Company Registration No. 06025434 (England and Wales)
Inner City Environmental Ltd
Unaudited accounts
for the year ended 30 November 2024
Inner City Environmental Ltd
Unaudited accounts
Contents
Inner City Environmental Ltd
Company Information
for the year ended 30 November 2024
Company Number
06025434 (England and Wales)
Registered Office
Unit 5, Schooner Park Schooner Court
Crossways Business Park
Dartford
Kent
DA2 6NW
England
Accountants
Pat & Co Ltd
153 Shirley Road
Croydon
Surrey
CR0 8SS
Inner City Environmental Ltd
Statement of financial position
as at 30 November 2024
Tangible assets
1,859,276
799,661
Inventories
56,850
100,800
Creditors: amounts falling due within one year
(245,719)
(766,881)
Net current assets
270,429
1,650,351
Total assets less current liabilities
2,129,705
2,450,012
Creditors: amounts falling due after more than one year
(146,000)
(500,601)
Net assets
1,983,705
1,949,411
Called up share capital
2
2
Profit and loss account
1,983,703
1,949,409
Shareholders' funds
1,983,705
1,949,411
For the year ending 30 November 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 5 March 2025 and were signed on its behalf by
Matthew Phillips
Director
Company Registration No. 06025434
Inner City Environmental Ltd
Notes to the Accounts
for the year ended 30 November 2024
Inner City Environmental Ltd is a private company, limited by shares, registered in England and Wales, registration number 06025434. The registered office is Unit 5, Schooner Park Schooner Court, Crossways Business Park, Dartford, Kent, DA2 6NW, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
10% Reducing Balance Method
Motor vehicles
25% Reducing Balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 December 2023
583,406
1,138,012
1,721,418
Additions
550,000
650,000
1,200,000
At 30 November 2024
1,133,406
1,788,012
2,921,418
At 1 December 2023
186,543
735,214
921,757
Charge for the year
39,686
100,699
140,385
At 30 November 2024
226,229
835,913
1,062,142
At 30 November 2024
907,177
952,099
1,859,276
At 30 November 2023
396,863
402,798
799,661
Inner City Environmental Ltd
Notes to the Accounts
for the year ended 30 November 2024
Amounts falling due within one year
Trade debtors
459,298
1,544,031
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
39,018
93,564
Obligations under finance leases and hire purchase contracts
106,000
164,952
Trade creditors
100,701
508,365
7
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
146,000
300,763
Obligations under finance leases and hire purchase contracts
-
199,838
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).