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Company Registration No. 7941231 (England and Wales)
EcoProperties (UK) Limited Unaudited accounts for the year ended 31 March 2024
EcoProperties (UK) Limited Unaudited accounts Contents
Page
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EcoProperties (UK) Limited Company Information for the year ended 31 March 2024
Director
Nanik Daswani
Company Number
7941231 (England and Wales)
Registered Office
17 Seagrave Road London SW16 1RP
Accountants
Selma Felton FCPFA for and behalf of Selma Felton Ltd Trading as On The Spot
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EcoProperties (UK) Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
1,171 
Investments
1 
1 
1 
1,172 
Current assets
Inventories
829,801 
829,801 
Debtors
2,659,057 
2,357,343 
Investments
75,000 
70,041 
Cash at bank and in hand
6,901 
11,092 
3,570,759 
3,268,277 
Creditors: amounts falling due within one year
(27,598)
(33,253)
Net current assets
3,543,161 
3,235,024 
Total assets less current liabilities
3,543,162 
3,236,196 
Creditors: amounts falling due after more than one year
(2,205,116)
(2,276,291)
Net assets
1,338,046 
959,905 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
1,338,044 
959,903 
Shareholders' funds
1,338,046 
959,905 
For the year ending 31 March 2024 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 15 November 2024 and were signed on its behalf by
Nanik Daswani Director Company Registration No. 7941231
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EcoProperties (UK) Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
EcoProperties (UK) Limited is a private company, limited by shares, registered in England and Wales, registration number 7941231. The registered office is 17 Seagrave Road, London, SW16 1RP.
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. Preparation of consolidated financial statements The financial statements contain information about EcoProperties (UK) Limited as an individual company and do not contain consolidated financial information as a parent of a group. The company has taken the option under Section 398 of the Companies Act 2006 not to prepare consolidated financial statements.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
10 % on cost
Computer equipment
33% on cost
4
Tangible fixed assets
Land & buildings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2023
9,847 
5,149 
14,996 
At 31 March 2024
9,847 
5,149 
14,996 
Depreciation
At 1 April 2023
9,365 
4,460 
13,825 
Charge for the year
482 
689 
1,171 
At 31 March 2024
9,847 
5,149 
14,996 
Net book value
At 31 March 2024
- 
- 
- 
At 31 March 2023
482 
689 
1,171 
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EcoProperties (UK) Limited Notes to the Accounts for the year ended 31 March 2024
5
Investments
Subsidiary undertakings 
£ 
Valuation at 1 April 2023
1 
Valuation at 31 March 2024
1 
The company's investments as at 31 March 2024 in the share capital of companies include the following: Eco Lexham Ltd- property development Class of shares: Ordinary 100% holding Aggregate capital and reserves 31/03/2024- (£1,751,705) 31/03/2023 (£1,344,805) Loss for the period 31/03/2024 (£406,899) 31/03/2023 (£327,129)
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
962 
1,885 
Amounts due from group undertakings etc.
2,652,967 
2,350,210 
Accrued income and prepayments
5,128 
5,128 
2,659,057 
2,357,223 
Amounts falling due after more than one year
Other debtors
- 
120 
7
Investments held as current assets
2024 
2023 
£ 
£ 
Unlisted investments
75,000 
70,041 
8
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
24 
- 
Other creditors
25,238 
31,078 
Accruals
2,336 
2,175 
27,598 
33,253 
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EcoProperties (UK) Limited Notes to the Accounts for the year ended 31 March 2024
9
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
574,744 
574,744 
Other creditors
- 
56,400 
Loans from directors
1,630,372 
1,645,147 
2,205,116 
2,276,291 
Creditors repayable after more than one year are represented by: Lendco loan of £574,744 relating to Kramer Mews development and an unsecured loan from the Director of £1,630,372.
10
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
2 
11
Transactions with related parties
The company has provided an unsecured loan of £2,652,967 to its subsidiary Eco Lexham Ltd at the financial year end. The company's leasehold property is held on trust by the Director subject to a secured lending arrangement. Eco Properties (UK) Ltd has only one subsidiary, however, no consolidated financial statements are prepared for the group.
12
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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