ECS Limited Filleted accounts for Companies House (small and micro)
ECS Limited Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
05891716
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For the year ended |
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Statement of Financial Position |
2019 |
2018 |
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Note |
£ |
£ |
£ |
Fixed assets
Tangible assets |
5 |
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Current assets
Stocks |
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Debtors |
6 |
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Cash at bank and in hand |
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--------- |
--------- |
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Creditors: amounts falling due within one year |
7 |
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--------- |
--------- |
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Net current assets |
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--------- |
--------- |
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Total assets less current liabilities |
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Creditors: amounts falling due after more than one year |
8 |
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– |
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Provisions
Taxation including deferred tax |
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--------- |
--------- |
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Net assets |
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--------- |
--------- |
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Statement of Financial Position (continued) |
2019 |
2018 |
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Note |
£ |
£ |
£ |
Capital and reserves
Called up share capital |
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Profit and loss account |
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--------- |
--------- |
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Shareholders funds |
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--------- |
--------- |
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In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
Director's responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year 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
5 March 2020
, and are signed on behalf of the board by:
Director
Company registration number:
05891716
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Notes to the Financial Statements |
Year ended 31st July 2019
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is L Building, Glenfield Business Park, Phillips Road, Blackburn, Lancashire, BB1 5PF, ENGLAND.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Revenue recognition
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, with the following exception: * deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date.
Tangible assets
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:
Additions to leasegold property |
- |
over the period of the lease
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Plant and machinery |
- |
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Fixtures and fittings |
- |
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Motor vehicles |
- |
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Office equipment |
- |
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Impairment of fixed assets
Stocks
Finance leases and hire purchase contracts
Provisions
Financial instruments
Defined contribution plans
4.
Particulars of employees
The average number of persons employed by the company during the year amounted to
8
(2018:
7
).
5.
Tangible assets
Land and buildings |
Plant and machinery |
Fixtures and fittings |
Motor vehicles |
Equipment |
Total |
|
£ |
£ |
£ |
£ |
£ |
£ |
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Cost |
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At 1 Aug 2018 |
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23,870
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Additions |
– |
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– |
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– |
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------- |
--------- |
-------- |
-------- |
-------- |
--------- |
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At 31 Jul 2019 |
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23,870
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------- |
--------- |
-------- |
-------- |
-------- |
--------- |
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Depreciation |
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At 1 Aug 2018 |
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16,690
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Charge for the year |
– |
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1,795
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------- |
--------- |
-------- |
-------- |
-------- |
--------- |
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At 31 Jul 2019 |
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------- |
--------- |
-------- |
-------- |
-------- |
--------- |
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Carrying amount |
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At 31 Jul 2019 |
– |
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5,385
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------- |
--------- |
-------- |
-------- |
-------- |
--------- |
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At 31 Jul 2018 |
– |
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7,180
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------- |
--------- |
-------- |
-------- |
-------- |
--------- |
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6.
Debtors
2019 |
2018 |
|
£ |
£ |
|
Trade debtors |
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Other debtors |
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-------- |
-------- |
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-------- |
-------- |
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7.
Creditors:
amounts falling due within one year
2019 |
2018 |
|
£ |
£ |
|
Bank loans and overdrafts |
– |
|
Trade creditors |
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|
Corporation tax |
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|
Social security and other taxes |
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Other creditors |
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-------- |
-------- |
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-------- |
-------- |
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8.
Creditors:
amounts falling due after more than one year
2019 |
2018 |
|
£ |
£ |
|
Other creditors |
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– |
------- |
---- |
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9.
Commitments under operating leases
The total future minimum lease payments under non-cancellable operating leases are as follows:
2019 |
2018 |
|
£ |
£ |
|
Later than 1 year and not later than 5 years |
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-------- |
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10.
Director's advances, credits and guarantees
Included in other creditors are amounts owing to Mr J Jones, the director of the company, of £31,825 (2018: £36,000)
11.
Related party transactions
The company was under the control of Mr J Jones throughout the current and previous year. Mr J Jones is the managing director and sole shareholder. No transactions with related parties were undertaken such as are required to be disclosed under Financial Reporting Standard 8.