REGISTERED NUMBER: 14003914 (England and Wales)

EK COST MANAGEMENT LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

J E K Davies

REGISTERED OFFICE:

2nd Floor, One Hobbs House

Harrovian Business Village

Bessborough Road

Harrow

Middlesex

HA1 3EX

REGISTERED NUMBER:

14003914 (England and Wales)

ACCOUNTANTS:

Albury Associates Limited

2nd Floor, One Hobbs House,

Harrovian Business Village

Bessborough Road

Harrow

Middlesex

HA1 3EX

FIXED ASSETS

Tangible assets

4

-

283

CURRENT ASSETS

Debtors

5

8,788

9,789

Cash at bank

6,237

3,326

15,025

13,115

CREDITORS

Amounts falling due within one year

6

39,430

26,436

NET CURRENT LIABILITIES

(24,405

)

(13,321

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(24,405

)

(13,038

)

CAPITAL AND RESERVES

Called up share capital

7

200

200

Retained earnings

8

(24,605

)

(13,238

)

SHAREHOLDERS' FUNDS

(24,405

)

(13,038

)

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 director acknowledges his 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 director and authorised for issue on 25 September 2025 and were signed by:

J E K Davies - Director

1.	STATUTORY INFORMATION

EK Cost Management 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover represents rendering of services to customers in the United Kingdom. Revenues are recognised when surveying services are provided to the customers.

Tangible fixed assets

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at the rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Plant and machinery etc - Straight line over 3 years

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Going concern

The Financial Statements have been prepared on a going concern basis, as the directors have confirmed that funds will continue to be made available for the company to meet its day to day commitments for the foreseeable future. The financial statements do not include any adjustments that may result from the withdrawal of this support and the directors are of the opinion that the going concern basis is therefore appropriate to the preparation of these financial statements.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

and 31 December 2024

850

DEPRECIATION

At 1 January 2024

567

Charge for year

283

At 31 December 2024

850

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

283

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

2,191

2,875

Amounts owed by associates

4,991

667

Other debtors

1,606

6,247

8,788

9,789

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

2,131

401

Amounts owed to associates

19,808

22,535

Taxation and social security

1,467

-

Other creditors

16,024

3,500

39,430

26,436

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

100

Ordinary A

£1

100

100

100

Ordinary B

£1

100

100

200

200

All Ordinary Shares rank Pari-Passu, other than in relation to the distribution of dividends.

8.

RESERVES

Retained

earnings

£

At 1 January 2024

(13,238

)

Deficit for the year

(11,367

)

At 31 December 2024

(24,605

)

9.	RELATED PARTY DISCLOSURES

At the year-end date, included within debtors, is an amount of £4,991 (2023: £667) owed from related entities in which Mr J E K Davies has beneficial interest.

At the year-end date, included within creditors, amount falling due within one year is an amount of £19,808 (2023: £22,535) owed to related entities in which Mr J E K Davies has beneficial interest.

This amount is unsecured, interest free and payable on demand.

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is J E K Davies by virtue of his shareholdings in the holding company. The holding company is Earl Kendrick Associated Limited, a company that is registered in England.