Company registration number SC230994 (Scotland)
ENVIRONMENTAL WASTE SYSTEMS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024
ENVIRONMENTAL WASTE SYSTEMS LIMITED
CONTENTS
Page
Company information
1
Balance sheet and notes to the financial statements
2 - 3
ENVIRONMENTAL WASTE SYSTEMS LIMITED
COMPANY INFORMATION
- 1 -
Director
Mr P J Johnston
Company number
SC230994
Registered office
Unit 1-2, Festival Court
17 Brand Place
Glasgow
Scotland
G51 1DR
Accountants
Consilium Chartered Accountants
169 West George Street
Glasgow
Scotland
G2 2LB
Business address
Unit 8, Kilcreggan Court
Hillhouse Industrial Estate
Hamilton
Scotland
ML3 9FS
ENVIRONMENTAL WASTE SYSTEMS LIMITED
BALANCE SHEET
AS AT
31 AUGUST 2024
31 August 2024
- 2 -
2024
2023
as restated
£
£
£
£
Fixed assets
37,115
48,840
Current assets
211,331
220,475
Creditors: amounts falling due within one year
(56,586)
(74,959)
Net current assets
154,745
145,516
Total assets less current liabilities
191,860
194,356
Creditors: amounts falling due after more than one year
(7,870)
(18,142)
Net assets
183,990
176,214
Capital and reserves
183,990
176,214
Notes to the financial statements
1
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2024
2023
Total
3
2
2
First year adoption
These financial statements are the first financial statements of the company to be prepared in accordance with the micro-entity provisions under Financial Reporting Standard 105 (FRS105). The accounting policies applied under the company's previous accounting framework (FRS 102 1A) are different to those under FRS 105 and the financial statements have been adjusted to reflect the change in policy.
At transition date, 1 September 2022, the company had a provision for deferred tax on the balance sheet of £13,395. For the year ended 31 August 2023, under FRS 102 1A, the company credited £2,136 of deferred tax to the profit and loss account resulting in a deferred tax provision of £11,259 as at 31 August 2023. Under FRS 105 no provision for deferred tax is permissible and as a result these transactions have been reversed resulting in an increase in net assets and profit and loss reserves as at 1 September 2022 of £13,395 and as at 31 August 2023 of £11,259. Profit for the year ended 31 August 2023 has reduced from £28,109 to £25,973.
Environmental Waste Systems Limited is a private company limited by shares incorporated in Scotland. The company's registered office is Unit 1-2, Festival Court, 17 Brand Place, Glasgow, Scotland, G51 1DR. The principal place of business is Unit 8, Kilcreggan Court, Hillhouse Industrial Estate, Hamilton, Scotland, ML3 9FS. The company's registration number is SC230994.
The presentational and functional currency of the financial statements is the Pound Sterling (£).
For the year ended 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
ENVIRONMENTAL WASTE SYSTEMS LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 AUGUST 2024
31 August 2024
- 3 -
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and signed by the director and authorised for issue on 21 March 2025
Mr P J Johnston
Director
Company registration number SC230994 (Scotland)