Eco Chimney Limited

Eco Chimney Limited

ECO CHIMNEY LIMITED - Company Information

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1 November 2020 false No description of principal activity Taxfiler 2022.8.1 08497068business:PrivateLimitedCompanyLtd2020-11-012021-10-31 084970682020-10-31 084970682020-11-012021-10-31 08497068business:AuditExempt-NoAccountantsReport2020-11-012021-10-31 08497068business:FullAccounts2020-11-012021-10-31 084970682021-10-31 08497068business:Director12020-11-012021-10-31 08497068business:RegisteredOffice2020-11-012021-10-31 084970682020-10-31 08497068core:WithinOneYear2021-10-31 08497068core:WithinOneYear2020-10-31 08497068core:AfterOneYear2021-10-31 08497068core:AfterOneYear2020-10-31 08497068core:ShareCapital2021-10-31 08497068core:ShareCapital2020-10-31 08497068core:RetainedEarningsAccumulatedLosses2021-10-31 08497068core:RetainedEarningsAccumulatedLosses2020-10-31 08497068business:SmallEntities2020-11-012021-10-31 08497068countries:EnglandWales2020-11-012021-10-31 08497068core:PlantMachinery2020-11-012021-10-31 08497068core:ComputerEquipment2020-11-012021-10-31 08497068core:PlantMachinery2020-10-31 08497068core:ComputerEquipment2020-10-31 08497068core:PlantMachinery2021-10-31 08497068core:ComputerEquipment2021-10-31 08497068business:Director112020-11-012021-10-31 08497068business:Director112020-10-31 08497068business:Director112021-10-31 084970682019-11-012020-10-31 iso4217:GBP xbrli:pure
Company Registration No. 08497068 (England and Wales)
Eco Chimney Limited Unaudited accounts for the year ended 31 October 2021
Eco Chimney Limited Unaudited accounts Contents
Page
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Eco Chimney Limited Company Information for the year ended 31 October 2021
Director
Krzysztof Zielinski
Company Number
08497068 (England and Wales)
Registered Office
6 Buttermere Close Morden SM4 4SG ENGLAND
Accountants
Abacus Accounting Solutions Ltd 5 Pasture Close North Wembley Middlesex HA0 3JE
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Eco Chimney Limited Statement of financial position as at 31 October 2021
2021 
2020 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
607 
809 
Current assets
Debtors
5
40,025 
15,491 
Cash at bank and in hand
111 
6,282 
40,136 
21,773 
Creditors: amounts falling due within one year
6
(58,830)
(43,383)
Net current liabilities
(18,694)
(21,610)
Total assets less current liabilities
(18,087)
(20,801)
Creditors: amounts falling due after more than one year
7
(12,040)
- 
Net liabilities
(30,127)
(20,801)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(30,129)
(20,803)
Shareholders' funds
(30,127)
(20,801)
For the year ending 31 October 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 31 July 2022 and were signed on its behalf by
Krzysztof Zielinski Director Company Registration No. 08497068
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Eco Chimney Limited Notes to the Accounts for the year ended 31 October 2021
1
Statutory information
Eco Chimney Limited is a private company, limited by shares, registered in England and Wales, registration number 08497068. The registered office is 6 Buttermere Close, Morden, SM4 4SG, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Computer equipment
25% reducing balance
Government grants
Government assisted loans Loans received through the Bounce Back Loan Scheme (BBLS) or the Coronavirus Business Interruption Loan Scheme (CBILS) are accounted for on the date the funds are received by the company. The first twelve months of the interest charge, which is funded by the government, is recognised in the profit and loss account as both an interest charge and as a government grant receivable.
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 November 2020
2,860 
759 
3,619 
At 31 October 2021
2,860 
759 
3,619 
Depreciation
At 1 November 2020
2,355 
455 
2,810 
Charge for the year
126 
76 
202 
At 31 October 2021
2,481 
531 
3,012 
Net book value
At 31 October 2021
379 
228 
607 
At 31 October 2020
505 
304 
809 
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Eco Chimney Limited Notes to the Accounts for the year ended 31 October 2021
5
Debtors: amounts falling due within one year
2021 
2020 
£ 
£ 
Trade debtors
4,049 
- 
Accrued income and prepayments
- 
6,290 
Other debtors
35,976 
9,201 
40,025 
15,491 
6
Creditors: amounts falling due within one year
2021 
2020 
£ 
£ 
Bank loans and overdrafts
16,745 
6,743 
Trade creditors
- 
2,720 
Taxes and social security
40,475 
27,742 
Other creditors
- 
5,411 
Accruals
1,610 
767 
58,830 
43,383 
7
Creditors: amounts falling due after more than one year
2021 
2020 
£ 
£ 
Bank loans
12,040 
- 
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Krzysztof Zielinski
Net Payments made
9,201 
17,951 
- 
27,152 
9,201 
17,951 
- 
27,152 
9
Average number of employees
During the year the average number of employees was 0 (2020: 0).
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