REGISTERED NUMBER: 14539294 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

EASTERN CONSTRUCTION CONSULTANTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

W G E Ingleby

REGISTERED OFFICE:

NFU Offices

Camel Gate

Spalding

Lincolnshire

PE12 6ET

REGISTERED NUMBER:

14539294 (England and Wales)

ACCOUNTANTS:

Wheelers

Chartered Accountants & Tax Consultants

27-29 Old Market

Wisbech

Cambridgeshire

PE13 1NE

FIXED ASSETS

Tangible assets

4

59,642

69,565

CURRENT ASSETS

Stocks

500

500

Debtors

5

15,646

25,373

Cash at bank

11,448

14,375

27,594

40,248

CREDITORS

Amounts falling due within one year

6

63,338

57,207

NET CURRENT LIABILITIES

(35,744

)

(16,959

)

TOTAL ASSETS LESS CURRENT LIABILITIES

23,898

52,606

CREDITORS

Amounts falling due after more than one year

7

(21,126

)

(24,715

)

PROVISIONS FOR LIABILITIES

(7,000

)

(5,300

)

NET (LIABILITIES)/ASSETS

(4,228

)

22,591

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

(4,229

)

22,590

SHAREHOLDERS' FUNDS

(4,228

)

22,591

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 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 6 June 2025 and were signed by:

W G E Ingleby - Director

1.	STATUTORY INFORMATION

Eastern Construction Consultants 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.

At the balance sheet date, the company had net liabilities of £4,228 by virtue of its liabilities exceeding its assets. The directors are confident that the going concern basis for the preparation of the financial statements is appropriate, and this view is supported by the continuing support of the company bankers and creditors.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

15% on reducing balance

Motor vehicles

-

20% reducing balance

Computer equipment

-

15% on reducing balance

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 Statement of Income and Retained Earnings, 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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 2 (2023 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 January 2024

19,181

52,560

999

72,740

Additions

2,322

-

1,168

3,490

At 31 December 2024

21,503

52,560

2,167

76,230

DEPRECIATION

At 1 January 2024

1,973

1,090

112

3,175

Charge for year

2,811

10,294

308

13,413

At 31 December 2024

4,784

11,384

420

16,588

NET BOOK VALUE

At 31 December 2024

16,719

41,176

1,747

59,642

At 31 December 2023

17,208

51,470

887

69,565

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 January 2024

and 31 December 2024

39,720

DEPRECIATION

At 1 January 2024

662

Charge for year

7,812

At 31 December 2024

8,474

NET BOOK VALUE

At 31 December 2024

31,246

At 31 December 2023

39,058

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

9,341

21,280

Other debtors

6,305

4,093

15,646

25,373

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

175

524

Hire purchase contracts

3,414

3,175

Trade creditors

9,990

13,807

Taxation and social security

3,888

497

Other creditors

45,871

39,204

63,338

57,207

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans

-

175

Hire purchase contracts

21,126

24,540

21,126

24,715

8.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.24

31.12.23

£

£

Hire purchase

24,540

27,714

Hire purchase agreements are secured against the assets to which they relate.

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 31 December 2024 and the period ended 31 December 2023:

31.12.24

31.12.23

£

£

W G E Ingleby

Balance outstanding at start of year

2,217

-

Amounts advanced

-

11,831

Amounts repaid

(2,217

)

(9,614

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

2,217

10.

DIVIDENDS

Dividends of £34,000 were paid during the year. The amount of the dividends declared was based on the best estimate of retained profits available at the time. Subsequently, it was realised that the actual retained profits available for distribution fell short of the directors' estimate by £4,229 which the directors concede is in contravention of section 830 of the Companies Act 2006.