Company Registration No. 08295862 (England and Wales)
Eco Removal Systems Limited
Unaudited accounts
for the year ended 30 September 2024
Eco Removal Systems Limited
Unaudited accounts
Contents
Eco Removal Systems Limited
Company Information
for the year ended 30 September 2024
Directors
Alex William Gayden
Anthony William Gayden
Paul Ronald Johnston
Michael John Whitby
Company Number
08295862 (England and Wales)
Registered Office
126 Oldbury Road
Smethwick
West Midlands
B66 1JE
United Kingdom
Eco Removal Systems Limited
Statement of financial position
as at 30 September 2024
Intangible assets
14,743
2
Tangible assets
40,762
714
Inventories
265,785
205,790
Cash at bank and in hand
179,517
165,324
Creditors: amounts falling due within one year
(204,344)
(148,385)
Net current assets
601,524
569,016
Total assets less current liabilities
657,029
569,732
Creditors: amounts falling due after more than one year
(15,833)
(26,667)
Provisions for liabilities
Other provisions
-
(40,194)
Net assets
641,196
502,871
Called up share capital
100
100
Profit and loss account
641,096
502,771
Shareholders' funds
641,196
502,871
For the year ending 30 September 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 directors acknowledge their 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 of Directors and authorised for issue on 21 May 2025 and were signed on its behalf by
Paul Ronald Johnston
Director
Company Registration No. 08295862
Eco Removal Systems Limited
Notes to the Accounts
for the year ended 30 September 2024
Eco Removal Systems Limited is a private company, limited by shares, registered in England and Wales, registration number 08295862. The registered office is 126 Oldbury Road, Smethwick, West Midlands, B66 1JE, United Kingdom.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Plant & machinery
20% Reducing Balance
Motor vehicles
25% Reducing Balance
Other tangible fixed assets
20% Straight Line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
At 30 September 2024
181,676
At 30 September 2024
166,933
At 30 September 2024
14,743
Eco Removal Systems Limited
Notes to the Accounts
for the year ended 30 September 2024
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 October 2023
1,829
-
1,829
Additions
899
43,916
44,815
At 30 September 2024
2,728
43,916
46,644
At 1 October 2023
1,115
-
1,115
Charge for the year
323
4,444
4,767
At 30 September 2024
1,438
4,444
5,882
At 30 September 2024
1,290
39,472
40,762
At 30 September 2023
714
-
714
Amounts falling due within one year
Trade debtors
171,947
234,835
Amounts due from group undertakings etc.
48,987
48,987
Accrued income and prepayments
4,952
4,952
Other debtors
57,513
57,513
Amounts falling due after more than one year
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
101,198
58,465
Taxes and social security
59,312
59,772
Other creditors
9,800
9,800
Loans from directors
-
(25,856)
8
Creditors: amounts falling due after more than one year
2024
2023
Eco Removal Systems Limited
Notes to the Accounts
for the year ended 30 September 2024
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
These loans are interest free and repayable on demand
10
Transactions with related parties
The company has received loans from a director and the amount due to him at the balance sheet date was -£26,856 (2022 - £15,144). These Loans are repayable on demand and are interest free.
The director of the company, Mr Alex Gayden is a director and shareholder of Ecogum Ltd (In liquidation). The company advanced a loan to Ecogum Ltd (In liquidation) of £48,987 (2022 - £48,987), which is outstanding at the balance sheet date and included in debtors due within one year. This loan is interest free and repayable on demand.
11
Average number of employees
During the year the average number of employees was 6 (2023: 6).