Abbotstone Energy Advisory Limited 13174138 false 2021-02-02 2022-02-28 2022-02-28 The principal activity of the company is management consultancy activities Digita Accounts Production Advanced 6.30.9574.0 true 13174138 2021-02-02 2022-02-28 13174138 2022-02-28 13174138 bus:Director1 2022-02-28 13174138 core:CurrentFinancialInstruments 2022-02-28 13174138 core:CurrentFinancialInstruments core:WithinOneYear 2022-02-28 13174138 core:FurnitureFittingsToolsEquipment 2022-02-28 13174138 bus:SmallEntities 2021-02-02 2022-02-28 13174138 bus:AuditExemptWithAccountantsReport 2021-02-02 2022-02-28 13174138 bus:FullAccounts 2021-02-02 2022-02-28 13174138 bus:SmallCompaniesRegimeForAccounts 2021-02-02 2022-02-28 13174138 bus:RegisteredOffice 2021-02-02 2022-02-28 13174138 bus:Director1 2021-02-02 2022-02-28 13174138 bus:PrivateLimitedCompanyLtd 2021-02-02 2022-02-28 13174138 core:FurnitureFittingsToolsEquipment 2021-02-02 2022-02-28 13174138 core:OfficeEquipment 2021-02-02 2022-02-28 13174138 countries:AllCountries 2021-02-02 2022-02-28 iso4217:GBP xbrli:pure

Registration number: 13174138

Abbotstone Energy Advisory Limited

trading as Abbotstone Energy Advisory Ltd

Annual Report and Unaudited Financial Statements

for the Period from 2 February 2021 to 28 February 2022

 

Abbotstone Energy Advisory Limited

trading as Abbotstone Energy Advisory Ltd

Contents

Company Information

1

Director's Report

2

Balance Sheet

3

Notes to the Unaudited Financial Statements

4 to 6

 

Abbotstone Energy Advisory Limited

trading as Abbotstone Energy Advisory Ltd

Company Information

Director

Mr Mark Jonathan Dryden-Brownlee

Registered office

3 Marsh Court Farm
Romsey Road
Stockbridge
Hampshire
SO20 6DF

Accountants

Vectis Accountants Ltd
3 Marsh Court Farm
Romsey Road
Stockbridge
Hampshire
SO20 6DF

 

Abbotstone Energy Advisory Limited

trading as Abbotstone Energy Advisory Ltd

Director's Report for the Period from 2 February 2021 to 28 February 2022

The director presents his report and the financial statements for the period from 2 February 2021 to 28 February 2022.

Incorporation

The company was incorporated on 2 February 2021.

Director of the company

The director who held office during the period was as follows:

Mr Mark Jonathan Dryden-Brownlee (appointed 2 February 2021)

Principal activity

The principal activity of the company is management consultancy activities

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 28 July 2022
 

.........................................
Mr Mark Jonathan Dryden-Brownlee
Director

 

Abbotstone Energy Advisory Limited

trading as Abbotstone Energy Advisory Ltd

(Registration number: 13174138)
Balance Sheet as at 28 February 2022

Note

2022
£

Fixed assets

 

Tangible assets

5

1,455

Current assets

 

Debtors

6

254

Cash at bank and in hand

 

94,528

 

94,782

Creditors: Amounts falling due within one year

7

(28,679)

Net current assets

 

66,103

Net assets

 

67,558

Capital and reserves

 

Called up share capital

100

Retained earnings

67,458

Shareholders' funds

 

67,558

For the financial period ending 28 February 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 28 July 2022
 

.........................................
Mr Mark Jonathan Dryden-Brownlee
Director

 

Abbotstone Energy Advisory Limited

trading as Abbotstone Energy Advisory Ltd

Notes to the Unaudited Financial Statements for the Period from 2 February 2021 to 28 February 2022

1

General information

The company is a private company limited by share capital, incorporated in UK.

The address of its registered office is:
3 Marsh Court Farm
Romsey Road
Stockbridge
Hampshire
SO20 6DF
United Kingdom

These financial statements were authorised for issue by the director on 28 July 2022.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

Abbotstone Energy Advisory Limited

trading as Abbotstone Energy Advisory Ltd

Notes to the Unaudited Financial Statements for the Period from 2 February 2021 to 28 February 2022

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Office Equipment

25% reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including the director) during the period, was 1.

 

Abbotstone Energy Advisory Limited

trading as Abbotstone Energy Advisory Ltd

Notes to the Unaudited Financial Statements for the Period from 2 February 2021 to 28 February 2022

4

Profit before tax

Arrived at after charging/(crediting)

2022
£

Depreciation expense

427

5

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

Additions

1,882

1,882

At 28 February 2022

1,882

1,882

Depreciation

Charge for the period

427

427

At 28 February 2022

427

427

Carrying amount

At 28 February 2022

1,455

1,455

6

Debtors

Current

2022
£

Prepayments

254

7

Creditors

Creditors: amounts falling due within one year

2022
£

Due within one year

Taxation and social security

20,399

Other creditors

8,280

28,679