REGISTERED NUMBER: 11059400 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

ECOOLDEALS SERVICE LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

K Y K NG

REGISTERED OFFICE:

UNIT 9 BLOCK 3

WEDNESBURY TRADING ESTATE

WEDNESBURY

WS10 7JN

REGISTERED NUMBER:

11059400 (England and Wales)

FIXED ASSETS

Tangible assets

4

192,587

237,577

CURRENT ASSETS

Debtors

5

131,987

130,359

Cash at bank

25,516

6,394

157,503

136,753

CREDITORS

Amounts falling due within one year

6

1,081,312

1,091,057

NET CURRENT LIABILITIES

(923,809

)

(954,304

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(731,222

)

(716,727

)

CAPITAL AND RESERVES

Called up share capital

7

100

100

Retained earnings

8

(731,322

)

(716,827

)

SHAREHOLDERS' FUNDS

(731,222

)

(716,727

)

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 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 12 December 2025 and were signed by:

K Y K NG - Director

1.	STATUTORY INFORMATION

ECOOLDEALS SERVICE LTD 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 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.

Tangible fixed 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.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items

recognised in other comprehensive income or directly in equity. In this case, tax is recognised in

other comprehensive income or directly in equity, respectively.

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.

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.

Financial instruments at fair value

At the balance sheet date, there isn't any financial asset or liability entered by the company that is required to be disclosed under FRS 102 other than the bank balance as shown in the statement of financial position.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 April 2024

275,914

93,888

2,330

372,132

Additions

-

1,724

-

1,724

At 31 March 2025

275,914

95,612

2,330

373,856

DEPRECIATION

At 1 April 2024

95,335

36,890

2,330

134,555

Charge for year

27,592

19,122

-

46,714

At 31 March 2025

122,927

56,012

2,330

181,269

NET BOOK VALUE

At 31 March 2025

152,987

39,600

-

192,587

At 31 March 2024

180,579

56,998

-

237,577

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

9,600

9,598

Other debtors

117,553

109,553

VAT

4,834

11,208

131,987

130,359

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Tax

-

18,056

Social security and other taxes

821

791

Other creditors

13,497

5,216

Directors' current accounts

1,063,294

1,063,294

Accrued expenses

3,700

3,700

1,081,312

1,091,057

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

100

Ordinary Share Capital

£1

100

100

8.

RESERVES

Retained

earnings

£

At 1 April 2024

(716,827

)

Deficit for the year

(14,495

)

At 31 March 2025

(731,322

)

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

As at 31 March 2025, there is a loan due from the company to the director amounted to £1,063,294 (2024: £1,063,294). The loan is interest free, unsecured and repayable on demand.