ECML (Liverpool) Opco Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 15169064

ECML (Liverpool) Opco Ltd

Filleted Financial Statements

31 December 2024

ECML (Liverpool) Opco Ltd

Statement of Financial Position

31 December 2024

	31 Dec 24
Note	£

Fixed assets

Tangible assets	5	40,965

Current assets

Debtors	6	164,286
Cash at bank and in hand		321,688
		---------
		485,974

Creditors: amounts falling due within one year	7	232,509
		---------
Net current assets		253,465
		---------
Total assets less current liabilities		294,430

Provisions	10,241
	---------
Net assets	284,189
	---------

Capital and reserves

Called up share capital	1,000
Profit and loss account	283,189
	---------
Shareholder funds	284,189
	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

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.

These financial statements were approved by the board of directors and authorised for issue on 22 September 2025 , and are signed on behalf of the board by:

Mr N Singh	Ms L F Yip
Director	Director

Company registration number: 15169064

ECML (Liverpool) Opco Ltd

Notes to the Financial Statements

Period from 27 September 2023 to 31 December 2024

1. Comparative figures

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Tune Hotel, 3-19, Queen Buildings, Castle Street, Liverpool, L2 4XE, UK.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Cost includes expenditure that is directly attributable to the acquisition of the asset. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Fixtures, fittings and equipment	-	Straight line over 4 years

Amortisation of short leasehold property is on a straight line basis over the duration of the remaining lease term of 7 years from acquisition, with any amortisation only being recognised when the cumulative amortisation is equal to or greater than £1.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment. Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measured at fair value, with any changes recognised in profit or loss, with the exception of hedging instruments in a designated hedging relationship.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the period amounted to 10 .

5. Tangible assets

	Short leasehold property	Fixtures and fittings	Total
	£	£	£
Cost
At 27 September 2023	–	–	–
Additions	1	45,443	45,444
	----	--------	--------
At 31 December 2024	1	45,443	45,444
	----	--------	--------
Depreciation
At 27 September 2023	–	–	–
Charge for the period	–	4,479	4,479
	----	--------	--------
At 31 December 2024	–	4,479	4,479
	----	--------	--------
Carrying amount
At 31 December 2024	1	40,964	40,965
	----	--------	--------

6. Debtors

	31 Dec 24
	£
Amounts owed by group undertakings and undertakings in which the company has a participating interest	123,846
Other debtors	40,440
	---------
	164,286
	---------

7. Creditors: amounts falling due within one year

	31 Dec 24
	£
Trade creditors	27,138
Corporation tax	18,757
Social security and other taxes	48,551
Other creditors	138,063
	---------
	232,509
	---------

8. Comparative figures

No comparative figures are presented for the period as these financial statements represent the first set of financial statements since incorporation.

9. Other financial commitments

The company has provided a cross company guarantee and debenture in respect of bank borrowings of its parent, ECM Libra (Liverpool) Ltd held at 31st December 2024.

10. Summary audit opinion

The auditor's report dated 23 September 2025 was unqualified , however, the auditor drew attention to the following by way of emphasis.

We draw attention to the note 10 in the financial statements, which indicates that the company has provided a cross company guarantee and debenture in respect of borrowings of its immediate parent company, ECM Libra (Liverpool) Ltd. The audited financial statements for the parent company for the period ended 31st December 2024, were prepared on a going concern basis on the assumption that the parent company will continue to receive ongoing financial support for the foreseeable future, from the ultimate parent company of the group, ECM Libra Group Berhad. The directors of the parent have received assurances from the ultimate parent that it will continue to provide financial support as necessary. The financial statements have been prepared on a going concern basis on the assumption that the ultimate parent company will continue to provide ongoing financial support to the parent for the foreseeable future. Our opinion is not modified in respect of this matter.

The senior statutory auditor was Viral Patel FCA , for and on behalf of Virash Bach & Co. Limited .

11. Related party transactions

The company has taken advantage of the exemption in paragraph 33.1A of FRS 102 from disclosing transactions with its parent and other wholly owned group undertakings. The company’s results are included in the consolidated financial statements of its ultimate parent, ECM Libra Group Berhad, which are publicly available from company's website using the following link: www.ecmlibra.com

12. Controlling party

The company is a subsidiary, whose parent is ECM Libra (Liverpool) Ltd, a UK registered company with registered offices at Tune Hotel, 3-19, Queen Buildings, Castle Street, Liverpool, United Kingdom, L2 4XE. The ultimate parent company is ECM Libra Group Berhad, a company registered in Malaysia with registered offices at 2nd Floor West Wing, Bangunan ECM Libra, 8 Jalan Damansara Endah, Damansara Heights, 50490 Kuala Lumpur, Malaysia.