Company Registration No. 02237014 (England and Wales)
Ectometor Ltd
Unaudited accounts
for the year ended 31 December 2024
Ectometor Ltd
Statement of financial position
as at 31 December 2024
Tangible assets
348,895
349,598
Cash at bank and in hand
10,725
11,363
Creditors: amounts falling due within one year
(32,931)
(30,194)
Net current liabilities
(20,134)
(16,759)
Total assets less current liabilities
328,761
332,839
Creditors: amounts falling due after more than one year
(55,877)
(63,077)
Provisions for liabilities
Deferred tax
(740)
(19,456)
Net assets
272,144
250,306
Called up share capital
51
51
Revaluation reserve
171,592
171,592
Capital redemption reserve
49
49
Profit and loss account
100,452
78,614
Shareholders' funds
272,144
250,306
For the year ending 31 December 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 his 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 5 March 2025 and were signed on its behalf by
Chris Fairbrass
Director
Company Registration No. 02237014
Ectometor Ltd
Notes to the Accounts
for the year ended 31 December 2024
Ectometor Ltd is a private company, limited by shares, registered in England and Wales, registration number 02237014. The registered office is The Polden Business Centre, Bristol Rd, Bridgwater, Somerset, TA6 4AW, England.
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 31 December 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 January 2023.
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:
Fixtures & fittings
15% & 33% reducing balance
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 January 2024
345,000
58,344
403,344
At 31 December 2024
345,000
58,344
403,344
At 1 January 2024
-
53,746
53,746
Charge for the year
-
703
703
At 31 December 2024
-
54,449
54,449
At 31 December 2024
345,000
3,895
348,895
At 31 December 2023
345,000
4,598
349,598
Ectometor Ltd
Notes to the Accounts
for the year ended 31 December 2024
Amounts falling due within one year
Accrued income and prepayments
475
475
6
Investments held as current assets
2024
2023
Listed investments
1,597
1,597
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
6,680
6,680
Trade creditors
11,354
11,573
Taxes and social security
2,469
3,983
Loans from directors
9,968
5,716
8
Creditors: amounts falling due after more than one year
2024
2023
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).