9 false false false false false false false false false false true false false false false false false No description of principal activity 2023-01-31 Sage Accounts Production Advanced 2023 - FRS102_2023 135,000 135,000 135,000 xbrli:pure xbrli:shares iso4217:GBP 06465027 2023-01-31 2024-01-29 06465027 2024-01-29 06465027 2023-01-30 06465027 2022-02-01 2023-01-30 06465027 2023-01-30 06465027 2022-01-31 06465027 core:LandBuildings core:OwnedOrFreeholdAssets 2023-01-31 2024-01-29 06465027 core:PlantMachinery 2023-01-31 2024-01-29 06465027 core:MotorVehicles 2023-01-31 2024-01-29 06465027 bus:Director1 2023-01-31 2024-01-29 06465027 core:LandBuildings 2023-01-30 06465027 core:PlantMachinery 2023-01-30 06465027 core:MotorVehicles 2023-01-30 06465027 core:LandBuildings 2024-01-29 06465027 core:PlantMachinery 2024-01-29 06465027 core:MotorVehicles 2024-01-29 06465027 core:LandBuildings 2023-01-31 2024-01-29 06465027 core:WithinOneYear 2024-01-29 06465027 core:WithinOneYear 2023-01-30 06465027 core:AfterOneYear 2024-01-29 06465027 core:AfterOneYear 2023-01-30 06465027 core:UKTax 2022-02-01 2023-01-30 06465027 core:ShareCapital 2024-01-29 06465027 core:ShareCapital 2023-01-30 06465027 core:RetainedEarningsAccumulatedLosses 2024-01-29 06465027 core:RetainedEarningsAccumulatedLosses 2023-01-30 06465027 core:CostValuation core:Non-currentFinancialInstruments 2024-01-29 06465027 core:Non-currentFinancialInstruments 2024-01-29 06465027 core:Non-currentFinancialInstruments 2023-01-30 06465027 core:LandBuildings 2023-01-30 06465027 core:PlantMachinery 2023-01-30 06465027 core:MotorVehicles 2023-01-30 06465027 bus:SmallEntities 2023-01-31 2024-01-29 06465027 bus:AuditExemptWithAccountantsReport 2023-01-31 2024-01-29 06465027 bus:SmallCompaniesRegimeForAccounts 2023-01-31 2024-01-29 06465027 bus:PrivateLimitedCompanyLtd 2023-01-31 2024-01-29 06465027 bus:FullAccounts 2023-01-31 2024-01-29 06465027 core:UKTax 2023-01-31 2024-01-29
COMPANY REGISTRATION NUMBER: 06465027
ECO WINDOWS (NORTHERN) LIMITED
FILLETED UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED
29 January 2024
ECO WINDOWS (NORTHERN) LIMITED
STATEMENT OF FINANCIAL POSITION
29 January 2024
29 Jan 24
30 Jan 23
Note
£
£
£
£
FIXED ASSETS
Tangible assets
6
857,655
435,339
Investments
7
135,000
135,000
---------
---------
992,655
570,339
CURRENT ASSETS
Stocks
1,176,506
2,050,506
Debtors
8
207,818
232,747
Cash at bank and in hand
141,466
203,838
------------
------------
1,525,790
2,487,091
CREDITORS: amounts falling due within one year
9
( 2,202,267)
( 2,853,825)
------------
------------
NET CURRENT LIABILITIES
( 676,477)
( 366,734)
---------
---------
TOTAL ASSETS LESS CURRENT LIABILITIES
316,178
203,605
CREDITORS: amounts falling due after more than one year
10
( 440,236)
( 221,161)
PROVISIONS
Taxation including deferred tax
( 8,041)
---------
---------
NET LIABILITIES
( 124,058)
( 25,597)
---------
---------
CAPITAL AND RESERVES
Called up share capital
100
2
Profit and loss account
( 124,158)
( 25,599)
---------
--------
SHAREHOLDERS DEFICIT
( 124,058)
( 25,597)
---------
--------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
ECO WINDOWS (NORTHERN) LIMITED
STATEMENT OF FINANCIAL POSITION (continued)
29 January 2024
For the period ending 29 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 13 November 2024 , and are signed on behalf of the board by:
S A Ryan
Director
Company registration number: 06465027
ECO WINDOWS (NORTHERN) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
PERIOD FROM 31 JANUARY 2023 TO 29 JANUARY 2024
1. GENERAL INFORMATION
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is The Maltings Mill, Hipperholme, Halifax, HX3 8HQ, England.
2. STATEMENT OF COMPLIANCE
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. ACCOUNTING POLICIES
Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity. The financial statements have been prepared on the going concern basis. The directors consider the going concern basis to be appropriate as they have confirmed their ongoing support.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Revenue recognition
Turnover comprises revenue recognised by the company in respect of goods and services supplied during the period, exclusive of Value added tax. In respect of long-term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long-term contracts for on-going services is recognised by reference to the stage of completion. Turnover and profit on sales of residential property is recognised on the date of legal completion.
Income tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Freehold Property
-
2% straight line
Plant & Machinery
-
15% reducing balance
Motor Vehicles
-
25% reducing balance
Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises the acquisition and development costs excluding interest. Development costs include infrastructure costs and costs of houses built. The cost of land acquisition included options to purchase land, and the cost of any investigation work prior to purchase.
Finance leases and hire purchase contracts
Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit and loss. Derivative financial instruments are initially recorded at transaction price and thereafter at fair value with changes recognised in profit and loss. The company holds the following financial assets and liabilities: Cash, Short-term trade and other debtors, and creditors. Cash in the balance sheet comprises cash at banks and in hand and short term deposits with an original maturity date of three months or less. 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 profit and loss account before operating profit.
4. EMPLOYEE NUMBERS
The average number of persons employed by the company during the period amounted to 9 (2023: 9 ).
5. TAX ON LOSS
Major components of tax income
Period from
Period from
31 Jan 23 to
1 Feb 22 to
29 Jan 24
30 Jan 23
£
£
Current tax:
UK current tax expense
890
Corporation tax refund
( 890)
----
----
Total current tax
( 890)
890
----
----
Deferred tax:
Origination and reversal of timing differences
( 8,041)
( 2,635)
-------
-------
Tax on loss
( 8,931)
( 1,745)
-------
-------
6. TANGIBLE ASSETS
Freehold property
Plant and machinery
Motor vehicles
Total
£
£
£
£
Cost
At 31 January 2023
398,288
93,191
73,321
564,800
Additions
360,102
13,660
102,400
476,162
Disposals
( 18,250)
( 18,250)
---------
---------
---------
------------
At 29 January 2024
758,390
106,851
157,471
1,022,712
---------
---------
---------
------------
Depreciation
At 31 January 2023
23,696
46,769
58,996
129,461
Charge for the period
15,168
9,012
11,416
35,596
---------
---------
---------
------------
At 29 January 2024
38,864
55,781
70,412
165,057
---------
---------
---------
------------
Carrying amount
At 29 January 2024
719,526
51,070
87,059
857,655
---------
---------
---------
------------
At 30 January 2023
374,592
46,422
14,325
435,339
---------
---------
---------
------------
7. INVESTMENTS
Unlisted
£
Cost
At 31 January 2023 and 29 January 2024
135,000
---------
Impairment
At 31 January 2023 and 29 January 2024
---------
Carrying amount
At 29 January 2024
135,000
---------
At 30 January 2023
135,000
---------
8. DEBTORS
29 Jan 24
30 Jan 23
£
£
Trade debtors
89,712
97,168
Amounts owed by group undertakings and undertakings in which the company has a participating interest
39,740
39,740
Other debtors
78,366
95,839
---------
---------
207,818
232,747
---------
---------
9. CREDITORS: amounts falling due within one year
29 Jan 24
30 Jan 23
£
£
Bank loans and overdrafts
819,079
1,266,720
Trade creditors
175,208
213,273
Corporation tax
890
Social security and other taxes
3,532
1,948
Other creditors
1,158,443
1,365,183
Other creditors
46,005
5,811
------------
------------
2,202,267
2,853,825
------------
------------
10. CREDITORS: amounts falling due after more than one year
29 Jan 24
30 Jan 23
£
£
Bank loans and overdrafts
410,562
221,161
Other creditors
29,674
---------
---------
440,236
221,161
---------
---------