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REGISTERED NUMBER: 11152285 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2024

FOR

ECO MOULD & DIE LIMITED

ECO MOULD & DIE LIMITED (REGISTERED NUMBER: 11152285)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 31 May 2024










Page

Statement of Financial Position 1

Notes to the Financial Statements 3


ECO MOULD & DIE LIMITED (REGISTERED NUMBER: 11152285)

STATEMENT OF FINANCIAL POSITION
31 May 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 92,368 69,004

CURRENT ASSETS
Stocks 5 2,100 2,100
Debtors 6 101,272 73,601
Cash at bank 204,243 169,572
307,615 245,273
CREDITORS
Amounts falling due within one year 7 84,634 75,007
NET CURRENT ASSETS 222,981 170,266
TOTAL ASSETS LESS CURRENT LIABILITIES 315,349 239,270

CREDITORS
Amounts falling due after more than one
year

8

(9,500

)

(15,500

)

PROVISIONS FOR LIABILITIES 10 (22,637 ) (12,318 )
NET ASSETS 283,212 211,452

CAPITAL AND RESERVES
Called up share capital 11 100 100
Retained earnings 283,112 211,352
SHAREHOLDERS' FUNDS 283,212 211,452

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

ECO MOULD & DIE LIMITED (REGISTERED NUMBER: 11152285)

STATEMENT OF FINANCIAL POSITION - continued
31 May 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 director and authorised for issue on 14 January 2025 and were signed by:





A J Gillett - Director


ECO MOULD & DIE LIMITED (REGISTERED NUMBER: 11152285)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 31 May 2024


1. STATUTORY INFORMATION

Eco Mould & Die Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 11152285

Registered office: 4 Office Village
Forder Way, Cygnet Park
Hampton
Peterborough
Cambridgeshire
PE7 8GX

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Significant judgements and estimates
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

No significant judgements (apart from those involving estimations) have been made by management in the process of applying the entity's accounting policies and preparing these financial statements.

Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome. There have been no key assumptions or there sources of estimation uncertainty that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.

Turnover
Turnover is measured at the fair value of the consideration received or receivable , excluding discounts and value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Motor vehicles - 25% on reducing balance

At each balance sheet date assets not carried at fair value are assessed to determine whether there is an indication that the asset may be impaired. If there is such an indication the recoverable amount of the asset is compared to the carrying amount of the asset.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

ECO MOULD & DIE LIMITED (REGISTERED NUMBER: 11152285)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 May 2024


2. ACCOUNTING POLICIES - continued

Financial instruments
The company holds basic financial instruments as defined in FRS102. The financial assets and financial liabilities of the company and their measurement basis are as follows:

Financial assets - trade and other debtors are basic financial instruments and are debt instruments measured at amortised cost. Prepayments are not financial instruments. Cash at bank is classified as a basic financial instrument and is measured at amortised cost.

Financial liabilities - trade creditors, accruals and other creditors and basic financial instruments and are measured at amortised cost. Taxation and social security and not included in the financial instruments disclosure definition.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Foreign currencies
Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Debtors
Short term debtors are initially measured at transaction price less attributable costs and then subsequently measured at amortised costs using EIR. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Creditors
Short term trade creditors are initially measured at transaction price less attributable costs. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

ECO MOULD & DIE LIMITED (REGISTERED NUMBER: 11152285)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 May 2024


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 June 2023 58,893 52,176 2,731 113,800
Additions 11,250 60,795 - 72,045
Disposals - (33,550 ) - (33,550 )
At 31 May 2024 70,143 79,421 2,731 152,295
DEPRECIATION
At 1 June 2023 22,987 20,908 901 44,796
Charge for year 11,789 18,691 902 31,382
Eliminated on disposal - (16,251 ) - (16,251 )
At 31 May 2024 34,776 23,348 1,803 59,927
NET BOOK VALUE
At 31 May 2024 35,367 56,073 928 92,368
At 31 May 2023 35,906 31,268 1,830 69,004

5. STOCKS
2024 2023
£    £   
Stocks 2,100 2,100

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 100,046 73,563
Other debtors 1,226 38
101,272 73,601

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts (see note 9) 6,000 6,000
Trade creditors 4,275 11,916
Taxation and social security 42,743 33,551
Other creditors 31,616 23,540
84,634 75,007

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans (see note 9) 9,500 15,500

ECO MOULD & DIE LIMITED (REGISTERED NUMBER: 11152285)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 May 2024


9. LOANS

An analysis of the maturity of loans is given below:

2024 2023
£    £   
Amounts falling due within one year or on demand:
Bank loans 6,000 6,000

Amounts falling due between two and five years:
Bank loans - 2-5 years 9,500 15,500

10. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax
Accelerated capital allowances 22,637 12,318

Deferred
tax
£   
Balance at 1 June 2023 12,318
Charge to Income Statement during year 10,319
Balance at 31 May 2024 22,637

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

12. RELATED PARTY DISCLOSURES

During the year, total dividends of £7,643 (2023 - £9,000) were paid to the director .

At the year end a director was owed £31,616 (2023 - £23,540).

This loan is unsecured, interest free and repayable on demand.

13. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is A J Gillett.