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REGISTERED NUMBER: 04388368 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

ECCO TRADING LIMITED

ECCO TRADING LIMITED (REGISTERED NUMBER: 04388368)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ECCO TRADING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTORS: P Molesworth
P Gill





SECRETARY: P Molesworth





REGISTERED OFFICE: Appledram Barns
Birdham Road
Chichester
West Sussex
PO20 7EQ





REGISTERED NUMBER: 04388368 (England and Wales)





ACCOUNTANTS: Lewis Brownlee (Chichester) Limited
Chartered Accountants
Appledram Barns
Birdham Road
Chichester
West Sussex
PO20 7EQ

ECCO TRADING LIMITED (REGISTERED NUMBER: 04388368)

BALANCE SHEET
31 MARCH 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 6,199 8,599
Tangible assets 5 4,805 4,522
11,004 13,121

CURRENT ASSETS
Stocks 460,632 494,856
Debtors 6 96,776 108,261
Prepayments and accrued income 111,767 78,446
Cash at bank and in hand 377,782 348,818
1,046,957 1,030,381
CREDITORS
Amounts falling due within one year 7 239,077 257,421
NET CURRENT ASSETS 807,880 772,960
TOTAL ASSETS LESS CURRENT
LIABILITIES

818,884

786,081

CREDITORS
Amounts falling due after more than one year 8 (8,637 ) (25,910 )

PROVISIONS FOR LIABILITIES (1,289 ) (1,211 )
NET ASSETS 808,958 758,960

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 808,956 758,958
SHAREHOLDERS' FUNDS 808,958 758,960

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 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.

ECCO TRADING LIMITED (REGISTERED NUMBER: 04388368)

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.

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 Board of Directors and authorised for issue on 29 July 2025 and were signed on its behalf by:





P Gill - Director


ECCO TRADING LIMITED (REGISTERED NUMBER: 04388368)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025


1. STATUTORY INFORMATION

Ecco Trading 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 presentational currency of the financial statements is the Pound Sterling (£) which is rounded to the nearest pound (£).

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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Costs on acquiring new leases are being amortised evenly over the period of the leases of five years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% 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.

Financial instruments
Financial instruments are classified by the director as basic or advanced following the conditions in FRS102 section 1A. Basic financial instruments are recognised at amortised cost using effective interest method unless the effect of discounting would be immaterial, in which case they are stated at cost. The company has no advanced financial instruments.

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.


ECCO TRADING LIMITED (REGISTERED NUMBER: 04388368)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


2. ACCOUNTING POLICIES - continued
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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Pension commitments
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to the profit or loss in the period which they relate.

Employee benefits
The costs of short-term employee benefits are recognised as a liability and an expense. The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received.

Operating leases
Rentals applicable to operating leases where substantially all the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2024 - 7 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 April 2024
and 31 March 2025 11,998
AMORTISATION
At 1 April 2024 3,399
Charge for year 2,400
At 31 March 2025 5,799
NET BOOK VALUE
At 31 March 2025 6,199
At 31 March 2024 8,599

ECCO TRADING LIMITED (REGISTERED NUMBER: 04388368)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2024 6,084
Additions 2,380
Disposals (2,099 )
At 31 March 2025 6,365
DEPRECIATION
At 1 April 2024 1,562
Charge for year 1,038
Eliminated on disposal (1,040 )
At 31 March 2025 1,560
NET BOOK VALUE
At 31 March 2025 4,805
At 31 March 2024 4,522

6. DEBTORS
2025 2024
£    £   
Amounts falling due within one year:
Trade debtors 39,483 69,690
Other debtors 21,293 2,571
60,776 72,261

Amounts falling due after more than one year:
Other debtors 36,000 36,000

Aggregate amounts 96,776 108,261

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 17,273 17,273
Trade creditors 98,560 91,442
Taxation and social security 102,587 131,451
Other creditors 20,657 17,255
239,077 257,421

ECCO TRADING LIMITED (REGISTERED NUMBER: 04388368)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2025 2024
£    £   
Bank loans 8,637 25,910

The company has a Coronavirus Business Interruption Loan Scheme (CBILS). The term of which is interest free for 12 months then a floating rate under which the interest rate will never be less than 3.19% per annum. The loan is repayable within 6 years from the date of the drawdown of the loan.

9. OTHER FINANCIAL COMMITMENTS

At 31 March 2025, the company had total commitments under non-cancellable operating leases over the remaining life of those leases of £357,151 (2024: £452,253).

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year the company made advances to the directors totalling £37,063 (2024 - £36,999) and the directors made repayments of £18,054 (2024 - £37,396.21).

No Interest has been charged on the loan and it was fully repaid within 9 months of the balance sheet date.