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REGISTERED NUMBER: 05875904















Unaudited Financial Statements

for the Period 1 July 2024 to 11 September 2024

for

EC1 Brands Limited

EC1 Brands Limited (Registered number: 05875904)






Contents of the Financial Statements
for the Period 1 July 2024 to 11 September 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3 to 4


EC1 Brands Limited

Company Information
for the Period 1 July 2024 to 11 September 2024







DIRECTORS: Gary Kevin Morris
Angela Mary Morris





SECRETARY: Angela Mary Morris





REGISTERED OFFICE: Suite 1
Concept House
23 Billet Lane
Hornchurch
Essex
RM11 1XP





REGISTERED NUMBER: 05875904





ACCOUNTANTS: Havard & Associates
Suite 1
Concept House
23 Billet Lane
Hornchurch
Essex
RM11 1XP

EC1 Brands Limited (Registered number: 05875904)

Statement of Financial Position
11 September 2024

11.9.24 30.6.24
Notes £    £   
CURRENT ASSETS
Debtors 4 78,319 121,876
Cash at bank 377,491 438,241
455,810 560,117
CREDITORS
Amounts falling due within one year 5 4,209 102,879
NET CURRENT ASSETS 451,601 457,238
TOTAL ASSETS LESS CURRENT
LIABILITIES

451,601

457,238

CAPITAL AND RESERVES
Called up share capital 6 2 2
Retained earnings 451,599 457,236
SHAREHOLDERS' FUNDS 451,601 457,238

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 11 September 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 11 September 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 20 November 2024 and were signed on its behalf by:





Gary Kevin Morris - Director


EC1 Brands Limited (Registered number: 05875904)

Notes to the Financial Statements
for the Period 1 July 2024 to 11 September 2024

1. STATUTORY INFORMATION

EC1 Brands Limited is a private company, limited by shares , registered in Not specified/Other. 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the period 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 period 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 period was NIL (2024 - 2 ).

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
11.9.24 30.6.24
£    £   
Trade debtors 19,200 68,953
Other debtors 59,119 52,923
78,319 121,876

EC1 Brands Limited (Registered number: 05875904)

Notes to the Financial Statements - continued
for the Period 1 July 2024 to 11 September 2024

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
11.9.24 30.6.24
£    £   
Trade creditors 77 160
Taxation and social security 3,582 44,513
Other creditors 550 58,206
4,209 102,879

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 11.9.24 30.6.24
value: £    £   
2 Ordinary £1 2 2

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the periods ended 11 September 2024 and 30 June 2024:

11.9.24 30.6.24
£    £   
Gary Kevin Morris
Balance outstanding at start of period 19,971 19,971
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period 19,971 19,971

Angela Mary Morris
Balance outstanding at start of period 19,971 19,971
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period 19,971 19,971

There is a directors loan of £39,941.65 that has been declared under S419 rules. £12,981 in S419 tax has been paid.

Interest was charged on the above loans at 2.5%..