Eco-Nomics (UK) Ltd
Eco-Nomics (UK) Ltd
Financial Statements
For The Year Ended
31 December 2021
Eco-Nomics (UK) Ltd
Financial Statements
For The Year Ended
31 December 2021
Financial Statements
| Contents | |
| Page | |
|---|---|
| Accountants' Report | 1 |
| Balance Sheet | 2—3 |
| Notes to the Financial Statements | 4—5 |
Eco-Nomics (UK) Ltd
Accountants' Report
For The Year Ended
31 December 2021
Accountants' Report
Chartered Accountants' report to the director on the preparation of the unaudited statutory accounts of
Eco-Nomics (UK) Ltd
For The Year Ended 31 December 2021
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Eco-Nomics (UK) Ltd
For The Year Ended 31 December 2021 which comprise the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given to us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/membership/regulations-standards-and-guidance.
This report is made solely to the director of
Eco-Nomics (UK) Ltd
, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of
Eco-Nomics (UK) Ltd
and state those matters that we have agreed to state to the director of
Eco-Nomics (UK) Ltd
, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than
Eco-Nomics (UK) Ltd
and its director, as a body, for our work or for this report.
It is your duty to ensure that
Eco-Nomics (UK) Ltd
has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of
Eco-Nomics (UK) Ltd
. You consider that
Eco-Nomics (UK) Ltd
is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit of the accounts of
Eco-Nomics (UK) Ltd
. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
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Chartered Accountants
12 Payton Street
Stratford upon Avon
Warwickshire
CV37 6UA
Eco-Nomics (UK) Ltd
Balance Sheet
As at
31 December 2021
Balance Sheet
Registered number:
07544601
For the year ending 31 December 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
| 2021 | 2020 | ||||
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| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| Tangible assets | 3 |
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| CURRENT ASSETS | |||||
| Debtors |
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| Cash at bank and in hand |
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| Creditors: Amounts Falling Due Within One Year |
( |
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| NET CURRENT ASSETS (LIABILITIES) |
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| TOTAL ASSETS LESS CURRENT LIABILITIES |
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| Creditors: Amounts Falling Due After More Than One Year |
( |
( |
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| NET ASSETS |
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| CAPITAL AND RESERVES | |||||
| Called up share capital | 4 |
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| Share premium account |
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| Profit and Loss Account |
( |
( |
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| SHAREHOLDERS' FUNDS | 28,506 | 31,461 | |||
Eco-Nomics (UK) Ltd
Balance Sheet (continued)
As at
31 December 2021
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
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Director
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The notes on pages 4 to 5 form part of these financial statements.
Eco-Nomics (UK) Ltd
Notes to the Financial Statements
For The Year Ended
31 December 2021
Notes to the Financial Statements
1.
Accounting Policies
1.1.
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
1.2.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales tax.
1.3.
Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
| Fixtures & fittings |
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1.4.
Taxation
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the income statement because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
2.
Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2020: 1)
3.
Tangible assets
| Fixtures & fittings | |
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| £ | |
| Cost | |
| As at
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| As at
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| Depreciation | |
| As at
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| Provided during the period |
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| As at
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| Net Book Value | |
| As at
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| As at
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Eco-Nomics (UK) Ltd
Notes to the Financial Statements (continued)
For The Year Ended
31 December 2021
5.
General Information
Eco-Nomics (UK) Ltd
is a private company, limited by shares, incorporated in England & Wales, registered number
07544601
. The registered office is 12 Payton Street, Stratford upon Avon, Warwickshire, CV37 6UA.