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REGISTERED NUMBER: 06175398 (England and Wales)
















Unaudited Financial Statements for the Year Ended 31 March 2025

for

ECO Associates Limited

ECO Associates Limited (Registered number: 06175398)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


ECO Associates Limited

Company Information
for the Year Ended 31 March 2025







DIRECTOR: Mr R C Grain





SECRETARY: Mrs C E Grain





REGISTERED OFFICE: 130 Empingham Road
Stamford
Lincolnshire
PE9 2SU





REGISTERED NUMBER: 06175398 (England and Wales)





ACCOUNTANTS: Hardcastle Burton LLP
Lake House
Market Hill
Royston
Hertfordshire
SG8 9JN

ECO Associates Limited (Registered number: 06175398)

Abridged Balance Sheet
31 March 2025

31.3.25 31.3.24
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 562 352
Investments 5 - 11,872
562 12,224

CURRENT ASSETS
Stocks - 5,010
Debtors 5,276 31,946
Cash at bank 6,286 3,824
11,562 40,780
CREDITORS
Amounts falling due within one year 44,212 46,308
NET CURRENT LIABILITIES (32,650 ) (5,528 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(32,088

)

6,696

CREDITORS
Amounts falling due after more than one
year

105,797

90,546
NET LIABILITIES (137,885 ) (83,850 )

CAPITAL AND RESERVES
Called up share capital 6 1 1
Retained earnings (137,886 ) (83,851 )
SHAREHOLDERS' FUNDS (137,885 ) (83,850 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

ECO Associates Limited (Registered number: 06175398)

Abridged Balance Sheet - continued
31 March 2025


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 3 June 2025 and were signed by:





Mr R C Grain - Director


ECO Associates Limited (Registered number: 06175398)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

ECO Associates 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.

The financial statements have been prepared on a going concern basis. The Directors consider the basis to be appropriate despite the fact that the balance sheet shows net liabilities of £137,866 at 31st March 2025 (2024: £83,850). The company is generating sufficient cash flows on a weekly basis together with support of its directors to meet its current liabilities.

Should the company be unable to continue trading, adjustments would have been made to adjust the value of the assets to their recoverable amount, to provide for any further liabilities which might arise.

Turnover
Turnover represents net invoiced consultancy service income, excluding value added tax.

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

Computer equipment- 33% straight line
Fixtures and fittings - 20% reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

ECO Associates Limited (Registered number: 06175398)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2024 11,076
Additions 544
At 31 March 2025 11,620
DEPRECIATION
At 1 April 2024 10,724
Charge for year 334
At 31 March 2025 11,058
NET BOOK VALUE
At 31 March 2025 562
At 31 March 2024 352

5. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST
At 1 April 2024 11,872
Disposals (11,872 )
At 31 March 2025 -
NET BOOK VALUE
At 31 March 2025 -
At 31 March 2024 11,872

The company owns 50% of the issued share capital of Saffron Balaton Kft, a company incorporated in Hungary. The shareholding does not give ECO Associates Limited control of the company. Saffron Balaton Kft is involved in property development activities.

The latest financial statements available for Saffron Balaton Kft are for the year ended 31 December 2010 and show aggregate capital and reserves of £1,000 and a loss for the year of £90.

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.25 31.3.24
value: £    £   
1 Ordinary shares £1 1 1