Caseware UK (AP4) 2024.0.164 2024.0.164 2024-11-302024-11-302023-12-01falseNo description of principal activityfalse44truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 10470382 2023-12-01 2024-11-30 10470382 2022-12-01 2023-11-30 10470382 2024-11-30 10470382 2023-11-30 10470382 c:Director1 2023-12-01 2024-11-30 10470382 d:PlantMachinery 2023-12-01 2024-11-30 10470382 d:PlantMachinery 2024-11-30 10470382 d:PlantMachinery 2023-11-30 10470382 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-12-01 2024-11-30 10470382 d:OfficeEquipment 2023-12-01 2024-11-30 10470382 d:OfficeEquipment 2024-11-30 10470382 d:OfficeEquipment 2023-11-30 10470382 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-12-01 2024-11-30 10470382 d:OwnedOrFreeholdAssets 2023-12-01 2024-11-30 10470382 d:CurrentFinancialInstruments 2024-11-30 10470382 d:CurrentFinancialInstruments 2023-11-30 10470382 d:CurrentFinancialInstruments d:WithinOneYear 2024-11-30 10470382 d:CurrentFinancialInstruments d:WithinOneYear 2023-11-30 10470382 d:ShareCapital 2024-11-30 10470382 d:ShareCapital 2023-11-30 10470382 d:RetainedEarningsAccumulatedLosses 2024-11-30 10470382 d:RetainedEarningsAccumulatedLosses 2023-11-30 10470382 c:FRS102 2023-12-01 2024-11-30 10470382 c:AuditExempt-NoAccountantsReport 2023-12-01 2024-11-30 10470382 c:FullAccounts 2023-12-01 2024-11-30 10470382 c:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30 10470382 d:WithinOneYear 2024-11-30 10470382 d:WithinOneYear 2023-11-30 10470382 d:BetweenOneFiveYears 2024-11-30 10470382 d:BetweenOneFiveYears 2023-11-30 10470382 2 2023-12-01 2024-11-30 10470382 e:PoundSterling 2023-12-01 2024-11-30 iso4217:GBP xbrli:pure

Registered number: 10470382









ECO FUELS SERVICES LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2024

 
ECO FUELS SERVICES LIMITED
REGISTERED NUMBER: 10470382

BALANCE SHEET
AS AT 30 NOVEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
2,121
1,605

  
2,121
1,605

Current assets
  

Stocks
  
24,992
22,940

Debtors: amounts falling due within one year
 5 
52,182
45,172

Cash at bank and in hand
  
67,821
52,157

  
144,995
120,269

Creditors: amounts falling due within one year
 6 
(60,155)
(52,536)

Net current assets
  
 
 
84,840
 
 
67,733

Total assets less current liabilities
  
86,961
69,338

Provisions for liabilities
  

Deferred tax
  
(530)
(401)

  
 
 
(530)
 
 
(401)

Net assets
  
86,431
68,937


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
86,331
68,837

  
86,431
68,937

Page 1

 
ECO FUELS SERVICES LIMITED
REGISTERED NUMBER: 10470382
    
BALANCE SHEET (CONTINUED)
AS AT 30 NOVEMBER 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 14 August 2025.




Mark Thomas
Director

The notes on pages 3 to 7 form part of these financial statements.
Page 2

 
ECO FUELS SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

1.


General information

The company is a private limited company, which is incorporated and registered in England (registration
number: 10470382). The address of the registered office is Cromwell House, 68 West Gate, Mansfield, Nottinghamshire, NG18 1RR.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

The financial statements have been prepared on the going concern basis. The directors believe that the company has sufficient resources to be able to continue to trade until at least August 2026.

 
2.3

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the statement of comprehensive income within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

Page 3

 
ECO FUELS SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

2.Accounting policies (continued)

 
2.4

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.5

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

 
2.6

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.7

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

Page 4

 
ECO FUELS SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

2.Accounting policies (continued)

 
2.8

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


 
2.9

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Plant and machinery
-
25%
on a straight line basis
Office equipment
-
33%
on a straight line basis

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Page 5

 
ECO FUELS SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

2.Accounting policies (continued)

 
2.10

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.


3.


Employees

The average monthly number of employees, including directors, during the year was 4 (2023 - 4).


4.


Tangible fixed assets





Plant and machinery
Office equipment
Total

£
£
£



Cost or valuation


At 1 December 2023
6,019
1,965
7,984


Additions
265
1,029
1,294



At 30 November 2024

6,284
2,994
9,278



Depreciation


At 1 December 2023
4,492
1,887
6,379


Charge for the year on owned assets
635
143
778



At 30 November 2024

5,127
2,030
7,157



Net book value



At 30 November 2024
1,157
964
2,121



At 30 November 2023
1,527
78
1,605

Page 6

 
ECO FUELS SERVICES LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024

5.


Debtors

2024
2023
£
£


Trade debtors
46,730
34,892

Other debtors
-
2,749

Prepayments and accrued income
5,452
7,531

52,182
45,172



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
12,447
4,247

Other taxation and social security
26,913
23,348

Other creditors
836
598

Accruals and deferred income
19,959
24,343

60,155
52,536



7.


Pension commitments

The company operates a defined contribution plan. The assets of the scheme are held separately from those of the company in an independently administered fund. At the balance sheet date £223 (2023: £nil) was payable to the fund and is included within other creditors.


8.


Commitments under operating leases

At 30 November 2024 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

2024
2023
£
£


Not later than 1 year
2,357
3,928

Later than 1 year and not later than 5 years
-
2,291

2,357
6,219

 
Page 7