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REGISTERED NUMBER: 07142072 (England and Wales)

























Financial Statements

for the Year Ended 28 February 2025

for

Ecogen Recycling Ltd

Ecogen Recycling Ltd (Registered number: 07142072)






Contents of the Financial Statements
for the Year Ended 28 February 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Ecogen Recycling Ltd

Company Information
for the Year Ended 28 February 2025







DIRECTORS: J M P Lewis
W J M Nicholls
Mrs M R C Nicholls





REGISTERED OFFICE: Kings Worthy Business Park
Stoke Charity Road
Kings Worthy
Hampshire
SO21 2RP





REGISTERED NUMBER: 07142072 (England and Wales)





ACCOUNTANTS: Mander Duffill
Chartered Accountants
The Old Post Office
41-43 Market Place
Chippenham
Wiltshire
SN15 3HR

Ecogen Recycling Ltd (Registered number: 07142072)

Balance Sheet
28 February 2025

28.2.25 29.2.24
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,024,531 1,263,050

CURRENT ASSETS
Stocks 15,090 38,010
Debtors 5 2,499,703 1,970,896
Cash at bank 239,138 314,962
2,753,931 2,323,868
CREDITORS
Amounts falling due within one year 6 1,408,998 1,198,478
NET CURRENT ASSETS 1,344,933 1,125,390
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,369,464

2,388,440

CREDITORS
Amounts falling due after more than one
year

7

(239,206

)

(295,632

)

PROVISIONS FOR LIABILITIES (256,133 ) (315,763 )
NET ASSETS 1,874,125 1,777,045

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 1,873,125 1,776,045
SHAREHOLDERS' FUNDS 1,874,125 1,777,045

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 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.

Ecogen Recycling Ltd (Registered number: 07142072)

Balance Sheet - continued
28 February 2025


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 27 June 2025 and were signed on its behalf by:




W J M Nicholls - Director



J M P Lewis - Director


Ecogen Recycling Ltd (Registered number: 07142072)

Notes to the Financial Statements
for the Year Ended 28 February 2025

1. STATUTORY INFORMATION

Ecogen Recycling Ltd 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 25% on reducing balance and 20% on reducing balance

Stocks
Stock has been valued at the lower of cost and estimated selling price less costs to sell. In respect of work in progress, cost includes a relevant proportion of overheads according to the stage manufacture or completion.

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.

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 21 (2024 - 22 ) .

Ecogen Recycling Ltd (Registered number: 07142072)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2024 2,715,876
Additions 130,137
Disposals (259,804 )
At 28 February 2025 2,586,209
DEPRECIATION
At 1 March 2024 1,452,826
Charge for year 260,432
Eliminated on disposal (151,580 )
At 28 February 2025 1,561,678
NET BOOK VALUE
At 28 February 2025 1,024,531
At 29 February 2024 1,263,050

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

Plant and
machinery
etc
£   
COST
At 1 March 2024 822,244
Additions 105,549
Disposals (212,984 )
Transfer to ownership (108,909 )
At 28 February 2025 605,900
DEPRECIATION
At 1 March 2024 352,813
Charge for year 90,081
Eliminated on disposal (125,139 )
Transfer to ownership (59,900 )
At 28 February 2025 257,855
NET BOOK VALUE
At 28 February 2025 348,045
At 29 February 2024 469,431

Ecogen Recycling Ltd (Registered number: 07142072)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 29.2.24
£    £   
Trade debtors 565,152 464,561
Other debtors 1,934,551 1,506,335
2,499,703 1,970,896

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 29.2.24
£    £   
Bank loans and overdrafts 31,789 31,789
Trade creditors 564,350 599,903
Other creditors 812,859 566,786
1,408,998 1,198,478

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
28.2.25 29.2.24
£    £   
Bank loans 13,246 45,035
Other creditors 225,960 250,597
239,206 295,632

8. ULTIMATE CONTROLLING PARTY

The controlling party is Ecogen Group (Holdings) Ltd.

The registered office address of Ecogen Group (Holdings) Ltd is Kings Worthy Business Park, Stoke Charity Road, Kings Worthy, Hampshire, England, SO21 2RP