Company Registration No. 14487613 (England and Wales)
INDUSTRIAL ENGINEERING & INSTALLATION SERVICES - EC&I LTD
Unaudited accounts
for the year ended 30 November 2024
INDUSTRIAL ENGINEERING & INSTALLATION SERVICES - EC&I LTD
Unaudited accounts
Contents
INDUSTRIAL ENGINEERING & INSTALLATION SERVICES - EC&I LTD
Company Information
for the year ended 30 November 2024
Directors
Gena Moors
Marc Reilly
Andrew Ridge
Company Number
14487613 (England and Wales)
Registered Office
Unit A4
Douglas Park
Opal Way
ST15 0YJ
Accountants
Paul Austen Associates Ltd
Riverside
Mountbatten Way
Congleton
Cheshire
CW12 1DY
INDUSTRIAL ENGINEERING & INSTALLATION SERVICES - EC&I LTD
Statement of financial position
as at 30 November 2024
Cash at bank and in hand
1,429,274
78,556
Creditors: amounts falling due within one year
(533,685)
(89,117)
Net current assets
1,326,684
89,791
Net assets
1,405,474
89,791
Called up share capital
100
100
Profit and loss account
1,405,374
89,691
Shareholders' funds
1,405,474
89,791
For the year ending 30 November 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 20 December 2024 and were signed on its behalf by
Gena Moors
Director
Company Registration No. 14487613
INDUSTRIAL ENGINEERING & INSTALLATION SERVICES - EC&I LTD
Notes to the Accounts
for the year ended 30 November 2024
INDUSTRIAL ENGINEERING & INSTALLATION SERVICES - EC&I LTD is a private company, limited by shares, registered in England and Wales, registration number 14487613. The registered office is Unit A4, Douglas Park, Opal Way, ST15 0YJ.
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.
These financial statements for the year ended 30 November 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 16 November 2022.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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:
Plant & machinery
25% Straight Line
Motor vehicles
25% Reducing Balance
Fixtures & fittings
25% Straight Line
Computer equipment
25% Straight Line
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.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
INDUSTRIAL ENGINEERING & INSTALLATION SERVICES - EC&I LTD
Notes to the Accounts
for the year ended 30 November 2024
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 December 2023
-
-
-
-
Additions
4,356
97,398
3,300
105,054
At 30 November 2024
4,356
97,398
3,300
105,054
Charge for the year
1,089
24,350
825
26,264
At 30 November 2024
1,089
24,350
825
26,264
At 30 November 2024
3,267
73,048
2,475
78,790
Amounts falling due within one year
Other debtors
326,325
56,032
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
90,463
7,901
Amounts owed to group undertakings and other participating interests
50
50
Taxes and social security
440,632
39,787
Allotted, called up and fully paid:
2 A Ordinary £1.00 shares of £1 each
2
2
8 B Ordinary £1.00 shares of £1 each
8
8
2 C Ordinary £1.00 shares of £1 each
2
2
28 D Ordinary £1.00 shares of £1 each
28
28
4 E Ordinary £1.00 shares of £1 each
4
4
4 F Ordinary £1.00 shares of £1 each
4
4
52 G Ordinary £1.00 shares of £1 each
52
52
INDUSTRIAL ENGINEERING & INSTALLATION SERVICES - EC&I LTD
Notes to the Accounts
for the year ended 30 November 2024
8
Transactions with related parties
The company's sales all derive from Industrial Engineering & Installations Services Limited a company part owned and operating by one of the director-shareholders of this company. The transactions are carried out at arms length. There was no outstanding balances at the year end.
Industrial Engineering & Installation Services owns 52% of the share capital of the company. This company is part owned and operated by one of the director shareholders.
10
Average number of employees
During the year the average number of employees was 2 (2023: 0).