E C Professionals Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 04667639

E C Professionals Ltd

Filleted Unaudited Financial Statements

31 January 2025

E C Professionals Ltd

Statement of Financial Position

31 January 2025

	31 Jan 25		30 Apr 24
Note	£	£	£	£

Fixed assets

Tangible assets	6		61,498		32,977

Current assets

Stocks		13,145	4,943
Debtors	7	302,164	114,469
Cash at bank and in hand		149,276	176,143
		---------	---------
		464,585	295,555

Creditors: amounts falling due within one year	8	313,491		227,083
		---------		---------
Net current assets			151,094		68,472
			---------		---------
Total assets less current liabilities			212,592		101,449

Creditors: amounts falling due after more than one year	9		47,031		10,833

Provisions

Taxation including deferred tax	5,227	8,244
	---------	---------
Net assets	160,334	82,372
	---------	---------

Capital and reserves

Called up share capital	10	300	300
Profit and loss account		160,034	82,072
		---------	--------
Shareholders funds		160,334	82,372
		---------	--------

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 income and retained earnings has not been delivered.

For the period ending 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

E C Professionals Ltd

Statement of Financial Position (continued)

31 January 2025

These financial statements were approved by the board of directors and authorised for issue on 31 October 2025 , and are signed on behalf of the board by:

Mr M Evans	Mr K Hutchinson
Director	Director

Company registration number: 04667639

E C Professionals Ltd

Notes to the Financial Statements

Period from 1 May 2024 to 31 January 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Britannic House, 279 Chanterlands Avenue, Hull, HU5 4DS, England.

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.

Income tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less, or to receive more tax.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. 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 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 and Fittings	-	25% straight line
Motor vehicles	-	25% reducing balance

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

4. Employee numbers

The average number of persons employed by the company during the period amounted to 18 (2024: 21 ).

5. Tax on profit

Major components of tax expense

	Period from
	1 May 24 to	Year to
	31 Jan 25	30 Apr 24
	£	£

Current tax:

UK current tax expense	88,098	56,041

Deferred tax:

Origination and reversal of timing differences	( 3,017)	( 2,497)
	--------	--------
Tax on profit	85,081	53,544
	--------	--------

6. Tangible assets

	Fixtures and fittings	Motor vehicles	Total
	£	£	£
Cost
At 1 May 2024	100,590	79,430	180,020
Additions	454	49,500	49,954
Disposals	–	( 79,430)	( 79,430)
	---------	--------	---------
At 31 January 2025	101,044	49,500	150,544
	---------	--------	---------
Depreciation
At 1 May 2024	77,542	69,501	147,043
Charge for the period	7,379	12,399	19,778
Disposals	–	( 77,775)	( 77,775)
	---------	--------	---------
At 31 January 2025	84,921	4,125	89,046
	---------	--------	---------
Carrying amount
At 31 January 2025	16,123	45,375	61,498
	---------	--------	---------
At 30 April 2024	23,048	9,929	32,977
	---------	--------	---------

Finance leases and hire purchase contracts

Included within the carrying value of tangible assets are the following amounts relating to assets held under finance leases or hire purchase agreements:

	Motor vehicles
	£
At 31 January 2025	45,375
	--------
At 30 April 2024	9,929
	--------

7. Debtors

	31 Jan 25	30 Apr 24
	£	£
Trade debtors	177,173	107,333
Amounts owed by group undertakings	116,857	–
Prepayments and accrued income	7,393	7,136
Other debtors	741	–
	---------	---------
	302,164	114,469
	---------	---------

8. Creditors: amounts falling due within one year

	31 Jan 25	30 Apr 24
	£	£
Bank loans and overdrafts	10,000	10,000
Trade creditors	4,398	8,661
Accruals and deferred income	30,001	20,888
Corporation tax	144,214	56,116
Social security and other taxes	115,348	87,819
Obligations under finance leases and hire purchase contracts	4,552	37,557
Director loan accounts	80	1,569
Other creditors	4,898	4,473
	---------	---------
	313,491	227,083
	---------	---------

9. Creditors: amounts falling due after more than one year

	31 Jan 25	30 Apr 24
	£	£
Bank loans and overdrafts	3,333	10,833
Obligations under finance leases and hire purchase contracts	43,698	–
	--------	--------
	47,031	10,833
	--------	--------

10. Called up share capital

Issued, called up and fully paid

	31 Jan 25		30 Apr 24
	No.	£	No.	£
Ordinary shares of £ 1 each	100	100	100	100
"D2" Ordinary shares of £ 1 each	100	100	100	100
"D3" Ordinary shares of £1 each	100	100	100	100
	----	----	----	----
	300	300	300	300
	----	----	----	----

11. Directors' advances, credits and guarantees

During the year there were no directors' advances, credits and guarantees.