Ecliptic Holdings Limited - Accounts to registrar (filleted) - small 22.3

REGISTERED NUMBER: 13453917 (England and Wales)

Unaudited Financial Statements

for the Period 14 June 2021 to 31 May 2022

for

Ecliptic Holdings Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

3

Directors:

A R Hunt

L D Hooker

P J Midwood

M J Tulip

Secretary:

W J Price

Registered office:

11 Shannon Way

Ashchurch

Tewkesbury

Gloucestershire

GL20 8ND

Registered number:

13453917 (England and Wales)

Accountants:

Acre Accountancy Limited

Unit 2 Foley Works

Foley Industrial Estate

Hereford

Herefordshire

HR1 2SF

FIXED ASSETS

Investments

4

146,389

CREDITORS

Amounts falling due within one year

(145,389

)

NET CURRENT LIABILITIES

(145,389

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,000

CAPITAL AND RESERVES

Called up share capital

6

1,000

SHAREHOLDERS' FUNDS

1,000

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 May 2022.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 May 2022 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

All the members have consented to the preparation of an abridged Balance Sheet for the period ended 31 May 2022 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 December 2022 and were signed on its behalf by:

A R Hunt - Director

1.	STATUTORY INFORMATION

Ecliptic Holdings Limited 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.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Financial instruments

Financial instruments are classified and accounted for according to the substance of the contractual arrangement. They are classified as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Taxation

Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

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 period 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

4.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

Cost

Additions

146,389

At 31 May 2022

146,389

Net book value

At 31 May 2022

146,389

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Solstice Distribution Limited

Registered office: Inside the United Kingdom

Nature of business: Wholesale of computers & software

%

Class of shares:

holding

Ordinary A

51.00

Ordinary B

49.00

31.5.22

31.5.21

£

£

Aggregate capital and reserves

982,942

257,392

Profit for the year

876,949

306,442

Linear AV Limited

Registered office: Inside the United Kingdom

Nature of business: Other business support service activities

%

Class of shares:

holding

Ordinary

100.00

31.5.22

31.12.20

£

£

Aggregate capital and reserves

369,860

145,325

Profit for the period

269,835

12,287

5.	SECURED DEBTS

The trade debtors are provided as security for the company's borrowing under a confidential invoice discounting

facility.

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

510

Ordinary A

£1

510

490

Ordinary B

£1

490

1,000

The Ordinary A shares are split into two custom alphabet shares and the Ordinary B shares are split into four custom alphabet shares.