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REGISTERED NUMBER: 03913502 (England and Wales)















Ecodrive Transmissions Limited

Unaudited Financial Statements

For The Year Ended 31 December 2024






Ecodrive Transmissions Limited (Registered number: 03913502)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 7

Ecodrive Transmissions Limited

Company Information
For The Year Ended 31 December 2024







DIRECTORS: S L Allen
G J Evans
K Gregory
T J Waring





SECRETARY: Miss S J Patton





REGISTERED OFFICE: Unit 35 Devonshire Road
Oakhill 61 Industrial Estate
Walkden
Manchester
M28 3PT





REGISTERED NUMBER: 03913502 (England and Wales)





ACCOUNTANTS: Roddis Taylor Robinson
Chartered Accountants
Unit 6, Acorn Business Park
Woodseats Close
Sheffield
South Yorkshire
S8 0TB

Ecodrive Transmissions Limited (Registered number: 03913502)

Balance Sheet
31 December 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 31,474 17,131

CURRENT ASSETS
Stocks 383,769 336,797
Debtors 5 327,350 255,624
Cash at bank and in hand 69,255 142,780
780,374 735,201
CREDITORS
Amounts falling due within one year 6 372,651 366,581
NET CURRENT ASSETS 407,723 368,620
TOTAL ASSETS LESS CURRENT
LIABILITIES

439,197

385,751

CREDITORS
Amounts falling due after more than one
year

7

(18,278

)

(18,525

)

PROVISIONS FOR LIABILITIES (6,636 ) (2,597 )
NET ASSETS 414,283 364,629

CAPITAL AND RESERVES
Called up share capital 198 198
Capital redemption reserve 30,000 30,000
Retained earnings 384,085 334,431
414,283 364,629

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

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

Ecodrive Transmissions Limited (Registered number: 03913502)

Balance Sheet - continued
31 December 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 8 April 2025 and were signed on its behalf by:





S L Allen - Director


Ecodrive Transmissions Limited (Registered number: 03913502)

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

1. STATUTORY INFORMATION

Ecodrive Transmissions 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.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 19 (2023 - 19 ) .

Ecodrive Transmissions Limited (Registered number: 03913502)

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2024 597,290
Additions 32,025
Disposals (39,806 )
At 31 December 2024 589,509
DEPRECIATION
At 1 January 2024 580,159
Charge for year 16,105
Eliminated on disposal (38,229 )
At 31 December 2024 558,035
NET BOOK VALUE
At 31 December 2024 31,474
At 31 December 2023 17,131

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 235,608 110,810
Amounts owed by group undertakings 46,001 101,304
Other debtors 45,741 43,510
327,350 255,624

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 18,519 44,438
Hire purchase contracts (see note 8) 5,772 592
Trade creditors 234,445 206,183
Taxation and social security 107,710 113,547
Other creditors 6,205 1,821
372,651 366,581

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 18,525
Hire purchase contracts (see note 8) 18,278 -
18,278 18,525

Ecodrive Transmissions Limited (Registered number: 03913502)

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

8. LEASING AGREEMENTS

At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases of £347,359 (2023: £402,732).

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 18,519 62,963
Hire purchase contracts 24,050 592
42,569 63,555

Obligations under finance leases and hire purchase contracts are secured upon the assets to which they relate to.

The bank loan has a secured fixed and floating charge upon the assets of the company.

10. ULTIMATE CONTROLLING PARTY

The company's ultimate parent company is Great Blakenham Holdings Limited. The registered office of Great Blakenham Holdings Limited is Unit 6 Acorn Business Park, Woodseats Close, Sheffield S8 0TB.

Ecodrive Transmissions Limited

Report of the Accountants to the Directors of
Ecodrive Transmissions 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 Balance Sheet. 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.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 December 2024 set out on pages three to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Our report may not be relied upon by any person for any other purpose whatsoever.

Roddis Taylor Robinson neither owes nor accepts any duty to any other party and shall not be liable for any loss, damage or expenses of whatsoever nature which is caused by their reliance on these accounts.






Roddis Taylor Robinson
Chartered Accountants
Unit 6, Acorn Business Park
Woodseats Close
Sheffield
South Yorkshire
S8 0TB


8 April 2025