The Ecology Partnership Ltd - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: 06840162 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2017

FOR

THE ECOLOGY PARTNERSHIP LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Ms A M Tamblyn

P H Hale

SECRETARY:

P H Hale

REGISTERED OFFICE:

7 Rushmere Place

Marryat Road

Wimbledon

London

SW19 5RP

REGISTERED NUMBER:

06840162 (England and Wales)

ACCOUNTANTS:

Plus Accounting

Chartered Accountants

Preston Park House

South Road

Brighton

East Sussex

BN1 6SB

BANKERS:

National Westminster Bank plc

PO Box 2403

8-11 Pavilion Buildings

Castle Square

Brighton

East Sussex

BN1 1DP

FIXED ASSETS

Tangible assets

4

25,391

11,848

CURRENT ASSETS

Debtors

5

124,710

151,335

Cash at bank and in hand

161,510

163,784

286,220

315,119

CREDITORS

Amounts falling due within one year

6

(77,310

)

(101,920

)

NET CURRENT ASSETS

208,910

213,199

TOTAL ASSETS LESS CURRENT LIABILITIES

234,301

225,047

PROVISIONS FOR LIABILITIES

8

(4,018

)

(1,611

)

NET ASSETS

230,283

223,436

CAPITAL AND RESERVES

Called up share capital

9

62

62

Capital redemption reserve

38

38

Retained earnings

230,183

223,336

SHAREHOLDERS' FUNDS

230,283

223,436

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2017 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 of Part 15 of the Companies Act 2006 relating to small companies.

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 on 29 March 2018 and were signed on its behalf by:

P H Hale - Director

1.	STATUTORY INFORMATION

The Ecology Partnership Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Significant judgements and estimates

Preparation of the financial statements requires management to make significant judgements and estimates and

these estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting

estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or

in the period of the revision and future periods if the revision affects both current and future periods.

The items in the financial statements where these judgements and estimates have been made include the useful

economic life of tangible fixed assets, the depreciation of these assets, provisions, and recoverability of debtors.

Turnover

Turnover represents the fair value of consideration received or receivable net of VAT and trade discounts.

Revenue is recognised as contract activity progresses. Revenue not billed is included in debtors and payments

on account in excess of the relevant amount of revenue are included in creditors.

Tangible fixed assets

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and

accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of

operating as intended by management.

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

life.

Tools

-

33% on cost

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Impairment review

At each balance sheet date, the company reviews the carrying amount of its assets to determine whether there

is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable

amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not

possible to estimate the recoverable amount of an asset, the Company estimates the recoverable amount of the

cash-generating unit to which the asset belongs.

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.

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.

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.

Going concern

The directors have a reasonable expectation that the company has adequate resources to continue in existence

for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its

financial statements.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2016 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Motor

Computer

Tools

vehicles

equipment

Totals

£

£

£

£

COST

At 1 January 2017

8,088

29,962

10,641

48,691

Additions

-

25,619

-

25,619

Disposals

-

(16,462

)

-

(16,462

)

At 31 December 2017

8,088

39,119

10,641

57,848

DEPRECIATION

At 1 January 2017

5,884

23,790

7,169

36,843

Charge for year

2,143

7,948

1,984

12,075

Eliminated on disposal

-

(16,461

)

-

(16,461

)

At 31 December 2017

8,027

15,277

9,153

32,457

NET BOOK VALUE

At 31 December 2017

61

23,842

1,488

25,391

At 31 December 2016

2,204

6,172

3,472

11,848

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade debtors

92,502

91,908

Other debtors

32,208

59,427

124,710

151,335

Other debtors includes a directors' current account balance of £16,540. £43,975 was the maximum balance

subsisting in the year. During the year the director was charged interest at 3% and 2.5% totalling £767.

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2017

2016

£

£

Trade creditors

7,617

4,144

Taxation and social security

67,379

94,036

Other creditors

2,314

3,740

77,310

101,920

7.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2017

2016

£

£

Within one year

9,000

-

8.	PROVISIONS FOR LIABILITIES

2017

2016

£

£

Deferred tax

4,018

1,611

Deferred

tax

£

Balance at 1 January 2017

1,611

Accelerated capital allowances

2,407

Balance at 31 December 2017

4,018

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2017

2016

value:

£

£

50

Ordinary 'A'

£1

50

50

12

Ordinary 'B'

£1

12

12

62

62

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2017 and

31 December 2016:

2017

2016

£

£

Ms A M Tamblyn

Balance outstanding at start of year

31,730

15,347

Amounts advanced

-

32,383

Amounts repaid

(15,190

)

(16,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

16,540

31,730

During the year the director was charged loan interest of £767 on the authorised beneficial loan interest rate.

The loan is repayable on demand.