Company Registration No. 07385905 (England and Wales)
Ecowarm Energy Ltd
Unaudited accounts
for the year ended 31 March 2024
Ecowarm Energy Ltd
Unaudited accounts
Contents
Ecowarm Energy Ltd
Company Information
for the year ended 31 March 2024
Company Number
07385905 (England and Wales)
Registered Office
Barlow Road
Aldermans Green Industrial Estate
Coventry
CV2 2LD
Accountants
M D James Accounting Ltd
65 Purcell Road
Courthouse Green
Coventry
West Midlands
CV6 7JY
Ecowarm Energy Ltd
Accountants' report
Accountants' report to the director of Ecowarm Energy Ltd on the preparation of the unaudited statutory accounts for the year ended 31 March 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Ecowarm Energy Ltd for the year ended
31 March 2024 as set out on pages
5 -
8 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Ecowarm Energy Ltd, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Ecowarm Energy Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Ecowarm Energy Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Ecowarm Energy Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Ecowarm Energy Ltd. You consider that Ecowarm Energy Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Ecowarm Energy Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
M D James Accounting Ltd
65 Purcell Road
Courthouse Green
Coventry
West Midlands
CV6 7JY
25 March 2025
Ecowarm Energy Ltd
Statement of financial position
as at 31 March 2024
Tangible assets
83,223
132,481
Investment property
244,352
719,352
Cash at bank and in hand
60,402
(95)
Creditors: amounts falling due within one year
(295,507)
(357,295)
Net current liabilities
(175,268)
(310,838)
Total assets less current liabilities
152,307
540,995
Creditors: amounts falling due after more than one year
(131,449)
(310,333)
Provisions for liabilities
Called up share capital
100
100
Profit and loss account
18,258
230,562
Shareholders' funds
18,358
230,662
For the year ending 31 March 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 26 March 2025 and were signed on its behalf by
Mr Sokol Mesi
Director
Company Registration No. 07385905
Ecowarm Energy Ltd
Notes to the Accounts
for the year ended 31 March 2024
Ecowarm Energy Ltd is a private company, limited by shares, registered in England and Wales, registration number 07385905. The registered office is Barlow Road, Aldermans Green Industrial Estate, Coventry, CV2 2LD.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets and investments.
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
20% straight line
Fixtures & fittings
33.3% straight line
Computer equipment
33.3% straight line
Ecowarm Energy Ltd
Notes to the Accounts
for the year ended 31 March 2024
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2023
30,386
287,642
12,161
330,189
Additions
14,142
7,046
1,221
22,409
Disposals
-
(36,375)
-
(36,375)
At 31 March 2024
44,528
258,313
13,382
316,223
At 1 April 2023
13,625
174,825
9,258
197,708
Charge for the year
9,223
33,507
2,262
44,992
On disposals
-
(9,700)
-
(9,700)
At 31 March 2024
22,848
198,632
11,520
233,000
At 31 March 2024
21,680
59,681
1,862
83,223
At 31 March 2023
16,761
112,817
2,903
132,481
Fair value at 1 April 2023
719,352
Net loss from fair value adjustments
(105,404)
Amounts falling due within one year
Deferred tax asset
-
22,407
Accrued income and prepayments
2,500
-
Other debtors
56,737
21,429
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
112,860
109,837
Obligations under finance leases and hire purchase contracts
66,900
128,020
Taxes and social security
2,769
630
Other creditors
88,350
49,400
Loans from directors
22,551
63,277
Ecowarm Energy Ltd
Notes to the Accounts
for the year ended 31 March 2024
8
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
120,809
233,356
Obligations under finance leases and hire purchase contracts
14,837
81,174
Taxes and social security
(4,197)
(4,197)
9
Average number of employees
During the year the average number of employees was 3 (2023: 2).