Environmental Solutions (UK) Limited - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 03747950 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 May 2023

for

Environmental Solutions (UK) Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J L Roberts

T M J Waters

REGISTERED OFFICE:

4 Central Trading Estate

Signal Way

Swindon

Wiltshire

SN3 1PD

REGISTERED NUMBER:

03747950 (England and Wales)

FIXED ASSETS

Tangible assets

4

43,789

51,739

CURRENT ASSETS

Debtors

682,159

687,482

Cash at bank

254,122

543,602

936,281

1,231,084

CREDITORS

Amounts falling due within one year

141,534

326,673

NET CURRENT ASSETS

794,747

904,411

TOTAL ASSETS LESS CURRENT LIABILITIES

838,536

956,150

CREDITORS

Amounts falling due after more than one year

(107,411

)

(193,063

)

PROVISIONS FOR LIABILITIES

(10,947

)

(9,830

)

NET ASSETS

720,178

753,257

CAPITAL AND RESERVES

Called up share capital

3

3

Retained earnings

720,175

753,254

720,178

753,257

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2023 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 year ended 31 May 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 February 2024 and were signed on its behalf by:

J L Roberts - Director

T M J Waters - Director

1.	STATUTORY INFORMATION

Environmental Solutions (UK) 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

20% on straight line basis

Motor vehicles

-

33% on straight line basis

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2022 - 11 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 June 2022

129,463

Additions

20,444

Disposals

(11,555

)

At 31 May 2023

138,352

DEPRECIATION

At 1 June 2022

77,724

Charge for year

25,894

Eliminated on disposal

(9,055

)

At 31 May 2023

94,563

NET BOOK VALUE

At 31 May 2023

43,789

At 31 May 2022

51,739

5.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 May 2023 and 31 May 2022:

2023

2022

£

£

J L Roberts

Balance outstanding at start of year

249,821

249,821

Amounts advanced

9,720

-

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

259,541

249,821