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COMPANY REGISTRATION NUMBER: 10527268
Echo Estates Ltd
Filleted Unaudited Financial Statements
31 December 2024
Echo Estates Ltd
Balance Sheet
31 December 2024
31 Dec 24
28 Dec 23
Note
£
£
£
Current assets
Stocks
62,792
57,470
Debtors
4
32,141
Cash at bank and in hand
65
---------
---------
62,792
89,676
Creditors: amounts falling due within one year
5
( 163,570)
( 158,407)
----------
----------
Net current liabilities
( 100,778)
( 68,731)
----------
---------
Total assets less current liabilities
( 100,778)
( 68,731)
Creditors: amounts falling due after more than one year
6
( 24,543)
----------
---------
Net liabilities
( 100,778)
( 93,274)
----------
---------
Capital and reserves
Called up share capital
100
100
Profit and loss account
( 100,878)
( 93,374)
----------
---------
Shareholders deficit
( 100,778)
( 93,274)
----------
---------
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 profit and loss account has not been delivered.
For the period ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 22 December 2025 , and are signed on behalf of the board by:
Mr C Knopf
Director
Company registration number: 10527268
Echo Estates Ltd
Notes to the Financial Statements
Period from 29 December 2023 to 31 December 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 34 Powis Gardens, London, England, NW11 8HH.
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.
Going concern
The financial statements have been prepared in accordance with the accounting principles appropriate to a going concern notwithstanding the deficiency in net assets at the balance sheet date. The directors consider this to be appropriate having regard to the continued provision of financial support by the company's directors and principal creditors.
Turnover
The turnover shown in the Profit and loss account represents amounts of rental income and service charges invoiced during the period. Costs of Sales The costs of sales are recognised in the Profit and loss account in the year in which they are incurred.
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.
Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.
4. Debtors
31 Dec 24
28 Dec 23
£
£
Other debtors
32,141
----
---------
5. Creditors: amounts falling due within one year
31 Dec 24
28 Dec 23
£
£
Amounts owed to group undertakings
136,822
Other creditors
26,748
158,407
----------
----------
163,570
158,407
----------
----------
Amounts owed to group undertakings relate to amounts due to The Button Corporation Limited and The Button Property Corporation Limited, fellow group companies incorporated in England & Wales. Other creditors include amounts due to the director of this company.
6. Creditors: amounts falling due after more than one year
31 Dec 24
28 Dec 23
£
£
Bank loans and overdrafts
24,543
----
---------