REGISTERED NUMBER: 02057281 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Echocentral Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

7

DIRECTORS:

Mr G M Sharp

Mr S H Sharp

REGISTERED OFFICE:

3 Berrymoor Court

Northumberland Business Park

Cramlington

Northumberland

NE23 7RZ

REGISTERED NUMBER:

02057281 (England and Wales)

ACCOUNTANTS:

AWS Accountancy Limited

3 Berrymoor Court

Northumberland Business Park

Cramlington

Northumberland

NE23 7RZ

FIXED ASSETS

Tangible assets

4

1,382

460

Investment property

5

367,805

367,805

369,187

368,265

CURRENT ASSETS

Debtors

6

20,561

19,506

Cash at bank

89,790

159,775

110,351

179,281

CREDITORS

Amounts falling due within one year

7

77,606

78,351

NET CURRENT ASSETS

32,745

100,930

TOTAL ASSETS LESS CURRENT LIABILITIES

401,932

469,195

CAPITAL AND RESERVES

Called up share capital

299

299

Fair value reserve

8

(24,307

)

(24,307

)

Retained earnings

425,940

493,203

SHAREHOLDERS' FUNDS

401,932

469,195

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 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.

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 11 September 2025 and were signed on its behalf by:

Mr G M Sharp - Director

1.	STATUTORY INFORMATION

Echocentral 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 as modified by the revaluation of certain assets.

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.

Freehold property

-

2% on cost

Computer equipment

-

25% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Employee share ownership plan

The company operates an Employee Share Ownership Plan Trust. The company has de facto control of the shares held by the trust and bears their benefits and risk and records certain assets and liabilities of the trust as its own. Finance costs and administrative expenses are charged as they accrue.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Computer

property

equipment

Totals

£

£

£

COST

At 1 January 2024

109,703

1,580

111,283

Additions

-

1,166

1,166

At 31 December 2024

109,703

2,746

112,449

DEPRECIATION

At 1 January 2024

109,703

1,120

110,823

Charge for year

-

244

244

At 31 December 2024

109,703

1,364

111,067

NET BOOK VALUE

At 31 December 2024

-

1,382

1,382

At 31 December 2023

-

460

460

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2024

and 31 December 2024

367,805

NET BOOK VALUE

At 31 December 2024

367,805

At 31 December 2023

367,805

Fair value at 31 December 2024 is represented by:

£

Valuation in 2020

35,177

Valuation in 2023

(65,185

)

Cost

397,813

367,805

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Amounts owed by associates

14,613

13,500

Other debtors

-

70

Deferred tax asset

5,702

5,702

Prepayments

246

234

20,561

19,506

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

92

-

Amounts owed to associates

-

743

Tax

431

2,798

Social security and other taxes

1,543

-

VAT

4,891

4,848

Directors' loan accounts

68,129

67,562

Accruals and deferred income

2,520

2,400

77,606

78,351

8.

RESERVES

Fair value

reserve

£

At 1 January 2024

and 31 December 2024

(24,307

)

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 December 2024 set out on pages one to nine and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

AWS Accountancy Limited

3 Berrymoor Court

Northumberland Business Park

Cramlington

Northumberland

NE23 7RZ

11 September 2025