Registered number
SC574655
ECO SIPs Homes Limited
Filleted Accounts
31 August 2024
ECO SIPs Homes Limited
Registered number: SC574655
Balance Sheet
as at 31 August 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 1,171 1,463
Current assets
Cash at bank and in hand 1,433 1,401
Creditors: amounts falling due within one year 4 (2,143) (2,087)
Net current liabilities (710) (686)
Net assets 461 777
Capital and reserves
Called up share capital 2 2
Profit and loss account 459 775
Shareholders' funds 461 777
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
M Cook
Director
Approved by the board on 28 April 2025
ECO SIPs Homes Limited
Notes to the Accounts
for the year ended 31 August 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of and is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 2 2
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 September 2023 1,829
At 31 August 2024 1,829
Depreciation
At 1 September 2023 366
Charge for the year 292
At 31 August 2024 658
Net book value
At 31 August 2024 1,171
At 31 August 2023 1,463
4 Creditors: amounts falling due within one year 2024 2023
£ £
Corporation tax - 180
Other taxes and social security costs (95) 1,187
Other creditors 2,238 720
2,143 2,087
5 Other information
ECO SIPs Homes Limited is a private company limited by shares and incorporated in Scotland. Its registered office is:
55 West Vows Walk
Kirkcaldy
Fife
KY1 1RX
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