2023-01-3106240750ns5:RetainedEarningsAccumulatedLosses2024-01-3106240750ns5:RetainedEarningsAccumulatedLosses2023-01-3106240750ns5:NetGoodwill2023-02-012024-01-3106240750ns5:IntangibleAssetsOtherThanGoodwill2023-02-012024-01-3106240750ns5:OwnedOrFreeholdAssetsns5:LandBuildings2023-02-012024-01-3106240750ns5:ShortLeaseholdAssetsns5:LandBuildings2023-02-012024-01-3106240750ns5:PlantMachinery2023-02-012024-01-3106240750ns5:MotorVehicles2023-02-012024-01-3106240750ns5:ComputerEquipment2023-02-012024-01-3106240750ns5:NetGoodwill2023-01-3106240750ns5:PatentsTrademarksLicencesConcessionsSimilar2023-01-3106240750ns5:PatentsTrademarksLicencesConcessionsSimilar2023-02-012024-01-3106240750ns5:NetGoodwill2024-01-3106240750ns5:PatentsTrademarksLicencesConcessionsSimilar2024-01-3106240750ns5:NetGoodwill2023-01-3106240750ns5:PatentsTrademarksLicencesConcessionsSimilar2023-01-3106240750ns5:LandBuildings2023-01-3106240750ns5:ShortLeaseholdAssetsns5:LandBuildings2023-01-3106240750ns5:PlantMachinery2023-01-3106240750ns5:LandBuildings2023-02-012024-01-3106240750ns5:LandBuildings2024-01-3106240750ns5:ShortLeaseholdAssetsns5:LandBuildings2024-01-3106240750ns5:PlantMachinery2024-01-3106240750ns5:LandBuildings2023-01-3106240750ns5:ShortLeaseholdAssetsns5:LandBuildings2023-01-3106240750ns5:PlantMachinery2023-01-3106240750ns5:MotorVehicles2023-01-3106240750ns5:ComputerEquipment2023-01-3106240750ns5:MotorVehicles2024-01-3106240750ns5:ComputerEquipment2024-01-3106240750ns5:MotorVehicles2023-01-3106240750ns5:ComputerEquipment2023-01-3106240750ns5:CostValuation2023-01-3106240750ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-01-3106240750ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-01-3106240750ns5:Secured2024-01-3106240750ns5:Secured2023-01-31
REGISTERED NUMBER: 06240750 (England and Wales)












ECOSUPPORT LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2024






ECOSUPPORT LIMITED (REGISTERED NUMBER: 06240750)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ECOSUPPORT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2024







DIRECTORS: D E Swensson
Mrs C J Swensson
A D Jessop
J Carter
S M Bega





SECRETARY: Mrs C J Swensson





REGISTERED OFFICE: Highland House
Mayflower Close
Chandlers Ford
Eastleigh
Hampshire
SO53 4AR





REGISTERED NUMBER: 06240750 (England and Wales)

ECOSUPPORT LIMITED (REGISTERED NUMBER: 06240750)

BALANCE SHEET
31 JANUARY 2024

2024 2023
Notes £ £
FIXED ASSETS
Intangible assets 4 28,733 20,824
Tangible assets 5 504,936 212,782
Investments 6 100 100
533,769 233,706

CURRENT ASSETS
Stocks 68,000 28,000
Debtors 7 433,074 321,469
Cash at bank 731,346 761,604
1,232,420 1,111,073
CREDITORS
Amounts falling due within one year 8 (345,329 ) (291,941 )
NET CURRENT ASSETS 887,091 819,132
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,420,860

1,052,838

CREDITORS
Amounts falling due after more than one
year

9

(307,603

)

(44,343

)

PROVISIONS FOR LIABILITIES (4,238 ) (21,551 )
NET ASSETS 1,109,019 986,944

CAPITAL AND RESERVES
Called up share capital 118 118
Retained earnings 1,108,901 986,826
SHAREHOLDERS' FUNDS 1,109,019 986,944

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 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.

ECOSUPPORT LIMITED (REGISTERED NUMBER: 06240750)

BALANCE SHEET - continued
31 JANUARY 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 October 2024 and were signed on its behalf by:





D E Swensson - Director


ECOSUPPORT LIMITED (REGISTERED NUMBER: 06240750)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024


1. STATUTORY INFORMATION

Ecosupport 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 FRS102 "The Financial Reporting Standards applicable in the UK and Republic of Ireland" ("FRS 102") and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The disclosure requirements of section 1A of FRS102 have been applied other than where additional disclosure is required to show a true and far view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £1.

The financial statements have been prepared under the historical cost convention, modified to include certain financial instruments at fair value. The principal accounting policies adopted are set out below.

Turnover
Turnover represents sales of goods and services net of VAT and trade discounts. Turnover is recognised when the goods are physically dispatched to and services are performed for the customer.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2008, was amortised evenly over its estimated useful life of five years.

Goodwill has been fully written off.

Intangible assets
Intangible assets are initially recognised at cost. After recognition, under the cost model. intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life.

Amortisation will be recoginsed evenly over the estimated useful life of patents and licences of 20 years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Freehold property - 2% Straight line
Leasehold improvement - Straight line over 10 years
Plant and machinery - Straight line over 4 years
Motor vehicles - 25% Reducing balance
Computer equipment - Straight line over 3 years

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset and is recognised in the income statement.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

ECOSUPPORT LIMITED (REGISTERED NUMBER: 06240750)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024


2. ACCOUNTING POLICIES - continued

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial assets
The Company has elected to apply the provision of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial assets are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Basic financial assets, which include trade and other receivables and cash and bank balances are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method, unless the arrangement constitutes a financial transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Financial liabilities
Basic financial liabilities which include trade and other payables, are initially measured at transaction price and subsequently measured at amortised cost, unless the arrangement constitutes a financing transaction where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.

Equity instruments
Equity instruments issued by the company are recorded at the fair value of the proceeds received net of direct issue costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

ECOSUPPORT LIMITED (REGISTERED NUMBER: 06240750)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024


2. ACCOUNTING POLICIES - continued

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 27 (2023 - 25 ) .

4. INTANGIBLE FIXED ASSETS
Patents and
Goodwill licences Totals
£ £ £
COST
At 1 February 2023 40,000 23,138 63,138
Additions - 8,325 8,325
At 31 January 2024 40,000 31,463 71,463
AMORTISATION
At 1 February 2023 40,000 2,314 42,314
Amortisation for year - 416 416
At 31 January 2024 40,000 2,730 42,730
NET BOOK VALUE
At 31 January 2024 - 28,733 28,733
At 31 January 2023 - 20,824 20,824

ECOSUPPORT LIMITED (REGISTERED NUMBER: 06240750)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024


5. TANGIBLE FIXED ASSETS
Freehold Leasehold Plant and
property improvement machinery
£ £ £
COST
At 1 February 2023 1,465 72,304 246,860
Additions 361,537 - -
Disposals - - (8,598 )
Reclassification/transfer 72,304 (72,304 ) -
At 31 January 2024 435,306 - 238,262
DEPRECIATION
At 1 February 2023 - 23,923 160,598
Charge for year 8,706 - 39,017
Eliminated on disposal - - (8,599 )
Reclassification/transfer 23,923 (23,923 ) -
At 31 January 2024 32,629 - 191,016
NET BOOK VALUE
At 31 January 2024 402,677 - 47,246
At 31 January 2023 1,465 48,381 86,262

Motor Computer
vehicles equipment Totals
£ £ £
COST
At 1 February 2023 198,032 19,287 537,948
Additions - - 361,537
Disposals (60,277 ) (3,505 ) (72,380 )
Reclassification/transfer - - -
At 31 January 2024 137,755 15,782 827,105
DEPRECIATION
At 1 February 2023 126,820 13,825 325,166
Charge for year 17,449 2,788 67,960
Eliminated on disposal (58,853 ) (3,505 ) (70,957 )
Reclassification/transfer - - -
At 31 January 2024 85,416 13,108 322,169
NET BOOK VALUE
At 31 January 2024 52,339 2,674 504,936
At 31 January 2023 71,212 5,462 212,782

ECOSUPPORT LIMITED (REGISTERED NUMBER: 06240750)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024


6. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£
COST
At 1 February 2023
and 31 January 2024 100
NET BOOK VALUE
At 31 January 2024 100
At 31 January 2023 100

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade debtors 304,831 253,508
Other debtors 128,243 67,961
433,074 321,469

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Bank loans and overdrafts 25,861 26,310
Hire purchase contracts 9,341 9,669
Trade creditors 35,566 15,315
Taxation and social security 231,750 229,020
Other creditors 42,811 11,627
345,329 291,941

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£ £
Bank loans 296,229 23,628
Hire purchase contracts 11,374 20,715
307,603 44,343

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more than 5 years
by instalments 277,145 -
277,145 -

ECOSUPPORT LIMITED (REGISTERED NUMBER: 06240750)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024


10. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£ £
Bank loans 322,090 -
Hire purchase contracts 20,715 30,384
342,805 30,384

Hire purchase contracts are secured upon the assets to which they relate.

Bank loans are secured by way of a fixed and floating charge over the company's assets.

11. OTHER FINANCIAL COMMITMENTS

At the balance sheet date the company had future commitments under operating leases which totalled £14,664 (2023: £23,632).

12. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year advances totalling £222,406 (2023: £91,573) were made to the company's directors. £176,415 (2023: £70,000) was repaid prior to the year end. The balance outstanding at the year end was £107,937 (2023: £61,947). Interest was charged at HMRC approved rate and the advances are repayable on demand.