Company Registration No. 09625035 (England and Wales)
Eco Steel Buildings Ltd
Unaudited accounts
for the year ended 31 March 2024
Eco Steel Buildings Ltd
Unaudited accounts
Contents
Eco Steel Buildings Ltd
Company Information
for the year ended 31 March 2024
Directors
Mr M J Earnshaw
Mrs C M Earnshaw
Company Number
09625035 (England and Wales)
Registered Office
Display Site
Junction Green Lane
Featherstone
West Yorkshire
WF7 6EH
Accountants
Kendall Accountancy Services Limited
2 Exeter Street
New Village Road
Cottingham
East Yorkshire
HU16 4LU
Eco Steel Buildings Ltd
Statement of financial position
as at 31 March 2024
Tangible assets
25,102
24,398
Cash at bank and in hand
(7,913)
823
Creditors: amounts falling due within one year
(71,537)
(57,843)
Net current liabilities
(64,446)
(43,882)
Net liabilities
(33,444)
(19,484)
Called up share capital
200
200
Profit and loss account
(33,644)
(19,684)
Shareholders' funds
(33,444)
(19,484)
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 directors acknowledge their 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 of Directors and authorised for issue on 19 November 2024 and were signed on its behalf by
Mrs C M Earnshaw
Director
Company Registration No. 09625035
Eco Steel Buildings Ltd
Notes to the Accounts
for the year ended 31 March 2024
Eco Steel Buildings Ltd is a private company, limited by shares, registered in England and Wales, registration number 09625035. The registered office is Display Site, Junction Green Lane , Featherstone, West Yorkshire, WF7 6EH.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% wdv
Computer equipment
25% Cost
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Eco Steel Buildings Ltd
Notes to the Accounts
for the year ended 31 March 2024
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2023
20,031
6,868
9,351
3,252
39,502
Additions
-
1,054
634
146
1,834
At 31 March 2024
20,031
7,922
9,985
3,398
41,336
At 1 April 2023
-
5,258
6,594
3,252
15,104
Charge for the year
-
463
661
6
1,130
At 31 March 2024
-
5,721
7,255
3,258
16,234
At 31 March 2024
20,031
2,201
2,730
140
25,102
At 31 March 2023
20,031
1,610
2,757
-
24,398
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2024
2023
Other creditors
11,967
9,727
Loans from directors
55,686
48,116
Eco Steel Buildings Ltd
Notes to the Accounts
for the year ended 31 March 2024
Allotted, called up and fully paid:
200 Ordinary shares of £1 each
200
200
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).