IRIS Accounts Production v24.1.4.33 11823275 Board of Directors 1.3.23 29.2.24 29.2.24 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh118232752023-02-28118232752024-02-29118232752023-03-012024-02-29118232752022-02-28118232752022-03-012023-02-28118232752023-02-2811823275ns15:EnglandWales2023-03-012024-02-2911823275ns14:PoundSterling2023-03-012024-02-2911823275ns10:Director12023-03-012024-02-2911823275ns10:PrivateLimitedCompanyLtd2023-03-012024-02-2911823275ns10:SmallEntities2023-03-012024-02-2911823275ns10:AuditExempt-NoAccountantsReport2023-03-012024-02-2911823275ns10:SmallCompaniesRegimeForDirectorsReport2023-03-012024-02-2911823275ns10:SmallCompaniesRegimeForAccounts2023-03-012024-02-2911823275ns10:FullAccounts2023-03-012024-02-2911823275ns10:Director22023-03-012024-02-2911823275ns10:RegisteredOffice2023-03-012024-02-2911823275ns5:CurrentFinancialInstruments2024-02-2911823275ns5:CurrentFinancialInstruments2023-02-2811823275ns5:Non-currentFinancialInstruments2024-02-2911823275ns5:Non-currentFinancialInstruments2023-02-2811823275ns5:ShareCapital2024-02-2911823275ns5:ShareCapital2023-02-2811823275ns5:RetainedEarningsAccumulatedLosses2024-02-2911823275ns5:RetainedEarningsAccumulatedLosses2023-02-2811823275ns5:PlantMachinery2023-03-012024-02-2911823275ns5:LandBuildings2023-02-2811823275ns5:PlantMachinery2023-02-2811823275ns5:LandBuildings2023-03-012024-02-2911823275ns5:LandBuildings2024-02-2911823275ns5:PlantMachinery2024-02-2911823275ns5:LandBuildings2023-02-2811823275ns5:PlantMachinery2023-02-2811823275ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-02-2911823275ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-02-2811823275ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2024-02-2911823275ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2023-02-28
REGISTERED NUMBER: 11823275 (England and Wales)















Unaudited Financial Statements for the Year Ended 29 February 2024

for

EC INVESTMENTS (NW) LTD

EC INVESTMENTS (NW) LTD (Registered number: 11823275)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


EC INVESTMENTS (NW) LTD

Company Information
for the Year Ended 29 February 2024







DIRECTORS: Mr Elliot Franklyn Barton
Mrs Charlotte Margaret Tiplady





REGISTERED OFFICE: 9 Acorn Way
Bootle
Liverpool
Merseyside
L20 6QA





REGISTERED NUMBER: 11823275 (England and Wales)





ACCOUNTANTS: DBS Corporate Accountants
Suite 4102, Charlotte House
Queens Dock Business Centre
67-83 Norfolk Street
Liverpool
Merseyside
L1 0BG

EC INVESTMENTS (NW) LTD (Registered number: 11823275)

Balance Sheet
29 February 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,821,416 2,742,123

CURRENT ASSETS
Debtors 5 1,037,482 995,854
Cash at bank and in hand 91,767 151,267
1,129,249 1,147,121
CREDITORS
Amounts falling due within one year 6 2,644,837 2,519,292
NET CURRENT LIABILITIES (1,515,588 ) (1,372,171 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,305,828

1,369,952

CREDITORS
Amounts falling due after more than
one year

7

1,187,701

1,279,209
NET ASSETS 118,127 90,743

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 118,027 90,643
118,127 90,743

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 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.

EC INVESTMENTS (NW) LTD (Registered number: 11823275)

Balance Sheet - continued
29 February 2024


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 2 December 2024 and were signed on its behalf by:





Mrs Charlotte Margaret Tiplady - Director


EC INVESTMENTS (NW) LTD (Registered number: 11823275)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

EC INVESTMENTS (NW) LTD is a private company, limited by shares , registered in England and Wales. 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.
Plant and machinery etc - 15% on cost

Taxation
Taxation for the year 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 year 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

EC INVESTMENTS (NW) LTD (Registered number: 11823275)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 March 2023 2,593,786 186,250 2,780,036
Additions 107,230 - 107,230
At 29 February 2024 2,701,016 186,250 2,887,266
DEPRECIATION
At 1 March 2023 - 37,913 37,913
Charge for year - 27,937 27,937
At 29 February 2024 - 65,850 65,850
NET BOOK VALUE
At 29 February 2024 2,701,016 120,400 2,821,416
At 28 February 2023 2,593,786 148,337 2,742,123

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade debtors 33,456 11,094
Other debtors 1,004,026 984,760
1,037,482 995,854

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Bank loans and overdrafts 31,552 25,511
Hire purchase contracts 53,914 56,536
Trade creditors 16,874 22,414
Taxation and social security 4,727 -
Other creditors 2,537,770 2,414,831
2,644,837 2,519,292

EC INVESTMENTS (NW) LTD (Registered number: 11823275)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
29.2.24 28.2.23
£    £   
Bank loans 1,108,410 1,146,004
Hire purchase contracts 79,291 133,205
1,187,701 1,279,209

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 341,315 664,085

Repayable by instalments
Bank loans more 5 yr by instal 640,886 323,480