IRIS Accounts Production v24.3.2.46 01723607 Board of Directors 1.6.23 31.5.24 31.5.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh017236072023-05-31017236072024-05-31017236072023-06-012024-05-31017236072022-05-31017236072022-06-012023-05-31017236072023-05-3101723607ns15:EnglandWales2023-06-012024-05-3101723607ns14:PoundSterling2023-06-012024-05-3101723607ns10:Director12023-06-012024-05-3101723607ns10:PrivateLimitedCompanyLtd2023-06-012024-05-3101723607ns10:SmallEntities2023-06-012024-05-3101723607ns10:AuditExempt-NoAccountantsReport2023-06-012024-05-3101723607ns10:SmallCompaniesRegimeForDirectorsReport2023-06-012024-05-3101723607ns10:SmallCompaniesRegimeForAccounts2023-06-012024-05-3101723607ns10:FullAccounts2023-06-012024-05-3101723607ns10:OrdinaryShareClass12023-06-012024-05-3101723607ns10:Director22023-06-012024-05-3101723607ns10:CompanySecretary12023-06-012024-05-3101723607ns10:RegisteredOffice2023-06-012024-05-3101723607ns5:CurrentFinancialInstruments2024-05-3101723607ns5:CurrentFinancialInstruments2023-05-3101723607ns5:Non-currentFinancialInstruments2024-05-3101723607ns5:Non-currentFinancialInstruments2023-05-3101723607ns5:ShareCapital2024-05-3101723607ns5:ShareCapital2023-05-3101723607ns5:SharePremium2024-05-3101723607ns5:SharePremium2023-05-3101723607ns5:RetainedEarningsAccumulatedLosses2024-05-3101723607ns5:RetainedEarningsAccumulatedLosses2023-05-3101723607ns5:LandBuildingsns5:ShortLeaseholdAssets2023-05-3101723607ns5:PlantMachinery2023-05-3101723607ns5:FurnitureFittings2023-05-3101723607ns5:MotorVehicles2023-05-3101723607ns5:LandBuildingsns5:ShortLeaseholdAssets2023-06-012024-05-3101723607ns5:PlantMachinery2023-06-012024-05-3101723607ns5:FurnitureFittings2023-06-012024-05-3101723607ns5:MotorVehicles2023-06-012024-05-3101723607ns5:LandBuildingsns5:ShortLeaseholdAssets2024-05-3101723607ns5:PlantMachinery2024-05-3101723607ns5:FurnitureFittings2024-05-3101723607ns5:MotorVehicles2024-05-3101723607ns5:LandBuildingsns5:ShortLeaseholdAssets2023-05-3101723607ns5:PlantMachinery2023-05-3101723607ns5:FurnitureFittings2023-05-3101723607ns5:MotorVehicles2023-05-3101723607ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-05-3101723607ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-06-012024-05-3101723607ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2024-05-3101723607ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-05-3101723607ns5:WithinOneYearns5:CurrentFinancialInstruments2024-05-3101723607ns5:WithinOneYearns5:CurrentFinancialInstruments2023-05-3101723607ns5:AcceleratedTaxDepreciationDeferredTax2024-05-3101723607ns5:AcceleratedTaxDepreciationDeferredTax2023-05-3101723607ns5:DeferredTaxation2023-05-3101723607ns5:DeferredTaxation2023-06-012024-05-3101723607ns5:DeferredTaxation2024-05-3101723607ns10:OrdinaryShareClass12024-05-31
REGISTERED NUMBER: 01723607 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2024

for

Environmental & Technical Services
Limited

Environmental & Technical Services
Limited (Registered number: 01723607)






Contents of the Financial Statements
for the Year Ended 31 MAY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Environmental & Technical Services
Limited

Company Information
for the Year Ended 31 MAY 2024







DIRECTORS: M Leake
T Leake





SECRETARY: T Leake





REGISTERED OFFICE: Suite 2C, Brosnan House
175 Darkes Lane
Potters Bar
Hertfordshire
EN6 1BW





REGISTERED NUMBER: 01723607 (England and Wales)





ACCOUNTANTS: The Greene Partnership LLP
Chartered Accountants
Suite 2C, Brosnan House
175 Darkes Lane
Potters Bar
Hertfordshire
EN6 1BW

Environmental & Technical Services
Limited (Registered number: 01723607)

Balance Sheet
31 MAY 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 622,179 589,620

CURRENT ASSETS
Stocks 5 133,860 115,780
Debtors 6 924,470 1,091,873
Cash at bank 256,838 679,862
1,315,168 1,887,515
CREDITORS
Amounts falling due within one year 7 527,020 870,736
NET CURRENT ASSETS 788,148 1,016,779
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,410,327

1,606,399

CREDITORS
Amounts falling due after more than one year 8 (49,439 ) (5,609 )

PROVISIONS FOR LIABILITIES 10 (153,861 ) (147,405 )
NET ASSETS 1,207,027 1,453,385

CAPITAL AND RESERVES
Called up share capital 11 5,000 5,000
Share premium 25,779 25,779
Retained earnings 1,176,248 1,422,606
SHAREHOLDERS' FUNDS 1,207,027 1,453,385

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 directors acknowledge their 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.

Environmental & Technical Services
Limited (Registered number: 01723607)

Balance Sheet - 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 Board of Directors and authorised for issue on 24 February 2025 and were signed on its behalf by:





T Leake - Director


Environmental & Technical Services
Limited (Registered number: 01723607)

Notes to the Financial Statements
for the Year Ended 31 MAY 2024

1. STATUTORY INFORMATION

Environmental & Technical Services Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is shorter.

Plant and machinery - a mixture of 15% on reducing balance and 10% straight line
Fixtures, fittings and equipment - 15% on reducing balance
Motor vehicles - 25% on reducing balance

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Environmental & Technical Services
Limited (Registered number: 01723607)

Notes to the Financial Statements - continued
for the Year Ended 31 MAY 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 23 (2023 - 20 ) .

4. TANGIBLE FIXED ASSETS
Fixtures,
Short Plant and fittings Motor
leasehold machinery & equipment vehicles Totals
£    £    £    £    £   
COST
At 1 June 2023 18,188 544,403 157,964 587,569 1,308,124
Additions - 57,356 21,757 203,401 282,514
Disposals - (102,685 ) - (46,925 ) (149,610 )
At 31 May 2024 18,188 499,074 179,721 744,045 1,441,028
DEPRECIATION
At 1 June 2023 18,188 251,133 139,200 309,983 718,504
Charge for year - 36,752 6,078 115,870 158,700
Eliminated on disposal - (28,939 ) - (29,416 ) (58,355 )
At 31 May 2024 18,188 258,946 145,278 396,437 818,849
NET BOOK VALUE
At 31 May 2024 - 240,128 34,443 347,608 622,179
At 31 May 2023 - 293,270 18,764 277,586 589,620

Environmental & Technical Services
Limited (Registered number: 01723607)

Notes to the Financial Statements - continued
for the Year Ended 31 MAY 2024

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 June 2023 282,879
Additions 110,900
Transfer to ownership (252,358 )
At 31 May 2024 141,421
DEPRECIATION
At 1 June 2023 163,539
Charge for year 30,945
Transfer to ownership (145,895 )
At 31 May 2024 48,589
NET BOOK VALUE
At 31 May 2024 92,832
At 31 May 2023 119,340

5. STOCKS
31.5.24 31.5.23
£    £   
Materials 29,462 23,024
Work-in-progress 104,398 92,756
133,860 115,780

6. DEBTORS
31.5.24 31.5.23
£    £   
Amounts falling due within one year:
Trade debtors 510,977 720,603
Other debtors 750 1,600
Taxation 5,000 5,000
Directors' loan 56,983 17,406
Prepayments 45,360 42,264
619,070 786,873

Amounts falling due after more than one year:
Sundry loans 305,400 305,000

Aggregate amounts 924,470 1,091,873

Environmental & Technical Services
Limited (Registered number: 01723607)

Notes to the Financial Statements - continued
for the Year Ended 31 MAY 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Hire purchase contracts 32,576 46,805
Trade creditors 130,441 265,671
Tax - 5,030
Social security and other taxes 31,327 152,917
VAT 114,471 75,085
Directors' current accounts - 53,000
Deferred income 199,971 256,359
Accrued expenses 18,234 15,869
527,020 870,736

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.5.24 31.5.23
£    £   
Hire purchase contracts 49,439 5,609

9. SECURED DEBTS

The following secured debts are included within creditors:

31.5.24 31.5.23
£    £   
Hire purchase contracts 82,015 52,414

The hire purchase contracts are secured on the assets concerned.

10. PROVISIONS FOR LIABILITIES
31.5.24 31.5.23
£    £   
Deferred tax
Accelerated capital allowances 153,861 147,405

Deferred
tax
£   
Balance at 1 June 2023 147,405
Provided during year 6,456
Balance at 31 May 2024 153,861

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.5.24 31.5.23
value: £    £   
5,000 Ordinary £1 5,000 5,000

Environmental & Technical Services
Limited (Registered number: 01723607)

Notes to the Financial Statements - continued
for the Year Ended 31 MAY 2024

12. RELATED PARTY DISCLOSURES

Autopilot Limited

A company in which M Leake is a director and shareholder.


During the year the company paid rent totalling £50,400 (2023: £50,400) for the use of premises under the beneficial ownership of Autopilot Limited.

T Leake

During the year the company paid rent totalling £80,745 (2023: £80,745) for the use of premises under the beneficial ownership of the director, T Leake.

At the start of the year there was a loan outstanding from T Leake of £17,406. There was movement totalling £39,577 in the loan account during the year and the amount of £56,983 was outstanding at 31 May 2024. This amount has been repaid to the company after the year end.

During the year the company paid rent totalling £23,440 for the use of premises to Gelsha Properties Limited, a company in which T Leake's daughters are directors and controlling shareholders. At the start of the year there was a loan outstanding of £305,000 from Gelsha Properties Limited. During the year, there was movement totalling £400 in the account. The amount of £305,400 was outstanding at 31 May 2024.

ETS IMS Limited

A company in which T Leake is a director and shareholder.


During the year the company the company charges ETS IMS Limited an administration charge totalling £6,000 (2023: £6,000).

31.5.24 31.5.23
£    £   
Amount due from/(to) related party at balance sheet date
Autopilot Limited
A company in which M Leake is a director and shareholder. (5,040 ) (5,040 )
T Leake 56,983 17,406
ETS IMS Limited
A company in which T Leake is a director and shareholder. 1,171 645

13. ULTIMATE CONTROLLING PARTY

The controlling party is M Leake.