ECO2_SOLUTIONS_GROUP_LIMI - Accounts


Company Registration No. 08348510 (England and Wales)
ECO2 SOLUTIONS GROUP LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
PAGES FOR FILING WITH REGISTRAR
ECO2 SOLUTIONS GROUP LIMITED
COMPANY INFORMATION
Directors
Mr P T Hutchens
Mr R Mee
Mr K A Dixon
Mr S A Berg
Mr C J Lovatt
Secretary
Mr P T Hutchens
Company number
08348510
Registered office
Unit 8
John Samuel Building
Arthur Drive Hoo Farm Industrial Estate
Kidderminster
Worcestershire
DY11 7RA
Accountants
Ormerod Rutter Limited
The Oakley
Kidderminster Road
Droitwich
Worcestershire
WR9 9AY
Bankers
National Westminster Bank Plc
24 High Street
Kidderminster
Worcestershire
DY10 2DL
ECO2 SOLUTIONS GROUP LIMITED
CONTENTS
Page
Accountants' report
1
Balance sheet
2
Notes to the financial statements
3 - 5
ECO2 SOLUTIONS GROUP LIMITED
ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF ECO2 SOLUTIONS GROUP LIMITED FOR THE YEAR ENDED 31 DECEMBER 2022
- 1 -

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Eco2 Solutions Group Limited for the year ended 31 December 2022 which comprise, the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given 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/members/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Eco2 Solutions Group Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Eco2 Solutions Group Limited and state those matters that we have agreed to state to the Board of Directors of Eco2 Solutions Group Limited, 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 Eco2 Solutions Group Limited and its Board of Directors as a body, for our work or for this report.

It is your duty to ensure that Eco2 Solutions Group Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Eco2 Solutions Group Limited. You consider that Eco2 Solutions Group Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Eco2 Solutions Group Limited. 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 statutory financial statements.

Ormerod Rutter Limited
30 March 2023
Chartered Accountants
The Oakley
Kidderminster Road
Droitwich
Worcestershire
WR9 9AY
ECO2 SOLUTIONS GROUP LIMITED
BALANCE SHEET
AS AT
31 DECEMBER 2022
31 December 2022
- 2 -
2022
2021
Notes
£
£
£
£
Fixed assets
Investments
3
200
200
Current assets
Debtors
4
1,267
20,881
Cash at bank and in hand
135
135
1,402
21,016
Creditors: amounts falling due within one year
5
(401)
(20,015)
Net current assets
1,001
1,001
Total assets less current liabilities
1,201
1,201
Capital and reserves
Called up share capital
6
100
100
Capital redemption reserve
1
1
Profit and loss reserves
1,100
1,100
Total equity
1,201
1,201

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 December 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the board of directors and authorised for issue on 30 March 2023 and are signed on its behalf by:
Mr P T Hutchens
Director
Company Registration No. 08348510
ECO2 SOLUTIONS GROUP LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
- 3 -
1
Accounting policies
Company information

Eco2 Solutions Group Limited is a private company limited by shares incorporated in England and Wales. The registered office is Unit 8, John Samuel Building, Arthur Drive Hoo Farm Industrial Estate, Kidderminster, Worcestershire, DY11 7RA.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

The company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the company as an individual entity and not about its group.

1.2
Fixed asset investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was 6 (2021 - 6).

3
Fixed asset investments
2022
2021
£
£
Investments
200
200
ECO2 SOLUTIONS GROUP LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2022
3
Fixed asset investments
(Continued)
- 4 -
Movements in fixed asset investments
Shares in group undertakings
£
Cost or valuation
At 1 January 2022 & 31 December 2022
200
Carrying amount
At 31 December 2022
200
At 31 December 2021
200
4
Debtors
2022
2021
Amounts falling due within one year:
£
£
Amounts owed by group undertakings
1,267
-
0
Other debtors
-
0
20,881
1,267
20,881
5
Creditors: amounts falling due within one year
2022
2021
£
£
Amounts owed to group undertakings
-
0
20,015
Other creditors
401
-
0
401
20,015
6
Called up share capital
2022
2021
£
£
Ordinary share capital
Issued and fully paid
49,000 A Ordinary of 0.1p each
49
49
51,000 B Ordinary of 0.1p each
51
51
100
100
ECO2 SOLUTIONS GROUP LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2022
- 5 -
7
Related party transactions

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

8
Ultimate controlling party

There is no ultimate controlling party.

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