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REGISTERED NUMBER: 05095353 (England and Wales)

















Unaudited Financial Statements

for the Year Ended 31 March 2018

for

Intelligent Energy Systems Limited

Intelligent Energy Systems Limited (Registered number: 05095353)






Contents of the Financial Statements
for the year ended 31 March 2018




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Intelligent Energy Systems Limited

Company Information
for the year ended 31 March 2018







DIRECTOR: R E Hill





SECRETARY: Mrs N J Hill





REGISTERED OFFICE: Criftin House
Wentnor
Bishops Castle
Shropshire
SY9 5ED





REGISTERED NUMBER: 05095353 (England and Wales)





ACCOUNTANTS: Caerwyn Jones
Chartered Accountants
Emstrey House
Shrewsbury Business Park
Shrewsbury
Shropshire
SY2 6LG

Intelligent Energy Systems Limited (Registered number: 05095353)

Statement of Financial Position
31 March 2018

2018 2017
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 24,416 31,027

CURRENT ASSETS
Debtors 5 49,526 47,041
Cash at bank 233,754 190,129
283,280 237,170
CREDITORS
Amounts falling due within one year 6 176,626 136,736
NET CURRENT ASSETS 106,654 100,434
TOTAL ASSETS LESS CURRENT
LIABILITIES

131,070

131,461

PROVISIONS FOR LIABILITIES 4,639 -
NET ASSETS 126,431 131,461

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 126,429 131,459
126,431 131,461

Intelligent Energy Systems Limited (Registered number: 05095353)

Statement of Financial Position - continued
31 March 2018


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director on 30 October 2018 and were signed by:





R E Hill - Director


Intelligent Energy Systems Limited (Registered number: 05095353)

Notes to the Financial Statements
for the year ended 31 March 2018

1. STATUTORY INFORMATION

Intelligent Energy Systems 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 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.

Turnover
Revenue 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 - 25% on reducing balance
Motor vehicles - 25% on reducing balance

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed
at the statement of financial position 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2017 - 3 ) .

Intelligent Energy Systems Limited (Registered number: 05095353)

Notes to the Financial Statements - continued
for the year ended 31 March 2018

4. PROPERTY, PLANT AND EQUIPMENT
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 April 2017 56,448 65,269 121,717
Additions 1,448 - 1,448
At 31 March 2018 57,896 65,269 123,165
DEPRECIATION
At 1 April 2017 43,725 46,965 90,690
Charge for year 3,483 4,576 8,059
At 31 March 2018 47,208 51,541 98,749
NET BOOK VALUE
At 31 March 2018 10,688 13,728 24,416
At 31 March 2017 12,723 18,304 31,027

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Trade debtors 46,202 43,896
Other debtors 3,324 3,145
49,526 47,041

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2018 2017
£    £   
Bank loans and overdrafts 3,795 -
Trade creditors 40,425 31,200
Taxation and social security 20,617 21,780
Other creditors 111,789 83,756
176,626 136,736

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Included in creditors falling due within one year is an amount totalling £59,131 (2017 £32,443) due
to the director of the company. This amount is repayable on demand. During the year no interest
was paid on this balance.

Intelligent Energy Systems Limited (Registered number: 05095353)

Notes to the Financial Statements - continued
for the year ended 31 March 2018

8. RELATED PARTY DISCLOSURES

During the year, total dividends of £25,000 were paid to the director .