Enviro-Core Solutions Limited SC383181 false 2023-09-01 2024-08-31 2024-08-31 The principal activity of the company is that of environmental services. Digita Accounts Production Advanced 6.30.9574.0 true SC383181 2023-09-01 2024-08-31 SC383181 2024-08-31 SC383181 core:RetainedEarningsAccumulatedLosses 2024-08-31 SC383181 core:ShareCapital 2024-08-31 SC383181 core:CurrentFinancialInstruments 2024-08-31 SC383181 core:CurrentFinancialInstruments core:WithinOneYear 2024-08-31 SC383181 core:Non-currentFinancialInstruments 2024-08-31 SC383181 core:Non-currentFinancialInstruments core:AfterOneYear 2024-08-31 SC383181 core:FurnitureFittings 2024-08-31 SC383181 core:OfficeEquipment 2024-08-31 SC383181 bus:SmallEntities 2023-09-01 2024-08-31 SC383181 bus:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 SC383181 bus:FilletedAccounts 2023-09-01 2024-08-31 SC383181 bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 SC383181 bus:RegisteredOffice 2023-09-01 2024-08-31 SC383181 bus:Director1 2023-09-01 2024-08-31 SC383181 bus:Director2 2023-09-01 2024-08-31 SC383181 bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 SC383181 bus:Agent1 2023-09-01 2024-08-31 SC383181 core:FurnitureFittings 2023-09-01 2024-08-31 SC383181 core:OfficeEquipment 2023-09-01 2024-08-31 SC383181 core:PlantMachinery 2023-09-01 2024-08-31 SC383181 countries:AllCountries 2023-09-01 2024-08-31 SC383181 2023-08-31 SC383181 core:FurnitureFittings 2023-08-31 SC383181 core:OfficeEquipment 2023-08-31 SC383181 2022-09-01 2023-08-31 SC383181 2023-08-31 SC383181 core:RetainedEarningsAccumulatedLosses 2023-08-31 SC383181 core:ShareCapital 2023-08-31 SC383181 core:CurrentFinancialInstruments 2023-08-31 SC383181 core:CurrentFinancialInstruments core:WithinOneYear 2023-08-31 SC383181 core:Non-currentFinancialInstruments 2023-08-31 SC383181 core:Non-currentFinancialInstruments core:AfterOneYear 2023-08-31 SC383181 core:FurnitureFittings 2023-08-31 SC383181 core:OfficeEquipment 2023-08-31 iso4217:GBP xbrli:pure

Registration number: SC383181

Enviro-Core Solutions Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 August 2024

 

Enviro-Core Solutions Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 6

Accountants' Report

7

 

Enviro-Core Solutions Limited

Company Information

Directors

Mrs Katherine Elisabeth Gilmour

Mr Thomas John Gilmour

Registered office

Unit 4B
Gateway Business Park
Beancross Road
Grangemouth
FK3 8WX

Accountants

EQ Accountants Ltd
Unit 4B
Gateway Business Park
Beancross Road
Grangemouth
FK3 8WX

 

Enviro-Core Solutions Limited

(Registration number: SC383181)
Balance Sheet as at 31 August 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

-

386

Current assets

 

Debtors

5

21,814

19,740

Cash at bank and in hand

 

65,626

112,027

 

87,440

131,767

Creditors: Amounts falling due within one year

6

(53,585)

(67,988)

Net current assets

 

33,855

63,779

Total assets less current liabilities

 

33,855

64,165

Creditors: Amounts falling due after more than one year

6

(27,298)

(32,586)

Provisions for liabilities

-

(304)

Net assets

 

6,557

31,275

Capital and reserves

 

Called up share capital

100

100

Retained earnings

6,457

31,175

Shareholders' funds

 

6,557

31,275

For the financial year ending 31 August 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 accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 5 November 2024 and signed on its behalf by:
 

.........................................
Mr Thomas John Gilmour
Director

 

Enviro-Core Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2024

1

General information

The company is a private company limited by share capital, incorporated in Scotland .

2

Accounting policies

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

 

Enviro-Core Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2024

Asset class

Depreciation method and rate

Plant and Machinery

25% reducing balance

Fixtures and Fittings

25% reducing balance

Office Equipment

33% on cost

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Financial instruments

Classification
Financial instruments are classified and accounted for, according to the substance of the contractual
arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any
contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

 

3

Employees and Directors

The average number of persons employed by the company (including directors) during the year, was 3 (2023 - 2).

 

Enviro-Core Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2024

4

Tangible assets

Fixtures and fittings
£

Office equipment
£

Total
£

Cost or valuation

At 1 September 2023

4,830

12,743

17,573

Disposals

(4,830)

(1,422)

(6,252)

At 31 August 2024

-

11,321

11,321

Depreciation

At 1 September 2023

4,465

12,722

17,187

Charge for the year

-

21

21

Eliminated on disposal

(4,465)

(1,422)

(5,887)

At 31 August 2024

-

11,321

11,321

Carrying amount

At 31 August 2024

-

-

-

At 31 August 2023

365

21

386

5

Debtors

Current

2024
£

2023
£

Trade debtors

21,814

19,740

 

21,814

19,740

6

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Loans and borrowings

7

6,216

6,216

Trade creditors

 

16,972

16,202

Taxation and social security

 

2,623

1,630

Other creditors

 

27,774

43,940

 

53,585

67,988

Creditors: amounts falling due after more than one year

 

Enviro-Core Solutions Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2024

Note

2024
£

2023
£

Due after one year

 

Loans and borrowings

7

27,298

32,586

7

Loans and borrowings

Non-current loans and borrowings

2024
£

2023
£

Bank borrowings

27,298

32,586

Current loans and borrowings

2024
£

2023
£

Bank borrowings

6,216

6,216

8

Related party transactions

Creditors include the following amounts which are owed to individuals who were directors of the company during the year:

2024
 £

2023
 £

Mrs Katherine Elisabeth Gilmour

13,099

21,237

Mr Thomas John Gilmour

13,098

21,236

 

26,197

42,473

The maximum balance outstanding during the year amounted to £42,473.

The directors current accounts are repayable on demand.

 

 

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
Enviro-Core Solutions Limited
for the Year Ended 31 August 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Enviro-Core Solutions Limited for the year ended 31 August 2024 as set out on pages 2 to 6 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of ICAS, we are subject to its ethical and other professional requirements which are detailed at http://www.icas.com/accountspreparationguidance.

This report is made solely to the Board of Directors of Enviro-Core Solutions Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Enviro-Core Solutions Limited and state those matters that we have agreed to state to the Board of Directors of Enviro-Core Solutions Limited, as a body, in this report in accordance with the requirements of ICAS as detailed at http://www.icas.com/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Enviro-Core Solutions Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Enviro-Core Solutions Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Enviro-Core Solutions Limited. You consider that Enviro-Core Solutions Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Enviro-Core Solutions Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

EQ Accountants Ltd
Unit 4B
Gateway Business Park
Beancross Road
Grangemouth
FK3 8WX

5 November 2024