IRIS Accounts Production v24.3.2.46 08823575 director 31.12.22 30.12.23 30.12.23 true false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh088235752022-12-30088235752023-12-30088235752022-12-312023-12-30088235752021-12-31088235752022-01-012022-12-30088235752022-12-3008823575ns15:EnglandWales2022-12-312023-12-3008823575ns14:PoundSterling2022-12-312023-12-3008823575ns10:Director12022-12-312023-12-3008823575ns10:PrivateLimitedCompanyLtd2022-12-312023-12-3008823575ns10:SmallEntities2022-12-312023-12-3008823575ns10:AuditExempt-NoAccountantsReport2022-12-312023-12-3008823575ns10:SmallCompaniesRegimeForDirectorsReport2022-12-312023-12-3008823575ns10:SmallCompaniesRegimeForAccounts2022-12-312023-12-3008823575ns10:FullAccounts2022-12-312023-12-3008823575ns10:RegisteredOffice2022-12-312023-12-3008823575ns5:CurrentFinancialInstruments2023-12-3008823575ns5:CurrentFinancialInstruments2022-12-3008823575ns5:Non-currentFinancialInstruments2023-12-3008823575ns5:Non-currentFinancialInstruments2022-12-3008823575ns5:ShareCapital2023-12-3008823575ns5:ShareCapital2022-12-3008823575ns5:RetainedEarningsAccumulatedLosses2023-12-3008823575ns5:RetainedEarningsAccumulatedLosses2022-12-3008823575ns5:PlantMachinery2022-12-312023-12-3008823575ns5:MotorVehicles2022-12-312023-12-3008823575ns5:LandBuildings2022-12-3008823575ns5:LeaseholdImprovements2022-12-3008823575ns5:PlantMachinery2022-12-3008823575ns5:LandBuildings2022-12-312023-12-3008823575ns5:LeaseholdImprovements2022-12-312023-12-3008823575ns5:LandBuildings2023-12-3008823575ns5:LeaseholdImprovements2023-12-3008823575ns5:PlantMachinery2023-12-3008823575ns5:LandBuildings2022-12-3008823575ns5:LeaseholdImprovements2022-12-3008823575ns5:PlantMachinery2022-12-3008823575ns5:MotorVehicles2022-12-3008823575ns5:ComputerEquipment2022-12-3008823575ns5:ComputerEquipment2022-12-312023-12-3008823575ns5:MotorVehicles2023-12-3008823575ns5:ComputerEquipment2023-12-3008823575ns5:MotorVehicles2022-12-3008823575ns5:ComputerEquipment2022-12-3008823575ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-3008823575ns5:WithinOneYearns5:CurrentFinancialInstruments2022-12-3008823575ns5:WithinOneYearns5:CurrentFinancialInstrumentsns5:HirePurchaseContracts2023-12-3008823575ns5:WithinOneYearns5:CurrentFinancialInstrumentsns5:HirePurchaseContracts2022-12-3008823575ns5:BetweenOneFiveYearsns5:HirePurchaseContracts2023-12-3008823575ns5:BetweenOneFiveYearsns5:HirePurchaseContracts2022-12-3008823575ns5:HirePurchaseContracts2023-12-3008823575ns5:HirePurchaseContracts2022-12-30088235751ns10:Director12022-12-30088235751ns10:Director12021-12-31088235751ns10:Director12022-12-312023-12-30088235751ns10:Director12022-01-012022-12-30088235751ns10:Director12023-12-30088235751ns10:Director12022-12-30
REGISTERED NUMBER: 08823575 (England and Wales)























Unaudited Financial Statements

for the Year Ended 30 December 2023

for

Ecotex Engineering Systems Ltd

Ecotex Engineering Systems Ltd (Registered number: 08823575)

Contents of the Financial Statements
for the Year Ended 30 December 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Ecotex Engineering Systems Ltd

Company Information
for the Year Ended 30 December 2023







DIRECTOR: Mr K Murphy





REGISTERED OFFICE: 36 Fawn Meadows
Greystoke
Penrith
Cumbria
CA11 0FQ





REGISTERED NUMBER: 08823575 (England and Wales)





ACCOUNTANTS: McDade Roberts Accountants Limited
BTC House
Chapel Hill
Longridge
Preston
Lancashire
PR3 3JY

Ecotex Engineering Systems Ltd (Registered number: 08823575)

Balance Sheet
30 December 2023

30.12.23 30.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 320,805 332,998

CURRENT ASSETS
Stocks 2,500 3,000
Debtors 5 541,256 231,842
Cash at bank 191,833 371,581
735,589 606,423
CREDITORS
Amounts falling due within one year 6 232,948 166,960
NET CURRENT ASSETS 502,641 439,463
TOTAL ASSETS LESS CURRENT
LIABILITIES

823,446

772,461

CREDITORS
Amounts falling due after more than one
year

7

(5,942

)

(13,084

)

PROVISIONS FOR LIABILITIES (46,132 ) (40,348 )
NET ASSETS 771,372 719,029

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 771,370 719,027
SHAREHOLDERS' FUNDS 771,372 719,029

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Ecotex Engineering Systems Ltd (Registered number: 08823575)

Balance Sheet - continued
30 December 2023


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 20 March 2025 and were signed by:





Mr K Murphy - Director


Ecotex Engineering Systems Ltd (Registered number: 08823575)

Notes to the Financial Statements
for the Year Ended 30 December 2023


1. STATUTORY INFORMATION

Ecotex Engineering Systems Ltd 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.
Plant and machinery - 20% on cost
Motor vehicles - 20% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

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 Statement of Income and Retained Earnings, 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.

Ecotex Engineering Systems Ltd (Registered number: 08823575)

Notes to the Financial Statements - continued
for the Year Ended 30 December 2023


2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
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 5 (2022 - 6 ) .

4. TANGIBLE FIXED ASSETS
Improvements
Freehold to Plant and
property property machinery
£    £    £   
COST
At 31 December 2022 185,817 40,500 45,008
Additions - - 8,583
At 30 December 2023 185,817 40,500 53,591
DEPRECIATION
At 31 December 2022 - - 43,864
Charge for year - - 2,857
At 30 December 2023 - - 46,721
NET BOOK VALUE
At 30 December 2023 185,817 40,500 6,870
At 30 December 2022 185,817 40,500 1,144

Ecotex Engineering Systems Ltd (Registered number: 08823575)

Notes to the Financial Statements - continued
for the Year Ended 30 December 2023


4. TANGIBLE FIXED ASSETS - continued

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 31 December 2022 179,012 3,852 454,189
Additions 11,449 - 20,032
At 30 December 2023 190,461 3,852 474,221
DEPRECIATION
At 31 December 2022 74,199 3,128 121,191
Charge for year 28,660 708 32,225
At 30 December 2023 102,859 3,836 153,416
NET BOOK VALUE
At 30 December 2023 87,602 16 320,805
At 30 December 2022 104,813 724 332,998

Included within motor vehicles is an asset held under HP with a closing net book value of £68,713 (2022: £91,596). The depreciation charged for the year was £22,883 (2022: £22,821).

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.12.23 30.12.22
£    £   
Trade debtors 17,124 -
Other debtors 524,132 231,842
541,256 231,842

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.12.23 30.12.22
£    £   
Hire purchase contracts (see note 8) 7,142 7,142
Trade creditors 39,606 102,911
Taxation and social security 180,300 54,971
Other creditors 5,900 1,936
232,948 166,960

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.12.23 30.12.22
£    £   
Hire purchase contracts (see note 8) 5,942 13,084

Ecotex Engineering Systems Ltd (Registered number: 08823575)

Notes to the Financial Statements - continued
for the Year Ended 30 December 2023


8. LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

30.12.23 30.12.22
£    £   
Net obligations repayable:
Within one year 7,142 7,142
Between one and five years 5,942 13,084
13,084 20,226

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 30 December 2023 and the period ended 30 December 2022:

30.12.23 30.12.22
£    £   
Mr K Murphy
Balance outstanding at start of year 36,679 21,709
Amounts advanced 217,959 114,970
Amounts repaid - (100,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 254,638 36,679

During the year a loan was held with a director of the company, which at the year end had a balance owing to the company of £254,638. The loan was unsecured and repayable upon demand.

10. RELATED PARTY DISCLOSURES

Other debtors includes a loan to Precision Squeegees Ltd, a company in which Mr K Murphy is a director and owns 100% of the share capital. This is a short term loan, interest free and repayable on demand. The balance at the year end was £105,500.