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REGISTERED NUMBER: SC745066 (Scotland)















Financial Statements For The Year Ended 31 August 2024

for

Ecocel Energy (Storage) Ltd

Ecocel Energy (Storage) Ltd (Registered number: SC745066)






Contents of the Financial Statements
For The Year Ended 31 August 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Ecocel Energy (Storage) Ltd

Company Information
For The Year Ended 31 August 2024







DIRECTOR: J M Glover





REGISTERED OFFICE: 6-10 Kelvin Avenue
Nethermains Industrial Estate
Kilwinning
KA13 6PS





REGISTERED NUMBER: SC745066 (Scotland)





ACCOUNTANTS: Robb Ferguson Chartered Accountants
Regent Court
70 West Regent Street
Glasgow
G2 2QZ

Ecocel Energy (Storage) Ltd (Registered number: SC745066)

Statement of Financial Position
31 August 2024

2024 2023
Notes £ £ £
FIXED ASSETS
Intangible assets 4 465,097 -

CURRENT ASSETS
Debtors 5 31,190 12,798
Cash at bank 2,374 134
33,564 12,932
CREDITORS
Amounts falling due within one year 6 195,224 90,349
NET CURRENT LIABILITIES (161,660 ) (77,417 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

303,437

(77,417

)

CREDITORS
Amounts falling due after more than one
year

7

388,299

-
NET LIABILITIES (84,862 ) (77,417 )

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (84,863 ) (77,418 )
(84,862 ) (77,417 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 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.

Ecocel Energy (Storage) Ltd (Registered number: SC745066)

Statement of Financial Position - continued
31 August 2024


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 Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 17 April 2025 and were signed by:





J M Glover - Director


Ecocel Energy (Storage) Ltd (Registered number: SC745066)

Notes to the Financial Statements
For The Year Ended 31 August 2024

1. STATUTORY INFORMATION

Ecocel Energy (Storage) Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Going concern
At the balance sheet date the company had net liabilities of £84,862 however the company continues to trade from the support of its director.

At the time of approving the financial statements, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The director continues to adopt the going concern basis of preparing the financial statements.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of nil years.

Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

Ecocel Energy (Storage) Ltd (Registered number: SC745066)

Notes to the Financial Statements - continued
For The Year Ended 31 August 2024

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£
COST
Additions 465,097
At 31 August 2024 465,097
NET BOOK VALUE
At 31 August 2024 465,097

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Other debtors 250 -
VAT 13,440 12,798
Prepayments 17,500 -
31,190 12,798

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade creditors 19,307 35,052
Other creditors 174,597 28,848
Directors' current accounts - 25,199
Accrued expenses 1,320 1,250
195,224 90,349

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£ £
Other creditors 388,299 -

8. RELATED PARTY DISCLOSURES

Included within creditors as at 31 August 2024 is an amount of £149,398, (2023 £28,848 ) owed by the company
to Ecocel Services Ltd, a company which is under common control. This amount is unsecured, interest free and
repayable upon demand.