REGISTERED NUMBER: SC297585 (Scotland)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

East Coast Organics Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M F Callender

Miss S M V Aykroyd

SECRETARY:

M F Callender

REGISTERED OFFICE:

24 Boggs Holdings

Pencaitland

Tranent

East Lothian

EH34 5BD

REGISTERED NUMBER:

SC297585 (Scotland)

ACCOUNTANTS:

EQ Accountants Ltd

47-49 The Square

Kelso

Roxburghshire

TD5 7HW

FIXED ASSETS

Intangible assets

4

-

-

Property, plant and equipment

5

1,005,919

1,076,520

1,005,919

1,076,520

CURRENT ASSETS

Inventories

98,885

91,800

Debtors

6

62,802

66,155

Cash at bank and in hand

316,048

303,304

477,735

461,259

CREDITORS

Amounts falling due within one year

7

244,783

196,310

NET CURRENT ASSETS

232,952

264,949

TOTAL ASSETS LESS CURRENT LIABILITIES

1,238,871

1,341,469

CREDITORS

Amounts falling due after more than one year

8

(13,101

)

(41,685

)

PROVISIONS FOR LIABILITIES

(13,000

)

(26,000

)

NET ASSETS

1,212,770

1,273,784

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

1,212,670

1,273,684

SHAREHOLDERS' FUNDS

1,212,770

1,273,784

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 15 October 2025 and were signed on its behalf by:

M F Callender - Director

1.	STATUTORY INFORMATION

East Coast Organics Ltd is a private company, limited by shares , registered in Scotland. 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

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

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2006, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Buildings

-

10% on cost

Plant and machinery

-

50% on cost and Straight line over 5 years

Bicycles & Accessories

-

50% on cost

Motor vehicles

-

25% on cost

Computer equipment

-

50% on cost

Stocks

Inventories are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 35 (2024 - 36 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

248,592

AMORTISATION

At 1 April 2024

and 31 March 2025

248,592

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	PROPERTY, PLANT AND EQUIPMENT

Plant and

Buildings

Land

machinery

£

£

£

COST

At 1 April 2024

194,692

895,935

294,725

Additions

1,280

-

916

At 31 March 2025

195,972

895,935

295,641

DEPRECIATION

At 1 April 2024

119,129

-

250,675

Charge for year

19,112

-

18,273

At 31 March 2025

138,241

-

268,948

NET BOOK VALUE

At 31 March 2025

57,731

895,935

26,693

At 31 March 2024

75,563

895,935

44,050

Bicycles

Motor

Computer

& Accessories

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2024

12,136

297,101

11,349

1,705,938

Additions

-

-

295

2,491

At 31 March 2025

12,136

297,101

11,644

1,708,429

DEPRECIATION

At 1 April 2024

9,815

240,361

9,438

629,418

Charge for year

1,681

32,931

1,095

73,092

At 31 March 2025

11,496

273,292

10,533

702,510

NET BOOK VALUE

At 31 March 2025

640

23,809

1,111

1,005,919

At 31 March 2024

2,321

56,740

1,911

1,076,520

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Trade debtors

416

1,190

Other debtors

62,386

64,965

62,802

66,155

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Trade creditors

128,078

105,328

Taxation and social security

29,236

21,439

Other creditors

87,469

69,543

244,783

196,310

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/3/25

31/3/24

£

£

Other creditors

13,101

41,685