ACCOUNTS - Final Accounts

Commitments under operating leases

At 30 June 2024 the company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

Registered number: 08977250

ECOLUXE MARKETING SERVICES LIMITED

UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024


ECOLUXE MARKETING SERVICES LIMITED

CONTENTS

	Page
Balance sheet	1 - 2
Notes to the financial statements	3 - 5


ECOLUXE MARKETING SERVICES LIMITED REGISTERED NUMBER:08977250

BALANCE SHEET

AS AT 30 JUNE 2024

	2024	2024	2023	2023
Note	£	£	£	£


Current assets
Debtors: amounts falling due after more than one year	4	-		39,000
Debtors: amounts falling due within one year	4	99,487		82,145
Cash at bank and in hand	5	178		978
		99,665		122,123
Creditors: amounts falling due within one year	6	(11,272)		(33,053)
Net current assets			88,393		89,070
Total assets less current liabilities			88,393		89,070

Net assets			88,393		89,070

Capital and reserves
Called up share capital	7	1	1
Profit and loss account		88,392	89,069
		88,393	89,070


ECOLUXE MARKETING SERVICES LIMITED REGISTERED NUMBER:08977250

BALANCE SHEET (CONTINUED)

AS AT 30 JUNE 2024

The director considers that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 8 December 2025.

R Tateossian

Director

The notes on pages 3 to 5 form part of these financial statements.


ECOLUXE MARKETING SERVICES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

1.	General information

The company is a private company, limited by shares, registered in England and Wales, registration number 08977250.

The registered office address is Elsley Court, 20-22 Great Titchfield Street, London, W1W 8BE.

The principal place of business is Units 3, 4, 5 Fulham Business Exchange, The Boulevard, Imperial Wharf, London, SW6 2TL.

The principal activity of the company is that of a property company.

The company ceased trading on 25 July 2024.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The company's functional and presentational currency is pound sterling.

The following principal accounting policies have been applied:

2.2

Going concern

The ultimate shareholder has considered the implications of a net deficit in the balance sheet and
post year end has noted that he may consider winding up the company within 12 months of the
signing of the financial statements. Therefore, the accounts have not been prepared on a going
concern basis. As a result, the accounts have been prepared on a breakup basis.

2.3

Revenue

Revenue from rental services is recognised in the period in which the services are provided.

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

2.4

Operating leases

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight line basis over the lease term.

2.5

Debtors

Short term debtors are measured at transaction price, less any impairment.


ECOLUXE MARKETING SERVICES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

2.6

Cash

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

2.7

Creditors

Short term creditors are measured at the transaction price.

2.8

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as trade and other debtors and creditors, loans from other third parties, loans to related parties.

Employees

The average monthly number of employees, including the director, during the year was 1 (2023 - 1).

4.	Debtors
		2024	2023
		£	£

Due after more than one year
Other debtors	-	39,000

Debtors due after one year represent rent deposits which are secured in favour of the landlord.

					2024	2023
					£	£

Due within one year
Amounts owed by group undertakings	41,562	33,185
Other debtors	53,810	22,460
Prepayments and accrued income	4,115	26,500
	99,487	82,145

5.	Cash
		2024	2023
		£	£

	Cash at bank and in hand	178	978


ECOLUXE MARKETING SERVICES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

6.	Creditors: Amounts falling due within one year
		2024	2023
		£	£

Trade creditors	1,157	553
Amounts owed to group undertakings	5,000	5,000
Accruals and deferred income	5,115	27,500
	11,272	33,053

7.	Share capital
		2024	2023
		£	£

Allotted, called up and fully paid

1 (2023 - 1) Ordinary share of £1.00	1	1

There is a single class of ordinary share. There are no restrictions on the distribution of dividends and the repayment of capital.

	Not later than 1 year	-	66,378
		-	66,378

Related party transactions

No disclosure has been made of transactions with other wholly owned group companies in accordance with FRS 102 Section 1A paragraph 1AC.35.

The parent of the smallest group for which consolidated accounts are drawn up of which this company is a member is Tateossian Limited, a company registered in England and Wales, whose registered address is Units 3, 4, 5 Fulham Business Exchange, The Boulevard, Imperial Wharf, London, SW6 2TL.