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Company Registration No. 11328685 (England and Wales)
EC BUILDS LTD Unaudited accounts for the year ended 30 April 2024
EC BUILDS LTD Unaudited accounts Contents
Page
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EC BUILDS LTD Company Information for the year ended 30 April 2024
Director
Eamon Condon
Company Number
11328685 (England and Wales)
Registered Office
5 Scrub Lane Benfleet Essex SS7 2JA England
Accountants
Lo Roche Business Services Ltd 5 Scrub Lane Hadleigh Benfleet SS7 2JA
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EC BUILDS LTD Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
612 
1,022 
Investment property
422,000 
422,000 
422,612 
423,022 
Current assets
Inventories
315,573 
314,335 
Debtors
6,809 
62,850 
Cash at bank and in hand
38 
1,868 
322,420 
379,053 
Creditors: amounts falling due within one year
(960,181)
(960,556)
Net current liabilities
(637,761)
(581,503)
Net liabilities
(215,149)
(158,481)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(215,249)
(158,581)
Shareholders' funds
(215,149)
(158,481)
For the year ending 30 April 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 7 April 2025 and were signed on its behalf by
Eamon Condon Director Company Registration No. 11328685
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EC BUILDS LTD Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
EC BUILDS LTD is a private company, limited by shares, registered in England and Wales, registration number 11328685. The registered office is 5 Scrub Lane, Benfleet, Essex, SS7 2JA, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Computer equipment
25% Straight Line
Investment property
Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. Changes in fair value are recognised in profit or loss.
Going concern
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.
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EC BUILDS LTD Notes to the Accounts for the year ended 30 April 2024
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 May 2023
1,641 
At 30 April 2024
1,641 
Depreciation
At 1 May 2023
619 
Charge for the year
410 
At 30 April 2024
1,029 
Net book value
At 30 April 2024
612 
At 30 April 2023
1,022 
5
Investment property
2024 
£ 
Fair value at 1 May 2023
422,000 
At 30 April 2024
422,000 
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition. Stocks held for distribution at no or nominal consideration are measured at the lower of cost and replacement cost, adjusted where applicable for any loss of service potential. At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
6,809 
62,850 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
959,356 
959,357 
Accruals
825 
1,199 
960,181 
960,556 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
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EC BUILDS LTD Notes to the Accounts for the year ended 30 April 2024
9
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Eamon Condon
Directors Loan
62,850 
100 
56,141 
6,809 
62,850 
100 
56,141 
6,809 
10
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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