Company Registration No. 05131936 (England and Wales)
Ecotask Ltd
Unaudited accounts
for the year ended 31 March 2024
Ecotask Ltd
Company Information
for the year ended 31 March 2024
Company Number
05131936 (England and Wales)
Registered Office
253 COWBRIDGE ROAD WEST
CARDIFF
CF5 5TD
WALES
Accountants
STAS Ltd
253 Cowbridge Road West
Cardiff
CF5 5TD
Ecotask Ltd
Accountants' report
Accountants' report to the director of Ecotask Ltd on the preparation of the unaudited statutory accounts for the year ended 31 March 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Ecotask Ltd for the year ended
31 March 2024 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Ecotask Ltd, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Ecotask Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Ecotask Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Ecotask Ltd 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 Ecotask Ltd. You consider that Ecotask Ltd 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 Ecotask Ltd. 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.
STAS Ltd
253 Cowbridge Road West
Cardiff
CF5 5TD
2 January 2025
Ecotask Ltd
Statement of financial position
as at 31 March 2024
Tangible assets
4,375
5,625
Cash at bank and in hand
8
1,448
Creditors: amounts falling due within one year
(5,873)
(6,593)
Net current liabilities
(3,938)
(5,145)
Called up share capital
100
100
Profit and loss account
337
380
Shareholders' funds
437
480
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 director acknowledges her 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 and authorised for issue on 2 January 2025 and were signed on its behalf by
S Preen
Director
Company Registration No. 05131936
Ecotask Ltd
Notes to the Accounts
for the year ended 31 March 2024
Ecotask Ltd is a private company, limited by shares, registered in England and Wales, registration number 05131936. The registered office is 253 COWBRIDGE ROAD WEST, CARDIFF, CF5 5TD, WALES.
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.
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.
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:
Plant & machinery
25% reducing balance
Motor vehicles
25% straight line
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.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Ecotask Ltd
Notes to the Accounts
for the year ended 31 March 2024
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 April 2023
14,874
6,000
20,874
At 31 March 2024
14,874
6,000
20,874
At 1 April 2023
14,874
375
15,249
Charge for the year
-
1,250
1,250
At 31 March 2024
14,874
1,625
16,499
At 31 March 2024
-
4,375
4,375
At 31 March 2023
-
5,625
5,625
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
2,063
2,220
Loans from directors
3,810
4,373
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).