ECI Limited - Filleted accounts

Registered number

10554052

ECI Limited

Filleted Accounts

31 January 2024

ECI Limited
Registered number:		10554052
Balance Sheet
as at 31 January 2024

Notes		2024		2023
		£	£	£	£
Fixed assets
Tangible assets	3		1,693,915		1,183,085

Current assets
Debtors	4	556,917		514,187
Cash at bank and in hand		105,423		85,697
		662,340		599,884

Creditors: amounts falling due within one year	5	(237,135)		(211,072)

Net current assets			425,205		388,812

Total assets less current liabilities			2,119,120		1,571,897

Creditors: amounts falling due after more than one year	6		(132,507)		(336,974)

Net assets			1,986,613		1,234,923

Capital and reserves
Called up share capital			100,000		100,000
Profit and loss account			1,886,613		1,134,923

Shareholder's funds			1,986,613		1,234,923

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.

S M Caffrey
Director
Approved by the board on 7 August 2025

ECI Limited
Notes to the Accounts
for the year ended 31 January 2024


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	15% reducing balance basis
	Motor vehicles	25% reducing balance basis

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

2	Employees		2024	2023
			Number	Number

	Average number of persons employed by the company		11	7


3	Tangible fixed assets
		Plant and Machinery	Motor vehicles	Total
		£	£	£
	Cost
	At 1 February 2023	1,566,039	203,798	1,769,837
	Additions	815,268	-	815,268
	At 31 January 2024	2,381,307	203,798	2,585,105

	Depreciation
	At 1 February 2023	429,804	156,948	586,752
	Charge for the year	292,725	11,713	304,438
	At 31 January 2024	722,529	168,661	891,190

	Net book value
	At 31 January 2024	1,658,778	35,137	1,693,915
	At 31 January 2023	1,136,235	46,850	1,183,085

4	Debtors		2024	2023
			£	£

	Trade debtors		548,875	506,328
	Other debtors		8,042	7,859
			556,917	514,187


5	Creditors: amounts falling due within one year		2024	2023
			£	£

	Trade creditors		187,164	184,526
	Corporation tax		18,226	-
	Other taxes and social security costs		21,172	14,921
	Other creditors		10,573	11,625
			237,135	211,072


6	Creditors: amounts falling due after one year		2024	2023
			£	£

	Bank loans		41,501	45,627
	Other creditors		91,006	291,347
			132,507	336,974


7	Other information

	ECI Limited is a private company limited by shares and incorporated in England. Its registered office is:
	3rd Floor City Reach
	5 Greenwich View Place
	London
	E14 9NN