Company Registration No. 04233992 (England and Wales)
ECN (UK) Limited
Unaudited accounts
for the year ended 31 March 2024
ECN (UK) Limited
Unaudited accounts
Contents
ECN (UK) Limited
Company Information
for the year ended 31 March 2024
Directors
Stanley Charles Andrew Nicholls
Stanley Charles Andrew Nicholls
Company Number
04233992 (England and Wales)
Registered Office
MAMBURY MOOR ESTATE
BUCKLAND BREWER
BIDEFORD
DEVON
EX39 5NL
United Kingdom
Accountants
On the Books Ltd
9 SOUTH PARK
Woolsery
Devon
EX39 5QE
ECN (UK) Limited
Statement of financial position
as at 31 March 2024
Tangible assets
52,309
63,449
Cash at bank and in hand
211,609
149,192
Creditors: amounts falling due within one year
(103,877)
(91,544)
Net current assets
125,650
79,792
Total assets less current liabilities
177,959
143,241
Provisions for liabilities
Deferred tax
(13,716)
(14,940)
Net assets
164,243
128,301
Called up share capital
100
100
Profit and loss account
164,143
128,201
Shareholders' funds
164,243
128,301
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 17 December 2024 and were signed on its behalf by
Stanley Charles Andrew Nicholls
Director
Company Registration No. 04233992
ECN (UK) Limited
Notes to the Accounts
for the year ended 31 March 2024
ECN (UK) Limited is a private company, limited by shares, registered in England and Wales, registration number 04233992. The registered office is MAMBURY MOOR ESTATE, BUCKLAND BREWER, BIDEFORD, DEVON, EX39 5NL, United Kingdom.
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:
Land & buildings
Equal Instalments over 10 years
Plant & machinery
20% on reducing balance
Motor vehicles
20% on reducing balance
Fixtures & fittings
20% on reducing balance
Other tangible fixed assets
Equal Instalments over 10 years
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2023
43,132
120,999
39,254
3,539
206,924
Additions
-
4,700
-
-
4,700
At 31 March 2024
43,132
125,699
39,254
3,539
211,624
At 1 April 2023
32,615
91,253
16,696
2,911
143,475
Charge for the year
4,313
6,889
4,512
126
15,840
At 31 March 2024
36,928
98,142
21,208
3,037
159,315
At 31 March 2024
6,204
27,557
18,046
502
52,309
At 31 March 2023
10,517
29,746
22,558
628
63,449
ECN (UK) Limited
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
Trade debtors
11,717
14,091
Accrued income and prepayments
-
2,489
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
23,818
31,383
Trade creditors
14,086
10,138
Taxes and social security
4,711
4,711
Loans from directors
58,375
44,095
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).