45 01/05/2023 30/04/2024 2024-04-30 false false false false false false false true false false true false false false false false false false No description of principal activities is disclosed 2023-05-01 Sage Accounts Production 23.0 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP SC301385 2023-05-01 2024-04-30 SC301385 2024-04-30 SC301385 2023-04-30 SC301385 2022-05-01 2023-04-30 SC301385 2023-04-30 SC301385 2022-04-30 SC301385 core:FurnitureFittingsToolsEquipment 2023-05-01 2024-04-30 SC301385 core:MotorVehicles 2023-05-01 2024-04-30 SC301385 bus:RegisteredOffice 2023-05-01 2024-04-30 SC301385 bus:OrdinaryShareClass1 2023-05-01 2024-04-30 SC301385 bus:LeadAgentIfApplicable 2023-05-01 2024-04-30 SC301385 bus:Director1 2023-05-01 2024-04-30 SC301385 bus:Director2 2023-05-01 2024-04-30 SC301385 core:LandBuildings core:LongLeaseholdAssets 2023-04-30 SC301385 core:FurnitureFittingsToolsEquipment 2023-04-30 SC301385 core:MotorVehicles 2023-04-30 SC301385 core:LandBuildings core:LongLeaseholdAssets 2024-04-30 SC301385 core:FurnitureFittingsToolsEquipment 2024-04-30 SC301385 core:MotorVehicles 2024-04-30 SC301385 core:WithinOneYear 2024-04-30 SC301385 core:WithinOneYear 2023-04-30 SC301385 core:AfterOneYear 2024-04-30 SC301385 core:AfterOneYear 2023-04-30 SC301385 core:LandBuildings core:LongLeaseholdAssets 2023-05-01 2024-04-30 SC301385 core:ShareCapital 2024-04-30 SC301385 core:ShareCapital 2023-04-30 SC301385 core:RetainedEarningsAccumulatedLosses 2024-04-30 SC301385 core:RetainedEarningsAccumulatedLosses 2023-04-30 SC301385 bus:OrdinaryShareClass1 core:ShareCapital 2024-04-30 SC301385 bus:OrdinaryShareClass1 core:ShareCapital 2023-04-30 SC301385 core:BetweenOneFiveYears 2024-04-30 SC301385 core:BetweenOneFiveYears 2023-04-30 SC301385 core:FurnitureFittingsToolsEquipment 2023-04-30 SC301385 core:MotorVehicles 2023-04-30 SC301385 bus:SmallEntities 2023-05-01 2024-04-30 SC301385 bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 SC301385 bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 SC301385 bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 SC301385 bus:FullAccounts 2023-05-01 2024-04-30
Company registration number: SC301385
Environmental Energy Controls Limited
Unaudited filleted financial statements
30 April 2024
Environmental Energy Controls Limited
Contents
Directors and other information
Statement of financial position
Notes to the financial statements
Environmental Energy Controls Limited
Directors and other information
Directors Nairn Harrison
Alasdair Malcolm
Company number SC301385
Registered office Unit 6B
Nasmyth Court
Houston Industrial estate
Livingston
EH54 5EG
Accountants McDonald Gordon & Co Ltd
29 York Place
Edinburgh
EH1 3HP
Bankers The Royal Bank of Scotland
Drummond House
1 Redheughs Avenue
Edinburgh
EH12 9JN
Environmental Energy Controls Limited
Statement of financial position
30 April 2024
2024 2023
Note £ £ £ £
Fixed assets
Tangible assets 5 155,961 44,716
_______ _______
155,961 44,716
Current assets
Stocks 65,000 55,000
Debtors 6 3,102,495 2,525,219
Cash at bank and in hand 476,818 626,387
_______ _______
3,644,313 3,206,606
Creditors: amounts falling due
within one year 7 ( 928,597) ( 706,952)
_______ _______
Net current assets 2,715,716 2,499,654
_______ _______
Total assets less current liabilities 2,871,677 2,544,370
Creditors: amounts falling due
after more than one year 8 ( 96,886) ( 10,516)
Provisions for liabilities ( 30,758) ( 12,686)
_______ _______
Net assets 2,744,033 2,521,168
_______ _______
Capital and reserves
Called up share capital 9 999 999
Profit and loss account 2,743,034 2,520,169
_______ _______
Shareholders funds 2,744,033 2,521,168
_______ _______
For the year ending 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 29 January 2025 , and are signed on behalf of the board by:
Nairn Harrison
Director
Company registration number: SC301385
Environmental Energy Controls Limited
Notes to the financial statements
Year ended 30 April 2024
1. General information
The company is a private company limited by shares, registered in Scotland. The address of the registered office is Unit 6B, Nasmyth Court, Houston Industrial estate, Livingston, EH54 5EG.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Operating leases
Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.
Tangible assets
tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Long leasehold property - Straight line over the length of the lease
Fittings fixtures and equipment - 25 % straight line
Motor vehicles - 25 % straight line
If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates .
Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets .
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.
Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.
Financial instruments
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of future payments discounted at a market rate of interest for a debt instrument. Debt instruments are subsequently measured at amortised cost. Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. Cash at bank and in hand includes cash and short term highly liquid investments. Creditors are recognised where the company has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors are normally recognised at their settlement amount after allowing for any trade discounts due.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised in finance costs in profit or loss in the period in which it arises.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 45 (2023: 48 ).
5. Tangible assets
Long leasehold property Fixtures, fittings and equipment Motor vehicles Total
£ £ £ £
Cost
At 1 May 2023 36,014 15,874 274,695 326,583
Additions - - 177,313 177,313
Disposals - - ( 58,296) ( 58,296)
_______ _______ _______ _______
At 30 April 2024 36,014 15,874 393,712 445,600
_______ _______ _______ _______
Depreciation
At 1 May 2023 36,014 12,204 233,649 281,867
Charge for the year - 2,821 63,247 66,068
Disposals - - ( 58,296) ( 58,296)
_______ _______ _______ _______
At 30 April 2024 36,014 15,025 238,600 289,639
_______ _______ _______ _______
Carrying amount
At 30 April 2024 - 849 155,112 155,961
_______ _______ _______ _______
At 30 April 2023 - 3,670 41,046 44,716
_______ _______ _______ _______
6. Debtors
2024 2023
£ £
Trade debtors 1,090,442 740,568
Amounts owed by group undertakings and undertakings in which the company has a participating interest 128,244 127,186
Other debtors 1,883,809 1,657,465
_______ _______
3,102,495 2,525,219
_______ _______
7. Creditors: amounts falling due within one year
2024 2023
£ £
Bank loans and overdrafts 1,630 529
Trade creditors 364,045 336,832
Corporation tax 45,616 34,479
Social security and other taxes 232,396 216,027
Other creditors 284,910 119,085
_______ _______
928,597 706,952
_______ _______
8. Creditors: amounts falling due after more than one year
2024 2023
£ £
Other creditors 96,886 10,516
_______ _______
9. Called up share capital
Issued, called up and fully paid
2024 2023
No £ No £
Ordinary shares of £ 1.00 each 999 999 999 999
_______ _______ _______ _______
10. Operating leases
The company as lessee
The total future minimum lease payments under non-cancellable operating leases are as follows:
£ £
Not later than 1 year 54,114 51,103
Later than 1 year and not later than 5 years 95,175 11,177
_______ _______
149,289 62,280
_______ _______
11. Related party transactions
Included in other debtors are loans from the company to Environmental Energy Controls EOT Limited of £1,747,823 (2023: £1,490,045) and NRG-FM Limited of £128,244 (2023: £127,186). Environmental Energy Controls Ltd is a wholly owned subsidiary of NRG-FM Ltd. Environmental Energy Controls EOT Ltd holds 90% of the shares in NRG-FM Limited. The loans are interest free and repayable on demand. Also included in other debtors are loans from the company to Buildingsthink Limited £38,714 (2023: £38,569) and NRG Techinical Services Limited of £39 (2023: £26). The directors of Environmental Energy Controls Limited are also directors of both of these companies. The loans are interest free and repayable on demand.