IRIS Accounts Production v25.1.3.33 07735085 Board of Directors 1.9.23 31.8.24 31.8.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh077350852023-08-31077350852024-08-31077350852023-09-012024-08-31077350852022-08-31077350852022-09-012023-08-31077350852023-08-3107735085ns15:EnglandWales2023-09-012024-08-3107735085ns14:PoundSterling2023-09-012024-08-3107735085ns10:Director12023-09-012024-08-3107735085ns10:PrivateLimitedCompanyLtd2023-09-012024-08-3107735085ns10:SmallEntities2023-09-012024-08-3107735085ns10:AuditExemptWithAccountantsReport2023-09-012024-08-3107735085ns10:SmallCompaniesRegimeForDirectorsReport2023-09-012024-08-3107735085ns10:SmallCompaniesRegimeForAccounts2023-09-012024-08-3107735085ns10:FullAccounts2023-09-012024-08-310773508512023-09-012024-08-3107735085ns10:Director22023-09-012024-08-3107735085ns10:Director32023-09-012024-08-3107735085ns10:RegisteredOffice2023-09-012024-08-3107735085ns5:CurrentFinancialInstruments2024-08-3107735085ns5:CurrentFinancialInstruments2023-08-3107735085ns5:Non-currentFinancialInstruments2024-08-3107735085ns5:Non-currentFinancialInstruments2023-08-3107735085ns5:ShareCapital2024-08-3107735085ns5:ShareCapital2023-08-3107735085ns5:RetainedEarningsAccumulatedLosses2024-08-3107735085ns5:RetainedEarningsAccumulatedLosses2023-08-3107735085ns5:NetGoodwill2023-09-012024-08-3107735085ns5:PlantMachinery2023-09-012024-08-3107735085ns5:FurnitureFittings2023-09-012024-08-3107735085ns5:MotorVehicles2023-09-012024-08-3107735085ns5:ComputerEquipment2023-09-012024-08-3107735085ns5:NetGoodwill2023-08-3107735085ns5:NetGoodwill2024-08-3107735085ns5:NetGoodwill2023-08-3107735085ns5:PlantMachinery2023-08-3107735085ns5:FurnitureFittings2023-08-3107735085ns5:MotorVehicles2023-08-3107735085ns5:ComputerEquipment2023-08-3107735085ns5:PlantMachinery2024-08-3107735085ns5:FurnitureFittings2024-08-3107735085ns5:MotorVehicles2024-08-3107735085ns5:ComputerEquipment2024-08-3107735085ns5:PlantMachinery2023-08-3107735085ns5:FurnitureFittings2023-08-3107735085ns5:MotorVehicles2023-08-3107735085ns5:ComputerEquipment2023-08-3107735085ns5:WithinOneYearns5:CurrentFinancialInstruments2024-08-3107735085ns5:WithinOneYearns5:CurrentFinancialInstruments2023-08-3107735085ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2024-08-3107735085ns5:BetweenOneTwoYearsns5:Non-currentFinancialInstruments2023-08-31
REGISTERED NUMBER: 07735085 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31 August 2024

for

Echo Fabrication Limited

Echo Fabrication Limited (Registered number: 07735085)






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

Chartered Accountants' Report 7

Echo Fabrication Limited

Company Information
for the Year Ended 31 August 2024







DIRECTORS: L Marsh
G P Smith
T Parr





REGISTERED OFFICE: The Granary
Crowhill Farm
Ravensden Road
Wilden
Bedfordshire
MK44 2QS





REGISTERED NUMBER: 07735085 (England and Wales)





ACCOUNTANTS: GREGORY WILDMAN
The Granary
Crowhill Farm
Ravensden Road
Wilden
Bedfordshire
MK44 2QS

Echo Fabrication Limited (Registered number: 07735085)

Statement of Financial Position
31 August 2024

31.8.24 31.8.23
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 36,596 37,675
36,596 37,675

CURRENT ASSETS
Debtors 6 107,033 73,305
Cash at bank 4,165 18,587
111,198 91,892
CREDITORS
Amounts falling due within one year 7 103,477 86,368
NET CURRENT ASSETS 7,721 5,524
TOTAL ASSETS LESS CURRENT LIABILITIES 44,317 43,199

CREDITORS
Amounts falling due after more than one year 8 (7,500 ) (17,500 )

PROVISIONS FOR LIABILITIES (6,107 ) (6,615 )
NET ASSETS 30,710 19,084

CAPITAL AND RESERVES
Called up share capital 300 300
Retained earnings 30,410 18,784
SHAREHOLDERS' FUNDS 30,710 19,084

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 directors acknowledge their 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.

Echo Fabrication Limited (Registered number: 07735085)

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 May 2025 and were signed on its behalf by:





T Parr - Director


Echo Fabrication Limited (Registered number: 07735085)

Notes to the Financial Statements
for the Year Ended 31 August 2024

1. STATUTORY INFORMATION

Echo Fabrication Limited 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.

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


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.

There were no material departures from that standard.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services
Revenue from engineering services was recognised once work was completed and invoiced.

Goodwill
Goodwill, being the the amount paid in connection with the acquisition of a business in 2011, has been amortised evenly over its estimated useful life of two years.

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

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 - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

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.

Echo Fabrication Limited (Registered number: 07735085)

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

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme for the benefit of its employees. Contributions payable are charged to profit and loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2023 - 7 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 September 2023
and 31 August 2024 30,000
AMORTISATION
At 1 September 2023
and 31 August 2024 30,000
NET BOOK VALUE
At 31 August 2024 -
At 31 August 2023 -

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 September 2023 85,436 12,039 19,332 21,932 138,739
Additions 9,522 250 540 - 10,312
At 31 August 2024 94,958 12,289 19,872 21,932 149,051
DEPRECIATION
At 1 September 2023 63,908 10,530 9,559 17,067 101,064
Charge for year 6,696 382 2,455 1,858 11,391
At 31 August 2024 70,604 10,912 12,014 18,925 112,455
NET BOOK VALUE
At 31 August 2024 24,354 1,377 7,858 3,007 36,596
At 31 August 2023 21,528 1,509 9,773 4,865 37,675

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade debtors 104,275 71,763
Prepayments 2,758 1,542
107,033 73,305

Echo Fabrication Limited (Registered number: 07735085)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Bank loans and overdrafts 17,979 23,648
Trade creditors 43,698 31,325
Tax 11,780 13,537
Social security and other taxes 1,570 1,802
VAT 19,242 7,460
Other creditors 470 560
Directors' current accounts 4,030 958
Accrued expenses 4,708 7,078
103,477 86,368

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.8.24 31.8.23
£    £   
Bank loans - 1-2 years 7,500 17,500

9. RELATED PARTY DISCLOSURES

The amount outstanding at the year end due to Mr L Marsh is £410 (2023 - £320)

The amount outstanding at the year end due to Mr G Smith is £410 (2023 - £319)

The amount outstanding at the year end due to T Parr £410 (2023 - £319)

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Echo Fabrication Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Echo Fabrication Limited for the year ended 31 August 2024 which comprise the Income Statement, Other Comprehensive Income, Statement of Financial Position, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Echo Fabrication Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Echo Fabrication Limited and state those matters that we have agreed to state to the Board of Directors of Echo Fabrication Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Echo Fabrication Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Echo Fabrication Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Echo Fabrication Limited. You consider that Echo Fabrication Limited 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 financial statements of Echo Fabrication Limited. 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 financial statements.






GREGORY WILDMAN
The Granary
Crowhill Farm
Ravensden Road
Wilden
Bedfordshire
MK44 2QS


9 May 2025